Darpan News Desk The Canadian Press, 09 Oct, 2023 10:14 AM
It is a conundrum that has faced countless homebuyer in recent years -- choosing a fixed- or variable-rate mortgage
That question has taken on even more significance following the Bank of Canada's recent run on rate hikes.
Meridian Credit Union's Allison Van Rooijen says she's seeing borrowers increasingly opt for fixed-rate mortgages because of the stability they offer.
Another trend she notices among fixed-rate borrowers is they're opting for shorter terms than the typical five-year loan as they take a wait-and-see approach to where interest rates are headed next.
Prime Minister Justin Trudeau will travel to New York next week to take part in the 78th meeting of the United Nations General Assembly. The Prime Minister's Office confirmed today that Trudeau will be at the UN Sept. 19-21, with the climate crisis and sustainable development at the top of his agenda.
Coquitlam and Port Coquitlam residents can now access police data about crime in their cities online. The Coquitlam R-C-M-P says it has launched its new property crime dashboard, allowing members of the public to explore crimes reported in the cities on an interactive map tool.
An RCMP expert testifying at Ibrahim Ali's murder trial said the first DNA evidence linking the accused to the killing of a 13-year-old girl in Burnaby, B.C., came from a discarded cigarette butt. Christine Crossman says Ali's DNA from the cigarette was then matched to the DNA recovered from the body of the girl who was found dead in Burnaby's Central Park six years ago.
A British Columbia man who is suing the RCMP claims he walked naked out of his shower to find a female uniformed Mountie standing in his bedroom. Kirk Forbes says the encounter in his Coquitlam home in June 2022 left him "shocked, confused and embarrassed."
Mounties in southeastern British Columbia say the pilot of a small plane used Highway 6 as a runway after experiencing engine trouble. Police say a member of the public informed them on Tuesday that the plane was parked on the side of the highway, near Salmo.
Police in Abbotsford say a 35-year-old pedestrian died late last night after being hit by a vehicle. The death came just hours after an unrelated head-on crash involving two vehicles in the southwest corner of Abbotsford, leaving both drivers -- a 49-year-old man and 29-year-old woman -- with potentially life-threatening injuries.
