Should You Break Your Mortgage Early?

General Angela Calla 11 May

A big hello from our team and we hope you have been keeping well. With the rising inflation impacting us all, we thought we would share how we may be able to help if you have a mortgage, and compound that benefit if you have debt outside of your mortgage. Wade, our client from Nanaimo […]

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Why Bond Yields Affect Your Mortgage Rates

General Angela Calla 11 May

In a recent article, we looked at how the Bank of Canada’s policy rate affects other banks’ prime rates and what it means for borrowers. The bank’s interest rate impacts a lot of what happens in the Canadian financial system, but it isn’t the only important variable that investors should know about. Another common figure that plays […]

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Home Security Tips

General Angela Calla 6 May

Looking for some tips to improve your home security? While there are many things you can do, the security you choose will depend on your comfort level and preferences. Check out these ideas below to help get you started! Reinforce the windows on your first floor with window stops Use deadbolts instead of spring-latch locks. […]

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Dreaming of a Home Away From Home?

General Angela Calla 4 May

If you are dreaming of your very own vacation home, there are ways to make it happen! Let me walk you through your options. When it comes to taking on a vacation property, you will need to have a minimum down payment of 5% of the purchase price. If you are purchasing a non-winterized vacation home, […]

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Reverse Mortgage Breakdown

General Angela Calla 3 May

What is a reverse mortgage? A reverse mortgage is an equity product available for those 55+ that allows you to tap into your equity without making a monthly payment. They can be fairly conservative in how much they lend, and it’s based on age and property. The older the client, the higher the approved limit. […]

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Reverse Mortgages and What to Know

General Angela Calla 3 May

For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help! This product is also a great option for anyone wanting to assist their elderly parents. Instead of selling the home […]

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