Blair Voth Miller, Realtor, Realty Executives Saskatoon

01/24/2025

You know what makes me happy? A happy client.

See more: https://www.realsatisfied.com/Blair-Voth-Miller

06/24/2023

I'm always humbled by the kindness of my clients. Thank you.

See more: https://app.realsatisfied.ca/Blair-Voth-Miller

03/07/2023

The question on everyone's mind...

Finally, some good news from Chief Economist - Dominion Lending Centres, Dr. Sherry Cooper. We've heard many predictions of what may happen when the Bank of Canada meets again on March 8th. But Dr Cooper believes we won't see a rate hike this month. Read below for more...

The Bank of Canada was the first major central bank to hit the pause button on rate hikes in late January. Given the slowdown in inflation in the recently released January CPI, The Bank of Canada will refrain from hiking interest rates this month.

That is welcome news for homeowners with adjustable-rate mortgages whose rate has risen 425 basis points in less than a year.
Variable-rate mortgage holders with a fixed payment have largely hit their trigger points if they bought in the past couple of years. While their monthly payments have not risen, many are not covering the higher interest costs on their mortgages. Hence their principal outstanding is rising. Little is known about how the lenders will handle that when it comes time to renew.

Let's hope Dr. Cooper's predictions are correct, and although the Bank of Canada may not be dropping the overnight rate yet, a slowdown is welcome by variable rate mortgage holders.

02/21/2023

Finally got to thank my friend Bobbi properly for all the real estate client referrals by helping push her truck out of a snowbank! ♥️

Good luck with your new listing at Saskatchewan Landing Provincial Park! Check out 210 Cactus Drive on MLS tomorrow!

The glamorous life of SK Realtors! 😂

12/29/2022

With the recent influx of snow, SFD wants to remind residents to check intake pipes and exhaust vents that may be blocked with snow or ice. A plugged exhaust could result in carbon monoxide (CO) being pushed back into your home or cause your furnace to shut down. Residents should check their intake pipes and exhaust vents during and after heavy snowfalls and clear any snow away from the opening if it builds up.

PSA: https://bit.ly/3jEVbhW

12/18/2022

08/06/2022

Many thanks to my clients for once again allowing me the privilege to serve.

Feeling very grateful for your trust and honoured to be a top producer for July.

07/31/2022

Bond yields dove over 30 basis points on Friday as economic worries start to replace inflation concerns.

07/17/2022

Stop the panic!

The media just loves to make their audience fear what's coming up next. And right now, that is talk of interest rates. I'm getting piles of inquires about the talk of tomorrow's Bank of Canada meeting and likely increase again.

Here's what to keep in mind.... For every $100,000 mortgage your payment will increase by about $12. So yes, you variable rate mortgage holders could have seen a pretty significant jump in your payment recently. However, if you were to lock into a 5 year fixed rate right now, it would be around the 5% mark. Likely far higher than what you're currently paying. And pay attention to the other part of the media, there is talk that we are heading into (and quite likely already) in a recession. What this means is that the Bank of Canada is trying to slow inflation and it is stalling the economy. So rates WILL come back down.

Overall, be patient. Rates should decrease, payments will come back down. And within a year, fixed and variable rates will look different than they do right now. Hold tight, it's been a ride. But if you understand our current market and where we should be headed, we'll all be fine. Just get in touch, I'm so happy to help!