Mortgage Toolbox Calculator

General Trish Pigott 12 Oct

Part of trying to be the best team we can for our clients is staying aware of what questions can we easily answer and help with. The biggest topic we see searched is for mortgage calculators. We have an app that can help with that! The My Mortgage Toolbox application was designed to make it simple […]

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Is Your Mortgage Portable?

Mortgage Tips Trish Pigott 6 Oct

Selling your current home and moving into a new one can be stressful enough, let alone worrying about your current mortgage and whether you’re able to carry it over to your new home. Porting enables you to move to another property without having to lose your existing interest rate, mortgage balance and term. And, better […]

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Mortgages On Leasehold Property

General Trish Pigott 5 Oct

Have you been considering purchasing a home on a leasehold property? Living in Vancouver the market can be expensive, this is an option to owning with a smaller purchase price. There are drawbacks to this route. Like anything its always good to read the fine print. A leasehold property means that the owner owns the […]

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Subject Free Offers and Risks

General Trish Pigott 1 Oct

With multiple offers and bidding wars now the new norm, our clients find themselves, in the heat of the experience, contemplating a subject-free offer.   Most of our clients are totally qualified. They have well established careers and businesses, amazing credit ratings, large down payment funds, etc. They are the type of clients who will […]

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Looking Beyond Mortgage Rates

General Trish Pigott 28 Sep

It’s easy to get caught up in the idea that comparing mortgage rates will guarantee your dollar is stretched further. While this may be true for particular situations, there are many scenarios where this strategy is not effective. Following are three reasons why it doesn’t always pay to make a decision based solely on rates. […]

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Rate Update September 2021 – Large Banks Lowering Rates

Latest News Trish Pigott 23 Sep

There have been some exciting moves in the mortgage rate news since the BoC announcement earlier this month. Below is an excerpt from Canadian Mortgage News about the recent changes. Six Big banks have lowered their 5-year fixed mortgage rate over the last couple weeks. The banks dropped their uninsured 5-year fixed rate by 25 […]

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True or False – 6 Mortgage Misconceptions

General Trish Pigott 22 Sep

Misconception No. 1: Your interest rate reflects the true cost of your mortgage. Your annual percentage rate (APR) is actually the figure that represents the true cost of your mortgage. It is inclusive of your interest rate, points, mortgage insurance (when applicable) and other fees, including mortgage default insurance and lender fees. It does not […]

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Sergeants Golf Tournament – First Responders Program

General Trish Pigott 21 Sep

This past Monday we were seen sponsoring a hole for the Vancouver Police Department Sergeant’s Golf Tournament hosted at the Pitt Meadows Golf Club. The day was a great day for golfing as well as getting to meet some of the sergeants. We had a couple of fun games set up at hole number one […]

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Deposit Loans and Down Payments

Mortgage Tips Trish Pigott 17 Sep

Coming up with a down payment to buy a home purchase can be difficult. But a down payment is an integral part of securing a mortgage. Today Canadians have to come up with at least 5% down when applying for a mortgage. If saving up for this kind of money proves to be a challenge […]

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September Breaking News Bank of Canada Announcement

General Trish Pigott 8 Sep

The Bank of Canada released the September 2021 rate announcement this morning. We have put the statement from BoC below. The Bank of Canada has kept its key interest rate target steady at 0.25% as expected in its latest rate announcement, noting rising cases of COVID-19 in many regions as a risk despite the continuing […]

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