6 Things all Co-signors should consider

General Angela Calla 10 Sep

6 Things all Co-signors should consider Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc.) live out their dream of owning a home. In today’s market conditions, a co-signor can offer a solution to overcome the high market prices and stress testing measure. For […]

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Mortgage expert and author Angela Calla opens new Tri-Cities office

General Angela Calla 6 Sep

Mortgage expert and author Angela Calla opens new Tri-Cities office   Port Coquitlam, B.C. – Tri-Cities residents seeking mortgage options have a new place to start their search. Mortgage expert and best-selling author Angela Calla has opened a brand new office in the heart of Port Coquitlam. The new location at 1465 Salisbury Ave Unit […]

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4 WAYS TO MAKE THE MORTGAGE PROCESS SMOOTHER

General Angela Calla 5 Sep

4 WAYS TO MAKE THE MORTGAGE PROCESS SMOOTHER Mortgages are complicated—we get it! But there are steps that you as a homebuyer can take to make the process a much smoother one (plus let you walk away with the sharpest rate!) 1. Use a Broker This should be the first step you take when getting […]

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Bank of Canada Holds Steady…for now!

General Angela Calla 4 Sep

Bank of Canada Holds Steady…for now! I hope you have had a fabulous summer. While September will have no decrease in the Bank of Canada prime rate, there is room for variable rates to move down.  Here is the full report from today Bank of Canada release and the next meeting is Oct 30th 2019. It […]

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Bank of Canada Should Hold the Overnight Rate at 1.75 Percent Next Week, Cut to 1.25 Percent in Six Months: C.D. Howe Institute Monetary Policy Council

General Angela Calla 3 Sep

August 29, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on September 4, 2019, before lowering it to 1.25 percent by March 2020. The MPC provides an independent assessment […]

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First-Time Home Buyer Incentive Program

General Angela Calla 19 Aug

The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage carrying costs without adding to their financial burdens. Read more details here: First Time Home Buyers Incentive Angela Calla is a 15 year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders get the best mortgage, and educating them […]

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Canadian home sales rise for fifth straight month as mortgage rates decline

General Angela Calla 15 Aug

Homes sales across Canada rose for the fifth consecutive month and recorded a double-digit increase compared to a year ago in part aided by interest rates, according to the Canadian Real Estate Association. However, sales in Vancouver and Toronto, the two largest domestic markets, remained “well below” the levels achieved before mortgage stress tests were […]

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3 THINGS YOU MAY NOT KNOW ABOUT CASH-BACK MORTGAGES

General Angela Calla 15 Aug

About twice a year, one of the big Canadian banks likes to run an advertising campaign for their cash back mortgages. These are mortgages usually with 5 year terms where you receive a certain percentage back in cash. The percentage varies from 1% to 5% in most cases. You can use these funds to build […]

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Mortgage default rates are not a problem

General Angela Calla 9 Aug

There is always a lot of talk about the growing debt in the personal finances of everyday Canadians. And to some extent, it may be true. No doubt, many consumers have gotten used to throwing things on a credit card and then moving on to the next big purchase. The federal government was so concerned […]

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