YouTube - DionIvans's Channel

Click on the link below to view the Dion-Ivans Group's You Tube Channel.

YouTube - DionIvans's Channel#p/a/u/2/MdSm3WtoNrk

The Dion-Ivans Real Estate Group - Your best source for Kelowna Real Estate.

Kelowna North Condo for sale : 2 bedrooms : 2002 1128 Sunset Drive in Kelowna

Click on the link below to view one of Kelowna's finest condo's....

Kelowna North Condo for sale : 2 bedrooms : 2002 1128 Sunset Drive in Kelowna

The Dion-Ivans Real Estate Group - Your best source for Kelowna Real Estate.

Okanagan Mainline Real Estate Board: Buying a Home

Click on the link below to view some great information on buying a home in Kelowna.

Okanagan Mainline Real Estate Board: Buying a Home

The Dion-Ivans Group - Your best source for Kelowna Real Estate.

Dilworth Mountain House for sale : 3 bedrooms : 2385 Selkirk Drive in Kelowna

Dilworth Mountain House for sale : 3 bedrooms : 2385 Selkirk Drive in Kelowna

The Dion-Ivans Real Estate Group - Your best source for Kelowna Real Estate.

Kelowna North Condo for sale : 2 bedrooms : 2002 1128 Sunset Drive in Kelowna

Kelowna North Condo for sale : 2 bedrooms : 2002 1128 Sunset Drive in Kelowna

The Dion-Ivans Group - Your best source for Kelowna Real Estate.

House prices on healthy rise: Royal LePage

House prices on healthy rise: Royal LePage

The Dion-Ivans Group - Your best source for Kelowna Real Estate.

The Value of Using a REALTOR®:

The Value of Using a REALTOR®:

The Dion-Ivans Group, your best source for Kelowna Real Estate.

Lake Country Development Property - Zoned C10 Service Commercial

Lake Country West Commercial for sale: 12075 Oceola Road in Lake Country

The Dion-Ivans Group - Your best source for Kelowna Real Estate

CBC News - Consumer Life - Free mortgage tools published online

CBC News - Consumer Life - Free mortgage tools published online

The Dion-Ivans Group, your best source for Kelowna Real Estate

Great Mortgage Rates - Money is on Sale!!

Interest rates for borrowing money is at an all time low so why not take advantage of the situation. The attached articles approach to borrowing may be a little aggressive however the writer is more or less making a point that money is cheap. For starters, in the past over 80% of the time it has been proven variable rates are the better choice than fixed rates. With fixed rates being at all time lows, this may be part of the 20% where variable rates are not the better option versus fixed rates. With 5 year rates at or near 3.50%, locking in for 5 years at these low rates may be a great option. Consolidating high interest rate debt into your home mortgage at the low rate is also a great idea to consider in order to increase your monthly cash flow by paying less interest on your current debt. Other potential opportunities include borrowing for business start ups, placement  into investments or purchase more real estate.

Information courtesy of Paul Cescon of Creative Mortgage Corp.

The Dion-Ivans Group - Your best source for Kelowna Real Estate

Kelowna Real Estate Listing - 127 Clifton Rd

Completely remodelled home with absolutely stunning views of Okanagan Lake! This home is sure to impress - it has been graced with a "Martha Stewart" touch and a view to die for. Privacy - Comfort - and Beautiful Views!!!! REDUCED $20,000 to $479,999. Visit http://www.kelownahomefinders.ca/ for more information.

The Dion-Ivans Group, your best source for Kelowna Real Estate.

Bank of Canada

As anticipated the Bank of Canada has held its target for the overnight rate at 1%.  This means there will be no change to Prime Rate at this time.

In addition to the rate announcement, the BoC downgraded economic expectations and stated that the economy will be back to full capacity by the end of 2012 vs. its previous prediction of the beginning of 2012.  The prediction of total CPI and core inflation to reach the desired 2% goal was also changed from the beginning of 2012 to the end of 2012.

To read the full Bank of Canada press release please click on the following link:

http://www.bankofcanada.ca/en/fixed-dates/2010/rate_191010.html

The Globe and Mail does a good job at reviewing the BoC’s decision:

http://www.theglobeandmail.com/report-on-business/economy/interest-rates/bank-of-canada-holds-rate-at-1/article1763085/

Information provided by Marc Gobiel of TD Bank.

Call the Dion-Ivans Group for all your Kelowna Real Estate needs!!