Finance

April 5, 2026

Were 1980s Mortgage Rates Really Worse? The Math Says No!

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March 14, 2026

What Canada's February Jobs Report Means for Kelowna Real Estate Buyers

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March 4, 2026

Conditional Mortgage Approval Is Not Approval: What Every Kelowna Buyer Must Know

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Dec. 25, 2025

Are Closing Costs Tax Deductible When Buying a Home in Kelowna BC?

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July 26, 2025

BC Mortgage Pre-Approval Explained: For Home Buyers in Kelowna, Vernon, and Beyond

 

 

 

 

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Posted in Finance
June 14, 2025

Why Smart Kelowna Buyers Chase Scarcity

By Michael A. Jones – PREC* | Royal LePage Kelowna

Smart Kelowna Buyers Chase Scarcity

I don’t skimp on shoes.

Tried that. They looked fine, but they hurt. They didn’t last. I ended up replacing them — and spending more in the long run. So now I buy the best pair I can afford. They fit …

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May 23, 2025

How Some Kelowna Homeowners Are Making Their Mortgage Tax-Deductible

Michael A. Jones – PREC* | Royal LePage Kelowna

The Smith Manoeuvre explained for Canadian homeowners

Mortgage interest isn’t tax-deductible in Canada — unless you use a financial strategy called The Smith Manoeuvre™. Originally developed by Fraser Smith, this approach has helped some Canadian homeowners gradually convert their mortgage debt into tax-deductible investment loans.

If you're a …

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May 20, 2025

10 Types of Mortgages in British Columbia Every Buyer Should Know

Michael A. Jones – PREC* | Royal LePage Kelowna

Types of mortgages in BC explained visually

In British Columbia, home buyers have access to a variety of mortgage types depending on their financial profile, down payment, and property goals. Whether you’re a first-time buyer or moving up, understanding your options can help you make a smart, informed decision …

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Posted in Finance, Mortgages
Nov. 6, 2024

Navigating Kelowna's Housing Affordability: Strategies for Buyers

Kelowna's real estate market has experienced significant growth, leading to increased home prices and challenges in affordability. As of September 2024, the median price for a single-family home reached $1,104,600, making it essential for prospective buyers to adopt effective strategies to navigate this competitive landscape.

Understanding the …

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Nov. 6, 2023

The List-Price-to-Sale-Price Ratio: A Vital Indicator in Real Estate Transactions

When stepping into the real estate arena, whether you're a seasoned investor or a first-time homebuyer, one metric that should command your attention is the list-price-to-sale-price ratio. This ratio is not just a number—it's a storyteller, revealing underlying market trends and helping to shape transaction strategies.

Decoding the …

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