General Angela Calla 24 Jul
We hope you are enjoying summer. We are pleased to share some positive news regarding the recent Bank of Canada rate announcement this morning. Prime Rate has decreased which will impact Adjustable Rate Mortgages (ARM’s) and Lines or Credit by approx. $13 dollars per $100k, while working to reduce the amortization of Variable Rate Mortgage […]
Read MoreGeneral Angela Calla 10 Jul
Myth: There will be nothing left for my kids if I take a Reverse Mortgage “I have kids so I don’t want to leave nothing for them”. I hear this and it’s not an accurate statement. A reverse mortgage is not only suitable for people without kids or for those not concerned with passing anything […]
Read MoreGeneral Angela Calla 2 Jul
Welcome to the July issue of my monthly newsletter! Things are starting to heat up as we head into July! For those first-time buyers looking to purchase a home, I have all the details for you below! For those other homeowners hoping to stay cool and enjoy their spaces this season, scroll down for tips […]
Read MoreGeneral Angela Calla 25 Jun
Canadian Inflation Rose In May, Surprising Markets Inflation unexpectedly rose in May, disappointing the Bank of Canada as it deliberates the possibility of another rate cut next month. The Consumer Price Index (CPI) rose 2.9% in May from a year ago, up from a 2.7% reading in April. This increase primarily reflects higher prices for […]
Read MoreGeneral Angela Calla 21 Jun
Port Moody Welcomes Back the Terry Fox Run on September 15th, 2024 After a long hiatus due to the COVID-19 pandemic, the beloved Terry Fox Run is making its triumphant return to Port Moody on September 15th, 2024. This cherished event, which brings together residents and businesses in a spirit of community and philanthropy, has […]
Read MoreGeneral Angela Calla 6 Jun
Angela Calla appeared on CBC National News yesterday to discuss the Bank of Canada’s recent rate decrease and its impact for homeowners and homebuyers. The 11 minute interview we believe is a must watch for anyone who is up for renewal, or considering a home purchase. Topics we cover include Understanding the Rate Decrease Different […]
Read MoreGeneral Angela Calla 5 Jun
We are pleased to inform you that today, the Bank of Canada reduced its target for the overnight rate by 25 basis points, bringing it down to 4.75%. This is the first interest rate cut since the tightening cycle began in March 2022. A Positive Step for Homeowners and Borrowers Although there will likely be […]
Read MoreGeneral Angela Calla 4 Jun
This month, let’s talk about how mortgage pre-approval versus pre-qualification for those potential buyers out there, PLUS some of the best home features for pets! Scroll down for all the details and have a great month. Mortgage Pre-Approval vs. Pre-Qualification Looking to buy your first home? Thinking about making a move? Whatever your goals, when […]
Read MoreGeneral Angela Calla 4 Jun
What to Know at Renewal Is your mortgage coming up for renewal this year or in 2025? Do you know about all the incredible options renewing your mortgage can afford you? If not, I have all the details here on how to make the most of your renewal! Get a Better Rate: Did you know […]
Read MoreGeneral Angela Calla 31 May
As we approach the property tax deadline, we want to remind you of the important dates and steps you need to take to ensure your property taxes are paid on time. This is particularly important for those of you who purchased a property earlier this year. Key Dates to Remember: •Property Tax Due Date: July […]
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