We are pleased to present our next video/
On July 24th the Bank of Canada Overnight Rate dropped, For the second time this year, the Bank of Canada has dropped their overnight rate by .25% down to 4.5%.
So, what does this all mean? Are mortgage rates going to come down? How come the posted mortgage rates did not seem to come down when the June 6 drop of .25 happened?
This video gives you an overview of what was happening in the recent Bank of Canada rate drops, why we did not notice a significant reduction when the over night rate started to drop, some best practice tips to be ready for your purchases and some calculator tools to help you analyze the impact of the rate changes on your interest costs and month payments.
Enjoy!!
Gary and Rosemary
Gary Sims Victoria Homes
DFH Real Estate Ltd. Victoria B.C. Canada
We love people and we love homes!
Video: 91

Most people working without a real estate agent use realtor.ca to search for properties. However, the real action is on the Multiple Listing Service (MLS) as it is the most current and has a lot of information not on realtor.ca.
As a member of the MLS, I can easily give you free access to search for properties listed in the MLS right in the palm of your hand. Search for your dream property in your favorite neighborhood and still get my real estate expertise.
GoAgent - MLS on Your Phone
Get your "Free" Multiple Listing Service access on your smartphone! Victoria Realtors® use the Multiple Listing Service (MLS) to find that perfect home for you. We also for many of our clients set up auto email searches and send listings of properties we fin...
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Greetings from Rosemary and Gary!
We are pleased to announce that after 9 years as a Realtor® with DFH Real Estate Ltd. in Victoria, that Rosemary has this year retired as an active Realtor®. But she has not left the real estate arena yet, but rather has done a bit of role switching.
Read all the details at this link:
https://mailchi.mp/garysimsvictoriahomes/video-newsletter-9476877?e=[UNIQID]
Enjoy!
Gary and Rosemary
We love people and we love homes!