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Mortgage News and Helpful Tips for Home Buyers

Penticton Mortgage Rates Update – December 2022 The Canadian Prime Rate Train Stays on Track to Conclude 2022 The featured image above (and caption) tells you what you need to know – the recent series of Bank of Canada prime rate hikes remain on track

Black Friday Mortgage Deals and Rates 2022 Last year, 54 percent of Canadians participated in Black Friday promotions, which was up from 31 percent from the year before. That number is expected to be higher for 2022 as more of us are hopping on the USA’s annual shopping

Penticton Mortgage Rates Update – Autumn 2022 Last week (October 26) the Bank of Canada (BoC) made another one of their interest rate announcements. Eyes rolled across the BC Southern Interior as prospective home buyers wondered what the news would bring. Will the BoC’s words

Penticton Real Estate News | Oct 2022 You can smell the pumpkin spiced lattes in the air, which means that it must be autumn in the Okanagan. Indeed it is. With the summer season locked away for another 300+ days, many households have switched focus

Penticton Real Estate News | July 2022 For the first time in 3 years, summer (as we have always known it) is in full swing in Penticton BC. The Peach City Cruise once again rolled into town, and Elvis has been spotted everywhere. The 14-day

Penticton Real Estate News | May 2022 There’s just one month left in the spring season. Given that buyers prefer to move into their new home in the summer, now is the perfect time to get a mortgage. If you’re among this lot, you’re invested

Penticton Mortgage Rates Update – April 2022 In last month’s Penticton mortgage rates update we detailed the recent (at the time) Bank of Canada announcement regarding the Policy rate. In March they increased the rate from .25% to .5%. We predicted that the Bank would

Penticton Real Estate News | Spring 2022 Spring Break 2022 is in the books, and for many households in the BC Southern Interior it’s time to get back to #lifegoals, with homeownership being one of them. Traditionally, the season is prime for real estate, offering

Penticton Mortgage Rates Update – March 2022 Remember in our most recent Penticton real estate news update, when we encouraged buyers to act quickly before market forces increased the cost of buying a home? We named high demand for BC Southern Interior properties and a

Penticton Real Estate News | Jan 2022 We’re three weeks into the new year. Now that you’ve shaken off the cobwebs from the Holiday season you’re ready to move forward with your plans to make your dream come true – home ownership. There’s nary a

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

Penticton Real Estate News | Oct. 2021 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