A diligent saver who demonstrates the ability to put more money down should get the best mortgage terms, right? This isn’t the case lately! Lenders are providing specials for mortgages that are insured because they can sell those loans and have more money to lend. If you have a larger down payment (20% or higher), […]

Bad things can happen to good people. If opting for a consumer proposal or claiming bankruptcy is something you’re considering, you’ll want to ensure you understand all the risks this could have on your ability to get a mortgage (or keep one for that matter). You’ll want to ensure there is no other option in […]

As heard on this weeks Mortgage Show on CKNW with Angela Calla. To get pre approved for this property or any other purchase email the Angela Calla Mortgage Team at callateam@dominionlending.ca or call 604-802-3983 This weeks deal of the week has been brought to you by: http://rboies.mlslink.mlxchange.com/?r=319789016&id=363434333136.312 Robert BoiesRoyal LePage Coronation Westcell: 604 341 3009 t: @willingtwoE-mail: robboies@royallepage.cawww.willingsellerwillingbuyer.com Please […]

As heard on this weeks Mortgage Show on CKNW with Angela Calla Saturday April 21st 2012. To get pre approved for this property or any other purchase email the Angela Calla Mortgage Team at callateam@dominionlending.ca or call 604-802-3983 This weeks deal of the week has been brought to you by: http://rboies.mlslink.mlxchange.com/?r=1119650085&id=363434333136.312 Robert BoiesRoyal LePage Coronation Westcell: 604 341 3009 t: […]

Good Morning, No surprises here, prime remains the same. The full press release can be viewed here: http://www.bankofcanada.ca/publications-research/press-releases/ One of the most popular options being considered currently is a 10 year fixed term at 3.89%.  If your mortgage is coming up for renewal in the next year or you are a first time homebuyer who […]

Two aspects of my life that I really value include my health and wealth. As such, I fully appreciate professionals who take the time to give me advise based on verification – calculation as opposed to mere speculation. For instance, if I’m not feeling well, I will describe my medical symptoms to my doctor and […]

Since there are many myths surrounding mortgage financing, I thought I’d help demystify the top 12 I come across most often! 1. Purchasing a home with a 5% down payment is only for first-time homebuyers. 2. Bi-weekly and semi-monthly mortgage payments are the same thing. 3. There is a fee for a mortgage broker (our […]

With mortgage rates at all-time lows, it seems longer terms are making a comeback. It turns out that fashion isn’t the only thing that comes back into style! In fact, 10-year fixed mortgage rates have never looked so sexy. If you owned a home in the 80s or 90s, you may notice the 10-year term […]

When it comes to your mortgage, timing is everything. The cost of procrastination or not knowing when to make a move has proven to be very expensive over the last few years – even in this historically low interest rate environment. Lenders are looking at cutting costs. They have shown us this by not committing […]

Highlights are listed here http://www.cbc.ca/news/canada/windsor/story/2012/03/29/federalbudget-flaherty-hilights.html 3 points of interest as it relates to our mortgage market from todays budget: 1. CMHC Limits & regulation 2. Framework of oppertunities to private companies to assist the mortgage market 3. Limiting the insurance products the bank can sell. Here is the full link from the Financial Post http://business.financialpost.com/2012/03/29/ottawa-to-toughen-cmhc-oversight/ Working with The Angela […]