The Now News Announces Business Excellence Nominees Angela Calla has been a licensed mortgage broker for 14 years. She has been with Dominion Lending Centres since its inception in January 2006. Residing in Port Moody, British Columbia, Angela is a regular expert guest on several news stations, television shows, radio programs and local and national […]

Everything you need to know when purchasing your home. Home Buyers Guide Angela Calla has been a licensed mortgage broker for 14 years. She has been with Dominion Lending Centres since its inception in January 2006. Residing in Port Moody, British Columbia, Angela is a regular expert guest on several news stations, television shows, radio […]

http://business.financialpost.com/news/economy/after-hiking-twice-theres-no-predetermined-path-for-rates-from-here-poloz The best mortgage plan is one that is developed by assessing your goals and life stage. The Angela Calla Mortgage Team will help you personally, call us at 604-802-3983 or email callateam@dominionlending.ca. To contact Angela Calla directly call 604-802-3983 or visit www.angelacalla.ca.

In addition to recent rate hikes, we have even more regulation changes coming that will make it more difficult to qualify for mortgages and access your equity from this point on. To protect yourself in the best way possible: 1. If you have a mortgage renewal in the next year, please contact us directly to […]

The Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. It is most likely prime will follow with the full .25 percent increase within hours if not a day. Should you lock […]

Tougher Mortgage Rules Ahead Are you planning to move, renovate, invest or consolidate debt? Tougher mortgage rules are on the horizon that may prevent you from being approved for a mortgage! As your local independent mortgage professional, my team is here to help! Plan ahead, explore your financing options today and look at the ‘what […]

Is My Mortgage Portable? The question: ‘Is my mortgage portable?’ The answer most often given: ‘Yes.’ This answer is increasingly wrong. In reality, you may qualify to move 80% or less of the current balance. The proper question: ‘Do I need to re-qualify for my current mortgage to move to a new home?’ The proper […]

Ten Things to Know About Prime & Your Mortgage 1.Fixed-rate mortgage holders are not affected by Bank of Canada rate changes during their current term. Only those in either adjustable-rate or variable-rate mortgages need read on. 2.On July 12 lenders increased variable-rate borrowing costs by 0.25% to match the Bank of Canada increase of the […]

CHIP News: Top 3 Misconceptions About Reverse Mortgages In Canada I recently read an article by Jamie Hopkins in Forbes magazine, entitled “Americans Don’t Even Know What Their Most Important Retirement Asset Is”. The article highlighted 3 common misconceptions about reverse mortgages and unsurprisingly, they are prevalent in Canada as well as in the U.S. […]

Trivia question: What is the interest rate you’re paying on your various debts? Interest rates seem vitally important in a week in which the Bank of Canada raised its benchmark lending rate for the first time in seven years, but they’re not what you should be focusing on as you prepare for the possibility of […]