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Andy's Mortgage Blog — Latest Posts
Will homes be more affordable now that the market has cooled down in Victoria?
Homes are spending more time on the market and real estate sales are moving at a slower pace in Victoria.So, what does this mean?B.C.’s speculation tax, which will be imposed in the fall, is causing...
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Fixed or Variable?
It’s the perennial question homebuyers ask themselves and one that’s getting a lot of attention these days: should I go fixed or variable?And the answer may have just become a little more complicated...
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Bank of Canada Raises Key Lending Rate
This morning, the Bank of Canada (BoC) raised its policy rate another .25% bringing its benchmark interest rate to 1.5%, to keep a lid on inflation, whileacknowledging future hikes will be gradual...
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What is the best “boost” for property values?
Royal LePage surveyed over 750 real estate agents across Canada to find out what the best way to add value to a home is. The poll found that a kitchen renovation is the best way to add value. In order...
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