August 2020

As seen on CTV News

Posted on Aug 05, 2020

'Pent up demand' leads to big boost in home sales across B.C.'s Lower Mainland
Home sales across Metro Vancouver and the Fraser Valley reached levels far above what's typically seen in July, according to data released Wednesday morning by two professional associations of realtors who monitor and analyze market trends.
https://bc.ctvnews.ca/pent-up-de...

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Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers

Posted on Aug 03, 2020

The interest rate on Canada’s most popular mortgage, the five-year fixed rate, has fallen to its lowest level in history. In early June, HSBC made headlines when it began offering Canadians a five-year fixed-rate mortgage below 2%. Multiple brokers followed suit, and some are now advertising even lower rates.1 And while many Canadians have rushed t...

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