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Government listens to Real Estate Board on HST

The BC Government has announced that it will exclude new homes costing up to $525,000 from its proposed 12 per cent Harmonized Sales Tax (HST) scheduled to take effect July 1, 2010.

The government has also increased the rebate of the provincial portion of the HST paid on a new home to a maximum of $26,250.

This repres ...

New 3-year ARM Special Offer

Effective 11:59pm ET November 16, 2009 (9pm Pacific)

Rate: Prime -.25% is now 2.00%

Rate hold: Max 30 days

Details:

- Available for:

- Purchases up to 95% LTV

- Refinances up to 90% LTV

- Fully Qualifying applicants only.

- Owner occupied single family dwellings.

- Minimum Beaco ...