Paul Shreenan, REALTOR®  250.509.0920

602 Baker Street Nelson, BC. V1L 4J4

new videos: TUES & THUR

Changes Coming to Uninsured Mortgages w/ Derek Diener

The OSFI has already imposed a 200 basis point stress test on purchasers that need to use mortgage insurance but now they’re going after uninsured borrowers in another attempt to use a One-Size-Fits-All tool for all 150+ Canadian Real Estate Markets. Derek Diener with Dominion Lending Centres-Bluetree Mortgages gives us a complete rundown:

2014 Real Estate Data coming in…

Vancouver, BC – January 13, 2015 The British Columbia Real Estate Association (BCREA) reports that a total of 84,049 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2014, up 15.2 per cent from 2013. After lagging for several years, BC home sales eclipsed the ten-year average of 82,000 units and the…