Bank of Canada maintains overnight target rate at 1%

General Angela Calla 12 Apr

Good Morning, As suspected rates have held steady this morning, meaning no change to variable rate mortgages or lines of credit with the current payments. Fixed interest rates (which are tied to the bond market) have been on the rise over the last week on average 30 basis points. With timing being a key componet to financial freedom […]

Read More

Summer rate hike looms with bank on election pause

General Angela Calla 8 Apr

JEREMY TOROBIN – The Globe and Mail As the recovery gains momentum, it’s increasingly clear a summer interest-rate hike is in the cards, even if Mark Carney is very unlikely to touch borrowing costs this Tuesday. And for the first time in more than a decade, one of the Bank of Canada’s most effective tools […]

Read More

Why Rates may hike sooner than later

General Angela Calla 7 Apr

Why we might see a rate hike sooner rather than later Paul Vieira, Financial Post OTTAWA — Stronger economic growth, propelled by a commodity boom and an improving U.S. job market, will prompt the Bank of Canada to begin rate hikes in July to a 2% level by the end of the year and 3.5% […]

Read More

Angela Calla Mortgage Team Monthly Newsletter

General Angela Calla 6 Apr

  Having trouble viewing this email? Click here       April 2011       Angela Calla, AMP Dominion Lending Centres Phone: (604) 802-3983Cell: Fax: (604) 939-8795E-mailWebsite     DID YOU KNOW… Dominion Lending Centres’ national spokesperson is Don Cherry. Don has a recognizable presence and voice across Canada, and is best known for […]

Read More

Fixed interest rates creeping up

General Angela Calla 5 Apr

Canada’s big banks raising residential mortgage rates ahead of busy period By The Canadian Press TORONTO – Several of Canada’s big banks are raising most of their fixed-term mortgage rates ahead of the busy spring real estate market. TD Canada Trust (TSX:TD) TD said the biggest increases will be for mortgages with terms of five […]

Read More

The Lure of Living in BC

General Angela Calla 31 Mar

The Lure Of Living In B.C. Real estate adviser Ozzie Jurock describes his passion for this province – and the reasons why he will always buy B.C. real estate. By Ozzie Jurock         First off, I just love B.C. B.C.’ers have learned to become a “black belt in life” – that truly balanced […]

Read More

Mortgage Experts get consumers the BEST mortgages

General Angela Calla 31 Mar

Experts best at brokering mortgage    Denise Deveau, Postmedia News · Mar. 30, 2011 | Last Updated: Mar. 30, 2011 4:04 AM ET Cheryl Hutton and Aaron Coates always thought getting a mortgage would be a challenge. But within 18 days of visiting a mortgage broker, they were able to close a deal on a […]

Read More

The Art of Negociation

General Angela Calla 23 Mar

With a busy spring market, I found this article of interest. The delicate art of negotiation WillingSellerWillingBuyer.com When Jody bought his condo, he beat out a competing offer that was $10,000 higher. How? A little strategic psychology and the WillingSellerWillingBuyer.com real estate system!       Jody W  is one happy man. Just before the holidays this renter […]

Read More

Japan-The Financial Impact long and short term to Canada

General Angela Calla 18 Mar

Japanese disaster won’t plunge global economy back into recession: economists By Sunny Freeman TORONTO – Recent tragic events in Japan follow a string of global catastrophes that could slow economic recovery in the short term, but should not push either the Canadian or global economies back into recession, according to some of Canada’s top economists. […]

Read More

Important Bank Change

General Angela Calla 11 Mar

Important bank announcement coming! One of the major banks announced that as of March 16th they’re going to make it easier for  people who rely on alternative courses of income to get approved for a mortgage. This shows us that the banks are feeling more confident in Canadian consumers and seeing that the channels they’re […]

Read More