Thursday, January 29, 2026 10:03:41 PM UTC
Mortgage Rates Hold, Applications Down This Week

This week saw a decrease in overall home purchase applications but the average mortgage rate held steady at or around three-year lows. The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate mortgage (FRM) averaging 6.10%, a slight increase of 1 basis point from last week’s rate average of…

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Mixed Mortgage Message: Prepayments Tick Up on Refi Rush While FHA Foreclosure Activity Surges

Lower mortgage rates at the end of 2025 prompted a refinance rush among current homeowners, helping boost prepayment rates to their highest level in three years, according to a new report from ICE Mortgage Technology. The monthly mortgage prepayment rate rose to 0.91% in December, just below the 3.5‑year high set in October, ICE reported…

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2025 Home Sales Data Suggests a Shift Toward Market Normalization This Year

With predictions flooding in left and right from real estate economists suggesting that 2026 will be an improved year for housing, recent data from ATTOM supports this view—showing that home sale trends that began in 2025 will pave the way toward normalization in the market throughout 2026. ATTOM’s Year-End 2025 U.S. Home Sales Report found…

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Zillow Launches New Campaign: ‘Someday Starts Today’

Zillow has announced its new national brand platform—“Someday Starts Today”—designed to support people at every stage of the home journey, from those ready to move now to those still only imagining what’s possible. The campaign debuts Feb. 1 in connection with Zillow advertising that will air during the Grammy Awards broadcast, and the portal stated…

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Home Remodeling Spending Projected to Grow Slowly in 2026

How many remodeling referrals should agents expect to hand out to past clients this year? According to the Harvard University’s Joint Center for Housing Studies (JCHS) latest update to its Leading Indicator of Remodeling Activity (LIRA), spending on remodeling is expected to grow, but slow down gradually, as the year goes on.  The current year-over-year…

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The 42nd Annual Vancouver International Wine Festival

Do you have plans from February 22 to March 1? If not, here's a treat if you're a wine lover!

With all the various events happening this love month, it’s a shame if you can’t attend one! You know how much I love wine! So, why not go out and join in on one of Canada’s oldest events of its kind in the world.

2020 marks the 42nd year of the Annual Vancouver International Wine Festival. Can you believe it? The wine selection is fantastic and the participants have been carefully chosen. With over 775+ wines available for sampling, you won’t go out empty-handed! Get to understand different cultures by the flavour of their wine. Move from one country/region simply by moving from one tasting room to another.

Oh and if you don't have a date for Valentine’s Day, this may be a chance to meet someone special over a glass of wine! Don’t wait any longer! Visit www.VanWineFest.ca and grab a ticket.

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Categories:   Kelowna
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