Skip to Content

Monthly Archives: October 2012

Paying Off Your Mortgage Faster – 10 Quick Tips

Written on October 24, 2012 at 3:33 pm, by

Don’t waste your hard-earned money on interest! These methods have allowed many people to shorten their mortgage life by years in a very short period and enjoy a greater lifestyle for a longer period.   One of the highest financial priorities of Canadian homeowners is to pay off their mortgage as quickly as possible. Paying  Continue Reading »

Bank of Canada Interest Rate Announcement – Oct 23, 2012

Written on October 23, 2012 at 8:41 am, by

The Bank of Canada once again opted to hold its target for the overnight rate at 1 per cent this morning. Interest rates have been held constant for over two years, the longest such period since the 1950s.The Bank somewhat tempered its bias for higher future interest rates, including a softer statement regarding the appropriateness  Continue Reading »

Victoria’s Real Estate Market – Show Me The Beef!

Written on October 12, 2012 at 2:18 pm, by

I attended the Annual Victoria Real Estate Board election meeting this week where Cameron Muir, Chief Economist of BC Real Association spoke. He had some strong, positive news to report and feels the media and news are exaggerating some of the declines these past few months and feels as we head into 2013 we will see  Continue Reading »

Victoria Real Estate Market at a Standoff as Prices Remain Steady

Written on October 1, 2012 at 3:52 pm, by

VICTORIA BC – REALTORS® across Vancouver Island are experiencing a “wait and see” attitude amongst buyers and sellers alike. The result? Prices remain steady but sales numbers are down in some categories. Total MLS® residential sales for September 2012 were 400 compared to 435 in September 2011. During the month, 216 single family homes sold  Continue Reading »