Variable-rate mortgages are finally back to prime and it's been a year in the making.
Not coincidentally, we've been coming across more people who are thinking about riding out a variable for the next five years. It's a gutsy call given future rate hike expectations, but some people are willing to take the risk. For those people, it's worth considering a 1-year mortgag ...
New recreation center for Cloverdale moves forward
a 15-million multipurpose complex for Cloverdale is one step closer to reality now thet city council has awarded the contract for its construction. Construction will continue through most of 2010, with the multi-purpose, 60,000-sf.-ft. building at the corner of 176 street and 62a Avenue expected to open late next year or January 2011.
T ...
CMHC hosts Housing Outlook Conference
Canada Mortgage and Housing Corporation (CMHC) is hosting its annual Housing Outlook Conference on Monday, November 9th, running 7:30 am to 12 noon, at the Westin Bayshore Hotel in Vancouver. This event provides housing industry professionals access to timely forecasts and solid analysis on BC�s housing market and is also an excellent networking opportu ...
"BC home sales brightest light in economy"
That's according to the BC Real Estate Association's Housing Forecast for the 3rd quarter of 2009 released on August 27. BCREA forecasts that residential home sales in BC will increase by 15 per cent in 2009 compared to last year and will rise an additional 6 per cent in 2010.
�After 12 months of significant volatility in BC�s housing markets, g ...
For immediate release: September 2, 2009
'MOVE-UP' BUYERS RETURN TO FRASER VALLEY
REAL ESTATE IN AUGUST
(Surrey, BC) - The Fraser Valley Real Estate Board credits 'move-up' buyers and greater affordability for the second best August in its real estate sales history, bolstered by a summer of historically low interest rates. There were 1,786 sales processed in August, an increase of 96 per ...