Entries by Callum Greig

Things your Mortgage Broker wants you to know

The right mortgage broker can be a huge asset in your journey to homeownership in Canada. Mortgage brokers are there to guide you through the often confusing process of financing your home purchase and help you secure the best deal on your mortgage. Here are things your Mortgage Broker wants you to know when working […]

2024 Property Assessments

Stable Values The story for 2024 Property Assessments for British Columbia overall is stability. The assessed value of properties across B.C. has generally stabilized, with some outliers like Lytton, Haida Gwaii, and Tumbler Ridge experiencing significant increases in worth. According to the B.C. Assessment Authority, as of July 1, 2023, property values changed between minus […]

Difference between a Home Inspection and Home Appraisal

Are you planning to buy your dream home? If so, you may need to apply for a mortgage loan. Before you take this big financial step, it’s important to understand the difference between a home inspection and a home appraisal to avoid any surprises in the long run. Home Inspection: A home inspection is a […]

Canadian Mortgage Rate Forecast for 2024

Canadian Mortgage Rate Forecasts for 2024: What You Need to Know Are you a Canadian homeowner or looking to invest in Canadian real estate? If so, chances are you’re constantly monitoring mortgage rates and trying to predict where they’re headed. While there’s no crystal ball to tell us exactly what will happen in the housing […]

BC Secondary Suite Incentive Program and Get a $40,000 Forgivable Loan

Gone are the days when a home serves only one purpose. With the rising costs of housing and the changing demographics, secondary suites are becoming more popular and essential. Many homeowners in British Columbia are converting their basements, garages, or even adding rooms to their homes to create additional living spaces. If you’re one of […]

Canadian Mortgage Charter

As part of their fall budget update, the Canadian government has recently introduced a new mortgage charter for the country. The charter is aimed at regulating the mortgage industry in Canada, an industry that has faced some turbulence in recent times due to rising interest rates and a slowdown in the Canadian housing market. While […]

Bank of Canada holds interest rate steady

Are you a homeowner or homebuyer who is juggling budgeting for your mortgage amidst an ever-changing economy? We have some news for you: The Bank of Canada has announced that it will hold its benchmark interest rate steady. This positive news could mean savings in your pocket and lower overhead expenses on housing if inflation. […]

Mortgage Pre-Approval Survival Tips

Buying a home is an exciting experience and a significant financial decision. It’s important to take every precaution to ensure that it will be a successful purchase, and one of the best ways to do this is through mortgage pre-approval. Mortgage pre-approval gives you guaranteed access to the funds needed for your desired home loan, […]

Tax-Free First Home Savings

The Canadian government has introduced a new and exciting program called the Tax-Free First Home Savings Account, which will launch on April 1st, 2023. The program is designed to help young people save for their first home purchase by offering tax savings benefits. Contact Callum Greig today to get the ball rolling on this initiative. […]

The Basics of Canadian Mortgages

  The Basics of Canadian Mortgages Introduction Navigating the world of mortgages in Canada can be overwhelming, especially for first-time homebuyers. Understanding the basics of Canadian mortgages, including key terminology and options available to you. This blog post will discuss essential information about Canadian mortgages, including mortgage types, rates, pre-approvals, and how to qualify for […]