Clarifying Reverse Mortgages

General Angela Calla 12 Aug

We recently did a segment with Global News BC to help educate Canadians on Reverse Mortgages as an option. This could be a great wealth-building tool for those over the age of 55 who are: Looking to purchase additional property without selling their home Wanting the freedom of no mortgage payments Desire a home renovation […]

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Finally Some Good News on the Inflation Front

General Angela Calla 10 Aug

It was widely expected that US consumer price inflation would decelerate in July, reflecting the decline in energy prices that peaked in early June. The US CPI was unchanged last month following its 1.3% spike in June. This reduced the year-over-year inflation rate to 8.5% from a four-decade high of 9.1%. Oil prices have fallen […]

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Beat the Heat and Save!

General Angela Calla 9 Aug

Summer is finally here so be sure to enjoy it! To help you beat the heat AND save money while you do, here are some tips: Use Portable and Ceiling Fans: Instead of cranking the A/C (and your electricity bill) consider cooling down with portable and ceiling fans. They can help ease the stress on your unit […]

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Ways Reverse Mortgages Can Help

General Angela Calla 8 Aug

As of late, the impact of rising interest rates and inflation are causing many to struggle with their debt payments and expenses. Here are just a few ways that CHIP reverse mortgage can help: Prepayment for adult children – clients facing higher payments and looking for ways to reduce. Bank of mom/dad may be able […]

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In case you missed The Mortgage Show on July 5, 2022

General Angela Calla 4 Aug

HomeEquity Bank’s very own Yvonne Ziomecki, EVP Marketing and Sales was recently a special guest of DLC’s COO Dong Lee on The Mortgage Show. In case you missed it, Dong and Yvonne spoke about a variety of topics, but especially about how brokers can use the CHIP Reverse Mortgage to help clients during this economic […]

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5 Renovations With the Best ROI

General Angela Calla 4 Aug

When it comes to home renovations, we know things can add up quickly! If you’re looking to update your home or make some changes to your space, there are a few simple things you can do that are affordable AND have a great return on investment: Fresh Coat of Paint: It is amazing what a […]

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Bank of Canada Financial System Review—2022

General Angela Calla 3 Aug

Here is a summary of Canada’s households and mortgages (see chart below). Does this chart surprise you? Angela Calla is an 18-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through […]

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Adapting Your Finances

General Angela Calla 2 Aug

The latest news has been focused on rising interest rates, surging inflation, and economic uncertainty with suggestions that the Canadian economy could be tripped into recession. With all this information circulating, now is a good time to discuss ways to adapt your finances and protect your future. Fortunately, there are a few key things you […]

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Bank of Canada publishes 2023 schedule for interest rate announcements

General Angela Calla 28 Jul

The Bank of Canada today published its 2023 schedule for the release of its policy interest rate decisions and quarterly Monetary Policy Report. The dates are as follows: Wednesday, January 25* Wednesday, March 8 Wednesday, April 12* Wednesday, June 7 Wednesday, July 12* Wednesday, September 6 Wednesday, October 25* Wednesday, December 6 The Bank also reconfirmed the scheduled […]

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