| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
09-04-2024, 07:54 AM
|
#33026 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
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.
| 
|  | |
09-04-2024, 07:55 AM
|
#33027 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
On a good note, another -0.25%
| |
| | |
09-04-2024, 09:01 AM
|
#33028 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,125
Thanked 6,005 Times in 2,603 Posts
Failed 104 Times in 66 Posts
| Quote:
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...
__________________ Feedback
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
| | 
| | |
09-04-2024, 09:28 AM
|
#33029 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
Posts: 3,002
Thanked 2,844 Times in 1,220 Posts
Failed 62 Times in 24 Posts
| Quote:
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.
__________________
Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
| |
| | |
09-04-2024, 10:04 AM
|
#33030 | | Rs has made me the woman i am today!
Join Date: Mar 2006 Location: Vancouver
Posts: 4,169
Thanked 3,014 Times in 1,386 Posts
Failed 58 Times in 33 Posts
| Quote:
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  | |
| | |
09-04-2024, 10:16 AM
|
#33031 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
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.
| |
| | |
09-04-2024, 10:34 AM
|
#33032 | | Rs has made me the woman i am today!
Join Date: Mar 2006 Location: Vancouver
Posts: 4,169
Thanked 3,014 Times in 1,386 Posts
Failed 58 Times in 33 Posts
|
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.
| |
| | |
09-04-2024, 10:34 AM
|
#33033 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
Posts: 3,002
Thanked 2,844 Times in 1,220 Posts
Failed 62 Times in 24 Posts
| Quote:
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
__________________
Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
| |
| | |
09-04-2024, 10:39 AM
|
#33034 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
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
| |
| | |
09-04-2024, 10:47 AM
|
#33035 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,125
Thanked 6,005 Times in 2,603 Posts
Failed 104 Times in 66 Posts
| Quote:
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?
__________________ Feedback
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
| | |
| | |
09-04-2024, 11:45 AM
|
#33036 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,869
Thanked 2,578 Times in 992 Posts
Failed 253 Times in 72 Posts
| Quote:
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%
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
| |
| | |
09-04-2024, 11:55 AM
|
#33037 | | Rs has made me the man i am today!
Join Date: Mar 2011 Location: Vancouver
Posts: 3,002
Thanked 2,844 Times in 1,220 Posts
Failed 62 Times in 24 Posts
| Quote:
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).
__________________
Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
| |
| | |
09-04-2024, 11:58 AM
|
#33038 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,686
Thanked 15,046 Times in 6,010 Posts
Failed 2,068 Times in 693 Posts
|
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.
__________________
Dank memes cant melt steel beams
| |
| | |
09-04-2024, 12:05 PM
|
#33039 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
So are those beams actually for support or looks? Buddy Guy special? The basement looks pretty buddy guy special.
| |
| | |
09-04-2024, 12:23 PM
|
#33040 | | private modder
Join Date: Feb 2002 Location: North Shore
Posts: 6,847
Thanked 2,809 Times in 788 Posts
Failed 47 Times in 35 Posts
|
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.
| |
| | |
09-04-2024, 12:24 PM
|
#33041 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Oct 2016 Location: Ricemond
Posts: 9,137
Thanked 10,648 Times in 3,813 Posts
Failed 477 Times in 241 Posts
|
3 mill to live in this neighbourhood?!?!? Fuck that
| |
| | |
09-04-2024, 12:30 PM
|
#33042 | | RS controls my life!
Join Date: Nov 2012 Location: YVR
Posts: 765
Thanked 531 Times in 274 Posts
Failed 64 Times in 21 Posts
| Quote:
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
| |
| | |
09-04-2024, 12:30 PM
|
#33043 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
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 | |
| | |
09-04-2024, 01:04 PM
|
#33044 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,686
Thanked 15,046 Times in 6,010 Posts
Failed 2,068 Times in 693 Posts
|
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.
__________________
Dank memes cant melt steel beams
| |
| | |
09-04-2024, 01:15 PM
|
#33045 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,125
Thanked 6,005 Times in 2,603 Posts
Failed 104 Times in 66 Posts
|
$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
__________________ Feedback
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
| | |
| | |
09-04-2024, 01:25 PM
|
#33046 | | I *heart* Revscene.net very Muchie
Join Date: Apr 2001 Location: Burn-A-Bee
Posts: 3,989
Thanked 416 Times in 189 Posts
Failed 10 Times in 10 Posts
| Quote:
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
Blah™
| |
| | |
09-04-2024, 01:36 PM
|
#33047 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
I wonder who the target buyers are? Buddy guys must be eating good working at Walmart and Amazon to buy $3m Surrey mansions
| |
| | |
09-04-2024, 02:05 PM
|
#33048 | | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Mar 2011 Location: NYC
Posts: 1,532
Thanked 1,479 Times in 522 Posts
Failed 57 Times in 15 Posts
|
Isn't Fraser Heights a lotta asian families?
That and South Surrey are the nice parts
__________________
2002 AP1 S2000 "Mustard"
2024 F150 Lightning
Past:
- '09 Ducati Monster 696 "Ketchup"
- '20 Dodge Charger R/T 5.7
- '20 Ford Mustang GT Convertible
- '04 Acura TL 6MT
- 🛴 Lime Scooter 🛴
- '16 Golf 1.8T
- '09 MB E63 AMG
- '06 Honda Accord V6[/SIZE]
| |
| | |
09-04-2024, 02:14 PM
|
#33049 | | To me, there is the Internet and there is RS
Join Date: Apr 2007 Location: Okanagan
Posts: 16,706
Thanked 9,398 Times in 4,091 Posts
Failed 427 Times in 225 Posts
|
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
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed] Quote:
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: | | |
| | |
09-04-2024, 02:57 PM
|
#33050 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,637
Thanked 1,971 Times in 1,041 Posts
Failed 206 Times in 125 Posts
|
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  | |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 03:34 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
