Newly Launched Fundible Allows Canadians to Buy Before Selling

A new Canadian startup is looking to shake up the homebuying process by allowing homeowners to make their next purchase before the sale of their current home. Fundible, which officially launched today in Alberta and Ontario, boasts 100% assured financing so that a homebuyer can make a financing-free purchase offer without having to worry about […]

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How a Mortgage Pre-Approval Can Protect You from Rising Rates

Over the past month, we have seen several fixed mortgage rate hikes from the banks and other lenders. We all suspected rates would rise eventually, but this is happening much sooner than expected. Do rising interest rates affect mortgage pre-approvals? Rising interest rates make mortgage pre-approvals much more relevant and meaningful. Not only does a mortgage pre-approval give you […]

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Record-breaking number of new home listings in the Fraser Valley, while house prices soar in Metro Vancouver

The benchmark price of a detached home in the Fraser Valley rose to nearly $1.7 million and over $2 million in Metro Vancouver. The average price of townhome in Metro is now over $1 million. Homebuyers might be eyeing the Fraser Valley after a record volume of new listings in February, while home prices soared […]

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Home sales set for the second ‘most remarkable’ year in Canadian real estate history

2021 by all accounts was a record-breaking year for Canadian real estate — a blockbuster for sales, prices and low inventories. Such a pace is unsustainable, most agree, but how much of a comedown are we in for? “Canada’s housing market isn’t about to buckle,” writes RBC senior economist Robert Hogue in a recent report. […]

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With new micro-credential, Greater Vancouver Board of Trade and BCIT aim to raise the province’s ESG game

A growing force for good in business just met one of the hottest trends in education, courtesy of two local players. The Greater Vancouver Board of Trade (GVBOT) and BCIT have launched the ESG (Environmental, Social and Governance) Fundamentals Microcredential. This new program aims to help give British Columbians the skills they need to put the province at the head […]

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The Bank Of Canada Is Unlikely To Raise Rates & Real Estate Needed Higher Rates Last Year

Canadian bond yields are soaring, but the central bank isn’t expected to raise rates. At least not yet, according to an analysis from BMO Capital Markets. Government of Canada (GoC) bond yields showed a multi-year high for annual growth in 2021. This means rising market expectations of the overnight rate climbing in the near-term. Despite soaring […]

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