If You Don’t Buy a Home Before Dec 31, 2017, You May Never be Able To

The hammer was dropped yesterday, and it could be enough to diminish home ownership for some buyers – forever.

A new mortgage “stress test” comes into effect January 1st, 2018 for all mortgages funded with 20% or more.  Previously stress tests only affected mortgages insured by CMHC (less than 20% down) but now it seems that everyone needed a mortgage will be affected in some way or another.

Here’s an example of the magnitude of these changes;

A family with a combined $100,000 annual income
20% downpayment
5 year fixed term
3.09% interest rate
25 year amortization

Mortgage approval;

Today, and up to Dec 31, 2017

Jan 1, 2018

The loss in buying power is staggering.  The new rules require the buyer to qualify at the Bank of Canada’s 5 year benchmark rate OR their contract mortgage rate plus 2 percentage points.

Buy now, don’t delay

Give us a ring, we are here to help, Starbucks latte included.

Interest Rates are on the move!

After seven years of leaving its key interest steady, the Bank of Canada has finally increased its overnight rate by 0.25 percentage points to 0.75 per cent.

The increase means consumers will likely pay more for borrowing such as variable-rate mortgages and lines of credit, and if you’re not currently locked in for a mortgage pre-approval, this increase will also affect your borrowing power and approval amount.

Further increases are projected, with the next announcement date set for September 6, 2017.

We are here to help!  If you have questions about how this news will affect you, our team has the answers to help you make the right decision for your future.

Tamara, Paula, Ashley & Tara





The 2017 Kidchella children’s music festival will take place August 27, 2017 at the Langley Event Centre. The proceeds raised at this family friendly event will support the new children’s hospice in Abbotsford and will double their current capacity to better meet the increasing demand for services.

For more information visit:


Fiteni Baltic: Community Clothing Drive

Miss the last Clothing Drive? Or looking forward to the next one? Contact Us for details for the NEXT CLOTHING DRIVE!

We’re teaming up with ‘Dress For Success’, a local charity in Vancouver to run a community clothing drive!

Dress for Success Vancouver is a registered charity committed to empowering women into the workforce by providing professional attire, career services and a leadership program. Since 1999, they have served over 24,000 women in the Lower Mainland. Dress for Success operates without any government funding and relies on the support of grants, sponsorship, donors and fundraising events.

So we’re reaching out to you, the lovely women in our community to help us make this clothing drive a massive success!

What Can You Donate?
Gently used work attire/business clothes, accessories, handbags or jewelry.

Where Can You Donate?
Please bring your donations down to Katzie Elementary School on Saturday, April 29th between 12pm and 3pm.

If you are unable to make that time, you can drop donations off at our RE/MAX Treeland office or private message one of us on Facebook and we ca n make arrangements to pick them up.

Katzie Elementary School address is 6887 194a St. Surrey
Our office address is 101-6337 198th St. Surrey


More information: