Mortgages with Chris Collins

08/20/2024

Have a renovation on your mind? Discover ways to finance your reno – and how tapping into your home equity can help you fund your upgrades.

Whether you’re planning a small improvement or large renovation, you have a range of options to make your renovations happen.

08/17/2024

Looking to purchase a home? Learn what you’ll need to qualify for a mortgage, from down payment to credit history and more.

A nice article that gives a high level overview of some of the process involved with getting approved.
Everyone has their own unique story which is why I love this career so much - I'm always meeting incredible and unique people!

If anyone has any questions please feel free to reach out and ask.
Have a wonderful weekend!

Looking to purchase a home? Learn what you’ll need to qualify for a mortgage, from down payment to credit history and more.

07/26/2024

Definitely an interesting read. Two back to back interest rate cuts. A welcomed bit of a news for clients with variable rate products - what does it mean about Canada's economy? Take a read.

The Bank of Canada (BoC) Monetary Policy Report offers insight into the economic conditions that influence their decisions regarding interest rate. The Monetary Policy Report was released along with the announcement of the interest rate cut on July 24, and shares the influences behind the most recent rate cut, the drivers of future (possible) interest rate cuts, and where Canada stands when it comes to housing, inflation and the general economy.

On July 24, 2024 the Bank of Canada released its latest edition of the Monetary Policy Report. Read the highlights here, including how policy is working to ease pricing pressures on Canadians.

07/10/2024

Rental housing construction is finally picking up in Canada but will it be enough?

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06/24/2024

Buying a home is worth the effort. Let’s make it happen—whether it’s a house with space to roam or a condo in the heart of the city.

Owning a home is possible! Check out our top tips for saving up for your downpayment.

06/10/2024

Did you know public wifi isn’t secure? Keep your personal information safe! Update your cyber skills today rbc.com/cyber

06/06/2024

Did you know your social media accounts are a great place for scammers to gather information on you? When using social media, ask yourself am I comfortable with my privacy settings? If not change them. Update your cyber skills today rbc.com/cyber

06/06/2024

It begins!

For homeowners and prospective buyers in Canada, the interest rate cut is welcome news – but what does it really mean for you? Whether you’re looking to buy your first home, on track to renew this year or have a variable rate mortgage, the current interest rate environment matters. Here, we explore the impact of the interest rate cut on Canadians already in or about to enter the real estate market.

The June 5th Bank of Canada interest rate announcement has been highly anticipated as Canadians hoped the BoC would finally cut interest rates. And ultimately, they did. As was widely expected, interested rates came down 25 basis points to 4.75%, marking the first time in 4 years that rates have dec...

06/03/2024

Fingers crossed for some rate relief!
All ducks appear to be in a row for the Bank of Canada to kick-start the policy easing cycle and lower the overnight rate by 25 basis points to 4.75% on Wednesday. The move follows cuts from the Swiss National Bank and the Riksbank (central bank of Sweden) in recent weeks and comes after the overnight rate was held at a restrictive 5% for about a year (the last rate hike was July 2023).

U.S. inflation data in focus as central banks consider rate cuts.The Bank of Canada will be focused on the March Canadian consumer price index report next Tuesday after another upward surprise in U.S. price growth created doubt about the U.S. Federal Reserve’s rate-cutting plans this year.

06/02/2024

Happy Pride! At RBC, working to progress equality isn’t limited to just one month – it’s a year-round effort. Learn how we’re leveraging the full power of our organization to foster diversity and inclusion at rbc.com/diversity

05/09/2024

Sellers are making their way back into the housing market—not everywhere but in some of Canada’s largest cities. Statistical reports for April from local real estate boards showed sharp increases in new listings and inventories in Vancouver, Toronto and Montreal. This could reflect a confluence of sellers that include many who took a pass at the fall market (when demand and prices dipped) in the hope of better outcomes this spring. Some of the sellers could be in distress in the face of high interest rates.

Sellers are making their way back into the housing market—not everywhere but in some of Canada’s largest cities. Statistical reports...

04/27/2024

Get rewarded for qualified mortgage referrals and grow your business with RBC. Sign up for the RBC Referral Awards program today!

As an eligible professional* in our client’s home buying journey, sign up for the RBC Referral Awards program and you could receive Avion® points on your Avion Rewards credit card or your RBC bank account* for every eligible mortgage referral* plus access to our team of mobile mortgage specialist...