Bank Of Canada Rate Reduction
The Bank of Canada announced a half percentage point rate cut on Oct 23 2024. This decision is poised to impact buyers and mortgage holders in meaningful ways. Lower interest rates generally translate to lower monthly mortgage payments, making homeownership more accessible for many. With the cost of
Recent changes to Canada’s mortgage stress test
Navigating the real estate market in Canada is always a dynamic experience, and recent changes to the mortgage stress test are set to make it even more interesting for buyers. As of November 21, 2024, significant adjustments have been implemented that could positively impact your home-buying journey
The Impact of Outdoor Living on Nelson’s Real Estate
In recent years, Nelson has witnessed a shift in homebuyer preferences, with outdoor living spaces becoming an increasingly sought-after feature. This trend reflects a broader lifestyle change, as more people recognize the value of connecting with nature and enjoying all that our Kootenay climate h
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