Nanaimo & Vancouver Island Mortgage Blog

  • April 7, 2021
  • Posted by Sand Dollar Mortgage Corp

Buying A Home As A Senior Citizen | Nanaimo, BC

Buying a home is for everyone - or those who can afford to pay for their mortgage. Albeit you're 60 or 70 years old, it's possible and beneficial to own a home so long as you have the financial means

  • March 10, 2021
  • Posted by Sand Dollar Mortgage Corp

Top 10 Considerations When Moving to a New Area in Nanaimo, BC

Peak Moving Season being just around the corner, most movers and other professionals in the industry will tend to encourage moving during the offseason. No matter where you are moving to, here are som

  • March 10, 2021
  • Posted by Sand Dollar Mortgage Corp

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The B

  • March 1, 2021
  • Posted by Sand Dollar Mortgage Corp

Multi-Family Lending: What You Need To Know About Hard Money Loans in Nanaimo, BC

Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad

  • February 17, 2021
  • Posted by Sand Dollar Mortgage Corp

Why Borrowers May Choose a Private Mortgage in Nanaimo, BC

Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the

  • February 3, 2021
  • Posted by Sand Dollar Mortgage Corp

How to Handle a Mortgage After a Separation or Divorce in Nanaimo, BC

Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq

  • January 20, 2021
  • Posted by Sand Dollar Mortgage Corp

Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The B

  • January 18, 2021
  • Posted by Sand Dollar Mortgage Corp

How Good vs Bad Debt Impacts Your Household in Nanaimo, BC

In order to understand the difference between good and bad debt, it's important to track your income and expenses and established saving goals for your family. Financial stability allows you to mee

  • January 5, 2021
  • Posted by Sand Dollar Mortgage Corp

Benefits of Investing in Multi-Family Real Estate in Nanaimo, BC

  What is Multi-Family Real Estate? Any residential property that contains more than one housing unit is classed as multi-family real estate. Some of the most prevalent examples of multi-fami

  • December 9, 2020
  • Posted by Sand Dollar Mortgage Corp

Dec 9-2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.

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