by Ryan Avery | Jan 16, 2023 | Uncategorized
As of June 2022, we are currently seeing unnatural discrepancies in the size of mortgage loans borrowers will qualify for, and it’s all because of a rift in the space-time stress test continuum. You see, most 5-year fixed mortgage rates are already over 5%, making...
by Ryan Avery | Jan 9, 2023 | Uncategorized
Canada’s headline inflation reading continued to fall in November, but core inflation rose, increasing the potential for an additional Bank of Canada rate hike in January. The headline Consumer Price Index (CPI) continued to slow to an annual growth rate of...
by Ryan Avery | Dec 28, 2022 | Uncategorized
From the first consultation to the signing of your mortgage, a broker’s services are free to the client. There may be a fee for those with the most challenging of credit positions, but under those unique circumstances, a mortgage professional will be able to do...
by Ryan Avery | Dec 19, 2022 | Uncategorized
Home sale prices in Canada will go down by an average of 3.3% next year, with the biggest declines likely to be seen in Ontario and Western Canada, according to a new RE/MAX analysis. “In sharp contrast to 2022, most regions … will experience more balanced conditions...
by Ryan Avery | Dec 12, 2022 | Uncategorized
Earlier this month, B.C will no longer be able to enforce bylaws that restrict or prohibit rentals. 📌Age restricted properties will no longer be enforceable with the exception for 55+ age restricted properties. 📌Bylaws that permit short term...
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