Craig Woodward Producers West Financial DLC

05/28/2026

09/30/2025

04/11/2025

02/01/2025

Owning a home might be closer than you think! Imagine having a place that’s completely yours—no landlords, no restrictions, just your own space to enjoy.

Start by meeting with a mortgage lender to see what works for you. Once you’ve got that sorted, reach out to us, and we’ll get started on the fun part—finding your dream home!

www.HighPeakBC.ca
[email protected]
604-729-8221
Royal LePage ELITE West

01/29/2025

Adjustable Mortgage or Variable Mortgage

01/29/2025

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Bank of Canada Cuts Policy Rate By 25 BPs The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned with this expectation. The Fede...

03/21/2023

https://dominionlending.ca/economic-insights/canadas-headline-inflation-cools-in-february

Further Decline in Inflation in February Will Keep the Bank of Canada On Hold in April All eyes will be on the Federal Reserve tomorrow when they decide whether to hold rates steady because of the banking crisis or raise the overnight rate by 25 basis points (bps). Before the run on Silicon Valley B...

01/27/2023

Some food for thought....If you could have a mortgage of $217,341 smaller than if you purchased in 2022, would you pay $119 more per month now?

Despite higher current interests rates and lower housing prices, buyers may notice little difference in their monthly mortgage payments. This provides an opportunity for buyers to purchase a home today, at a lower price point and a lower down payment.

You will notice in the example below that in 5 years your balance owing on your mortgage will be $217,341 lower with purchasing a home today. This is a potential for more equity in your home in the future. The numbers are for an average priced detached home in Maple Ridge with a conventional mortgage.

Thanks to our referral partner and trusted mortgage broker, Craig Woodward, for sharing the information.

We are happy to chat with you anytime about any questions you have with real estate.
Chris Neyedli 604-729-8221
Keller Williams Elite Realty
www.HighPeakBC.ca