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Tag Archives: Mortgage Financing
Leaky Condos in Vancouver and Getting a Mortgage: Fun!
So You’ve Got an Accepted Offer on a Leaky Condo, Can you get a Mortgage?
Chad Watts, a Vancouver Mortgage Broker and I recently worked on a file were a first time Buyer fell in love with a gorgeous suite in a condo building in Vancouver with the classic Leaky Condo Syndrome. Fun! Continue reading
Posted in: For Buyers, Vancouver Real Estate and Mortgage Financing
Tags: Engineering Report and Leaky Condos, Financing Leaky Condos, Getting a Mortgage on a Leaky Condo, How to Get a Mortgage on a Leaky Condo, leaky condo, leaky condos, leaky condos in vancouver, Leaky Condos in Vancouver and Getting a Mortgage, Mortgage Financing, Mortgage Lenders, Mortgages on Leaky Condos, Special General Meeting, Special Levy, Strata Council Leaky Condos, vancouver leaky condo
2 Comments
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