A variable rate mortgage allows the borrower to take advantage of low rates – the interest rate is    calculated on an ongoing basis at prime minus a set percentage.  (Prime is the base rate that banks use in pricing loans to their best and most creditworthy customers.)  A variable rate mortgage can pose challenges for some, such as financially stretched first-time buyers who may not be ...

Home Staging is a popular trend brought up to Vancouver from L.A.  It is rumoured that L.A Home Stagers even go as far as hiring actors to act like they are living in the home during the open house.  That may sound drastic but according to the presenter at a Staging Course I recently attended, a staged home will sell for 3 to 6% more than an unstaged home.  That converts to $30,000 on a $500, ...