Blog

I keep my blog updated regularly so check back often for the latest.
The Benefits of Consulting a Mortgage Broker

The Benefits of Consulting a Mortgage Broker

Navigating the real estate and mortgage processes with the help of an expert mortgage broker can help set your mind at ease when making one of the largest financial decisions of your life.Mortgage brokers negotiate with lenders on behalf of borrowers daily, so they...

read more
How Can I Pay Down My Mortgage Faster?

How Can I Pay Down My Mortgage Faster?

Although getting a mortgage is exciting as it allows you to become a homeowner, a mortgage is, in fact, a lot of debt. So if you have a mortgage, your goal should be to get rid of it as quickly as possible. Here are four things you can do to help pay off your mortgage...

read more
Bank of Canada Rate Announcement April 24th, 2019

Bank of Canada Rate Announcement April 24th, 2019

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast in its January Monetary Policy...

read more
In the Middle of a 10 Year Term? You Have Options!

In the Middle of a 10 Year Term? You Have Options!

If you bought a house, or had a mortgage renew roughly five years ago, there's a chance the struggling economy and the relatively low interest rate environment (at the time) influenced you to "play it safe" and lock in a mortgage term for the next ten years. Because,...

read more
Tips for Homebuying with Family Members

Tips for Homebuying with Family Members

Pooling resources with parents or siblings opens possibilities when it comes to buying a home everyone can afford. Homebuying requires careful planning though, since there’s so much at stake—and money is the least of it; we’re talking love and loyalty here. If you...

read more
Can I Give Someone The Downpayment to Buy My House?

Can I Give Someone The Downpayment to Buy My House?

Although it might not always be this straightforward, the question "Can I give someone the downpayment to buy my house?" presents itself in many different ways. And the answer to all of them is no, well... except in one circumstance, but we will get to that later....

read more
Mortgages – So Much More Than Just the Lowest Rate!

Mortgages – So Much More Than Just the Lowest Rate!

There aren't too many Canadians who are able to save up enough money to pay cash for their home. This is why we have mortgages. A mortgage is a loan made to assist a borrower to purchase a property. The property is held as collateral and interest is charged on the...

read more

Bank of Canada Rate Announcement Mar 1st, 2017

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. CPI inflation rose to 2.1 per cent in January, reflecting higher energy...

read more

Just How Big is the Canadian Mortgage Market Really?

With all the government changes happening in the mortgage market right now, the good people over at Mortgage Professionals Canada via their online publication Canadian Mortgage Trends just published an interesting couple of articles on their blog. Most recently "How...

read more

A Bigger Downpayment Doesn’t Always Mean a Lower Rate!

If you've been following the financial news in Canada lately (or if you read the blog here regularly), you will know that a lot is changing in the world of mortgage financing. Most recently, the Canadian Mortgage and Housing Corporation (CMHC) announced an increase in...

read more

Update Feb 2017: Mortgages, Real Estate and Politics!!!

Happy 2017 Everyone! Wow!! Where did January go? Just like that it is almost Spring in Vancouver! (Although, I hear we might have a bit more Winter/Snow coming this weekend). I am reaching out with an update on the many changes/announcements in the mortgage industry...

read more

RRSP Basics: Questions Answered

Guest post by Randy Cass, Welcome to RRSP season, otherwise known as the one time of year you’ll willingly read an article with RRSP in the title. It’s not a traditionally exciting topic, we get it, but it’s an important one. A little planning now will pay off big...

read more

Bank of Canada Rate Announcement Jan 18th, 2017

Looks like 2017 begins the same way 2016 ended, with the Bank of Canada announcing that it has maintained its target for the overnight rate at 1/2 percent. While the Bank Rate is correspondingly 3/4 of a percent, with the deposit rate holding steady at 1/4 percent as...

read more

CMHC to Increase Mortgage Insurance Premiums in March 2017

The Canadian Mortgage and Housing Corporation announced this morning that they will be increasing mortgage insurance premiums on March 17th 2017. They were quick to outline that the changes would only amount to roughly a $5 increase per month for borrowers. Which was...

read more

Increased Home Owner Grant Threshold in 2017

The Government of British Columbia just released news that they have increased the home owner grant threshold from $1.2M to $1.6M, a 33% increase over last year. The goal is to help keep property taxes affordable, this recent move will help ensure all those who...

read more

Clarity, Ownership, and Structure in 2017.

