Nanaimo & Vancouver Island Mortgage Blog

  • August 5, 2020
  • Posted by Sand Dollar Mortgage Corp

Top 3 Home Improvement Ideas to Increase the Value of Your Home in Nanaimo, BC

Homeowners are often excited about home renovations and updates. Some property owners also use that opportunity to fulfill their wish lists, such as adding a master bedroom or hardwood flooring. Wit

  • July 20, 2020
  • Posted by Sand Dollar Mortgage Corp

5 Things NOT To Do When Selling Your House in Nanaimo, BC

The process of selling a residential property can be time-consuming and emotionally involving, especially if it is your first sale. While your home's curb appeal influences a prospective buyer's poten

  • July 15, 2020
  • Posted by Sand Dollar Mortgage Corp

July 15 - 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1

  • July 8, 2020
  • Posted by Sand Dollar Mortgage Corp

Home Inspections, How They Can Benefit Home Buyers and Sellers in Nanaimo, BC

Owning a home is one of the most valuable investments you can make. While good living spaces should be as comfortable as possible, with time they should also be able to increase their ROI. That's why

  • June 15, 2020
  • Posted by Sand Dollar Mortgage Corp

Useful Tips for Buying and Selling A Home During Covid-19 in Nanaimo & Vancouver Island, British Columbia

The coronavirus pandemic has derailed buying and selling activities in the property market. Albeit fewer homes have been listed for sale, the industry is gradually recovering. Prospective buyers can m

  • June 3, 2020
  • Posted by Sand Dollar Mortgage Corp

When Is Mortgage Refinancing a Bad Idea in Nanaimo & Vancouver Island, British Columbia?

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when int

  • June 3, 2020
  • Posted by Sand Dollar Mortgage Corp

Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1

  • May 20, 2020
  • Posted by Sand Dollar Mortgage Corp

Is it a Good Time to Become a First-Time Home Buyer in Nanaimo, British Columbia?

We are facing a challenging time as we work together to combat COVID-19 in our country and even our own neighborhoods. With so much uncertainty in the air, is it a good time to think about buying a ho

  • May 6, 2020
  • Posted by Sand Dollar Mortgage Corp

5 First-Time Homebuyer Mistakes To Avoid

Buying your first home is a scary and exciting process because it’s a HUGE commitment. It’s easy to get swept up in the excitement of home shopping and mistakes can leave you with buyer&rs

  • April 15, 2020
  • Posted by Sand Dollar Mortgage Corp

5 Smart Ways to Use a Home Equity Line of Credit

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a

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