• Rent-to-Own Real Estate,

    Rent-to-Own Real Estate

    I think it's safe to say that every single detached home in Vancouver is priced over $1M. In fact as of Feb 2021, the average priced single family home in Greater Vancouver shot up to $1.83M (the third highest monthly figure, ever!). And here is the major disconnect of the entire real estate equatio

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  • Things you probably didn’t know about the RRSP First Time Home Buyer Plan,

    Things you probably didn’t know about the RRSP First Time Home Buyer Plan

    The term “First Time Home Buyer” is thrown around often these days and is tagged in countless incentive based programs and policies. In the future I will dedicate an entire newsletter to the various First Time Home Buyer privileges and programs, but today I will talk about one in particular, the RRS

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  • Fixed, Variable, HELOC, or all of the above?,

    Fixed, Variable, HELOC, or all of the above?

    Key Characteristics of fixed rate mortgages…Current Rate Range (as of Feb 5, 2021): 1.49% to 1.79%Distinguishing Characteristics:mortgage break penalties are the greater of 3 months interest or interest rate differential (IRD).  And with that being said, your mortgage penalty figure can deviate back

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