Over the last three years, Canadian financial blogger Sandi Martin from Spring Personal Finance has released a series of posts with her dreams for her clients in each 2015, 2016, and now 2017. It started with finding clarity, then taking ownership, and now the series...

read more

New Mortgage Stress Test Explainer Video

As you may well know, the Canadian government has recently made some changes to how Canadians qualify for insured mortgages. They have instituted what is being called a “stress test” for your mortgage. Here is a good explainer video that does an excellent job of...

read more

Bank of Canada Rate Announcement Dec 7th, 2016

No big shocker here, in the final rate announcement of 2016, just as every economist in the country predicted, the Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per...

read more

2016 Year End Tax Tips

As financial literacy month winds down, now is a great time to review your personal finances and take advantage of any tax planning opportunities that are available to you (before the December 31st deadline). Here are some tax tips you might want to consider to help...

read more

Let’s Talk Housing!

The Canadian government just released its housing strategy plan, called "What We Heard, Shaping Canada's National Housing Strategy". It has been included below in all its 66 page glory, but first here are some of the highlights. Helping those in greatest need. It is...

read more

Are Rates Finally Going Up?

Well, after many years of unprecedented low interest rates in Canada, it appears the Canadian government by way of rule changes, and the American government by way of Trump, are impacting mortgage rates. Simply put, the Canadian government has recently made it more...

read more

When Prime Rates Differ?

Although the recent changes to mortgage qualification introduced by the government were intended to create stability in the Canadian housing market, the unintended consequences might have been to make the waters a little muddier. For the first time, it looks like...

read more

I Love North Vancouver Real Estate Podcast

I’m excited to share my podcast I Love North Vancouver Real Estate with you on my Ask Marci Blog. Here is the last episode from October. Episode 9: Looking for a Slower- Paced Lifestyle with Access to the City? Ria Quershi Shares Why the Sunshine Coast is Your Answer!...

read more

A More Human Approach to Productivity

https://youtu.be/REFh5TMOoS0 Chris Bailey from A Life of Productivity was recently asked to give a presentation at TEDxLiverpool, here it is in all it's YouTube glory!  Chris has been obsessed with the subject of productivity for more than a decade. In this talk, he...

read more

Bank of Canada Rate Announcement Oct 19th, 2016

With all the recent government activity meant to bring stability to the Canadian housing market (read cool down Vancouver and Toronto), its no surprise that the bank of Canada has decided against making any drastic changes to the overnight rate in their announcement...

read more

I Love North Vancouver Real Estate Podcast

I’m excited to share my podcast I Love North Vancouver Real Estate with you on my Ask Marci Blog. Here are the episodes from the month of September. Episode 5: North Vancouver's Traffic is a Mess! MLA Jane Thornthwaite Shares the Province's Plans to Fix it!   Episode...

read more

What’s All This Mortgage Talk in the Media this Week?

Good Afternoon, For the past few days you may have heard discussions and reports about mortgages in the media! This week the Federal Minister of Finance announced some sweeping changes to Mortgage Regulations in Canada. These changes are significant and will no doubt...

read more

What is Mortgage Fraud?

Have you ever wondered about how to protect yourself from mortgage fraud? Although the chances of you becoming a victim of mortgage fraud is relatively small, if you do become a victim, it will certainly have a long lasting negative impact on your life. So best to be...

read more

Creating Stability in the Canadian Housing Market

This morning, Finance Minister Bill Morneau announced new housing measures, changes meant to alleviate risk in Canada's current housing market. The measures include: Standardizing lending criteria for high- and low-ratio mortgages, including a mortgage stress test...

read more

Further Tightening of the Mortgage Belt

Before reading this you should be warned that the following content is pretty dry... like eating 8 saltine crackers without drinking water dry. If you need to go and get something to drink before proceeding, no worries, we will wait here. Take your time.  The quick...

read more

Use Low Rates to Your Advantage!

