Deb Robson
110-6086 Russ Baker Way V7B 1B4 Richmond, BC, Canada

March 2, 2021 Home buyer competition intensifies across Metro Vancouver’s housing market Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market. ...Continue reading

Half of Canadians aged 25 to 35 own their home!

Gord Pipkey - Mortgage Consultant 604-279-8090, Cell 604-230-7721, [email protected] Subject: Property Transfer Tax Exemption (PTT)... It is common knowledge that for a 1st-time buyer on a purchase of a resale up to $500,000 is exempted and then prorated from $501,000 to $525,000 and fully exempted as well on a purchase of a "New Built" up to $750,000 exclusive of GST and prorated from $751,000 to $800,000. This "New Built" exemption is NOT LIMITED to first-time buyers only. To qualify for the exemptions the requirement is the buyer occupies the residence for a minimum of 1 year. RATES ARE SUBJECT TO CHANGE 2.39% 1 year closed 2.19% 2 year closed 2.09% 3 year closed 1.79% 4 year closed 1.69% 5 year closed 1.45% 5 year variable closed 2.45% bank prime ** Insurable rate quotes Rates as of January 25, 2021