Blog

What the Fall of Home Capital (Doesn't) Mean


Home Capital's shares have fallen by 60% as investors have pulled out. This doesn't mean that the broader mortgage market is in trouble, however.

  • Ben Johnson

The Impact of Vancouver's Foreign Buyer's Tax


We examine the impact of Vancouver's foreign buyer tax on housing sales and prices in the eight months since its implementation

  • Ben Johnson

Greater Vancouver Housing Market Interactive Dashboard


Curious about housing prices and trends in your area? Looking to buy or sell? Check out our interactive housing market dashboard covering the entire Lower Mainland from Mission to West Vancouver

  • Ben Johnson

BC Government Offers Interest Free Loans to First Time HomeBuyers


The BC Government is offering loans for down payments of up to $37,500 to first-time homebuyers with no interest for the first five years. What do you need to qualify? How much can you save? This article explains

  • Ben Johnson
Christy Clark

Changes Coming to BC's Real Estate Industry


All three levels of government have announced some plans or intentions to shake up the real estate industry in BC. What are they? Does it matter?

  • Ben Johnson
Shadow House

What is "Shadow Flipping"?


Shadow flipping is a hot-button topic in the Lower Mainland, but what is it? How does it affect the housing market? And what is being done about it?

  • Ben Johnson
Tug of War - Savings vs. Investment

5 Reasons to Pay Down Your Debt First


You should always pay down your debt before making investments. You will improve your credit and save money with less hassle.

  • Ben Johnson
AMortization Period

What is an Amortization Period?


Amortization periods affect your monthly payments and how much interest you will pay on your mortgage over its lifetime. Find out what you need to know about this simple but important concept

  • Ben Johnson
Description

A Great Tool to Monitor Your Personal Finances


Looking to take control of your personal finances? Check out Mint, a free online tool from Intuit that helps you monitor your finances, create budgets and track goals

  • Ben Johnson
Description

What is Stated Income?


What is Stated Income?

  • Ben Johnson
Description

Debt Consolidation Calculator


Free debt consolidation calculator for Canadian homeowners. Find out how much you can save on your debts, what your payments will be and how quickly you can reduce your debt

  • Ben Johnson
LTV Explained

Loan-to-Value Explained


We provide an explanation of Loan-to-value (LTV) ratios in Canada. What they are, how they apply to you, and what LTV you can get.

  • Ben Johnson
Description

Mortgage Solutions for Self-Employed in Canada


Self-employed and looking for a first or second mortgage? There are a few things that you should know first. Check out our article to find out everything you need to know.

  • Ben Johnson
Debt Consolidation FAQ

Frequently Asked Questions About Debt Consolidation


We provide answers to the most common questions on debt consolidation - what are the interest rates, terms, qualification standards....

  • Ben Johnson
taxes in Canada

Behind on Taxes?


Canadian homeowner concerned about your taxes? A home equity loan can save you $1,000's in CRA late fees and interest penalties. Find out if it works for you.

  • Ben Johnson
Description

Home Equity Loans for Small Business


Looking for a loan for your small business? A home equity loan might the best thing for you.

  • Ben Johnson
clean up your christmas credit card debt

Clean Up Your Christmas Credit Card Debt


Leftover credit card debt is almost as bad as fruitcake, but at least you can re-gift fruitcake. Don't hang on to credit card debt unnecessarily.

  • Ben Johnson

How Our Debt Consolidation Process Works


We provide answers to the most common questions on debt consolidation along with an easy explanation of how our Debt Consolidation Process works.

  • Ben Johnson

Property Assessment Jump by 15%-25% in Vancouver, but Your Property Tax Bill Won't


Property assessments are increasing sharply across the Greater Vancouver Area, especially in the city of Vancouver. Property tax bills won't rise by nearly as much though. We explain why.

  • Ben Johnson
home equity loan Canada

What is a Home Equity Loan?


What is a home equity loan? What are the advantages? What are the typical uses of a home equity loan in Canada? Who uses home equity loans? We answer these questions and more.

  • Ben Johnson
contributions to real, per-capita debt growth

4 Reasons Why Canadian Household Debt Isn't So Bad


Four reasons why Canadian household debt levels are not as calamitous as they are often made out to be

  • Ben Johnson
equity take out in Canada

The Top 7 Uses for Home Equity Loans in Canada


Home equity loans are growing in prominence in Canada. Their applications are widespread and their recipients diverse. This article outlines common uses.

  • Ben Johnson

New Down Payment Rules - Painful for Some, Benign for Most


How much are putting down on their homes? Which groups put down less? We review these questions to assess the potential impact of the new down payment scheme

  • Ben Johnson

Higher Down Payment Requirements Coming. How Will You Be Affected?