In an article I recently published called "Is Now a Good Time to Buy?" we identified that interest rates are at all time Canadian lows and as it's never been cheaper to borrow money, now is a good time to buy property. In no way was it being said that "because...

read more

Is Now a Good Time to Buy?

If you're getting tired of all the media headlines claiming impending housing market and economic doom and gloom, you're not alone. It seems every time you browse the news another US economist is predicting terrible things for Canada. Articles like this one,...

read more

Bank of Canada Rate Announcement Sept 7th, 2016

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global growth in the first half of 2016 was slower than the Bank had...

read more

I Love North Vancouver Real Estate Podcast

I'm excited to share with you a new podcast I am doing that focuses on Real Estate in North Vancouver. I have a separate site setup here: I Love North Vancouver Real Estate (aptly named), so you can always stay current there, however I will also be publishing a...

read more

Finding Money For Closing Costs!

If you are planning on purchasing a property in the next couple of years, here is a really good video that will explain how you can find some extra money to put away into savings without impacting...

read more

10 Tested, Proven Ways to Become Less Productive

Let’s face it: while there is an abundance of articles on how to become more productive, there aren’t a lot on becoming less productive. With that in mind, I decided to put this article together. While it’s helpful to focus on how to get more done every day, it can...

read more

Saving for a Downpayment? Some Advice Along the Way!

If you are looking to purchase a property in the next while, you probably already know that you need at least 5% of the purchase price as a downpayment. Saving a bigger downpayment, let's say 10%, certainly increases your chances of securing financing. While having a...

read more

How To Save $1 Million For Retirement

Starting to save early for retirement is extremely beneficial in the long run, especially if you have the dream of retiring with $1 million as so many Canadians do. It’s not an easy feat, but for most Canadians, retiring with $1 million is a realistic goal. You most...

read more

Negative-Yield Bonds – Pay to Save?

There is a good chance that if you skimmed the news headlines this last week, you passed right on over a piece called CIBC sells negative-yield bonds for 1st time. No one blames you, because let's face it, stories about the Canadian bond market don't really scream...

read more

House Hacks: How to Make Small Spaces, Big

In 2016, the tiny house/small living space movement is in full swing. Individuals are choosing to live with less: less stuff, less square footage, less of a footprint. However, as these small living spaces become more of the “norm”, the people who inhabit them are...

read more

How (Not) to Consolidate Debt

By Sandi Martin of Spring Personal Finance.The point: it doesn’t matter what method you use to pay off debt, or if you use any method at all. What matters is that you stop creating new debt.It’s out there: the mathematically precise, strictly rational formula for...

read more

Bank of Canada Rate Announcement July 13th, 2016

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Inflation in Canada is on track to return to 2 per cent in 2017 as the...

read more

Welcome to Canada | Finding a Home

 Welcome!We're so glad you decided to make Canada your new home. It can be rewarding, and sometimes challenging to find a place to live that's comfortable, safe, and affordable.CMHC is here to help! Consider these...

read more

More Oversight for Mortgages in Canada?

Although no firm changes have been announced regarding mortgage regulations, it looks like this might be the beginning of something. The following is correspondence shared by Mortgage Professionals Canada by email to the mortgage industry, it has been shared here for...

read more

4 DIY Solutions for Your Bathroom Space

All of us are looking for ways to make our living spaces more efficient whilst keeping the style intact; and certainly the bathroom space is no exception. The question becomes, “How do I do this without spending a small fortune on renovations and upgrades?” The answer...

read more

Is There a “Housing Bubble” in Canada?

