Blog
9th Annual Charity Christmas Classic
Every year our team holds the annual Charity Christmas Classic. This year, however, it will look a little different. While we need to stay 6 - feet apart the food banks need more donations than...
What is a “Gifted” Down Payment?
A “Gifted” Down Payment is very common for first-time buyers. Essentially, a buyer’s family member will offer up money to go towards the down payment of their new home. A gifted down payment is...
Why Use a Local Mortgage Broker in Langley
The mortgage industry has become a more than $1.5 trillion dollar industry in Canada. As the industry grows so do the options Canadians can choose for a mortgage. Banks, credit unions, mortgage...
5 Things You Need to Know Before You Co-Sign a Mortgage
So you're thinking about co-signing for a mortgage? Do you really know what it means to be a mortgage cosigner? Do you know what you're getting yourself into when cosigning a mortgage? Co-signing a...
Why Surrey & Langley Residents Should Consider Refinancing
With the 2019 pandemic, a few economists believed home sales would fall in BC however, that has not been the case. The housing market in BC is growing and demand is outweighing supply with no end in...
Guide to First Time Home Buyer Programs in BC
Buying your first home is an exciting time. It can also be overwhelming. So many things to know and understand. In Canada, both the provincial and federal governments want to encourage people to buy...
What You Need To Know About CMHC Changes in 2020
In a recent report to the Standing Committee on Finance, Evan Siddall, CEO of the Canada Mortgage and Housing Corp. (CMHC) forecasted a decline of 9% - 18% in home prices over the next 12 months....
What You Should Know About Mortgage Refinancing
A mortgage refinance is by definition paying off your existing mortgage by signing up for a new one. People apply for a mortgage refinance to access home equity, get a lower rate to improve...
A Guide to Reverse Mortgages in Canada
What is a Reverse Mortgage? A Reverse Mortgage is a solution for homeowners age 55+ who have a lot of their life savings tied up in their home and they’d like to use some of it to improve...
Buying A Home During a Pandemic
Sir Winston Churchill once said we should never waste a good crisis. That could be a good way to look at what we are enduring now. If you had been thinking about buying a home there may be some...
Renewing Your Mortgage In These Uncertain Times
Anyone who completed the purchase of a home, renewed their mortgage or simply remortgaged for whatever reason likely received a very good rate, historically, and the process was relatively smooth....
How Much Difference Will Extra Payments Make Towards My Mortgage?
Have you ever wondered how much difference extra payments actually make in paying down your mortgage? Let's take a look and maybe do a little math. The first (and largest) factor to look at is the...