Variable or Fixed Rate Mortgage?

Variable Rate Mortgage or Fixed Rate which option is right for you? Almost entirely for the past 30 years variable rates have outperformed the fixed rate mortgage. So why are fixed terms so prevalent? Most often reason, Peace of Mind knowing that your mortgage payment will remain the same throughout your term. What if there was another option which took advantage of the lower interest rate? Anne explains your options.

Record July Home Purchases

July 2009 the Real Estate Market in Metro Vancouver enters into a balanced market with record sales in the month.

What is the Home Buyer’s Tax Credit (HBTC)?

For 2009 and subsequent years, the budget proposes to introduce a new non-refundable tax credit, based on an amount of $5,000, for certain home buyers that acquire a qualifying home after January 27, 2009 (i.e., closing after this date).

BC Property Tax Deferment & Financial Hardship Property Tax Deferment

BC Property Taxes Due in July can be deferred under the Finacial Hardship Property Tax Derferment Program which was established in 2008. Your property taxes can be deferred but you must apply the for home owners grant and pay any penalties and fees. Property taxes are then set as a lien against the home until paid or sold or change in ownership. Learn more and click the link.