Ken's Korner Vol. 27 April 2015

Ken Wiebe - Mortgage Broker

DLC Valley Financial Specialists

info@kenwiebe.com
778-808-9911
http://www.kenwiebe.com/

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CMHC Increases Insurance Premiums Again

 

CMHC Increase April 2015

On April 2, 2015 CMHC announced another insurance premium increase. Please read this report to see who is impacted and how big of an impact it will really have on the real estate market.

In short, if you have less than 10% to put down on a purchase, do it before June 1st!! But read the attached pdf for full details.



Mortgage Review

 

It's that time of year again when you can get your mortgage reviewed at no cost.

Let's meet to discuss your mortgage. I'll give you my professional advice on if, when, why and what you should or shouldn't do.

Ask me any question about your mortgage or your current mortgage lender and I'll give you the straight goods. I have a thick skin. (See image.)

Contact me today to set up a face to face or over the phone get together.



Foreclosures

 

2015 04 Abbotsford Attached
2015 04 Abbotsford Detached
2015 04 Chilliwack Attached
2015 04 Chilliwack Detached
2015 04 Langley Attached
2015 04 Langley Detached
2015 04 Mission Attached
2015 04 Mission Detached
2015 04 Sea to Sky Attached
2015 04 Sea to Sky Detached

Above is a list of foreclosures in the Fraser Valley and Howe Sound areas.

There are some great deals to be had for either your own home or as a rental property. Check them out at the links above.



My Idiot Neighbor Got His Mortgage From the Bank

 

Click Here: My Idiot Neighbour Got His Mortgage From The Bank

If you read only one article in this edition of Ken's Korner, make it this one.



Hike of the Month - Norrish Creek

 

This is not a tough hike but it is certainly a beautiful walk through the woods. We spent 3 hours hiking at a leisurely pace beside Norrish Creek (also known by the local as Suicide Creek), covering just over 7 km total (in and out).

Follow Highway #7 (Lougheed Highway) to the town of Dewdney, just East of Mission. Turn onto Hawkins Pickle Road just West of where the highway crosses the railroad tracks, and follow it to the end (about 3 km). Park here.

Cross the gate and walk toward the train bridge crossing Norrish Creek; then head to your left. You'll find the trail shortly.

Note that this is not to be confused with the Norrish Canyon Trail which follows Norrish Creek on the west side of the creek - unlike this hike which follows the east side.



Wild, Wonky, Wiebe Words

 

Be the 5th caller to correctly decipher this month's riddle and win a $10 Tim Horton's card.

Contest expires April 30, 2015. Phone 778-808-9911 with your answer. One call per household.

Last month's prize went unclaimed. The riddle was 'Will eye half toupee amass sieve pen Al tee if I brake mime oar gauge? .' And the correct answer was 'Will I have to pay a massive penalty if I break my mortgage?.'

Tip: Have someone read the clue to you while your eyes are closed.

This month's Riddle:

Ike and ooh incur Ed, a bull, Leah May sing things.



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