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Mortgage Renewal – Fixed or Variable Rate and How to Prepare

Mortgage Renewal – Fixed or Variable Rate and How to Prepare

by Derek Hundal | Jul 15, 2024 | Buying a Home

With over half of Canadian mortgages set to renew before the end of 2026, the recent reduction in the Bank of Canada’s key interest rate from 5.0% to 4.75% on June 5th has left many homeowners questioning whether to choose a fixed or variable rate upon renewal....
From Renting to Owning: Your Essential Guide to Buying a Home in a Competitive Market

From Renting to Owning: Your Essential Guide to Buying a Home in a Competitive Market

by Derek Hundal | Apr 27, 2024 | Buying a Home

Transitioning from renting to owning a home can be challenging, especially in a competitive real estate environment with high interest rates and escalating prices. However, with thoughtful planning and an understanding of the key steps involved, this dream can become...
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.