You’re almost there… this is the final stage of buying a home: Closing the deal. Learn the importance of home insurance, locksmiths, and a high quality home inspector.
Real Estate Market Update – The Tipping Point?
Over the past ten years there have been many government interventions intended to cool the housing market. It appears we may have hit a tipping point. The market has stalled and is either about to provide a “soft” or a “hard” landing which will deliver much needed affordability. Alternatively, this may be a breather before prices continue their upward march.
Why you should care that the Bank of Canada raised rates
As expected, the Bank of Canada has raised the overnight rate to 1.50%. This is significant because the overnight rate has risen 300% since beginning of 2016 when it was only 0.5%.
In this article, we explain the impact of this trend on mortgage payments and home prices.
Successful House Hunting
Advice, guides and checklists for first time home buyers on the second stage of homebuying. Learn how to get a reliable mortgage pre-approval and chose a home buying strategy. Find out what conditions you should include in your offer.
Will the Bank of Canada raise rates July 11?
A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement.
How to set a budget...
Advice, guides and checklists for first time home buyers on the first stage of homebuying. Learn how to set a budget that includes all of the costs of a home purchase. Find out what the ongoing costs of ownership are.
Great spots to walk the dogs and let them have a run!
A collection of our five favourite locations to take your dog for a walk with laces they can be free of the lease. Training your dog to socialize with others is essential to his or her health!
Proof the Metro Vancouver housing supply problem is REAL and could get worse.
The housing supply problem is real and could get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing “Supply Myth” argument. Our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve our housing crisis.