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Discover the essential steps for first-time homebuyers in Kamloops, BC, as we guide you through the mortgage journey. Get expert tips and insights to make your dream of homeownership a reality. #FirstTimeBuyers #MortgageGuide #Homeownership

Unlock Mortgage Success: This comprehensive guide explores GDS and TDS ratios, the vital metrics that influence your mortgage approval. Learn how to manage your financial health while pursuing homeownership dreams.

When taking out a mortgage, considering life or disability insurance is a smart move. These types of insurance can provide valuable protection for you and your family in case of unexpected events.

The Bank of Canada's latest decision to leave interest rates unchanged in September 2023 can be attributed to several key factors. In my line of work I take a keen interest in economic matters, so in this video I'm hoping to provide insights into why this decision was made.

Buying a home or refinancing? Discover the ins and outs of working with a mortgage broker in this informative blog post. We answer the most common questions, from what a broker does to finding the right one for your needs. Make your homeownership journey smoother and more cost-effective with these essential insights.

In this month's video I discuss the Bank of Canada's decision to increase interest rates in July 2023. The increase was primarily driven by its goals of controlling inflation and maintaining economic stability.

WHAT IS MORTGAGE DEFAULT INSURANCE? Mortgage default insurance, often referred to as CMHC insurance in Canada, is a type of insurance that protects lenders in case the borrower (you) defaults on the mortgage.

Another increase today from the Bank of Canada, BUUUUUT many signals are now telling us this is likely the last increase for some time.

On October 26, 2022 the Bank of Canada announced another 0.5% increase to the overnight rate, and by extension prime rate. This will impact variable rate mortgages, lines of credit, and plenty of other types of lending. Ryan discusses the short term implications, and what's anticipated to follow in the coming months.

A discussion of the latest in a series of rate increases by the BOC. Some things to consider, some reasons (NOT) to panic, and some guidance for those in a variable rate mortgage or HELOC currently.