Mortgage Brokers

Shelter costs in Kelowna only differ by $78/month between renters and owners. (@khzny/Twitter)

Under $80 difference between rent, mortgage prices in Kelowna the smallest in Canadian major cities

Shelter costs are just $78/month more as a homeowner

 

Finance Minister Selina Robinson speaks during a press conference at Goudy Field in Langford, B.C., on Wednesday, Sept. 7, 2022. The British Columbia government is bringing in new laws to replace the outdated Mortgage Brokers Act as it follows recommendations from an inquiry into money laundering. THE CANADIAN PRESS/Chad Hipolito

New rules coming for mortgage brokers following B.C.’s money laundering probe

BC Financial Services Authority will soon be able to make rules for brokers

 

A real estate sold sign hangs in front of a Canadian property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

W-shaped recovery would be ‘very severe’ without government assistance: CMHC

The corporation says the COVID-19 pandemic could trigger nearly 50 per cent drop in housing prices

 

Homes are pictured in Vancouver on April 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Ottawa to change stress test rate for insured mortgages next month

Qualifying rate will be borrower’s contract rate or weekly median 5-year fixed insured mortgage rate

Homes are pictured in Vancouver on April 16, 2019. THE CANADIAN PRESS/Jonathan Hayward