Mortgages

Mortgages Your Down Payment? Down Payment You can purchase a home in Canada for as little as 5% down. However this does depend on a few different factors. These factors will include your current credit score, your debt to income ratio, and overall purchase price. Not everyone will qualify with 5% down, it depends if you meet the lender […]
Mortgages Interest Rate Increase: October 26 2022 Interest Rate Increase On Wednesday October 26th we are expecting another increase in the Bank of Canada’s Prime Rate. Despite prime rate rising to 5.45% just over a month ago on September 7th 2022, we could potentially see prime rate increase by half to three-quarters of a percent. Along with this, most major banks are […]
Mortgages Pre-Approval vs. Pre-Qualification What is it? What is a pre-approval? What is a pre-qualification? What are the differences between the two and what are the benefits that come along with them? I am going to walk you through these questions and help you get a better insight on this important topic. Pre-Approval A pre-approval is when you fill […]
Mortgages The Rise of Interest Rates New Partnership Hi there, my name is Ashley Crowhurst and I am a local Mortgage Broker here in the Fraser Valley. I am here to help give insight on what’s going on in the current mortgage market as well as provide helpful information in obtaining mortgage financing. Interest Rates on The Rise Today I want […]
Mortgages Where is the BC Real Estate Market Moving? When looking at the real estate market moving, we typically rely on experts and those working in the industry to understand which way. However, currently it seems that even if you don’t have a friend or family member in real estate, you still know which way the market is going. Why is that? Market Factors […]
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