In February 2016, the minimum down payment for certain homes will be raised. What are the changes? What is their goal? Who will this affect? What will be the market impact? We answer these questions and more with our analysis on the likely impact of the announced changes

  • Ben Johnson
clean up your credit card debt

10 Great Reasons to Transfer Your Credit Card Debt to a Home Equity Loan


Transferring your debt from credit cards to a home equity loan is a great way to improve your finances, raise your credit rating and reduce your debt faster. This article outlines 10 great reasons to consolidate your credit card debt and provides access to other educational content and online tools.

  • Ben Johnson
Virtuous Cycle of Debt Consolidation

Virtuous Cycle of Debt Consolidation


This articles explains what we call the Virtuous Cycle of Debt Consolidation - the continual process of debt reduction, credit repair, and better financing that can save you thousands. We explain how it works and provide a number of additional resources.

  • Ben Johnson
easy guide to debt consolidation

Easy Guide to Debt Consolidation


Want to know more about debt consolidation and how you can save money, raise your credit rating, and get out of debt faster without increasing your monthly payments? We provide a simple walk-through and explanation of the process.

  • Ben Johnson
Free debt consolidation calculator

Custom Debt Consolidation Report


Interested in how debt consolidation can save you money? We are now offering free, customized Debt Consolidation Options Reports so you can see what options are available to you.

  • Ben Johnson

How to Consolidate Debt Properly


Curious about debt consolidation? What it is, how it works, how to do it properly? We answer all the common questions and provide a real life example of debt our debt consolidation process.

  • Ben Johnson

A Quick Tip to Pay Down Your Mortgage Faster


Trying to pay down your mortgage faster? Making lump sum or accelerated payments are good ideas, but there are better options available. This article discusses easy ways to pay down your mortgage faster.

  • Ben Johnson

Will Your Increases Assessment Lead to Higher Property Taxes? Not Really, No


With rising resale prices comes rising property tax assessments. Some have taken this to portend rising property taxes, but this belief stems from a misunderstanding of municipal finance in Canada.

  • Ben Johnson

BC to Change the Property Transfer Tax Scheme


The BC Government has announced plans to change their outdated property transfer tax scheme

  • Ben Johnson
carrying debt

6-Tips on How to Consolidate Your Debt


Curious about debt consolidation? Wondering whether it is right for you? We provide some helpful tips to get you started.

  • Ben Johnson
International migration to BC

Weak Migration to BC Could Soften the Housing Market


International net migration to BC has fallen to an almost 30 year low. Migration is a critical part of housing demand and we assess what effect this might have

  • Ben Johnson

Harper's Goal to Add Another 700,000 Homeowners by 2020 Sounds Hollow


Stephen Harper announced intentions to raise the homeownership rate in Canada. This article explains how he intends to do so, why, and the possible consequences.

  • Ben Johnson

Canadian Interest Rate Forecast - Q3 2015


We summarize the most current Canadian interest rate forecasts from major institutions in Canada and describe the economic backdrop that underpins these forecasts

  • Ben Johnson

Why Does that Vancouver Condo Cost So Much?


Rising residential land prices are driving up new home prices across the Vancouver area, especially in certain pockets. This articles examines the driving forces of new home prices in Metro Vancouver

  • Ben Johnson
Image Description

Expect New Condo Prices in Vancouver to Remain High As Land Prices Increase


Residential land prices in the Greater Vancouver area are rising, pushed up by private investors. This is expected to put upward pressure on new home prices, with a lag 1-2 years

  • Ben Johnson
credit repair tips

9 Tips to Repair and Protect Your Credit Score


Your credit score determines what financial options are available to you. This article outlines some useful tips to repair and protect your credit rating.

  • Ben Johnson

Canadian banks helping clients bend rules to move money out of China


Canadian banks helping clients bend rules to move money out of China

  • Ben Johnson
Image Description

Are We Building Too Many Homes in Canada?


We highlight some research from the Bank of Montreal that aims to determine if we are building too many homes in Canada. If you are too lazy to read on, the answer is no.

  • Ben Johnson

10 Tips for Reducing Credit Card Debt


We provide nine useful tips on how you can reduce your credit card debt faster

  • Ben Johnson

40% of Vancouver House-Owners Rent Part of Their Home


Secondary suites are becoming very common in Vancouver, which reportedly has the highest rate of any major city in Canada

  • Ben Johnson
Credit score repair tips

Victoria's Real Estate Market - 2015


We take a look at recent trends in Victoria's housing market

  • Ben Johnson
Foreign Ownership in Vancvouer

Harper Pledges to Collect Data on Foreign Ownership


Stephen Harper has announced plans to measure the size and impact of foreign ownership in housing markets across Canada

  • Ben Johnson
Greater Vancouver and the Fraser Valley

Understanding the Fraser Valley Real Estate Market


We provide a concise overview of the Fraser Valley real estate market with what you need to know if you are planning to buy.

