Best places for snowshoeing in Vancouver and Whistler
  
Thansk to Global Warming we don't really get much snow in Vancouver any more it seems, so here's a way to experience that Winter Wonderland kind of feeling.
Snowshoeing is one of those acitivities anybody can do, and it is pretty darn cheap too. Got some time over the holidays? Feeling slightly adventurous? Everthing you need to know is right here:
Where to go snowshoeing in Vancouver and Whistler
Down Payment Requirement Change!
Finance Minister Bill Morneau announced in a press conference on a recent Friday morning that the Canadian government is making changes to the minimum downpayment in order to “encourage stability in the Canadian housing market.”
The federal government has announced that they will be making changes to the minimum downpayment, effective February 15th, 2016. These changes apply to insured mortgages on properties between $500k and $1M. The new minimum downpayment for insured mortgages is 5% for the first $500k and 10% on the portion of the price above $500k.
So for example, a property worth $700k would be 5% x $500k or $25k plus 10% x $200k or $20k for a total downpayment of $45k. Which is a $10k increase from the previous rules. The new downpayment rules apply to new home buyers and do not impact existing mortgage holders.
|
