Frank and Sherry Heitzer's Blog Posts

CMBP will stop says Bank of Canada

On October 15, 2020 the Bank of Canada announced, that they will stop the Canada Mortgage Bond Purchase program in the week of October 26, 2020. In their explanation the bank stated, that improved

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Should I buy during COVID19

This pandemic has put a huge amount of uncertainty in us. Will I keep my job or what happens, when one of my family members gets sick? How much stimulus will be provided and is the government gonna

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Contradicting real estate news during COVID pandemic

If you are only slightly interested in real estate or news, you most likely have been receiving contradicting messages regarding the housing market in Canada. The headlines so far have offered

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CMHC's view of our housing market

In recent past, the CMHC (Canada Mortgage and Housing Corporation) has started to double down on their idea, that the housing market in Canada, especially in hot markets like Toronto and Vancouver

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Does COVID-19 affect the Fraser Valley real estate market?

  April has come and gone and for many of us it was a month of sitting idle, waiting for the virus to move aside so we all can get back to normal. Having said that, the signs are becoming

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Real Estate Market during COVID-19

Three facts and our conclusion from COVID-19 and the real estate marketMarket Activity: Our real estate market still is seeing a number of new listings and daily sales happening. Although these

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The government's new stress test updates

These new rules will be in force starting in AprilThe Department of Finance says that as of April 6, the stress test will be calculated in a new way. This will allow first time home buyers in the

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