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To help you Maple Ridge Real Estate clients who happen to be self employed or Maple Ridge Realtors, here is an article to help you create a standout LinkedIn company page, here are 10 essential questions to ask:

CHECK OUT CANADIAN 1st REALTY”S Linkedin page and be sure to follow!

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This is a very light day for data with no reports out of the United States.  Maple Ridge Real Estate is in the middle of it’s summer swing but her is what the big picture is doing in North America


The main economic indicator today is Canadian CPI for June which is unchanged from May.  The annual inflation rate now stands at 1.2%. Core inflation – excluding food and fuel – came in at 1.3%, up 0.2% from May.  Both numbers met expectations.


Muted inflation makes it unlikely the Bank of Canada will waiver from its accommodative monetary policies.


North American markets were all higher at the open.


Bond yields are up 3 – 4 bps.


Commercial Bond Yields

Canada Mortgage Bond

Canada Housing 12/15/18: 2.15%

Canada Housing 09/15/23: 2.89%


Select Government of Canada Bonds

CAN 4.25 06/01/18: 1.69%

CAN 1.50 06/01/23: 2.38%

GOC Bonds are for reference purposes only


First National Floating Insured Cost of Funds



Bank Prime Rate



Posted Rate

1 Year: 3.09%
2 Year: 3.14%
3 Year: 3.65%
4 Year: 4.54%
5 Year: 5.14%


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An interesting article below showing that 59% of retirees in BC are carrying some form of debt, and of those carrying debt, 52% of them said it stayed the same or increased over the past year.

The reality is that much of this generation is not financially prepared to live to 90 years old, and many are spending their pension income still trying to juggle debt payments. 

Selling their home and down sizing is a realty now for these people. But if they are dead set against moving you may want to present an alternative solution so they can stay in their homes a little longer with the Canadian 1st Realty CHIP Mortgage Product in Maple Ridge!

Realtors earn referral POINTS from Canadian 1st and you obviously solidify a client relationship for referrals in the future – A gift of a continued home ownership may be what the doctor ordered for you 55 year + clients who don’t want to sell but don’t know what to do.

No matter what their age (as long as 55 years old minimum), CHIP is a great solution for many senior homeowners to pay off their debt and free up that money to live a better retirement.  If they have equity in their home, don’t want to move, and have a need for more money, CHIP is the only mortgage in Canada that gives them access to their equity with NO credit check, NO income qualification, and NO payments required on the money they borrow for as long as 1 applicant lives in the home.  Whose life can you change today?!

Simply refer to me by giving me their basic info, I’ll walk them through the process, and we’ll pay you 65bps for the referral.  It’s a great way to add another revenue stream to your business, without taking too much of your time.


Dave Browne
Sales Manager
C 604 897 2741
O 604 466 5077
F 877 826 2621

We love providing the flexibility to exceed expectations. The Open Platform Real Estate Concept for Innovators and Adaptors.

200-11830 223rd St.

Maple Ridge BC V2X 5Y1

1 - 32540 Logan Ave
Mission BC V2V 6G3

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