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Mortgage Rates News

Posted on Nov 12, 2020

Five-year fixed mortgage rates could be set to increase as early as this week for the first time since COVID-19 led to a 100-basis-point decline, according to multiple Canadian brokers who say lenders have warned them of the potential hikes.Five-year fixed rates are correlated with th...

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November Market Update

Posted on Nov 05, 2020

October was yet another exceptional month in the Fraser Valley region! Sales are up year over year and benchmark prices for single family homes, townhouses and condos are all up with an increase of 9.9% on detached homes in the Fraser Valley over October 2019.  

The November edition of my newsletter includes: 
  • Fraser Valley Home Sales Stats for Octobe...

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Posted on Oct 20, 2020

A new design mistake coming at you, but it’s complicated so to really understand it we created a formula. Here’s what happens: you have this one piece of art and you put it on a wall, and you h...

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October Market Update

Posted on Oct 09, 2020


Fall has arrived! 

September was a RECORD-BREAKING month for sales for the Fraser Valley Real Estate board! We are seeing a resurgence of multiple offers in some cases and the demand for single family homes is up along with benchmark prices across the Fraser Valley region. The condo market has taken a dip which was a trend we were seeing even before...

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Home Prices to Drop

Posted on Sep 24, 2020

Home prices to drop, new report predicts — and even Toronto and Vancouver won't be immune

Moody's predicts prices for all housing types to fall more than 7 per cent

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CMHC to Get New Name, Maybe 'Housing Canada'

Posted on Sep 22, 2020

By: Steve HueblWhat’s in a name? Well, in the case of the Canada Housing and Mortgage Corporation, “mortgage” likely won’t for much longer.The housing agency announced last week that it will be undergoing a rebranding in the coming months to better reflect its mandate. CEO Evan Siddall says the current name overemphasizes homeownership financing an...

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