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Sameer Nagpal
May 21, 20201 min read
Home Prices to Fall up to 18%, Min Down payment may rise to 10%, Stress test to fall by 10 BPS
These are the most confusing times and many wonder what's next. Coming this summer, you will see a lot of changes by CMHC, BOC and...
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Sameer Nagpal
May 19, 20201 min read
Stress Test Rate to Drop?
June 3rd 2020, BOC (bank of canada) might announce to drop the stress test Both RBC and BMO cut a number of their posted mortgage rates...
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Sameer Nagpal
May 13, 20201 min read
Housing Market Slows, but Resilient in Response to Pandemic
Vancouver, BC – May 13, 2020.The British Columbia Real Estate Association (BCREA) reports that a total of 3,284 residential unit sales...
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Sameer Nagpal
May 8, 20201 min read
Vancouver home prices remain “steady” as April sales hit 38-year low
Business shutdowns, social distancing and economic upheaval converged in April to hit the Vancouver region with a nearly 40 percent drop...
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Sameer Nagpal
May 6, 20201 min read
COVID-19 to push the housing sector on a downward slope – Moody's
Market growth and activity in the Canadian housing sector will trend downward this year amid the sustained economic impact of the...
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Sameer Nagpal
May 5, 20201 min read
Survey says majority of realtors expect COVID-19 to shrink business by at least 50%
2020 Mortgage Forecasts: Defaults to Jump, Originations to Tumble, Sales to “Suffer” Mortgage Arrears to Rise in 2021 and Home Sales,...
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Sameer Nagpal
Apr 29, 20202 min read
During Covid-19, which companies are hiring in CANADA....
Some industries — from shipping to online learning — are hiring to meet coronavirus-related demand. Here are some of the companies hiring...
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Sameer Nagpal
Apr 26, 20201 min read
Head of CFIB: "Tens of thousands" of businesses will close in wake of COVID-19
Canadian Federation of Independent Business president Dan Kelly predicted the damage done to the economy by measures to slow the COVID-19...
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Sameer Nagpal
Apr 23, 20201 min read
Why Gas Prices are Low? Feels good, there is more, up to 15 cents more drop by next week.
Gas prices in Canada hit 5-year-low — expect another 10-15 cent drop by next week Feels good, right? Ever wondered if B.C. did not have...
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Sameer Nagpal
Apr 18, 20201 min read
Latest in Mortgage News: Maximum Mortgage Deferral Could Cost You Up to $12,000
Nearly 600,000 Canadians have so far taken advantage of some form of mortgage deferral assistance due to the COVID-19 crisis, according...
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Sameer Nagpal
Apr 15, 20200 min read
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Sameer Nagpal
Apr 11, 20201 min read
Technology can be useful these days when you are at home. Make the best out of it.
#covid19 #stayhome #keepcalm #keepclean and use #digitaltechnology #scanQRcode #wayforward Try this, open your phone camera and scan QR...
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Sameer Nagpal
Apr 9, 20201 min read
How can you qualify for Low Interest Rates in COVID-19 era
There has been a myth amongst most of the individuals "Interest Rates are going up and are high" in these unprecedented times. Will I...
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Sameer Nagpal
Mar 30, 20205 min read
Why Are Mortgage Rates Rising?
These are extraordinary times This is an interesting article and economic insight from Dr. Sherry Cooper Over the past month, the Bank of...
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Sameer Nagpal
Mar 26, 20202 min read
The Latest COVID-19 Mortgage Developments: Rates on the Rise
Mortgage Rates on the Rise Mortgage Rates Rising Rapidly Canada’s Real Estate Market Faces Uncertainty Call to End to Open Houses...
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Sameer Nagpal
Mar 26, 20201 min read
Deferred Mortgage Payments: A Credit Score Gamble?
As per Equifax In the event that a [lender] makes a credit relief or payment deferral program available to its consumers to opt out of...
20 views0 comments
Sameer Nagpal
Mar 8, 20201 min read
Canada’s prime rate fell to 3.45%. What does this mean to us?
Canada’s prime rate fell to 3.45% today for the first time since July 2018. This is good news for floating-rate mortgage holders and...
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Sameer Nagpal
Mar 8, 20202 min read
Closing Costs to Consider
These are few costs which you should know after the mortgage is approved. To assist you in preparing for Closing Costs we have created...
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Sameer Nagpal
Mar 2, 20202 min read
Canadian interest rate cuts expected in March and April: Oxford
Market experts had been widely anticipating Canada’s central bank to cut its mortgage-market influencing overnight rate at some point in...
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