Thinking of giving your landlord  a notice? Test drive a mortgage payment #callateam read & share In both rising markets and softer markets there will be many people contemplating making a move to a larger home and with that larger home often comes a larger mortgage. Last month’s newsletter offered technical tips to help prepare […]

Can you trust your financial adviser? Ask these 3 questions to find out: Click Here to read the full article How people are compensated and what long term plan they have for you are the most important fundamentals to your long term success. To get the best mortgage plan and get an ongoing mortgage plan- […]

Buyers have choice & power.Buyers should walk away from bidding wars, and say they will only consider an offer if the first one does not go through so they don’t participate in inflating the market.Removing the emotion is key, and having a strategic plan with a realtor of integrity is fundamental in this plan one […]

BC Living highlights the top five reasons to do so NOW Here are the five reasons: the prime rate has dropped; first-time home buyers have an advantage; seller’s market means plenty of options; a timely renewal could save you BIG money; and lenders are competing for your attention. Find the full article here Questions on determining the […]

RBC will start charging customers fees to pay their mortgage, reports @CBCNews Banking fees are going up at all of Canada’s five big banks, but some customers of RBC in particular are outraged about the changes. They’re accusing Canada’s biggest bank of targeting children and those who can least afford      Read the entire […]

According to the Financial Post, they want you to forget gold and buy a Vancouver condo if you want to stash your wealth! “Gold has lost its lustre…The two greatest stores of wealth internationally today is contemporary art….. and I don’t mean that as a joke, I mean that as a serious asset class,” said Laurence D. Fink,chairman […]

Be prepared to have more limited #mortgage options if you fall into the 5-plus property category Click HERE to read the Business Vancouver article Angela Calla, AMPDominion Lending Centres-Angela CallaHost of ” The Mortgage Show” Saturdays @ 7pm on CKNW AM980Phone : 604-802-3983 Fax: 604-939-8795Email: acalla@dominionlending.cawww.angelacalla.ca

The following changes below break down to 3 things being clarified 1.       No cashback mortgages anymore 2.       Harmonized qualifying between lenders- less applicants will qualify for the variable rate mortgage, it remains a luxury. 3.       Letters of Employment will continue to always be required (no real news here)   Questions on the best mortgage for you? Contact The […]