Mar 27, 2015 | Latest News, Mortgage Tips & Info, Resources for Buyers
Porting a mortgage lets you transfer your mortgage from one home – the house you are about to buy – to another home in the future, at the same terms and conditions of your current mortgage. You may have to have a separate contract for the additional funds... May 16, 2014 | Advice from Our Experts, Latest News, Mortgage Tips & Info, Resources for Buyers, Tips for First-time Buyers
As of May 30, 2014, Canada Mortgage and Housing Corporation (CMHC) is making it harder for self-employed home buyers to qualify for mortgage loan insurance. according to Andrew Peck, vice-president and general manager, Royal Pacific Realty Group. In Canada, home... May 14, 2014 | Advice from Our Experts, Latest News, Mortgage Tips & Info
As of May 30, 2014, Canada Mortgage and Housing Corporation (CMHC) is discontinuing mortgage loan insurance for buyers of second homes, according to Andrew Peck, vice-president and general manager, Royal Pacific Realty Group. In Canada, home buyers with less than a 20... Sep 2, 2013 | Advice from Our Experts, Latest News, Mortgage Tips & Info
Mortgage rates are at historic lows. At some time, these rates will head upwards. To help home buyers prepare, here are Royal Pacific Realty Group’s tips to reduce mortgage costs 1. Get a competitive rate. If you’re looking for a mortgage, shop around. Lenders... Feb 8, 2013 | Advice from Our Experts, Mortgage Tips & Info, Resources for Buyers, Tips for First-time Buyers
In “Why the Home Buyers’ Plan should be wound down” (Globe & Mail, February 4, 2013), Rob Carrick explains that a young couple with $20,000 in their respective RRSPs would be better off keeping their money in their RRSP which would “grow to roughly $96,000 in... Jul 27, 2012 | Latest News, Mortgage Tips & Info
If you’re self-employed, and you’re shopping for a mortgage, Royal Pacific Realty Group can help you! Self-employment is part of a growing trend. Ten years ago, one in six Vancouver area workers was self-employed. The ratio is now one in five workers and it’s... 
