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Why a Mortgage Broker is Like Santa Claus

Why a Mortgage Broker is Like Santa Claus

Whether your household calls him Santa Claus, Father Christmas, Père Noël, Babbo Natale, Saint Nicholas, or Kris Kringle, there’s another name you may not have considered – your friendly local mortgage broker.

Oh boy, have we crossed the line with this comparison? While we may be taking some dramatic license and adding a little levity, the resemblance isn’t as far fetched as you think, at least not when you’re on the market for your very first home. Let’s unwrap it and see.

3 Reasons Why a Mortgage Broker is a Lot Like Santa Claus for First-Time Home Buyers

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Getting a Mortgage With Your Kids

Getting a Mortgage With Your Kids

Getting a Mortgage With Your Child

We’re following up our recent article, which went out to young singles and couples who wonder if getting a mortgage with their parents is a good idea. If you’ve been approached about a real estate investment by your adult child recently, that’s on us. On the surface it may seem as if the scenario is about them simply asking for help, which you may be happy to offer. However, we encourage you to look at the prospect as an opportunity that is ripe with benefits that you may not have considered. Have a look at these advantages which we have listed below.

3 Reasons Why Getting a New Mortgage With Your Adult Children May be a Wise Investment in Your Future

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Buying a Home During the Holidays

Buying a Home During the Holidays

Starbucks red cups are in the mittens of nearly everyone on the street and the Hallmark Channel has launched its onslaught of Holiday winter romance. It must be Christmas. And here you are, amidst all of the festive hustle and bustle, preparing to buy a home. With all that is going on at this time of the year, does it make sense? Should you wait until the New Year has sprung? Not necessarily, especially in the dog days of 2021. Here’s why.

3 Reasons Why It’s a Good Idea to Move Forward With Buying a Home During the Holiday Season

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Getting a Mortgage With Your Parents

Getting a Mortgage With Your Parents

Getting a Mortgage With Your Parents Penticton BC

It’s entirely possible to get a mortgage in the current Okanagan real estate market as a young single person. The availability of first time buyer incentive programs along with favorable mortgage rates make entry viable for someone who wants to start building their equity. That said, you’re interested in tapping into another valuable resource – your folks. While there are a number of benefits to getting a mortgage with your parents, you’re on the fence about whether or not you should partner with them to invest in a home. Below is a breakdown of why it may be a wise decision that supports your goals for today, and tomorrow.

5 Reasons Why Getting a Mortgage With Your Parents May Be a Very Wise Decision

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Bank of Canada Announcement (November 2021)

Penticton Mortgage Rates Update – November 2021

Prior to Halloween, the Bank of Canada concluded October with an announcement regarding the prime interest rate. If you’ve been following along on our Penticton mortgage news blog, then you know that the announcements have had little impact on mortgage rates and the real estate market over the last year. But things are a little different now. Economic growth is occurring, and while some uncertainty remains, it’s clear that far brighter days are ahead for 2022. So what’s new from the Bank of Canada that may (or may not) impact your decision to buy a home before the ball drops on 2021? Let’s find out.

What BC Southern Interior Buyers Need to Know About the November 2021 Bank of Canada Announcement Regarding Borrowing Rates

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Do You Need a Mortgage Broker?

Do You Need a Mortgage Broker? What Can Happen Without One (Halloween Edition!)

I heard this house has good bones…

All Hallows’ Eve is upon us, and as such we want to take a look at one of the most frightening concepts at this time of the year – buying a home, without a mortgage broker. Existing homeowners shudder at the thought, knowing what can happen to those who don’t partner with a broker when buying their very first property. If you’re currently on the market, please heed the following hair-raising tales of what can befall those who don’t take a moment to call a professional.

Disclaimer: Those with weak hearts and/or scare easily should only read ahead with a approval from their physician.

3 Frightening Events That May Occur if You Don’t Partner with a Mortgage Broker When Buying Your Very First Home

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Penticton Real Estate News | October 2021

Penticton Real Estate News | Oct. 2021

Penticton Real Estate News

Every so often our mortgage brokerage embraces the responsibility of sharing recent Penticton real estate news. After all, seeing as you’re in the market for a home in the Southern Okanagan Valley it’s most certainly of interest to you. What’s new as we enter the fourth fiscal quarter of 2021? Is there anything on deck that should incite you to take action on your mortgage pre-approval? Let’s review.

Recent Real Estate Updates Regarding Penticton and the Surrounding Area that New Buyers Need to Know About

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What Type of Mortgage Should I Get?

What Type of Mortgage Should I Get?

After yet another Bank of Canada announcement regarding interest rates, and watching the cost of getting a mortgage tumble down into the valley of opportunity, you’ve made the wise decision to buy your very first home. You could not have picked a better time. This juncture of 2021 may go down as the one moment in history when buyers in BC truly had all of the power. That said, you’ve still got some questions, namely “What type of mortgage should I get?”. There are significant options and variables to consider. To help, our Okanagan mortgage brokerage has provided clarity below.

First Time Buyers’ Guide to Deciding Which Type of Mortgage to Get When Buying a Home in the BC Southern Interior

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Climate Change and Mortgage Risk

Climate Change and Perceived Mortgage Risk

Thousands upon thousands of households across British Columbia and Canada have their eye upon the BC Southern Interior as a place to call home. Who doesn’t want to live here? It’s a four-season paradise. But there’s an elephant in the room that must be addressed. It’s called climate change, and the impact it may have on where people choose to buy a home. With a lot of media exposure placed on summertime forest fires in the Okanagan, some people are wondering if this neck of the interior is a place to establish roots. As the Penticton community’s go-to mortgage broker, we want you all to have a look at the big picture. Let’s review.

Why the BC Southern Interior Remains to be a Big Draw for Home Buyers Amidst Climate Change

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Bank of Canada Announcement (September 2021)

Penticton Mortgage Rates Update – September 2021

Penticton Mortgage Rates September 2021

It’s “back to school” week across BC! All over the province parents, households, and teachers alike are scrambling to adjust their schedules and are planning for the season ahead. Amidst the chaos, the Bank of Canada just made their own scheduled announcement, about borrowing rates. New buyers are left wondering if their plans to get a mortgage before the year comes to an end is still viable. Have things changed since the Bank of Canada’s midsummer press release? Is it still the best time in recent history to buy a home in the Southern Interior? Let’s find out.

What BC Southern Interior Buyers Need to Know About the September 2021 Bank of Canada Announcement Regarding Borrowing Rates

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