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Tag Archives: Bank of Canada
Variable Versus Fixed Rate Mortgages with Jessi Johnson Mortgage Broker!
Last week I had the pleasure of meeting up with Jessi Johnson of the Jessi Johnson Mortgage Team to discuss the merits of a Variable Rate Mortgage versus a Fixed Rate Mortgage.
What is a variable rate mortgage?
This is a mortgage that has an interest rate that changes in line with the Bank of Canada’s prime rate.Variable rate mortgages tend to have a lower interest rate than a fixed rate mortgage, but the interest rate on a variable mortgage can change at any time.
What is a fixed rate mortgage? Continue reading
Posted in: For Buyers, Vancouver Real Estate and Mortgage Financing
Tags: Assumable Mortgages, Bank of Canada, Canadian Mortgages, Financing Advice, Fixed Rate Mortgage, Fixed Rates versus Variable Mortgages, Fixed Rates vs Variable Rates Mortgages, Fixed Versus Variable Rate Mortgages, Interest Rate Volatility, Interest Rates and Real Estate, Jessi Johnson, Jessi Johnson Mortgage Broker, Jessi Johnson Team, Mortgage, Mortgage Advice, Mortgage Broker, Mortgage Financing, Mortgage Financing Advice, Mortgage Financing in Canada, Mortgage Financing in Vancouver, Mortgage Rates Fixed or Floating, Mortgages, Mortgages as Investments, Property Advice, real estate advice, Rising interest rates and real estate, Vancouver Real Estate and Falling Interest Rates, Vancouver Real Estate and Rising Interest Rates, Variable Rate Mortgage, Variable Rate Mortgage Loan, Variable versus Fixed Rate Mortgages, what are the risks of a fixed rate mortgage, What are the risks the risks of a variable rate mortgage, What is better a variable or a fixed mortgage, Which Mortgage is Better Fixed or Variable, why are fixed rates better, why are variable rates better
6 Comments
Vancouver Real Estate Prediction for the 2010 Winter Olympics
The Olympics Won’t Matter That Much.
I stand by what I said in a previous prediction on the Olympics and Vancouver Real Estate that there will be minimal transactions in Downtown Vancouver and surrounding areas because of Olympic security measures. Right after the Olympics there will be a spike in activity from demand caused by all the Buyers who were unable to buy during the time the Olympics are on.
What are your thoughts?
Please feel free to leave a comment, question, or suggestion below! Thanks!
Posted in: For Buyers, For Sellers
Tags: +what+happens+to+real+estate+prices+after+olympics, 2010 Canadian Olympic Predictions, 2010 Olympics and the Real Estate Market, 2010 Olympics and the Vancouver Real Estate Market, 2010 Vancouver BC Canada Olympic Predictions, 2010 Vancouver British Columbia C Canada Olympic Predictions, 2010 Vancouver Canada Olympic Predictions, 2010 Vancouver Olympic Predictions, 2010 Vancouver Olympics Real Estate Predictions, 2010 Vancouver Winter Olympics Real Estate Predictions, Affect on Vancouver Real Estate after the Olympics, Bank of Canada, Bank of Canada and Prime Rare, Bank of Canada and Prime Rate, Bank of Canada and Vancouver Real Estate, Bank of Canada Interest Rates, bc real estate market after the 2010 olympics, Canadian Export Competitiveness, Canadian Exports to the US, Downtown Vancouver Real Estate after 2010 Olympic, Downtown Vancouver Real Estate after Olympics, Effect on Vancouver Real Estate after the Olympics, Effect on Vancouver Real Estate after the Vancouver Olympics, Federal Reserve and US Dollar Weakness, Housing Market after Olympics, Housing Market after the 2010 Olympics, Housing Market after the 2010 Vancouver Olympics, Housing Market after the Vancouver Olympics, Housing Market Vancouver after 2010 Olympics, Housing Market Vancouver after Olympics, Mike Stewart Real Estate Predictions, Mike Stewart Realtor Predictions, Real Estate after 2010 Olympics, Real Estate after 2010 Vancouver Olympics, Real Estate after Olympics, Real Estate Predictions after 2010 Olympics, Real Estate Predictions after 2010 Vancouver Winter Olympics, Real Estate Prices after 2010 Olympics, Real Estate Prices after 2010 Vancouver Olympics, Real Estate Prices after 2010 Winter Olympics, real estate prices after olympics, Strong Canadian Dollar and Low Interest Rates, Ultra Low Interest Rates and the Bank Of Canada, Vancouver Condo Real Estate after Olympics, Vancouver House Prices after 2010 Olympics, Vancouver House Prices after 2010 Winter Olympics, Vancouver House Prices after Olympics, Vancouver Housing after 2010 Olympics, Vancouver Housing after Olympics, vancouver housing market after olympics, Vancouver Real Estate after 2010 Olympic, Vancouver Real Estate after Olympics, Vancouver Real Estate after the 2010 Olympics, vancouver real estate after the olympics, Vancouver Real Estate Predictions after 2010 Olympics, vancouver realtor, Vancouver Realtor Predictions, Vancouver Realtor Predictions for the 2010 Vancouver Winter Olympics, what will happen to Vancouver Real Estate after the Olympics, Will Downtown Vancouver Real Estate go up or down after 2010 Olympics?, Will my house be worth more after the Vancouver Olympics, Will Real Estate go up or down after 2010 Olympics?, Will Vancouver Real Estate go up or down after 2010 Olympics?
13 Comments