kelowna real estate market

Locking in a Variable Rate Mortgage

If you have a variable rate mortgage and recent economic news has you thinking about locking into a fixed rate, here’s what you can expect will happen. You can expect to pay a higher interest rate over the remainder of your term, while you…
kelowna real estate market

Credit and Mortgage Financing

What is credit and mortgage financing? Credit. The ability of a customer to obtain goods or services before payment, based on the trust that you will make payments in the future. When you borrow money to buy a property, you’ll be required…
kelowna real estate market

How to Handle Missed Payments

If you’ve missed a payment on your credit card or line of credit and you’re wondering how to handle things and if this will impact your creditworthiness down the road, this article is for you. But before we get started, if you have an overdue…

Houses in Kelowna BC Near Big White!

Winter is approaching rapidly in the Okanagan! There are already signs of snow at some houses in Kelowna BC. One of the biggest draws to real estate in Kelowna is the world-renowned ski hill, Big White. Families can enjoy a season of winter…
kelowna real estate market

How to Save Money for a Downpayment

How to Save Money for a Downpayment Whether you want to set aside money to buy a car or take a vacation, save up for a down payment on a property, or plan for your retirement, the principles are the same.  However, as you’re reading this…
kelowna real estate market

GDS/TDS Ratios Explained

GDS/TDS Ratios Explained One of the major qualifiers lenders look at when considering your application for mortgage financing is your debt service ratios.  Now, before we get started, if you prefer to have someone walk through these calculations…
kelowna real estate market

4 Ways to Access Your Home Equity

4 Ways to Access Your Home Equity If you've been a homeowner for many years, it is likely your property value has increased significantly. One advantage of homeownership is the opportunity to build equity. Home equity growth, partnered with…
kelowna real estate market

What is a “No-Frills” Mortgage?

A no-frills service or product is where non-essential features have been removed from the product or service to keep the price as low as possible. And while keeping costs low at the expense of non-essential features might be okay when choosing…
kelowna real estate market

Prepping houses for sale in Kelowna! The 2022 Version!

Are you looking to sell your home in Kelowna? If yes, you’re going to want to do a few things before showing your property. Buyers looking to purchase houses for sale in Kelowna in 2022 are looking for some key features. For instance, cleanliness…