604homesblog

Beginning January 24, 2011, TD Canada Trust will offer more flexible payment options to eligible mortgage customers.  These new features allow customers to take advantage of amounts they have paid ahead when the unexpected happens.  For example, customers will have the ability to pay a little less for a while or, if they want to, ...

With the decline in the affordability of real estate in Vancouver itself more and more people have been been moving further and further away from their jobs. Now I live in work within no more than a 30 minute drive of anywhere I need to be, but many, if not most, do not. When considering a move further from work be sure to consider the true costs ...

They (the Canadian Real Estate Association) tell me they have made some improvements to realtor.ca. Personally I don't search for real estate there unless I am curious about some area outside of Greater Vancouver. Here is what they had to say about:As a result of two rounds of consumer testing, several enhancements have been made to ...

The Canada Mortgage and Housing Corportation, or CMHC, is now offering another down payment option to Canadian home buyers. This product, called Flex Down, offers buyers a "wider range of sources for their down payment such as borrowed funds and lender cash-back incentives." They advertise this product as having the following ...

I received a mortgage update email from one of my trusty mortgage brokers, Ray Mayer, just now and I thought the advice he gave was quite good and might be of interest to you. So I asked Ray if I could share it with you here and he said "NO! ". Just kidding, he said to go ahead and so with no further ado: While there is no upward ...

Vancouver real esate is a favourite topic for the local papers and today was not different, but remember their primary goal is selling newspapers. Correction: The survey that was quoted as being by CMHC was actually by the Royal Bank, RBC.[Video]

So the September stats from the Real Estate Board came out yesterday and it was great new with prices up 400% and sales up by 1 billion units. Okay, just kidding, the news was bad. Sales were down 42.9 per cent compared to last September. As well 28.8 per cent more homes were listed last month than in September 2007. Prices were down too. As ...

Canada has a new real estate search site and honestly I am not sure if we need one. Canada is VERY lucky to have a place in mls.ca (soon/eventually to disappear) and realtor.ca where you can find virtually every property for sale on the MLS in Canada. There is no equivalent in the U.S. and possibley not any where else in the world. In this US ...

The day started off with some pretty good new in my inbox with an email from RBC letting me know that housing starts were up in August. As I have mentioned before I don't think monthly housing starts are too useful anyways, but up is always better news than down, well not always, but in this case... As we all know the Vancouver real estate ...

  The British Columbia Real Estate Association (BCREA), the Canadian Home Builders’ Association of BC (CHBA BC) and the Urban Development Institute (UDI) today announed the new "Presale Cross Reference List" to help consumers with understanding the risks, and opportunities, involved in buying real estate at pre-sale."Over ...