January 2018

Fixed Mortgage Rates are on the Rise

Posted on Jan 13, 2018

Two major Canadian banks, RBC and TD and more recently, CIBC, increased their fixed-rate mortgage rates on Thursday. This increases RBC’s posted five-year fixed mortgage rate from 4.99% to 5.14% and their special offer rate for a five-year fixed with a 25-year amortization from 3.39% to 3.54%. Future increases in these bank rates, the Bank of Canad...

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Princeton Real Estate Year in Review 2017

Posted on Jan 10, 2018

A Personal Reflection:

Princeton’s hot real estate market continued for 2017, driven mostly from a frantic lower mainland that’s literally bursting at the seams and spilling into BC’s South interior.

It’s been amazing to see a market in the lower mainland that was so strong and positive in growth, that has now turned into a negative force of nature a...

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