Canadian real estate continues to deliver better returns than the stock market. Click here for a video from the Globe and Mail. For mortgage staratagies that will add to your equity and minimize your living expenses contact the Angela Calla Mortgage Team at acalla@dominionlending.ca or call 604-802-3983 www.angelacalla.ca  

Bank of Canada Governor Mark Carney expects the Canadian economy to grow through the rest of this year and signaled Tuesday he stands ready to use a variety of tools and policy options to ensure stability.  In a speech to the Saint John Board of Trade, Carney also said the European debt crisis is “fixable”, […]

Sometimes it’s hard to keep track of all the things we’re “supposed” to do with our money.   If you’re feeling overwhelmed, it can help to start by focusing on a smaller list of things that you shouldn’t do.   Click here for a list of money mistakes to avoid from MoneySmartLife.com.

An interest-saving meal plan.  Some 47% of Canadians say eating out less would help them save more. Sounds logical, since frequent diners can drop $100+ a pop at a decent restaurant. But what if that same $100 was redeployed, once a month, as a mortgage prepayment? The result is appetizing in its own right. A […]

   Good Morning, As antisipated the lending rate has held steady, meaning no change to your variable rate mortgage or line of credit payment. The full report can be read on this link http://www.bankofcanada.ca/2011/09/press-releases/fad-press-release-2011-09-07/ Tara and Allan of Port Moody this week contacted us for a mortgage review after being introduced to us from their parents and […]

By Mary Gazze, The Canadian Press Canada’s national housing agency says it expects home sales and construction activity will cool but remain healthy in the second half of the year, due to favourable economic conditions that push up demand for homes. Canada Mortgage and Housing Corp. said Monday that lower unemployment, a steady level of […]

What do falling rates mean for borrowers? This clearly falls into the 88% of the time where borrowers get significantly ahead by having a variable-rate mortgage. With the mess in the US expected to take several years to get sorted out, we’re in an unprecedented time where we can safely assume rates will remain low. […]

It’s important to ensure you’re working with an experienced professional mortgage planner carrying an AMP designation. Since this is the largest financial transaction of your life, you need partner with someone who is capable of properly advising you and troubleshoot any issues that may arise. What questions do you ask? These questions must be answered […]

Consumer price index eases to 2.7 per cent for July, Statistics Canada says  the first time that inflation has been below a pace of three per cent since February which will give BoC some wiggle room to keep rates low. OTTAWA – The pace of inflation eased in July as increases in the price of […]

The debt problems in the US and Europe have taken the pressure off Canadians with mega-mortgages and credit lines that are over the line. Remember how Bank of Canada Governor Mark Carney and Finance Minister Jim Flaherty were warning not too long ago that high personal debt levels could become unmanageable when interest rates moved […]