Hilbert&Crick Are Looking Back at 2021!

To cap off another amazing year in Kelowna real estate, the team at Hilbert&Crick have compiled a year-end recap of our blog content. In this post, you’ll be able to read a quick summary of every article from 2021. Over the past year,…
Kelowna mortgage tips

Porting Your Mortgage

Porting your mortgage is when you transfer the remainder of your current mortgage term, outstanding principal balance, and interest rate to a new property if you’re selling your existing home and buying a new one. Now, despite what some big…

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…

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…

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…

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…

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…

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…