How will new Mortgage Rules affect you?

October 31st, 2017
These key factors may impact your Mortgage and mortgage decisions.  Be ready and prepared:
  • The Bank of Canada today held interest rates steady - after 2 previous interest rate increases.  However, they indicated that further interest rate increases are likely to come.
  • In the past week, OSFI (the Office of the Superintendent of Financial Institutions) - who oversee financial regulation at ...

REALTORS Care® Blanket Drive, we need your help!

October 31st, 2017

VANCOUVER, BC — October 30, 2017 — The 23rd annual REALTORS Care® Blanket Drive kicks off November 14. It’s the largest and longest running blanket drive in the Lower Mainland.

Between November 14 and 21, REALTOR® volunteers will collect warm clothing and blankets across the region. The donations are then distributed to partner charities from the same community where the item was donated.

T ...

Federal Gov't Changing Mortgage Rule Jan/18

October 20th, 2017

Canada's banking regulator will move ahead with controversial new mortgage stress-testing rules in an effort to curb risky lending practices at banks, but critics say the changes will drive more borrowers to unregulated alternative lenders and add risk to the financial system more broadly.

The Office of the Superintendent of Financial Institutions (OSFI) unveiled a final draft of new mortgag ...

REBGV Members raised over $47 Million for Charities

October 20th, 2017
Since 2007, the Members of the Real Estate Board of Greater Vancouver have raised over $47 Million for local charities.  I am proud to be an Active member of such a well run and professional organization.