Finance Minister Jim Flaherty shouldn’t interfere with mortgage pricing set by the country’s lenders, Bank of Nova Scotia Chief Executive Officer Richard Waugh said Flaherty, who has taken steps to cool the housing market in a bid to avert a crash, raised concerns last month over reduced five-year mortgage rates offered by Bank of Montreal […]

DID YOU KNOW… The Home Buyers’ Plan (HBP) is a program for first-time homebuyers that allows you to withdraw funds from your RRSPs to buy or build a home. You can withdraw up to $25,000 tax-free ($50,000 for a couple). Your RRSP contributions must remain in the RRSP for at least 90 days before you […]

 You may have heard about already low interest rates getting even lower and wonder what to do with this information! When there is a change in rates of 0.5- 0.8 of a percent it’s worth it for us to work the numbers to see if there is any additonal savings by taking advantage of todays […]

Obtaining financing on a new or existing home can be a stress-free, straight-forward process if you’re prepared. But if you’re not prepared, there are many common mistakes you can make. Most of these mistakes are easily avoidable with some preparation and informed advice – feel free to call or email with any questions/concerns! Below are […]

Courtesy of the Globe and Mail March 2013 Finance Minister Jim Flaherty has pressed Manulife Bank into reversing a mortgage-rate cut, underscoring the government’s determination to prevent lenders from stoking the housing market at a time of soaring consumer debt. Mr. Flaherty instructed one of his officials to call Manulife on Monday night and indicate […]

Learn about 4 Emotional Mistakes Costing Money In Real Estate!! rob_interview_march_21.mp3

If you are planning on buying a new home over the next two years, then you  need to know about the 2% BC Transition Tax. It is a new tax that comes into effect on April 1, 2013. It will apply to the  sale of new residential homes that are 10% or more complete as […]

As heard on The Mortgage Show on CKNW with Angela Calla. To get pre approved email us at callateam@dominionlending.ca or call 604-802-3983 Wonder what the sellers agents job is, and what their contractual obligations are? Don’t make the mistake of not knowing that could cost you thousands Listen to this to learn 1. Why it’s […]

The Mortgage Show is joined by Maureen McGrath our resident RN at CKNW & Sexpert discuss these 3 topics   1. How when finances are tight, the silence in the bedroom isn’t always a good thing. 2. Sexual drive and worth and its connection to money 3. The freedom when you feel accomplished in you […]

Courtesy of The Globe and Mail Banks operate under the scrutiny of government watchdogs. But when it comes to mortgages, those watchdogs don’t watch everything they could. “Individual (bank) mortgage reps operate outside of regulatory boundaries which commonly govern licensed professionals,” says Samantha Gale, a former mortgage regulator with B.C.’s Financial Institutions Commission and chief […]