Since at least 2008, there have been repeated bursts of commentary that there is a housing bubble in Canada. Those comments have generally assumed that rapid growth in house prices (or a rising ratio of house prices versus incomes or of house prices versus rents) is...

read more

If You’ve Ever Tried and Failed at Budgeting

This article was written by Sandi Martin from Spring Personal Finance and was originally published on Spring the Blog July 21st 2015, but it was so good we wanted to share it on our blog as well! If you've ever tried and failed at budgeting, or if you've never tried...

read more

Bank of Canada Rate Announcement May 25th, 2016

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.The global economy is evolving largely as the Bank projected in its April...

read more

CMHC Housing Starts Report | May 2016

It's been said that talking about the Canadian Housing Market is like talking about the weather in Canada. "How's the weather in Canada today"? seems like a rather odd question, it all depends where you are! Similarly, the Canadian Mortgage and Housing Corporation...

read more

Mortgage Costs About to Rise

Non-bank lenders rely heavily on securitization (selling mortgages to investors to raise money). They then lend that money out to new borrowers. This July, that’s about to get a whole lot more complicated…and costly.Big changes are afoot in the mortgage business, and...

read more

FICOM Consumer Alert May 2016

Attempts to sell your own property online may be targeted by unlicensed operators The Office of the Superintendent of Real Estate is warning homeowners who advertise their own properties for sale online that they may be approached and offered real estate services by...

read more

Urban “Off the Grid”: An Introduction

You're on "the grid"Every few weeks, we open our mailboxes (or our email inboxes) with bated breath. Inevitably, we find another heap of utility bills, waiting to separate us from our hard earned dollars. This is not unusual; this is simply part of life for most...

read more

The Importance of Disability Insurance

It took a journey back into the archives to find this little beauty of a video by Canadian finance expert Preet Banerjee. Before giving Ted Talks, or appearing regularly on CBC Marketplace, or any of the other countless...

read more

Go Ahead, Spend Your Tax Refund

This article was written by Sandi Martin from Spring Personal Finance and was originally published here on March 29th 2016.Ah, spring. The time of year when flowers bloom, birds sing, and the entire internet starts yelling at you for getting a tax refund or - even...

read more

Bank of Canada Rate Announcement April 13th, 2016

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Growth in the global economy is expected to strengthen gradually from about...

read more

First Time Home-Buyers’ Tax Credit

Everything You Need to Know!Have you heard about a First Time Home Buyers Tax Credit, but aren't sure what it is or if you qualify? You are in the right place!The Government of Canada recently published this video on their website to explain the First Time...

read more

Questions and Answers | Smart Home Series

Welcome to the third and final post in a series about smart homes and technology. In case you want to start at the beginning, you can find the introduction here, while we went room to room in the second post. Now, this post WAS going to focus on new gadgets, fresh off...

read more

The Smart Home: Room By Room | Smart Home Series

Last week on the blog we talked about smart technology, this week we go through the home. Next week we finish the series with a question and answer period that will help you decide which smart technology is right for you! Varied, intricate but certainly user friendly,...

read more

Bank of Canada Rate Announcement March 9th, 2016

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.The global economy is progressing largely as the Bank anticipated in its...

read more

4 Reasons Why Vinyl is a Must For Any Home Theatre System

After decades of being hidden away in second hand stores, basements and crawl spaces, vinyl, in all its nostalgic glory, is back! Store shelves are being stocked with records (both the oldies as well as the new stuff); and the internet is abuzz with old school “LP”...

read more

5 of Vancouver’s Most Popular Winter Activities

Skiing & Snowboarding (Not Included)Do you live in or near Vancouver? Are you an outdoors lover, minus the whole skiing and snowboarding thing? Are you wondering how to spend your free time during the long, dreary winter months? Well, wonder no longer! The...

read more

BC Budget 2016 | Improving Housing Affordability

For Immediate Release: Backgrounder Feb 16, 2016. BC Balanced Budget 2016.New Measures Aim To Improve Housing AffordabilityNewly built homes priced up to $750,000 will be fully exempt from the property transfer tax when bought by Canadian citizens or permanent...

read more

Printing Imagination (and Homes!)

