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Big Banks Divided on Bank of Canada Rate Cuts
The big banks are split on how much the Bank of Canada (BoC) will cut interest rates in 2024 and beyond. While most expect the overnight...
ericlyle
Mar 251 min read
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North Vancouver Real Estate Market Update – March 2025
Stay updated on the North Vancouver real estate market with the latest home prices, trends, and sales activity.
ericlyle
Mar 241 min read
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Why North Vancouver Homebuyers Trust EMC for Mortgages
Essential Mortgage Company
ericlyle
Feb 242 min read
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Bank of Canada Cuts Rates by 0.50% – What Does This Mean for You Variable Rate Mortgage Holders out There?
Big news today from the Bank of Canada! They’ve decided to cut their key interest rate by 0.50%, a move that could have some noticeable...
ericlyle
Dec 11, 20241 min read
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Property Transfer Tax – Rip Off or Necessity?
Let’s talk about the Property Transfer Tax (PTT) in British Columbia. Introduced back in 1987, it was meant to be a “luxury tax” for...
ericlyle
Oct 10, 20241 min read
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The Newest Mortgage Renewal Strategy - Does it work?
The popular strategy among Canadians approaching mortgage renewal these days is opting for a Variable rate instead of a short-term fixed...
ericlyle
Sep 24, 20242 min read
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Who Pays Mortgage Broker fees in Canada?
A common question I receive from new clients is, "How much will I have to pay you?" The answer is often $0.00! For typical borrowers who...
ericlyle
Sep 22, 20242 min read
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Fixed vs. Variable: What’s the Best Choice for You?
One of the most common questions I’m hearing from clients these days is: should I choose a fixed or variable mortgage rate? With Canada’s...
ericlyle
Sep 19, 20241 min read
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Big Changes in CMHC Mortgage Rules: What You Need to Know
Big Changes in the Canadian Mortgage World
ericlyle
Sep 16, 20241 min read
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Mortgage Broker Myths & Misconceptions Cleared Up
Full disclosure: as a mortgage broker, my advice is undeniably biased. However, I genuinely believe that consulting with a mortgage...
ericlyle
Sep 13, 20242 min read
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Bank of Canada - Rate Cut
Bank of Canada Cuts Overnight Rate by 0.25%: What It Means for Your Finances In a widely anticipated move, the Bank of Canada has reduced...
ericlyle
Sep 4, 20241 min read
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Read the fine print - are we in Recession?
It's getting harder and harder to say we aren't in recession Canada’s GDP Growth: A Closer Look at Q2 2024 Canada’s economy showed a 2.1%...
ericlyle
Aug 30, 20241 min read
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Lower Faster?
It looks as though Bank of Canada is prepared for its third consecutive interest rate cut next week. Economists are also anticipating a...
ericlyle
Aug 27, 20241 min read
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Is the Bank of Canada Poised for Another Rate Cut?
The stage is set for Bank of Canada to cut interest rates on Sept 4th
ericlyle
Aug 23, 20241 min read
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