YMS Your Mortgage Source


Housing Supply Shortage

January 19th, 2022|

In a recent study done by the Bank of Canada, evidence shows that fewer and fewer first time buyers are entering the market. The Bank of Canada’s study showed that first time home buyers made up 47% of home sales in June 2021, down

Interest Rate Recap

December 16th, 2021|

I hope you are all doing well and everyone is ready for the upcoming holiday season. It has been a challenging year for buyers with a limited supply of housing to buy along with a lot of competing buyers. We are still seeing many pockets

Fraser Valley Real Estate

November 25th, 2021|

Fraser Valley real estate prices continued to rise this fall as the number of buyers continued to outpace the number of sellers. Although the reported 3.9% more sales in October than September, home sales decreased a staggering 18.2% year over year for the month of

Home Renovation Questions Answered

October 28th, 2021|

Fall is the perfect time of year to start home projects and renovations. For anyone wanting to increase the value of their home through basic updates or for those seeking to create a unique space specific to their individual needs and taste, renovating a home

Mortgage Rate Update

October 6th, 2021|

Below is a recap of our latest best mortgage rates. Please note that rates will change depending on situation (purchase vs refinance, amortization, % down, etc). It is best to call our office and run through your situation to get an exact quote on what we

Home Insurance Rates affecting condos

September 7th, 2021|

Property insurance costs varied widely for the first part of 2021. Insurance rates for condo owners continued to rise with costs for single family homes falling. Year-over-year, home insurance rates for houses were down 12% in BC. There is worry though that the rising

CMHC Reverses Tightened Mortgage Rules

August 1st, 2021|

The Canada Mortgage and Housing Corporation (CMHC) provides mortgage insurance to lenders where people want to purchase a home with less than 20% down. Just recently, they reversed their tighter qualifying ratios due to losing a great deal of the mortgage default insurance market

Impact of Stress test Changes

June 17th, 2021|

As of June 1st, the mortgage stress test rate has increased to 5.25% from the previous 4.79%. In order to qualify for a mortgage the lender uses the greater of the stress rate OR the proposed interest rate plus two percent. So regardless of

As your Mortgage Advisor we are here to serve you throughout the term and life of your mortgage and not just in obtaining your initial mortgage.

If you currently have a mortgage or are looking for a new one we can help you with the following:

  • Change your payment date or frequency
  • Increase an existing mortgage
  • Make additional payments to your mortgage
  • Renew your mortgage
  • Add on another mortgage or line of credit to a property
  • Borrow unsecured loans or lines of credit
  • Purchase another property
  • Obtain life or disability insurance
  • Obtain term insurance
  • Any type of mortgage including purchases, refinances, construction, lines of credit, private mortgages, etc
  • Anything else you may need in regards to financing!

In almost ALL cases we are able to obtain the same or BETTER RATES than if you go directly to your lender yourself. This is the power of dealing with us as your mortgage advisor.

Regardless of what you need we are here to help you.

Please CONTACT US RATHER THAN CONTACTING YOUR LENDER. We will help you or direct you to the right person who can take care of your needs.

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Purchase, refinance or renew your mortgage quickly and easily.


Mortgage Questions?

Contact us.