Dan Pultr Mortgage Broker Vancouver British Columbia
105-1385 West 8th Avenue V9H3V9 Vancouver, BC, Canada

Bank of Canada continues to hold rates. So variable rate clients continue to benefit. They have reiterated their bond buying quantitative easing of $4B per week and make mention of the fact they forecast not moving rates until 2023. https://www.bankofcanada.ca//fad-press-release-2021-03-10/

Roses are Red Violets are Blue Our favourite colour is Orange And we love doing your mortgage... That rhymes enough right?

Gngx fcái, hóngbo ná lái

Do not throw this out Spec Tax Deadline March 31st You'll need:... The Letter with the Code and ID Address SIN or BN Gov.bc.ca/spectax

Thankful for friends, clients, colleagues and... ....this great country we live in Enjoy the long weekend with family and friends and stay safe.

Do you know who is running in your riding? Check this out if not. Also, apparently you can request a mail in package up until October 17th, just needs to be received by elections BC October 24th.... https://elections.bc.ca//provincial-candid/candidate-list/

Bank of Canada held rates today, which is interesting but not surprising. These charts though COVID has:... -Materially increased savings rates -Impacted high income earners much less than middle to low income earners -Seen a massive rebound in sales activity for real estate For more interesting discoveries by the BC Real Estate Association check out their latest findings. https://www.bcrea.bc.ca//The-Unusual-World-of-Pandemic-Eco

Happy Labour Day everyone, hope you are enjoying your last hurrah of Summer!

This year we celebrate 30 years in the business. We are extremely fortunate to call you clients, friends, colleagues and partners. Thank you, and here's to another 30 years!

Is the dream of home ownership disappearing for our future generations? What do you think?

Enjoy the long weekend!

Economists agree it's a long road to recovery, but what letter will symbolize the recovery is another question? I think the Nike swoosh or W is most likely, and it's not an L What do you think?

"Interest rates are very low and they are going to be there for a long time...you can be confident that interest rates will be low for a long time" The Governor of the Bank of Canada being "unusually clear" about interest rates as Canadians face unusual certain.

Ever wonder how your credit score is calculated? 35% Payment History 30% Credit Balances vs Available Limits 15% Credit History... 10% Public Records like Bankruptcies or Collections 10% Inquiries If you want to learn more about yours, feel free to reach out.

During these challenging times in the World, it makes me incredibly proud of the country we get to call home. Happy Canada Day!

UPDATE: Great news...Genworth Canada, one of the competitors to CMHC will not be making the same changes as CMHC...this helps First Time Home Buyers and those with less than 20% down...THANK GOODNESS FOR COMPETITION. http://genworth.ca/en/about-us/news-releases.aspx CMHC is making changes to their policies effective July 1, making it harder for people with less than 20% down to purchase a home.... They did this because concerns around home values dropping 9-18% due to COVID. The sad part is the individuals this impacts most is First Time Home Buyers. The Home Owners that may be impacted by COVID, already own homes. At a time when we need all the economic activity we can get, this seems like the wrong decision and may actually increase the likelihood of a decrease in home values. Only time will tell. https://www.cmhc-schl.gc.ca//cmhc-reviews-underwriting-cri https://www.canadianmortgagetrends.com//reaction-cmhcs-ne/

Thank you for the vote of confidence Rob Carrick "If you’re buying a home or renewing a mortgage, by all means ask your bank for its best offer. Then consult a mortgage broker to compare both the rate and the breakage penalty. Your bank may compete on rates, but the high breakage penalty is built in." https://www.theglobeandmail.com//article-an-argument-for/