Which Kelowna Community Suits Your Needs?

When it comes to buying home, it is always wise to take your lifestyle considerations and preferences into account. Essentially, you are joining a community and in order to maximize your wish list; it is helpful to put some thought into where you spend most of your time.

Source: Kelowna Art & Home

Kelowna Life Real Estate at the Kelowna Yacht Club Boat Show

Sun, sand, surf, mountains AND your very own resident sea monster, Ogopogo…Kelowna life is truly spectacular! The Okanagan lifestyle caters to outdoor activities to be enjoyed by all ages. Whether you love to golf, ski, hike or be on the lake, we definitely have all of your bases covered! Waterfront Park is one of the most accessible and diverse locations within our beautiful city. It is home to the Kelowna Yacht Club and the Annual Boat Show on April 29 & 30^th 2017.

Source: Kelowna Life Real Estate

Multiple Offers In BC – How They Work

Since 2015 we have been experiencing a short supply of listings and massive demand for condos and detached homes. This has been causing prices to rise at an alarming rate (almost daily) and has been the source of frustration for many buyers in Vancouver. So, when you find yourself in a multiple offer situation here are the different directions it can go.

Source: Leo Wilk Real Estate

Kelowna Mortgage Broker tells What the US rate hikes mean for Canadians

As Pierre Trudeau once said about living so close to the United States “Living next to you is in some ways like sleeping with an elephant. No matter how friendly or even tempered is the beast, one is affected by every twitch and grunt”. That statement, said almost 40 years ago, still holds very true today.
Our economies are even more intertwined now and it’s no wonder many Canadians are paying close attention to policymakers and politicians south of the boarder, particularly the U.S. Federal Reserve. The U.S. Federal Reserve recently raised interest rates by 25bps (one quarter of one percent) this month and for the second time in 3 months. Read More...

Source: John Antle

Stonegate Resort Preconstruction Pricing Release!

The time is finally here! Stonegate Resort is happy to announce the Preconstruction Pricing Release for the 1st and 2nd floors of the upcoming Phase 3 build! 1 bedroom right up to 3 bedrooms plus den units are now ready for preconstruction purchase. Construction begins May 1, 2017 with the first units completed and ready for December 1, 2017. 

Source: Sean Skuter of the Okanagan Real Estate Company

Does a Larger Downpayment Guarantee a Lower Rate?

While it may seem like simple math, the truth of the matter is there are various factors to consider when estimating your monthly mortgage payment. While having a minimum of 5% down used to be the basic requirement, many people are entering the home buying market later in life in comparison to a few decades ago. While it seems sensible that entering the market with a 10 to 20% downpayment will automatically save you thousands of dollars, this isn’t always the case. John Antle Mortgages in Kelowna can help you negotiate the best terms and explain all of the fine print.

Source: John Antle Mortgage Broker