• Interest Rate Forecasts for 2019

    By Mary Liang |

    Mortgage Broker Vancouver BC

    Falling inflation in both Canada and the U.S., as well as weakening economic forecasts for the year ahead, have led to tempered forecasts for interest rate hikes in 2019. Just months ago a January hike was all but certain, but the next rate hike is now unlikely until the spring or summer at the earliest, according to rate forecasts. There are even some, like Capital Economics, who are calling for a rate cut by next December. “…we think that weak prospects for domestic demand will cause the Bank [of Canada] to remain on hold for most of 2019, before cutting rates at the tail end…

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  • CMHC: Housing Activity to Moderate in 2019 and 2020

    By Mary Liang |

    Mortgage Broker Vancouver BC

    The Canada Mortgage and Housing Corporation is also predicting a housing slowdown next year, according to its 2018 Housing Market Outlook. It expects housing starts to fall to a range of 194,000 to 204,500 units. “Our key takeaway from this year’s outlook is moderation in Canada’s housing markets for 2019 into 2020,” said Bob Dugan, CMHC’s Chief Economist. “Housing starts are expected to decline from the higher levels we’ve seen recently. We expect resales in 2019 and 2020 to remain below recent peaks while prices should reach levels that are more in line with economic fundamentals such as income, job and population growth.” Here…

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  • The Latest in Mortgage News – 2019 Forecasts

    By Mary Liang |

    Mortgage Broker Vancouver BC

    We’re about to turn the page on what was a challenging year for the mortgage and housing markets. But so far 2019 isn’t looking like it will be much better. That’s according to a slew of forecasts that have been released recently, most of which forecast moderating home sales, falling home prices and weaker economic growth that will lead to interest rates flatlining for much of the year. Here’s a sampling of some of the latest forecasts on where home sales, prices and interest rates are headed in the new year and beyond: CREA Forecasts Pessimistic Year Ahead for Housing The Canadian Real Estate…

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  • Owner Spotlight: Mary Liang

    By Eco-World Mortgage |

    Mortgage Broker Vancouver BC

    I’m Mary Liang, a Mortgage Broker in Burnaby, BC.

    I look forward to sharing my story. I hope that you will enjoy getting to know me better.

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  • Announcing the new website

    By Eco-World Mortgage |

    Mortgage Broker Vancouver BC

    We are delighted to announce the launch of our new website!

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  • New Website Under Construction

    By Eco-World Mortgage |

    Mortgage Broker Vancouver BC

    New Website Coming Soon!

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