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09-04-2024, 07:54 AM
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#33026 | | RS has made me the bitter person i am today!
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That's a lot of sticks for c lais navigate. One wrong move at night and you're done. Or they open the door too wide into the beams.
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09-04-2024, 07:55 AM
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#33027 | | RS has made me the bitter person i am today!
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On a good note, another -0.25%
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09-04-2024, 09:01 AM
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#33028 | | I told him no, what y'all do?
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Originally Posted by JDMDreams  That's a lot of sticks for c lais navigate. One wrong move at night and you're done. Or they open the door too wide into the beams. | i wonder what the snow load on that sucker is, the rare days we get over a foot of snow... but then again there's a lot of enclosed balconies built similar that don't cave...
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http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
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09-04-2024, 09:28 AM
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#33029 | | Rs has made me the man i am today!
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Originally Posted by JDMDreams On a good note, another -0.25% | I renew in Oct 2025 and with the forecasts that are coming out it wouldn't surprise me that I could get a 3% fixed rate by then. That would be really, really awesome.
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09-04-2024, 10:04 AM
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#33030 | | Rs has made me the woman i am today!
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Originally Posted by supafamous I renew in Oct 2025 and with the forecasts that are coming out it wouldn't surprise me that I could get a 3% fixed rate by then. That would be really, really awesome. | We renew 2026 Jan. I am hoping for the same. Then I can afford a 911  | |
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09-04-2024, 10:16 AM
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#33031 | | RS has made me the bitter person i am today!
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Well let's say it's about 4.8% fixed now after negotiation pre rate drop. -0.75% = low 4% by end of year, then -1.25% base case next year. So you're down to 2.75% by year end? But then fixed isn't linked to prime, you gotta see what happens to the bonds.
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09-04-2024, 10:34 AM
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#33032 | | Rs has made me the woman i am today!
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When we renew we'll probably be switching back to variable unless the fixed rates are really good. If you need to renew ATM it's a throw between the two.
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09-04-2024, 10:34 AM
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#33033 | | Rs has made me the man i am today!
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Originally Posted by JDMDreams Well let's say it's about 4.8% fixed now after negotiation pre rate drop. -0.75% = low 4% by end of year, then -1.25% base case next year. So you're down to 2.75% by year end? But then fixed isn't linked to prime, you gotta see what happens to the bonds. | Some of it is already priced in so it'll be interesting to see when mortgage rates start moving apart from the BOC's rate. When I look at Ratehub it says even as of today (before the rate drop) that you could get as low as 4.19% and some big banks were in the 4.5-4.7 range already. I'm guessing the rate already priced in the drop though.
Forecasts say to expect the BOC rate to drop to between 2.25 and 3.25 by end of 2025 (from today's 4.25%). There's two more announcements this year and it's pretty much a sure thing that we'll see a pair of .25% drops which gets us down to 3.75% so my money is on it going below 3% for sure which hopefully gets us to a 3% or so mortgage rate.
Reference: https://www.bankofcanada.ca/core-fun...-interest-rate
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09-04-2024, 10:39 AM
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#33034 | | RS has made me the bitter person i am today!
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Variable is still quite expensive ~6%, so 5.25% by year end. And 4% by end of 25. Unless banks starts offering higher discount rates again. Which they should as the whole point of variable is that it's cheaper than fixed due to no guarantees, but not sure when that point will be
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09-04-2024, 10:47 AM
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#33035 | | I told him no, what y'all do?
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Originally Posted by supafamous I renew in Oct 2025 and with the forecasts that are coming out it wouldn't surprise me that I could get a 3% fixed rate by then. That would be really, really awesome. | i'll be spring 2025, i guess that'll be at around 3.75-4% for me?
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http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
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09-04-2024, 11:45 AM
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#33036 | | RS has made me the bitter person i am today!
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Originally Posted by JDMDreams Well let's say it's about 4.8% fixed now after negotiation pre rate drop. -0.75% = low 4% by end of year, then -1.25% base case next year. So you're down to 2.75% by year end? But then fixed isn't linked to prime, you gotta see what happens to the bonds. | competitive rate are already close to
4.44 3-year fixed
4.34 5-year fixed
But apparently won't drop much since bond market priced in this drop already. Quote:
Originally Posted by EvoFire When we renew we'll probably be switching back to variable unless the fixed rates are really good. If you need to renew ATM it's a throw between the two. | Variable after discount is 5.2%, I think it's a clear 3-year fixed, we'd need at least 2% drop to make-up the 1 year of variable @ 4.5 - 5.2%
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09-04-2024, 11:55 AM
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#33037 | | Rs has made me the man i am today!
