REAL ESTATE & MORTGAGE BLOG - INSIGHTS, TIPS & MARKET UPDATES

Learn how the home appraisal process works in Vancouver — from timing and lender requirements to what happens if it comes in low. Realtor Erin Price Emery and mortgage broker Julie Tran break it all down for today’s buyers.

Fixed rate mortgages give you stability – your payment never changes. But did you know breaking one could cost you $20,000 or more in penalties? In this video, we explain the pros and cons so you can decide if it’s the right choice for you.

Your income determines how much mortgage you qualify for in Vancouver — but not all income is treated the same. Salary, commission, cash tips, side hustles, and maternity leave all factor differently into the approval process. Find out what counts and how to maximize your borrowing power.

Buying a home in Vancouver? Your credit score plays a big role in getting approved for a mortgage. Learn what lenders look for, how to build credit if you have none, how to repair past issues, and whether pulling your credit really affects your score.

Buying your first home in Canada doesn’t mean you have to drain your savings. With the RRSP Home Buyers’ Plan, you can borrow up to $50,000 through an RRSP loan, contribute it to your account, save thousands in taxes, and then withdraw up to $60,000 tax-free for your down payment. This smart strategy helps first-time buyers get into the market faster, with flexible repayment terms and significant financial benefits.

Before you start shopping for your dream home in Vancouver, getting a mortgage pre-approval is essential. A pre-approval not only clarifies your budget but also locks in your interest rate for up to 130 days, protecting you from rising rates. It’s the key to shopping with confidence, strengthening your offers, and starting your home-buying journey on the right foot.

When buying a home in BC, one of the first major steps is paying your deposit. Typically 5–10% of the purchase price, your deposit shows commitment to the seller and is applied toward your down payment at completion. In this video, Erin Price Emery explains when deposits are due, who holds them, and why they matter — so you can navigate the home buying process with confidence.

When buying a home in British Columbia, one of the most important but often overlooked steps is reviewing the title search document. This record confirms the seller’s legal right to transfer ownership, reveals any mortgages, liens, or unpaid taxes, and outlines easements or restrictive covenants that could impact how you use your property. By reviewing the title upfront with a lawyer or notary, you protect yourself from fraud, unexpected costs, and future disputes—ensuring yo

When you’re buying a home, it’s easy to focus on the price tag — but the hidden costs can add up fast. From legal and notary fees to property transfer tax, inspections, and closing costs, buyers should budget an extra 1.5%–4% on top of the purchase price. Planning ahead helps you avoid last-minute surprises and ensures you’re financially ready for closing day.

On September 17, 2025, the Bank of Canada cut rates to 2.75% for the first time in six months. This move could save homeowners on variable mortgages about $70/month, while giving buyers more affordability and sellers more demand. In this video, I break down what this means for mortgages, real estate, and the housing market outlook for 2025—plus what to expect ahead of the October 29th announcement.