June 2020

How Covid-19 is changing the way we Live at home

Posted on Jun 27, 2020 in Real Life

 COVID-19 has changed so many aspects of our lives. The way homes are designed and built is evolving and so is what people are looking for in a home. One local home builder/designer shares the changes they have noticed. SEE VIDEO

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Community art project unveiled at Mission school

Posted on Jun 24, 2020 in Mission Community

Staff, students and parents all contribute to new display

A new art project was unveiled at Mission’s West Heights Community Elementary School last week.

Just under 50 people came to the ceremony at the school’s gym, while students and families were able to watch live from home on Zoom.

The school-wide community art project was created by students, st...

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New CMHC mortgage insurance rules take effect July 1

Posted on Jun 22, 2020 in CMHC

In Canada, mortgage insurance is required for all home purchases involving down payments of less than 20 per cent.

To curb demand from risky borrowers and to stabilize prices, the Canada Mortgage and Housing Corporation (CMHC) is introducing new rules that will make it tougher to qualify for coverage in their mortgage insurance plan. The new rules...

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Mortgage Rate Forecast 

Posted on Jun 18, 2020

Mortgage Rate Forecast

Jun 18, 2020
Post- Brendon Ogmundson- Chief Economist
Mortgage rates fall to record low, Canadian economy in recession, but is a recovery on the horizon?Bank of Canada hits its effective lower bound...again To view the Mortgage Rate Forecast PDF,  click here.
The second quarter of 2020 will perhaps prove to be one of the most turb...

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Your Market-May 2020

Posted on Jun 02, 2020 in Mission Market Statistics

Mission Market Update- May 2020

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