Edwin Pilz - Mortgage Broker

Edwin Pilz || February 23, 2023

Do mortgages vanish when people pass away?

The short answer is no. It may seem like a morbid thought, but the fact is, for most people, their mortgage is the largest debt they’ll carry in their lifetimes. As a result, many...

Edwin Pilz || February 06, 2023

British Columbia’s “cooling-off period” now in effect

As of January 1, 2023, British Columbia became the first jurisdiction in Canada to implement a rescission period for real estate transactions, also known as a "cooling-off period.” The amendments...

Edwin Pilz || January 30, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...

Edwin Pilz || January 25, 2023

The Versatility of the CHIP Reverse Mortgage

The Versatility of the CHIP Reverse Mortgage If you are a Canadian homeowner 55+ and require extra cash to satisfy your financial needs in retirement, then you should consider using a Reverse...