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Mortgage News and Helpful Tips for Home Buyers

Okanagan Wildfires Impact on Real Estate Market 2023-24 Another summer has passed, and another summer has left an indelible mark on the BC Okanagan Valley as wildfires raged once again. While Penticton was spared, the Kelowna area was not so lucky. The persistent occurrence has

Okanagan Real Estate News | Sept 2023 It’s been awhile since our last Okanagan real estate news update. Our Penticton mortgage brokers office has been busy, and our fearless leader Rene Carloni has been on a globe-trotting mission on behalf of clients who are in

Rene Carloni’s European Tour! And just like that, the summer season of 2023 has come to a conclusion. It was a big one for the Carloni Mortgage Brokers office, and not just because of the numerous clients that we helped secure dream homes for across

Carloni Heads to Amsterdam to Shine a Red Light on Real Estate Just as quickly as Rene Carloni explored the Northern Gulf Islands to find BC buyers a second home this summer, our globe-trotting mortgage broker is at it again. Only this time, he’s flying

Carloni Takes to the Air (and Sea) to Find BC Buyers a Second Home

Will Mortgage Rates Ever Go Back Down Again? You’re itching to buy a home in the BC Okanagan Valley. Why wouldn’t you, given that it’s the best place to live in the province and country!? We know, you’re hesitating because the mortgage rates have been

Can You Get Out of a 5-Year Fixed Mortgage? Are you preparing to buy a home and considering a 5-year fixed rate mortgage? As someone who prefers the consistency and low risk of a fixed mortgage over a variable model, this seems to be the

Should You Consider a Short Term Fixed Rate Mortgage? The Bank of Canada rolled back on their earlier indication that they would hold the prime rate steady through rest of the year by raising it on June 7/2023. If they don’t do it again on their July

Okanagan Real Estate News | June 2023 Summer “break” is almost here and things are heating up in the Okanagan Valley. Is it just the weather that we’re talking about, or will the real estate market bounce back after a bit of a slow down

What to Do When Mortgage Rates are High in BC Canadian Mortgage Trends reports that BMO, CIBC, RBC and the National Bank have increased their posted fixed rates at the onset of June. The remainder of Canada’s Big 6 banks are likely to follow suit.

Is a Mortgage Broker Necessary in BC? You’re ready to enter the real estate market. The next step is to connect to a mortgage broker, but you can’t help but wonder if doing so is indeed a prerequisite to buying a home. Doesn’t adding a

Own a Business, But Not a Home? You’re Missing Out! Congrats on leaving the 9-5 grind behind to run your own business venture. It must feel good to retreat to your very own home at the end of each day to bask in the rewards