Mortgage News

Benefits on Working with Realtors in Vancouver 

Posted on Mar 23, 2023 in Mortgage News

The Benefits of Working with Adam Chahl and the PLACE Real Estate Team in Vancouver


If you're in the market to buy or sell a home in Vancouver, working with a reputable real estate agent can make all the difference. And there's no better agent to work with than Adam Chahl and the PLACE Real Estate Team at Oakwyn Realty. Here are some benefits of wor...

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The Ins and Outs of Vancouver's Real Estate Market

Posted on Mar 22, 2023 in Mortgage News

Why Vancouver MLS Listings is a Great Resource for Home Buyers


When you're in the market for a new home in Vancouver, one of the best resources you can use is the Vancouver MLS listings. The MLS, or Multiple Listing Service, is a database of properties for sale in the Vancouver area, and it's used by real estate agents and brokers to find and sell h...

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Fraud Awareness Month in the Mortgage Industry

Posted on Mar 07, 2023 in Mortgage News

Fraud Awareness Month


Did you know? March is fraud awareness month in the mortgage industry, which makes this is a great time to talk about title insurance!

As our insurance experts, FCT is a leading provider of title insurance and has some helpful information for you:

For those who don’t know, title fraud can impact both homebuyers and homeowners. S...

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Greater Vancouver Real Estate Inflation Update - January 2023 

Posted on Feb 21, 2023 in Mortgage News

Canadian Inflation (January 2023) 


Canadian prices, as measured by the Consumer Price Index (CPI), rose 5.9 percent on a year-over-year basis in January, a decrease from the 6.3 percent rate in December. Slower appreciation in prices of cellular services and passenger vehicles contributed to slowing the overall pace of price appreciation. Rising inte...

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The Bank of Canada Hiked Rates The Full 50 bps

Posted on Dec 07, 2022 in Mortgage News

The Bank of Canada Hiked Rates The Full 50 bpsThe Governing Council of the Bank of Canada raised its target for the overnight policy rate by 50 basis points today to 4.25% and signalled that the Council would "consider whether the policy interest rate needs to rise further to bring supply and demand back into balance and return inflation to target." This is more dovish language than in earlier...

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The Bank of Canada Slowed the Pace of Monetary Tightening

Posted on Oct 28, 2022 in Mortgage News

Rising Mortgage Rates - Vancouver Real Estate MLS ListingsThe Governing Council of the Bank of Canada raised its target for the overnight policy rate by 50 basis points today to 3.75% and signalled that the policy rate would rise further. The Bank is also continuing its policy of quantitative tightening (QT), reducing its holdings of Government of Canada bonds, which puts additional upward pressure on lon...

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