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Team RRP
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Here's a historical comparison of 5-year mortgage rates, 5-year bond yields and the prime rate since 1981!
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ICYMI, @mbabc announced that they will be supporting “BC Home Owner Mortgage and Equity Partnership Program”
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The end of the year is a great time to review your finances. Learn more: http://ow.ly/zHFq306UrjS http://ow.ly/XITK306ULD1
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Foreign ownership plays only a minor role in the record-breaking price increases in the country’s three hottest real estate markets, but massive gaps in data still need to be addressed if Canadian governments are to mount an effective strategy against the home affordability crisis. Read more: http://ow.ly/9QO4306RV3L
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The BC Government has just announced a new program that will help first-time homebuyers with loans up to $37,500 interest-free for the first 5 years. Read more: http://ow.ly/Bq1p307aqq2
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From our family to yours, Happy Holidays!
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Prior to Nov 30, mortgages were either conventional or high-ratio. Now we have two new mortgage categories; Insurable and Un-Insurable. Read more in our December market update: http://ow.ly/zr0F3075TGC
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