Brent's Blog

Close to 70% of renters in Canada said they would be willing to delay major purchases and more than half would give up vacations to own their own home, according to Genworth Financial Canada's most recent First-Time Homebuyer's Monitor "The First-Time Homebuyer's Monitor results confirm something...

5 Key Ways to Help Improve Your Credit Score Leading up to the holidays is the perfect time to think about things like improving your credit score and consolidating debt. After all, the holidays are a joyous time that should not be overshadowed by financial woes. And even if your credit score is ...

In an article dated November 11, 2008 in the Vancouver Sun they point out 3 ways that you can avoid having to meet the Federal Governments minimum requirement of a 5% down payment on a property purchase. The 3 basic ways in the Vancouver Sun article in which you can avoid the 5% down payment are ...

Most mortgage brokers are experts that work hard finding the right mortgage solution and simplifying the mortgage financing process. Brokers complete all the paperwork and keep up-to-date on industry issues and changes that could affect the decision you make about which mortgage solution is right...

CMHC will now allow real estate investors to purchase rental properties with NOTHING down. This is an innovative product launch by CMHC. Previously, the most generous programs were those offered by Genworth and AIG with 10% down. According to CMHC there is no limit to the number of rental propert...

For most people, obtaining a mortgage is likely the largest financial transaction their lifes. It is important to have as much knowledge as possible to make an informed decision. We have compiled a list of nine basic mortgage questions. Ask your Lender these questions and sit back and listen to t...

MyMortgageBC.com note: The most common approach for estimating residential values in Canada for mortgage purposes is what appraisers call the comparison approach.An appraisal is an estimate of the current value of the property (the 'subject property'), using one or both of the following technique...

People are becoming more particular when it comes to choosing their mortgage broker.  Mortgage brokers in Canada currently write about 33% of the total mortgage business, while in the U.S. mortgage brokers write closer to 85 per cent.  It would only make sense that the need and advantages of usin...

MyMortgageBC.com note:  I'm a mortgage broker in White Rock, Surrey, Vancouver and Langley.  Based on this recent press release it as if the fraser valley housing sales remain strong.   August 2, 2007(Surrey, BC) – Sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) i...

Top Ten Renovation Paybacks Top 10 Renovation Return on Investment The real estate appraisers’ top 10 reno projects with the best value per dollar spent. (The potential percentage payback per dollar invested is in brackets) Painting and decorating, interior (73%) Kitchen renovation (72%) Bathroo...