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But we are proud to say that Jessy Savage contributed 33 entries already.
Are you ready to invest in a rental property? Victoria is one of British Columbia’s most popular places to live, combining mild weather with stunning nature and plenty of fun-filled activities. Whether you want to rent a property or plan to invest in a commercial business, the process can be daunting. Luckily, we’re here to […]
The Bank of Canada (BoC) has again lowered its interest rates, marking the third cut in 2024. Overnight lending rates are now 4.25%, 25 basis points below the previous 4.5% rates, highlighting positive economic changes. In its official statement, the Bank of Canada cited ongoing easing in inflationary pressures and excess supply in the economy […]
Most homeowners in Victoria will face the same challenge at some point: renewing their mortgages. While it might seem like extra work, mortgage renewals are an opportunity to evaluate your current financial situation and find better interest rates. Understanding how to find the best deals can save thousands of dollars and improve your financial circumstances […]
With the Bank of Canada’s interest rate finally decreasing, Canadian homeowners have an opportunity to leverage the value of their homes through a Home Equity Line of Credit (HELOC). Whether you want to consolidate debt, perform renovations or invest in real estate, HELOCs are cost-effective and flexible tools that help you manage your finances. In […]
If you’ve been following the Bank of Canada’s interest rate changes, you’ll know that the key rates have been reduced to 4.5%, another significant decrease since the rates went to 4.75% in June. The reductions are welcome signs that inflation is finally beginning to cool down, with the new interest rate being a positive step […]
Are you getting ready to buy your first home in Victoria? Finally, escaping from the endless cycle of renting and enjoying the freedom of owning a property is an exciting time—but there are also plenty of things to consider. The first is how to get a mortgage. If you’re new to the mortgage application process, […]
As a homeowner in Victoria, you’ll usually have to renew your mortgage every few years. While it might seem like an extra headache you don’t really need; mortgage renewal also lets you shop around and find the best deals. Whether you’re new to mortgage renewals or a seasoned pro, this helpful guide will help you […]
Housing in British Columbia is an ongoing issue, with many prospective buyers and tenants struggling to find a place they can call home. However, recent initiatives that aim to stabilize the property market are paving the way for a brighter future. From the promise to build new homes to making ownership more affordable for first-time […]
How To Leverage Your Savings Accounts As A First-Time Homebuyer First-time homebuyers often encounter issues when purchasing a property, battling against high prices and plenty of competition. However, Canada’s 2024 Federal Budget announced numerous changes and incentives to simplify the journey. If you’re dreaming of ending the constant cycle of renting and purchasing a property, […]
The Canadian government’s 2024 Federal Budget announced more accessibility for people who want to purchase a property by building more properties, extending mortgage amortization periods and increasing RRSP withdrawal limits—welcome changes for many. However, other announcements, including the increase in capital gains tax and the new home flipping tax, were met with less enthusiasm. In […]
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