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Originally Posted by GLOW i'll be spring 2025, i guess that'll be at around 3.75-4% for me? | https://www.bankofcanada.ca/core-fun...rate/#schedule
Depending on when you mean in spring it could be 4 to 6 more rate announcements between now and then so I'd guess the max you'd see it drop is 1.5% from now but it could be as little as .75%.
I renew no later than Oct 27th which means I have 8 announcements left (there's one on Oct 29th so maybe I'm lucky and that change is priced in but I doubt it).
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09-04-2024, 11:58 AM
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#33038 | | I have named my kids VIC and VLS
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Check out this listing, 3 million in Fraser heights https://www.realtor.ca/real-estate/2...-street-surrey
The original home burnt down a few years ago and it finally got rebuilt into this thing. Have a few friends who live nearby.
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09-04-2024, 12:05 PM
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#33039 | | RS has made me the bitter person i am today!
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So are those beams actually for support or looks? Buddy Guy special? The basement looks pretty buddy guy special.
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09-04-2024, 12:23 PM
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#33040 | | private modder
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We have to renew our mortgage in early January 2025. Our current mortage is a blended rate of 5.11% that expires in December. Between now and then, there is one more rate annoucement. We are still not sure what we are going to do, but we have some time yet to figure it out.
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09-04-2024, 12:24 PM
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#33041 | | RS.net, helping ugly ppl have sex since 2001
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3 mill to live in this neighbourhood?!?!? Fuck that
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09-04-2024, 12:30 PM
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#33042 | | RS controls my life!
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Originally Posted by Hondaracer | While it's in the nice part of North Surrey, the land size and the house ain't good enough to command $3M.. I'd say more $2.5-2.7M. Although the 9bedrooms can appeal to the multi-generation folks
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09-04-2024, 12:30 PM
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#33043 | | RS has made me the bitter person i am today!
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You can have brand new Burnaby with laneway for less money, you can slum Lord more. https://www.realtor.ca/real-estate/2...avenue-burnaby | |
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09-04-2024, 01:04 PM
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#33044 | | I have named my kids VIC and VLS
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8 bedrooms.
No one in their right mind would choose that house over any other house at that price point unless you were moving in 10+ people.
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Dank memes cant melt steel beams
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09-04-2024, 01:15 PM
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#33045 | | I told him no, what y'all do?
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$3m?! must come with the porsche in the drive way too 
is it common for them not to put the pic of the outside of the house as the front page/1st pic or is this lazy realting? i had to open a pic link and scroll all the way down to see what the house actually looks like which seems silly to me from a marketing stand point.
and if i had to vote i'd say those are not structural beams but for show, but i'm no structural engineer or carpenter
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http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
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09-04-2024, 01:25 PM
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#33046 | | I *heart* Revscene.net very Muchie
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Originally Posted by Hondaracer | I thought this was a 3m house in Fraserview and thinking to myself, sure I guess if you really want to live in East Van...
But Fraser Heights???
__________________ Never argue with a dumbass, they drag you down to their level and try to beat you with experience My Feedback
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09-04-2024, 01:36 PM
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#33047 | | RS has made me the bitter person i am today!
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I wonder who the target buyers are? Buddy guys must be eating good working at Walmart and Amazon to buy $3m Surrey mansions
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09-04-2024, 02:05 PM
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#33048 | | My dinner reheated before my turbo spooled
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Isn't Fraser Heights a lotta asian families?
That and South Surrey are the nice parts
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09-04-2024, 02:14 PM
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#33049 | | To me, there is the Internet and there is RS
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A bit older but at a casual glance this place looks way more baller for the nearly $3M range. https://www.realtor.ca/real-estate/2...avenue-burnaby
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
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Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | |
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09-04-2024, 02:57 PM
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#33050 | | RS has made me the bitter person i am today!
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I just did this for shits and giggles. $3m house. 20% down = $600000. Property transfer tax alone is $68000. To qualify $2400000 at 4.5% over 30y you need $450000 annual income. Monthly payment is $12160  | |
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