Huber Mortgage

04/25/2024

The Window Perch of the Reggie Cat. Chillin' villain.

04/25/2024

Home equity line of credit VS Mortgage

The facts on each way to borrow.

Borrowing Money from Your Home: Mortgage vs. HELOC Are you considering tapping into the equity of your home but feeling unsure about the best route to take? When it comes to borrowing against your property, two popular options stand out: mortgages and HELOCs (Home Equity Line of Credit). Let’s exp...

04/19/2024

The way I will spend my days...if I reincarnate intelligently.

04/11/2024

What do you think of the Canadian government's move to increase mortgage loan amortizations to 30 years for new builds?

30-Year Amortizations on Canadian New Builds What's the Story? The Canadian governemnt has declared that first-time homebuyers purchasing newly built homes will be eligible for 30-year amortization periods on their insured mortgages. This new measure, set to take effect on August 1, 2024 aims to mak...

03/25/2024

Avoid Rookie Mistakes with your Investment Real Estate - ever heard of Cash damming?

03/14/2024

First Time Home Buyers*** The BC government has finally implemented a new policy to help you purchase your first home...and potentially save you up to $8,000.

The First Time Home Buyer Property Transfer Tax Exemption limit has been increased from a total purchase price of $500,000 to $835,000. So now you can ACTUALLY buy a house and get the PTT exemption.

BC Property Transfer Tax Exemption Rises to $835,000 Purchase Price Massive Change to First Time Home Buyer Property Transfer Tax Exemption In a groundbreaking move to tackle the soaring housing prices and bolster affordability, the Government of British Columbia has unveiled three significant chang...

03/04/2024

Massive News - BC's Property Transfer Tax Exemption for First Time Home Buyers has INCREASED to $835,000

Read this article to understand how these new rules affect First Time Home Buyers, New Home Purchasers and those investing in Rental Units

BC Property Transfer Tax Exemption Rises to $835,000 Purchase Price Massive Change to First Time Home Buyer Property Transfer Tax Exemption In a groundbreaking move to tackle the soaring housing prices and bolster affordability, the Government of British Columbia has unveiled three significant chang...

02/27/2024

1 in 4 Canadian Families Plan to Invest in Rental Real Estate

In uncertain times, many Canadians are turning to real estate investment to secure their family's future. Despite market turbulence, 1 in 4 Canadians plan to invest in rental properties for long-term benefits. Why? Because the growth potential far outweighs the risk.

Real estate offers long-term appreciation, like planting a seed and watching it grow. With property values increasing by an average of 6% annually in Canada, your equity grows, providing a solid financial foundation.

But it's not just appreciation; it's improved cash flow too. Rental properties can generate steady income, easing financial stress and adding to your pocket each month.

Plus, there's financial flexibility. Growing your real estate portfolio unlocks equity, allowing access to more funds for further investments or other goals.

Despite uncertainties, real estate offers security and peace of mind. Let's discuss how it can shape your family's financial future. Ready to explore? Let's connect! 🏡💼

02/20/2024

Saving for a child's education?? Check this out RESP vs. RENTAL property comparison.
Gotta have all your options available in this topsy turvy knockabout world right?

11/23/2023

Canadian lenders are trying to get you to sign a mortgage renewal...but their rates are too high!

Get a second opinion!

Please...don't sign your mortgage renewal form At least get a second opinion before you sign. Why? Because mortgage lenders are sending out mortgage renewal letters right now with rate offers that are way too high. I’ve seen over 10 mortgage renewal letters in the past few months with rates that a...

11/09/2023

The CEBA Small Business loans are coming up for obligatory repayment on January 18, 2024.

If you're a small business owner and can pay back the balance, you'll receive loan forgiveness of up to 33% (up to $20,000).

If you're unable to pay the balance of the loan back, you'll be required to pay back the full loan.

This is another situation where a mortgage refinance could be worthwhile; especially if your mortgage renewal is happening soon.

Using a mortgage refinance to consolidate your consumer debt as well as your outstanding CEBA loan may be the answer to restoring your personal and business cashflow as well as receiving the 33% loan forgiveness provided by the government if CEBA loans are paid back by the 18th of January.

Give me a call to discuss at 250-212-7954 and we’ll find a solution that works for you.