A child’s imagination is certainly something to behold. From pillow forts that double as outlying starbases, to walks in the forest that double as adventures travelling up and over the world’s tallest peaks, this gift that children possess- that of finding joy (not to...

read more

Don’t Get Squished: How To Survive The Sandwich Years

This article was written by Randy Cass of Nest Wealth and was originally published on January 15th, 2016. Your 40s and 50s bring a new, different kind of financial challenge. In your 20s and 30s, you probably struggled with the question of how to make enough money....

read more

A List on Cool Stuff for Kids

If you have kids, you already know they play. Everywhere. All the time. So here are some great ideas for their bedrooms, playrooms, backyards, and anywhere else they are able to have fun, so you can possibly (not likely) contain them to a specific area in your house....

read more

Bank of Canada Rate Announcement Jan 20th, 2016

Amidst much speculation, the Bank of Canada announced today that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. It appears 2016 is picking up where 2015 left off,...

read more

The Purpose of Property Assessments [Video]

Have you ever wondered why we pay property taxes or how "they" decide who pays what? This video by BC Assessment explains the purpose of property taxes, and how they benefit everyone! Enjoy! Transcript: This is Milltown a...

read more

BC Property Assessment by Region [Video]

This is the 2016 British Columbia property assessment overview. Prepared for you by us, BC Assessment, your trusted go-to source for property information. 2016 property assessments are based on property values as of July...

read more

BC Home Owner Grant Threshold Increases in 2016

British Columbians who own homes valued up to $1.2 million may be eligible to receive a full home owner grant this year, while a partial grant may be available if the home is valued above this threshold. The home owner grant provides modest property tax relief to...

read more

What Will You Accomplish in 2016?

Goodbye 2015. Hello 2016! The start of a new calendar year is an excellent time to reflect on the year that was, and to set goals for the year ahead. Have you spent any time sorting what you would like to accomplish in 2016? On most "New Year Resolutions Lists" you...

read more

Happy Holidays 2015

As this year draws to a close and holiday mode is in full swing, I just wanted to wish you the best holidays ever and an even happier new year! Thanks to all my clients and associates for making 2015 a great year! Just a quick heads up that this will be the last...

read more

Be More Productive with the Rule of 3

This article was originally published on LinkedIn by Chris Bailey on Oct 28th 2015. Chris is a self-proclaimed Jedi Master at A Life of Productivity where he blogs about being productive. For Some Strange Reason, Our Brain is Wired to Think in Threes. As kids, we grow...

read more

A List on Garages

As families grow and the limits of space are reached in the home, the garage is no longer just a comfortable place to park the car in the winter... it becomes quite the multipurpose room (which is code for storage locker for stuff you don't really use but don't want...

read more

Breaking: New Minimum Downpayment Rules

Finance Minister Bill Morneau, announced in a press conference this morning that the Canadian government is making changes to the minimum downpayment in order to "encourage stability in the Canadian housing market." The federal government has just announced that they...

read more

The Budgeting Resource Everyone Has (And Nobody Uses)

This article was written by Sandi Martin of Spring Personal Finance and was originally published here on Spring The Blog on Oct. 27th 2015. Does This Sound Familiar? You’ve read a book or a blog series or watched a show about budgeting and getting your money under...

read more

Bank of Canada Rate Announcement Dec 2nd, 2015

Ending The Year on a Quiet Note The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. As we come to the final Bank of Canada rate...

read more

2015 CMHC First-Time Homebuyers Survey [Infographic]

For many Canadians, buying their first home is the single, largest purchase they will ever make. CMHC’s First-Time Homebuyers Survey provides valuable information about this group with insights into their buying behaviours and preferences. In April 2015, CMHC...

read more

Man Caves vs She Sheds

If you talk to any REALTOR®, they will confirm that in couples looking to find their "forever home" there has been a recent surge in demand for a space dedicated as a man cave. It could be the basement (the darker the better) or it could be in a garage, regardless,...

read more

CMHC Housing Market Assessment | Q4 Report

Talking about the "Canadian Housing Market" can be a lot like asking the question "What's the weather like in Canada today?" This is because like the weather, housing markets are very local. It can be sunny and plus 21 in one city and 100 kms away it can be minus 8...

read more

Bank of Canada Rate Announcement Oct 21st, 2015

It's Business As Usual The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. The last couple of days have provided a lot for...

