Social Media Bar
-
Mike’s Real Estate Listings
2038 Stephens | Character Home | Basement Suite | Kitsilano | Vancouver West
This property SOLD on May 13th, 2013 for $1,578,000. Contact Mike for all the details: 604-763-3136.
The classic Kits character home has a full width front porch and a second flr covered bal... View Listing Details
103-33 North Templeton | MASSIVE Patio! | East Hastings Real Estate | Vancouver East Condo
SNEAK PEAK on: Friday, May 17th from 5:30-6:00PM. Open House on Saturday, May 18th & Sunday, May 19th from 2:00-4:00PM. ALL OTHER SHOWINGS RESTRICTED to Tuesday, May 21st &... View Listing Details
309-27 Alexander | The Alexis | Heritage Loft Apartment | Gastown | Downtown Vancouver
Open House on Saturday and Sunday, May 18th & 19th from 2:30-4:30PM. Call Mike to confirm an Open House or to schedule a private showing: 604-763-3136.
Welcome Home to 18' ceil... View Listing Details
414-1040 Pacific Street | Chelsea Terrace | West End Condo
Open House on Sunday, May 19th from 4:00-6:00PM. Call Mike to confirm an Open House or to schedule an appointment for a private showing.
PRICE DROP! Welcome home to this immaculate suite at the solid Chelsea ... View Listing Details
202-3089 Oak Street | The Oaks | Fairview | Vancouver West
This Property SOLD on May 3, 2013 for $450K. Call Mike for more details: 604-763-3136.
Enjoy a HUGE 520sf North facing patio at the Oaks in Fairview. This bright, private and quiet suite DOES NOT face Oak Str... View Listing Details
401-1238 Homer Street | Grafton | Yaletown Condo | Downtown Vancouver
Open House on Sunday, May 19th from 12NOON-2:00PM. Call Mike at 604-763-3136 to confirm an Open House or to schedule and appointment for a private showing.
Reduced to Sell! Welcome to the Grafton,... View Listing Details
1909-5288 Melbourne Street | Collingwood | Vancouver Condo
Call Mike to Confirm an Open House or to Schedule an Appointment for a Private Showing.
Price Reduced! Welcome home to expansive and unobstructed views of the North Shore Mountains at Emerald Park Place Sub-... View Listing Details
404-3161 West 4th Avenue | BRIDGEWATER | Kitsilano
Open House on Saturday, May 18th from 2:00-4:00PM. Call Mike (604)763-3136 to confirm an Open House or to schedule an appointment to view privately.
New Price! Welcome home to 10’ ceilings and a bright southern exposure and 2 parking stalls at the Bridge... View Listing Details
112-3770 Manor Street | Cascade West | Burnaby North
This Property SOLD on May 3rd, 2013 for $315K. For all the details, call Mike at 604-763-3136.
Welcome home to a gorgeous bright and quiet corner suite with a very large patio opening onto a large secluded garden area at Cascade West in... View Listing Details
Tag Archives: Jessi Johnson Mortgage Broker
Vancouver Real Estate Affordability & March 18 2011 Mortgage Rule Changes
March 18 2011 Department of Finance Mortgage Rule Changes and Real Estate Affordability in Vancouver
We’ve been discussing mortgages a lot lately because they have such a huge impact on Vancouver Real Estate Market.
In previous posts we explained the March 18, 2011 Mortgage changes Canada’s Department of Finance enacted.
Today we’re going to talk about how these changes to Canada’s mortgage rules will affect the affordability of residential real estate here in Vancouver.
Jessi Johnson a Vancouver Mortgage Broker did some calculations to give a better idea of the impact from these changes.
Rising Rates & Shortened Amortizations Affect Vancouver Housing Affordability?
March 18 Mortgage Changes & Vancouver Real Estate 2 of 3 Maximum Refinancing Reduced to 85% Loan To Value
March 18, 2011 Department of Finance Mortgage Changes Part 2 of 3 – Reduced Refinancing Maximum Loan to Value
In January 2011, Canada’s Department of Finance announced a series of changes to the lending rules for Mortgages that will come into effect in on March 18, 2011 and April 13, 2011.
In part 1 of 3, Jessi Johnson and I discussed how the new rules shortened the maximum amortization from 35 years to 30 years for high ratio mortgages. In part 2 of this series Jessi Johnson will explain the changes to the refinancing rules.
Call in Jessi Johnson, Mortgage Specialist!
Like I always do, when I don’t know the answer, I call in the expert and this case, Jessi Johnson a Vancouver Mortgage Broker has been kind enough to meet with me and explain the new rules.
What does Loan to Value (LTV) mean? Continue reading
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