In this blog, we will explore early mortgage renewal, provide practical mortgage renewal tips, and delve into understanding mortgage renewal rates in British Columbia. Our goal is to equip you with knowledge and tools to confidently navigate your mortgage renewal journey.

In this blog, we’ll dive into the nitty-gritty of prepayment penalties and provide you with the knowledge and tools to navigate them smarter. From understanding the different types of prepayment penalties for breaking a mortgage to learning how to negotiate with your lender, we’ll cover everything you need to know to make an informed decision about your loans.

As of 1 January 2023, Canada bans foreign home buyers, a move aimed at curbing unproductive foreign ownership and bringing down housing prices across the nation.

The foreign buyer prohibition, which is supposed to expire in 2025, has been met with mixed reactions from people across the country as some favour the move, and of course, others oppose it. This is just one of several housing policies adopted by the government, including a 10-year national housing strategy and new investments for low-income Canadians.

Despite high real estate prices, ineffective regulation, and a lack of unbiased info, Canada continues to attract a large volume of real estate deals even following the Covid-19 pandemic. But with so many buyers investing in a wide range of residential, commercial and industrial properties, can Canadian non-residents get a piece of the pie too? In today’s blog we’ll discuss what mortgage options non-resident buyers have in BC’s current housing market.

If you are a homeowner in British Columbia, Canada, and are experiencing mortgage arrears, you may be wondering about your options. Mortgage arrears refers to an unpaid debt on a loan that has been secured by a property. In the case of mortgages, this means that if you cannot make the payments on your home loan, the lender can foreclosure and apply for an order for sale.