Kim Livingston IMC Integra Mortgage Corp Dominion Lending Centres
#201 - 239 Victoria Street V2C 2A1 Kamloops, BC, Canada

Good news for First Time Home Buyers - starting January 16, 2017 the BC Government will match your down payment (up to $37,500) with a 25 year term second mortgage. No payments are required and no interest will accrue until the 6th year. You must qualify for and be pre-approved for a first mortgage before applying, have a combined gross income of $150K or less, have saved at least half of the minimum down payment required... these are some of the applicant requirements... if you think this may be something for you, send me an email and I can go through the rest of the requirements in detail.

Residential Market Update by Maria Broekhof December 5th, 2016 The latest changes to home buying rules are now, fully, in place. The final phase - the closing of a tax loophole on capital gains - took place on November 30th.... More strenuous stress-tests for mortgage borrowers were implemented back in October but those moves do not appear to have led to any material change in the market behaviour across the country. The November numbers show the market is still booming in the Greater Toronto Area. Prices are up 23% with sales up 16.5% year-over-year. Vancouver continues to experience a slide that began back in September. November prices slipped 1.2% from October but they remain more than 20% higher than a year ago. Many market watchers cite Vancouver's 15% foreign buyer's tax as the cause of the slow down, but there are indications foreign buyers are coming back. Government figures show foreigners made about 3% of the purchases in Greater Vancouver in October, up from 1.8% in September. In Calgary prices dipped nearly 4.1% y/y with sales dropping 17%. While the new rules are seen as a contributing factor, slumping oil prices remain the major problem. As of this writing the Montreal Real Estate Board had not released it's November figures.

Welcome to Kamloops' newest urban neighbourhood. The Reach is a vibrant, urban community that invites people to live, work, learn and play adjacent to one of Canada’s most scenic and modern universities. http://ow.ly/5wBT306hXoV