April 30, 2015

After contracting in the past few months, due to falling oil and gas prices, February's GDP reamined unchanged and saw an uptick in retail trade. In the first quarter Canada's GDP is tracking close to zero.

The Bank of Canada predicts that most of the oil impact will occur in the first quarter of 2015, then there should be a gradual rebound in GDP, which likely will not see a further decrease in rates.

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Please visit our Open House at 202 2770 BURRARD ST in Vancouver.

Open House on Saturday, May 2, 2015 1:30 pm - 2:30 pm

Bright north exposure on quiet side of building with private setting. WELCOME HOME! Great fairview neighbourhood close to shops and transit. Full RAIN-SCREEN, new windows and balconies completed in 2015. Recent roof replacement. You'll lovethe huge rooms, extra long balcony (119sf) with an entrance off living room and bedroom. Cherry engineered floors and updated bathroom and wood burning fireplace. Underground secured parking and full size storage locker. Maintenance fee includes heat and hot water. One pet 24 hrs to show, leased till June 30th (no further rentals). Act fast for this great buy under $500 psf!!! Open house Sat May 2nd 1:30-2:30pm.

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Please visit our Open House at 202 2770 BURRARD ST in Vancouver.

Open House on Saturday, April 25, 2015 1:30 pm - 2:30 pm

WELCOME HOME! Great fairview neighbourhood close to shops and transit. Full RAIN-SCREEN, new windows and balconies completed in 2015. Recent roof replacement. Bright north exposure on quiet side of building with private setting. You'll lovethe huge rooms, extra long balcony (119sf) with an entrance off living room and bedroom. Cherry engineered floors and updated bathroom and wood burning fireplace. Underground secured parking and full size storage locker. Maintenance fee includes heat and hot water. One pet 24 hrs to show, leased till June 30th (no further rentals). Act fast for this great buy under $500 psf!!! Open house Sat Apr 25, 1:30-2:30pm.

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Please visit our Open House at 202 2770 BURRARD ST in Vancouver.

Open House on Saturday, April 18, 2015 1:30 pm - 2:30 pm

WELCOME HOME! Great fairview neighbourhood close to shops and transit. Full RAIN-SCREEN, new windows and balconies completed in 2015. Recent roof replacement. Bright north exposure on quiet side of building with private setting. You'll lovethe huge rooms, extra long balcony (119sf) with an entrance off living room and bedroom. Cherry engineered floors and updated bathroom and wood burning fireplace. Underground secured parking and full size storage locker. Maintenance fee includes heat and hot water. One pet 24 hrs to show, leased till June 30th (no further rentals). Act fast for this great buy under $500 psf!!! Open house Sat Apr 18, 1:30-2:30pm.

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Please visit our Open House at 202 2770 BURRARD ST in Vancouver.

Open House on Saturday, April 11, 2015 1:00 pm - 2:00 pm

WELCOME HOME! Great fairview neighbourhood close to shops and transit. Full RAIN-SCREEN, new windows and balconies completed in 2015. Recent roof replacement. Bright north exposure on quiet side of building with private setting. You'll lovethe huge rooms, extra long balcony (119sf) with an entrance off living room and bedroom. Cherry engineered floors and updated bathroom and wood burning fireplace. Underground secured parking and full size storage locker. Maintenance fee includes heat and hot water. One pet 24 hrs to show, leased till June 30th (no further rentals). Act fast for this great buy under $500 psf!!! Open House: Sat, Apr. 11th, 1-2pm.

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It's a great time to be a buyer of Vancouver real estate!

Rates continue to focus on historical low 5 Year Rates.

 

5 Year Closed Fixed, starting from 2.44%

5 Year Variable Closed, Prime Minus 0.85% (i.e. 2.00%)

 

Please note:  For Any closing bsefore April 30, 2015………5 Year Closed Fixed 2.49% (no restrictions, standard 20/20 pre-payments, standard penalty calculations)

 

PURCHASE + IMPROVEMENTS PURCHASES
Lenders will assist your clients to finance renovations - Kitchens,
Bathrooms, Hardwood flooring and so much more…….
Highlights:
• Acceptable property types: owner occupied, vacation homes and rentals
• Up to 95% LTV for lesser of 10% of initial property value or $40K maximum
• Appraisal with “as is” and “as complete” values
• Require only improvement quotes or contracts
• Improvements must be complete within 90 days of close date
• Require completion inspection, receipts NOT required … this is a good thing!
**Subject to meeting lender guidelines.
Call or Email for quick turnaround times, or further information.

Jeff Fraser
Mortgage Advisor
604-340-1809
jeff@jefffraser

 

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