Rate Increase Announcement September 2022
Kelly Hudson • September 8, 2022
The Bank of Canada's latest announcement - September 2022
Watch this video to learn more about the interest rate increase and how it may affect you.
Don't hesitate to contact me at anytime, I'm here to help.
Kelly Hudson
Mortgage Broker
604-312-5009
Kelly@KellyHudsonMortgages.com
Kelly Hudson
MORTGAGE ARCHITECTS

RECENT POSTS

British Columbia’s real estate landscape has changed dramatically over the past 15 years. Since 2010, we've seen waves of new legislation, tax policies, zoning reforms, and consumer protections that affect how homes are bought, sold, financed—and lived in. Whether you're a first-time homebuyer or a seasoned investor, keeping up with all these changes can feel overwhelming. That’s why working with a knowledgeable mortgage broker has become more important than ever. Here are 20 key real estate changes in BC since 2010 —and how they affect you.

Home buyers say the #1 obstacle to homeownership is saving enough money for a down payment. Mortgage default insurance (also called mortgage insurance) allows you to purchase a home with as little as 5% down . It protects your lender if you stop making payments. Typically, a 20% or higher down payment is your best option. However, for many Canadians, reaching this amount can be challenging, especially in expensive markets like Greater Vancouver & Toronto. If you don't have enough cash for a 20% down payment, Mortgage Default Insurance can help. How Much Down Payment Do You Need?