December 2018

REBGV Latest housing market update Video confirms lower housing prices and buyers taking a wait and see approach.
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A little relief for borrowers!BOC leaves current rate unchanged.Next meeting early Jan.Now is a good time to buy lock in & fix your costs with plenty of inventory available in all asset classes.tis the season to shop for that perfect home or investment!
... read more
Latest housing market update and stats pack for REBGV
Metro Vancouver homes sales down across all property types Home buyer demand remains below long-term historical averages in the Metro Vancouver* housing market. ... read more
Latest housing market update and stats package from FVREB.
Fraser Valley market stays quiet through November. ... read more
Commercial real estate sales decline and price activity varies across the Lower Mainland
... read more
Market Watch - A Year in The Canadian Real Estate Market.
2018 began with a steep nationwide drop in housing activity. Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm. ... read more
5 Tips For a Stress-Free and Enjoyable Holiday Season
The holiday season is hurtling towards us and if you aren’t prepared then you could miss out on the most critical time of year. ... read more
What is a Title Insurance And Why You Need It?
Title insurance is an insurance policy that protects you, the homeowner, against challenges to the ownership of your home or from problems related to the title to your home. The policy provides coverage against losses due to title defects, even if the defects existed before you purchased your home. ... read more
How to Select The Right Mortgage and Save Thousands of Dollars
Are you wondering which type of mortgage is best for you? There is not one correct answer. Deciding which type of mortgage will best fulfill your needs can be difficult. There are so many types of loans and different term lengths. The right mortgage can save you thousands of dollars, while the wrong mortgage can put your house in jeopardy. A little research before choosing your mortgage can save you thousands of dollars in the long run. ... read more
Which Home Type is Right for You?
With an endless supply of different types of homes available for purchase—from condos to townhouses to fully-detached homes—deciding on what type of home to purchase can be confusing. The type of home you buy will depend on your lifestyle and budget. You will also need to think about your current and future needs before you start searching for a home. ... read more
 

With Compliments of

Lyle Longridge
Realtor/Associate Broker


Longridge Real Estate @ RE/MAX CENTRAL
#1-5050 Kingsway
Burnaby, BC, V5H 4C2
T: 604-812-4076
D: 604-812-4076
lyle@lylelongridge.com
www.longridgerealestate.ca

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle Longridge

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.34% 3.10%
1 Year 3.59% 3.19%
2 Years 3.74% 3.19%
3 Years 3.85% 3.39%
4 Years 3.95% 3.64%
5 Years 5.59% 3.50%
7 Years 5.80% 3.59%
10 Years 6.10% 3.94%
Variable Rate 2.85%
Prime Rate ** 3.95%
*last updated: Dec 11, 2018


Compliments of
Lyle Longridge
Associate Broker/Realtor
RE/MAX CENTRAL
lyle@lylelongridge.com
Cell : 604-812-4076

Laguna Landing at The Quay. Enjoy a relaxed picturesque Waterfront lifestyle in this large, Rarely available, much sought after floorplan in Central New West.2 bed,2 bath,2 parking condo w/ sweeping unobstructed River views. Big eat in kitchen, dining/living room with gas fireplace (inc. in maintenance fee.) Spacious bedroom w/ ensuite bath and direct access onto covered balcony and more views.1 storage locker, in-suite laundry, 2 parking, gym & live-in caretaker. Great proactive concrete building, fully rainscreened; re-piped in 2016. Transit at door, walk to Skytrain, Westminster Quay, Douglas College, Entertainment District, restaurants, shops & dog park. Two pets ok,dogs under 30 lbs. make resort living your new lifestyle year round today! 
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