29 Meetings

The Bank of Canada met this morning and, to no one's surprise, they kept the prime rate steady. This is the 29th consecutive meeting without a rate change which has left prime stable since September 2010. Fixed rates have also remained rock bottom with rate sales and specials jumping out everywhere. Buyers are eagerly picking up properties across the Lower Mainland and several of my clients even been in bidding wars on homes last week. If you are considering buying a home, now is the time to get pre-approved. Determining your purchasing power before you start shopping is key. By knowing what you can afford, you can better know what price range to shop in and save time and money when the perfect home becomes available. Call me today to get started.