read more

What a Liberal Majority Means for the Mortgage Market

This article was originally published on Canadian Mortgage Trends, a publication of the Canadian Association of Accredited Mortgage Professionals (CAAMP) on October 20th 2015. The Liberal Effect The Liberals’ new majority gives them all the power they need to...

read more

Happy Thanksgiving 2015

It's Friday and the long weekend is almost here! Happy Canadian Thanksgiving! Now, if you have been thinking about ditching the turkey this year, but are still on the fence, here is a list of "Turkey Alternatives" you should consider, brought to you by Gordon Ramsay...

read more

A List On Living Off Grid

If the great BC power outage of 2015 taught us anything, it was that anything can happen at any time. Final tallies estimate power was lost to over 500,000 homes and businesses across BC, with some outages lasting several days. This had a lot of people taking a good...

read more

Have You Considered Going Tankless?

If you are looking for ways to be more responsible with energy costs around your home (and save a little money in the process), considering a tankless water heater is probably already on your radar. But is it really worth...

read more

Bank of Canada Rate Announcement Sept 9th, 2015

No rate changes today! The Bank of Canada announced today that it will be maintaining it's target for the overnight rate at 3/4 per cent while the deposit rate will remain at 1/4 per cent. This news comes as no real surprise. According to a recent Reuters Poll, of 40...

read more

A List on Productivity

Let's face it, everyone could use a little more time in the day. Between work, play, kids, family, vacations, saving money, keeping up the yard, and thinking of creative ways to become mortgage free faster... who has time to binge watch new seasons on Netflix? (But my...

read more

Call Me BEFORE Listing Your Home!

You Know What They Say About Assumptions! If you are thinking about selling your existing property and financing a new one, you should really consider contacting me BEFORE you list your current property. No, I'm not a Real Estate Agent, and I don't want to list your...

read more

Introducing the Tesla Powerwall

A Battery Designed to Power Your Home If you haven't heard of the Tesla Powerwall yet, but your initial thoughts are that it sounds like something out of a comic book, you might not be that far off. Tesla's founder Elon Musk might actually be a real life Avenger (you...

read more

50 Tips For Starting Your Own Company!

Starting a new business can be a lot of fun. It can also be a lot of work. A LOT OF WORK. Entrepreneurship Magazine published an article that shares 50 tips for starting your new business. Some of them are no-brainers while...

read more

A List on Home Offices

So... let's talk about your home office! Obviously it's best to have a room dedicated as an office to ensure you have an escape from the rest of the house, but that's not always possible! Regardless of the space you have to work with, it's more about what you do with...

read more

Pay Down Your Mortgage Faster

Here is the 3rd video in a short series by Mortgage Architects. You can watch the other 2 videos here: Why use a mortgage broker? & Buying a home in 5 easy steps! If you have any questions about how to pay down your mortgage faster or really anything mortgage...

read more

A List on Incredible Kitchen Design

Nice Kitchens Make a Huge Difference! According to people who know stuff, there are two things that are absolutely true about kitchens. Firstly, the kitchen is the heart of the home and secondly, the kitchen is where you do most of the cooking in your house. And as...

read more

Double Income Families Driving Housing Market

No doubt you have thought about the affordability of the current Canadian housing market. And chances are you have even thought about where houses prices will go in the future! Maybe you have parents that tell you stories of a different time when they bought their...

read more

Did You Just Get Robbed By Your Bank?

The Big Banks Are at it Again! Yesterday the Bank of Canada announced it was cutting the overnight rate by .25%. to 1/2 per cent. Normally when the overnight rate is lowered, banks follow suit and drop their prime rate accordingly. However this past January, when the...

read more

Bank of Canada Rate Announcement July 15th, 2015

The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. “Not only are the headwinds of the...

read more

Are You Prepared for a Forest Fire?

At the last count there were 171 active forest fires in BC. As I have clients all across this beautiful province, I thought it would be good to share some information about being ready in case your home is threatened by...

read more

The Blog Archives. 

Let's Talk

MARCI DEANE | MORTGAGE PROFESSIONAL

The first step is to start a conversation with me.

Complete the form below, and I'll get in touch asap! 


Pin It on Pinterest