OSFI launches public consultation on guideline B-20 The Office of the Superintendent of Financial Institutions (OSFI), Canada's banking regulator, has proposed significant changes to housing finance, with the potential for three new limits on how lenders grant mortgages. The proposal comes [...]
October 28th 2020 | Central bank announcement This was the ninth interest rate decision of the year. The overnight rate remains at just 0.25 percent, which is incredible great news for borrowers currently in the market. [...]
Mr. Client: Hey Kyle I don’t understand what going on with lending rates. Could you get a mortgage for 2% right now? Sorry I have no idea about this stuff Kyle Wilson: Ok so let’s say you want to go buy [...]
How To Apply for the Home Owners Grant in 2020 How To Apply for the Home Owners Grant in 2020 If you live in the Kelowna BC area. This video will help you apply for [...]
Do I have to Pay Capital Gains when selling property? If this property is your primary residence. No, You will not pay capital gains when selling property on any appreciation or inflation of value that has occurred since [...]
Legal Suite vs Illegal Suite | Do Banks Really Care? Legal Suite vs Illegal Suite In Canada it can be challenging to differentiate if a secondary suite or basement suite is a Legal suite vs [...]
Pre Approve yourself | Qualifying for a Mortgage | Where to Start? Pre Approve yourself | Qualifying for a Mortgage | Where to Start? How much Mortgage can I qualify for? You may be asking [...]
Co Guarantor Vs Cosignor | Which Option Should I Pursue? Co Guarantor VS CoSignor You apply for a Mortgage or Car loan and the bank says “sorry you need a CoSignor”. Without explaining WHY [...]
Apply Annually for the Home Owners Grant Apply Annually for the Home Owners Grant Every year it is important to apply for the Home Owners Grant in your Municipality. Please watch the video to learn how [...]
