July 2024

Understanding Canada's Mortgage Stress Test: A Guide for Prospective Homeowners

Posted on Jul 14, 2024

Navigating the home-buying process in Canada can be challenging, particularly with the rigorous mortgage qualification requirements in place. One key aspect prospective homeowners need to be aware of is the mortgage stress test. This blog will delve into the origins of the stress test rules, how they are applied, the impact on the lending market, a...

Read More

Understanding Closing Costs in British Columbia Real Estate Transactions

Posted on Jul 07, 2024

Purchasing real estate is a significant investment, often involving a multitude of financial considerations. In British Columbia, one of the crucial aspects to understand is the closing costs associated with the transaction. These costs, which are in addition to the property price, cover various fees and expenses that arise during the finalization...

Read More