It is important to know the closing costs before you buy a house. This will help avoid any unexpected closings (aka completion). This blog covers all closing costs when purchasing a home. It applies to single-family detached homes, condos, and townhouses. We also cover the total cost of purchasing a house in BC, as well as costs before, during, and after closing. This article will help you...
Financing
What does this mean for mortgage rates? Tapering QE decreases market liquidity. Normal circumstances will result in higher borrowing rates if there is less liquidity. The supply of capital is what will determine if it increases borrowing rates.
There are many features available for home equity lines of credit. Before making any decision, make sure you do your research about the best places to obtain a HELOC.