Blog by Michael Sjerven

Latest Rates

November 29th, 2008

Current Rate Best Bets:

5 Year Fixed: 5.55%

1 Year Fixed: 4.69%

Mortgage?

November 11th, 2008

With housing transactions and mortgage volumes significantly down in Vancouver you might be wondering what is going on in this country. Are lenders still giving out money? Simply put, yes! However, lending requirements have gotten tighter over the past few months. Banks want to ensure clients have enough income to debt service the mortgage properly. Self-employed income needs to be verified n ...