Whistler Mortgage News

Keep up to date with mortgage news relevant to Whistler BC Canada.
Education is the key to knowing what the difference between mortgage trends and what you can expect in the future.
A professional Whistler mortgage broker can help you with making important mortgage based decisions.

No Mortgage Change

May 31, 2018

The Bank of Canada has announced the benchmark rate will remain unchanged at 1.25% but several clues in their policy statement point to an imminent rate increase. Policy makers now say they will take a “gradual” approach. “Developments since April further reinforce...

How much will new interest rates cost the average homeowner?

Jan 19, 2018

The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity,” the Bank of Canada said in a statement. What this means as far as...

New Mortgage Rules what you need to know

Dec 18, 2017

Starting January 1, 2018, Canadian home buyers will need to meet stiffer guidelines in order to qualify for a mortgage with a federally regulated mortgage lender. The rules now require the minimum qualifying rate for uninsured mortgages to be the greater...