Anne Lok, B. Arch M.S. AAD Salesperson

Mortgage rates have been fairly stable – the pattern is one we are familiar with….a rate increase of .25%  and then gradually the pricing starts to settle back around 4% on a 5 yr fixed rate.  More buyers are considering a shorter term of 3 or 4 years to take advantage of lower rates.  A snapshot of today’s best ...

On March 4th, many in the industry expect the Finance Minister to announce changes to mortgage lending regulations.  Possible changes include: ·         increasing minimum down payment from 5% to 10%;·         decreasing maximum amortization from 35 ...