FIRST-TIME HOMEBUYERS WILL BE SQUEEZED BY NEW MORTGAGE RULES
A first-time homebuyer could need to earn as much as $500 more a month and would have to pay an extra $209 toward their mortgage each month under new mortgage rules that the federal government announced Thursday. The changes, which apply to government-backed insured mortgages, will mostly affect first-time home buyers looking to get into [...]
FEDERAL GOVERNMENT MAKES CHANGES TO MORTGAGE LENDING
2012 ANNOUNCES ON MEASURES TO SUPPORT THE LONG-TERM STABILITY OF CANADA’S HOUSING MARKET For the fourth time in as many years, the Federal Government has announced action to restrict mortgage credit. The new measures include: • The maximum amortization on a prime mortgage will be reduced from 30 to 25 years. • Mortgage insurance will [...]
NEW GENERATION OF HOMEBUYERS
HOPEFUL HOMEOWNERS STAY IN THE NEST More young Vancouverites are buying real estate, but they’re not exactly becoming homeowners – at least not in the traditional sense. A local mortgage expert says many 20-somethings are now finding a way around the city’s sky-high housing costs by buying investment properties and renting them out – all [...]
10 STEPS FOR SELLING YOUR HOME
STEP-BY-STEP GUIDE TO HELP YOU SELL YOUR HOME DECICE WHEN TO SELL In real estate, timing can influence your home’s selling price. Factors like how quickly you need to sell, whether it’s a buyers or sellers market and seasonality all play a role in your home’s final selling price. FIND A REALTOR® WHOS IS RIGHT [...]
VANCOUVER DOWNTOWN MAP OF NEIGHBOURHOODS AND AREAS
FEATURING BEACH CRESCENT NEIGHBOURHOOD BY BUILDINGS Vancouver4life features Vancouver’s Condominiums and Residential Buildings by areas or neighbourhoods in Downtown Vancouver and surrounding areas. Discover and learn about different Neighbourhoods, research Information on each Building, View Pictures, Google Maps and our featured MLS® Listings. Read articles on Real Estate News and Real Estate Statistics, architecture and [...]
50 WAYS TO GREEN YOUR HOME AND SAVE $$$ IN GREATER VANCOUVER
THE GREEN TOOL KIT When it comes to making your home more energy efficient, you can easily make small changes that won’t cost you a dime. With even a modest budget, big changes are possible, especially if you qualify for some of the grants and rebates available to home buyers and owners going green. And [...]
COST SAVING PROGRAMS FOR HOME/PROPERTY BUYERS AND OWNERS
HOME BUYERS – COST SAVING PROGRAMS Wise real estate decisions are made when you have a clear understanding of your personal financial circumstances. When assessing your situation, it is important to know that there is a broad range of cost-saving programs available to help you. HOME BUYER’S PLAN: REGISTERED RETIREMENT SAVINGS FOR DOWN PAYMENT • [...]
