OSFI Considers Increasing Stress Test For Uninsured Mortgages

Kim PhillipsReal Estate

Sound residential mortgage underwriting is always important for the safety and stability of financial institutions; today it is more important than ever. – Jeremy Rudin, Superintendent The Office of the Superintendent of Financial Institutions (OSFI) restarted its consultation on the minimum qualifying rate for uninsured mortgages, and re-emphasized the importance of sound mortgage underwriting. This is likely stemming from several … Read More

Easter Long Weekend Activities For Families

Kim PhillipsCommunity

We absolutely love Easter! It falls at a perfect time when the weather starts to warm up, the birds are singing, and gardens are beginning to bloom. Here is Surrey, we have an abundance of cherry blossom trees that are starting to flower. There is nothing quite like spring in the Lower Mainland! It is truly a delightful time of … Read More

Your BC Property Assessment For 2021

Kim PhillipsInside Fraser Valley, Real Estate

It’s that time of year again! The B.C. Assessment Authority released its online record of property valuations for 2020. BC Assessment collects, monitors and analyzes property data throughout the year. Property assessments are based on property values as of July 1st of every year. Interested in learning more about the assessment process, appeals and what the results mean for you? … Read More