Mortgage Rates make Vancouver Housing more affordable!

Every day we read about how challenging it is to afford a home in Vancouver, and while prices are high, types of available housing are broad and mortgage rates are doing their part to maximize your purchasing power. Without having to compromise any privileges 5 year fixed rates are as low as 2.89%, which equates to payments under $1900/mth for a $400,000 mortgage. Families can qualify for slightly over 6 times their gross annual income and the quick factor for borrowing at this rate is $4.67/$1000 financed.

Talk to your Mortgage Advisor today about the choices and purchasing power for you and your clients.