3 Things You Need to Know in Real Estate & Mortgages #1

3 Things You Need to Know in Real Estate & Mortgages #1

Hey! Welcome to our monthly episode of 3 things you need to know where we round up the 3 biggest news articles. This month's guest is Edwin Astafanus a Realtor from Sutton West Coast Realty in Langley, BC. Watch the video and read below for links on the topics.

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The New World Order of Mortgage Rates - What you NEED to know

The New World Order of Mortgage Rates - What you NEED to know

Ok, so the title is pretty grim... the reality is that on Oct.3rd 2016 the government decided to make some pretty big changes to the mortgage industry. This not only changes your ability to qualify, and how interest rates are shaped, but also increased the cost to borrow money to buy a home! Read on for the full breakdown:

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Video: Are Tougher Mortgage Rules Coming?

If you're thinking about buying, investing or re-financing a home or investment property in the very near future you need to watch this video. As early as November 1st of 2016 residents of Langley, Vancouver, BC and all of Canada will likely be faced with tougher guidelines as a result of recent real estate price increases.

If you're ready to get off the sidelines and see if you can get approved, or want to find out more about re-financing to get rid of some debt while mortgage rates are so low. Call 604-619-3319 e-mail us or click the button below to book a call with us!

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Video: How Do The New Downpayment Rules Work?

Video: How Do The New Downpayment Rules Work?

Looking to buy a home in Canada in 2016. If you need to get a mortgage you will need to increase the amount of money you put towards your downpayment if you're purchasing a property of over $500,000. Get the goods and details from Alex McFadyen Mortgage Broker and his sidekick Mortgagepug.

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