Kofsky Mortgage

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In Vancouver BC, it always appears that the real estate market is going up. Everyone is trying to get a piece of the action and get involved. Investing in real estate is a great way …
All the signs are pointing that we are in a heating up housing market. Buyers are coming and are looking at homes. Last month’s Canadian Real Estate Report shows over a 60% increase in sales …
There are two common mortgages in Canada. Fixed-Rate Mortgage Variable-Rate Mortgage Fixed-rate Mortgage A fixed-rate mortgage is simple. A bank quotes you an annual percentage rate and term. As an example, you are quoted 2.5% …
Big earth-shattering news just came out a few days ago when the CMHC, which are the insurers for mortgages, made a big change to the home buying landscape. Effective July 1st CMHC is reducing its …
What’s going on? What does this mean? How can this help you? Big News! On Monday, The Bank of Canada is set to reduce its qualifying rate ten basis points, from 5.04% to 4.94%. This …
COVID-19 has been a very interesting time for most British Columbians. One of the biggest impacts has come from the economy, unemployment, and homeownership. The government thankfully has come to the table with quite a …
Over the past few days, there has been a lot of questions around the relief from insurers and lenders. At this point it is still fairly grey in what has come forward however I have …
I like all Canadians across the country am expressing concern for those directly impacted by COVID-19. I myself have a few friends that are experiencing full isolation and some financial hardship. The good news is …
I just wanted to take a sec and share a little bit of information as you are getting ready on your homebuyer’s journey. I get asked all the time what are some great ways to …
This is a great question and I get asked it all the time. Saving for your own down payment to buy a home can seem overwhelming. First-time homebuyers and even those who’ve gone through the process before …
A: Yes! Your mortgage is a big decision and often the largest loan of your life up to this point and as such you will want what is best for you and your lifestyle. A …
Want to save money? Here are 6 tips that can help you save some money. Whether you are renewing your mortgage or just about to leap into home ownership, you must make sure you find …