Newsworthy

OPEN HOUSES! SUNDAY JUNE 24th 2-4PM

OPEN HOUSE Sunday June 24th 2-4PM 11973 Briarwood Pl.,Delta Pretty as a Picture! Don’t miss out on this beautiful Cape Cod style home located on a quiet cul-de-sac in the desirable Sunshine Woods Subdivision. Lots of updates including spectacular kitchen featuring soft close and pull out cabinets, granite counter tops, gas stove, bathrooms completely renovated,…

Details

Ottawa Tightening Mortgage Rules – Effective July 9th,2012

 BILL CURRY, GRANT ROBERTSON and TARA PERKINS -OTTAWA AND TORONTO — The Globe and Mail

Ottawa will announce two other changes, according to a source. It will no longer allow high-ratio mortgages over $1-million, and it will cap the gross debt service (which looks at a consumer’s total debt payments as a percentage of their income) at 39 per cent. While many banks tend not to allow mortgages over 40 per cent, there had been no official rule in place.

The Bank of Canada is expected to keep interest rates low for some time because the economy shows little sign of a strong recovery, so tightening mortgage rules is one way to ensure Canadians don’t get in over their heads during a prolonged period of ultra-low interest rates.

Details

NEW PRICE! #202 8068 120A ST.,SURREY

NEW PRICE $184,000 #202 8068 120A St., Surrey MELROSE PLACE. A great layout! Many updates over the years that include laminate flooring, light fixtures and plumbing fixtures. Modern paint and decor, gas fireplace and insuite laundry. Close to great shopping and transportation. The building has been rainscreened. The building interior hallways have also been updated…

Details