  • Ben Johnson
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How Might BC be Affected by a Slowdown in Alberta's Economy?


How connected is BC's economy to Alberta's. What will happen to BC's housing market as a result of a slowdown in Alberta's economy. We crunch the numbers to provide some much needed context.

  • Ben Johnson

Shadow Mortgage Market In Canada


What is the "shadow mortgage market"? How big is it? Is it a concern? We answer these questions and more.

  • Ben Johnson
Growth in Vancouver's Rental Stock by Unit Type, 2007-2014

CMHC to Change Their Underwriting Policy for Dwellings with Secondary Suites


CMHC to Change Their Underwriting Policy for Dwellings with Secondary Suites

  • Ben Johnson
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Rate Cut Not a Game Changer For Canada's Housing Market - TD


A recent report by TD bank argues that the Bank of Canada's recent rate cut will not have a significant impact on Canada's housing market

  • Ben Johnson
Vancouver demolitions

Re-Zoning Driving Price Growth and Resales in Vancouver


Vancouver has seen a declining stock of single-detached homes since 2001 as a result of re-zoning. This declining stock is putting upward pressure on prices

  • Ben Johnson
Household growth in Vancouver, 2001-2011

Foreign Investors Not the Driving Force Behind Price Growth in Vancouver


A falling supply of single-detached home, largely the result of re-zoning, is the driving force behind rising single-detached home prices in the city of Vancouver, rather than foreign ownership.

  • Ben Johnson
Image Description

Bank of Canada Rate Cut Won't Spur on More Borrowing - CIBC


A recent (survey by CIBC)[A recent survey by CIBC indicates that most Canadians would use a rate cut to pay down their debts faster, rather than take on more debt] indicates that most Canadians would use a rate cut to pay down their debts faster, rather than take on more debt.

  • Ben Johnson
Canadian interest rate forecast summary

Canadian Interest Rate Forecast July 2015


We provide a summary of the most recent interest rate forecasts from major Canadian institutions

  • Ben Johnson
Employment Growth, Vancouver and the Rest of BC

Vancouver's Economy and Housing Market has a Bright Future


This article summarizes the current state of Vancouver's economy and housing market

  • Ben Johnson
Canadian Interest Rates

Why an Interest Rate Cut is More Likely and Why it Likely Won't Affect You Much


We look at why the Bank of Canada is more likely to cut interest rates than before and why this likely won't impact the average Canadian

  • Ben Johnson
housing Affordability - Vanocouver

A Sober Discussion on Housing Affordability in Vancouver


A Sober Discussion on Housing Affordability in Vancouver

  • Ben Johnson
housing Affordability - Vanocouver

Major Trends in Canada's Housing Market


From interest rates, to immigration, to foreign investors, we examine some major factors affecting Canada's housing markets in 2015 and going forward.

  • Ben Johnson

Homebuying in Canada


This article provides a concise description of homebuying in Canada. Where are down payments coming from? What would happen if regulation changed? You name it.

  • Ben Johnson
Active Listings in BC

BC's Housing Market in 2015


2015 is seeing widespread strength in BC's housing markets. This article presents some statistics amalgamated from different real estate boards across the province

  • Ben Johnson

Hands-Off


Are you a mortgage broker looking for private lending services for your clients? We offer a service that is designed to allow you to expand your business and increase your revenue without investing an inordinate amount of time

  • Ben Johnson
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Monthly Mortgage Costs Across the Greater Vancouver Area


We provide an estimate of typical monthly mortgage payments for new apartments by area around Metro Vancouver

  • Ben Johnson

Typical Strata Fees in Vancouver


Strata fees can represent a significant ongoing cost. In this short article, we summarize typical strata fees by region across the Greater Vancouver Area. We then compare it to typical monthly mortgage payments for those same areas to give the reader a sense of how much of their payments would go to strata fees

  • Ben Johnson
Mortgage Broker Market Share Canada

Mortgage Broker Market Share Rises in 2015


Canadian mortgage brokers are getting a bigger piece of the pie compared to previous years, gaining ground with both first-time homebuyers and repeat buyers. We highlight this and other useful insights from CMHC's recent Mortgage Consumer Survey.

  • Ben Johnson
Canadian Interest Rate Forecast - Q2 2015

Canadian Interest Rate Forecast - Q2 2015


We provide a summary of interest rate forecasts from major institutions in Canada and an analysis of the implications of recent economic trends

  • Jessi Johnson