April Dunn
Mortgage Broker/OwnerThe RED DOOR Mortgage Group – Mortgage Architects
Changing Lives: One Mortgage At A Time
Latest Blog Posts
New Rule Targets HELOC Holders
The word is out on a little-known policy used to qualify anyone with a HELOC who is applying for additional financing. Several of the Big Six banks have already adopted the policy, which requires applicants to prove they can afford the theoretical monthly HELOC...
B.C. government moves ahead with speculation tax on vacant homes
B.C.'s finance minister has introduced legislation to move ahead with a controversial speculation tax on vacant or underutilized properties. The bill ends months of speculation about how the province planned to use the new levy to help deal with runaway housing...
Why a Bank of Canada interest rate hike for October just got a lot more likely
National housing starts fell for the third consecutive month in October, in what some industry experts are calling a further sign that the Canadian housing market has adjusted to policy changes introduced earlier this year. Housing starts fell 5.1 per cent last month,...
Ways to Utilize a Reverse Mortgage
Probably the most common way to utilize a reverse mortgage is to pay off some existing debt or a mortgage while supplementing your retirement income but there are many other ways that a reverse mortgage can be used to assist you financially. You may not be sure how a...
This website reveals what your neighbours paid for their Vancouver homes — whether real estate boards like it or not
A BC website has started publishing local home-sales data, including previous sale prices, in a move one industry expert describes as likely “rogue.” Zealty.ca is working with BC-based brokerage Holywell Properties to publish transaction data scraped from the...
Benefits of Homeownership Reaffirmed in New Study
Despite deteriorating housing affordability across the country, buying a home is still the more affordable option when compared to renting. A new report from Mortgage Professionals Canada has determined that, despite the rapid rise in home prices, those who are able...
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