Latest News Arman Sandhu 8 Mar
The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months. The central bank is widely expected to continue holding its key interest rate at five per cent on Wednesday, as many forecasters anticipate the […]
Read MoreMortgage Tips Arman Sandhu 1 Mar
“New Year, new you” may be a cliché but it is for a reason! The New Year always has us thinking about where we are now, and where we want to end up. When it comes to your personal goals, a review of your finances and estate should be at the top of your list. […]
Read MoreMortgage Tips Arman Sandhu 23 Feb
Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Depending on your choice of amortization period, it will affect how quickly you become mortgage-free as well as how much interest you pay over the lifetime of your mortgage (a longer lifetime equals more interest, whereas a […]
Read MoreLatest News Arman Sandhu 16 Feb
VANCOUVER — The BC Real Estate Association says there was a nearly 30 per cent increase in home sales last month compared with January 2023, while prices were also up. The association says 3,979 sales were completed last month, for an average price of $957,909, a more than 10-per-cent jump from the year before. Association […]
Read MoreMortgage Tips Arman Sandhu 12 Feb
Are you thinking about co-signing on a loan? If you’re looking to help out a family member or loved one, this is a great way to do that as a co-signer can help overcome stress testing and borrowing limits. However, it is important to be aware of the implications when co-signing on any loan. Credit […]
Read MoreGeneral Arman Sandhu 2 Feb
Financial independence is a critical skill for future success that your children will not learn anywhere else. Not only does financial literacy help your children have more success in life, but it allows them to move out sooner and it avoids delaying your retirement with additional expenses to support them. So, how do you teach […]
Read MoreLatest News Arman Sandhu 26 Jan
Economists predict cuts later in 2024, but could be higher than pre-pandemic …….. Tiff Macklem is leaving the Bank of Canada’s influential interest rate at 5% for the time being. (Adrian Wyld/The Canadian Press) The Bank of Canada has announced its key overnight interest rate will remain at five per cent, keeping its benchmark the […]
Read MoreMortgage Tips Arman Sandhu 22 Jan
Get to know the important basics before you choose your mortgage. You have to be sure you select what is most important to you – lower rates or flexibility. Before you choose a mortgage, take some time to study mortgage types: Closed Mortgage: If you want consistency with respect to rates and the length of your […]
Read MoreGeneral Arman Sandhu 15 Jan
As we enter the New Year, it’s always fun to reflect on the previous twelve months and take a look at what is trending as we move forward. If you’re unfamiliar with the Pantone of the Year, it is more than just a colour to paint your walls. Since 2000, the Pantone Colour Institute has […]
Read MoreMortgage Tips Arman Sandhu 5 Jan
Get a Better Rate Are you aware that when you receive notice that your mortgage is coming up for renewal, this is the best time to shop around for a more favorable interest rate? At renewal time, it is easy to shop around or switch lenders for a preferable interest rate as it doesn’t break […]
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