​JOHN KNOX - REALTOR®/OWNER, President  | Fair Realty | Nelson, BC | (p) 250.777.2500 | (e) john@johnknox.ca

© 2010 - 2018 by John Knox Personal Real Estate Corporation  | Photo of Nelson courtesy of Dave Loewen

Informative article by Erica Alini, National Online Journalist on the implications of the new mortgage rules.

"Come Jan. 1, 2018, Canadians getting, renewing or refinancing a mortgage might have to prove that they would be able to cope with interest rates substantially...

Others think extra debt should be avoided: poll

In January 2017, the government of B.C. started offering 25-year loans for first-time homebuyers applying for mortgages. The B.C. Home Owner Mortgage and Equity (HOME) Partnership program will meet the buyer’s contribution...

January 16, 2018

“Robust housing demand in 2017 was underpinned by a strong economy, employment growth and rising wages," said Cameron Muir, BCREA Chief Economist. "Above trend migration, both international and inter-provincial, also bolstered housing demand, while broader demographic...

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