March 2023 | Bank of Canada Rate Announcement
Bank of Canada maintains policy rate, continues quantitative tightening March 8, 2023.
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Keith&Jacqueline
- Feb 16
- 1 min
Before the long weekend...
We want to say a massive THANK YOU to the most incredible clients in the Greater Vancouver Area! The year has had a good start and as we...
30
Keith&Jacqueline
- Feb 14
- 1 min
Banking Regulator Consults Mortgage Rules & Proposes Additions
Qualifying for a mortgage could have stricter rules coming with proposals to limit the number of overstretched borrowers. The proposals...
80
Keith&Jacqueline
- Jan 27
- 1 min
B.C.’s Cooling-Off Period | Home Buyer Rescission Period
B.C.’s Cooling-Off Period Home buyers are now able to back out of a residential purchase within a set period after signing a contract...
180
Keith&Jacqueline
- Jan 25
- 1 min
Amortization Period
The amortization period is the length of time it would take to pay off a mortgage in full, based on regular payments at a certain...
70
Keith&Jacqueline
- Jan 25
- 1 min
January 2023 - Bank of Canada Rate Announcement
Today, the BoC made their first interest rate decision of 2023 by raising its policy rate to 4.50%, an increase of 0.25%. This is the...
140
Keith&Jacqueline
- Jan 24
- 1 min
What's Happening in Vancouver January 27th-29th, 2023
Curious about what's happening in the city this weekend? Here are a few activities and events worth taking note of! 1. Street Food City...
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Keith&Jacqueline
- Jan 21
- 2 min
Avoiding Delays When Remodelling
When remodelling, you have more power than you think and it starts with preparation before you begin hammering. To keep the project fun...
80
Keith&Jacqueline
- Jan 18
- 1 min
Waterfront Mansions Dominate North Shore's Highest Assessments
“The heated driveways, expansive wine cellars and infinity pools are still on the check lists of the North Shore’s most luxurious...
20
Keith&Jacqueline
- Jan 10
- 1 min
Everything You Need to Know About B.C.'s 2023 Homeowner Grant
The provincial government announced the Homeowner Grant will continue to cover 92% of residential properties with "the threshold set at...
20
Keith&Jacqueline
- Jan 10
- 1 min
North Shore Real Estate Sees 'Modest' Assessment Growth
Property assessments for single-family homes on the North Shore were up about 6.6% in 2022, according to the latest provincial data,...
20
Keith&Jacqueline
- Jan 10
- 1 min
Bigger B.C. Tax Credits May Land in Your Bank Account This Month
A family with 2021 net adjusted income of less than $43,051 (or single people who reported less than $36,901) will receive an additional...
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Keith&Jacqueline
- Jan 10
- 1 min
How Much It Costs To Rent a 1-Bedroom Apartment in Metro Vancouver this January
"Increasing rental costs in Canada's priciest market has carried into the new year. Metro Vancouver rental prices for an unfurnished...
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Keith&Jacqueline
- Jan 10
- 1 min
Most & Least Expensive Homes Sold on the North Shore in December
"Check out these detached homes, townhomes and condos sold in North Vancouver and West Vancouver in the past month, from luxury to...
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Keith&Jacqueline
- Jan 2
- 1 min
Canada Housing Market Outlook 2023
Last year’s interest rate hikes cooled down the residential sector coast to coast. It’s expected that cooling will continue, with the...
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Keith&Jacqueline
- Dec 7, 2022
- 1 min
December 2022 - Bank of Canada Rate Announcement
The BoC increased its target overnight rate by 0.50% to 4.25%, the highest it's been since 2008. Today’s rate hike marks the seventh...
40
Keith&Jacqueline
- Nov 23, 2022
- 1 min
Date the Rate & Marry the House
Many of you are wondering: "Is now a good time to buy?" There's this saying in the States that goes, "Date the Rate and Marry the...
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Keith&Jacqueline
- Oct 26, 2022
- 3 min
October 2022 - Bank of Canada Rate Announcement
Today , the BoC increased its target overnight rate by 0.50% to 3.75%. This was lower than the 0.75% increase expected by most. The Bank...
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