BC Housing rally expected to continue through 2014

General Angela Calla 22 Oct

We have seen a significant number of first time homebuyers reviewing their options to purchase a home, market confidence remains high. http://www.theglobeandmail.com/news/british-columbia/bc-housing-rally-expected-to-continue-through-2014/article14979458/ Questions on the best plan for the lowest cost of home ownership? Contact the Angela Calla Mortgage Team today 604-802-3983 callateam@dominionlending.ca  

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4 points to know about mortgage portability

General Angela Calla 15 Oct

Selling your current home and moving into a new one can be stressful enough, let alone worrying about your current mortgage and whether you’re able to carry it over to your new home. Porting enables you to move to another property without having to lose your existing interest rate, mortgage balance and term. And, better […]

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Want to see how 64% of homeowners plan to renovate?

General Angela Calla 15 Oct

Some 65% of Canadian homeowners are planning renovations in the next 12 months and expect to spend an average of $8,992 according to the recent Scotiabank Home Renovations Poll.  Among the provinces, homeowners in Manitoba and Saskatchewan are the most likely to renovate (74%) in the next year and plan to spend the most with […]

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Why Real Estate Doomsayers continue to be wrong

General Angela Calla 20 Sep

This article is a great read as it boils down to: 1. Real estate now and always will be about the fundementals of affordability for your personal circumstances. 2. You can’t time the market. 3. The more you try to predict it the more complex it becomes. Several other great points and resources from the BOC […]

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The Short Term Trap

General Angela Calla 17 Sep

When bond markets move quickly lenders scramble to offer lower terms – 1-4 years in efforts to lure clients in with lower rates that can correspond. But, it’s important to remember that the lowest rate does not always guarantee the lowest cost for your mortgage over time! Here’s why: 1. Ottawa says they don’t want […]

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Time to Lock in your Mortgage?

General Angela Calla 30 Aug

Have you been asking yourself, should I change my mortgage from the variable rate that I have?  Should I change my mortgage at all?  There is a simple answer to all this hysteria about mortgage rates going up. Don’t lock in your rate. I know it’s almost heresy to have a floating rate in a […]

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Goverment finally addressing credit card companies?

General Angela Calla 22 Aug

When the first round of changes came regarding the mortgage market in the last few years, Angela Calla was quoted in the Vancouver Sun as the changes being misguided as it’s the credit card companies that need intervention in regulation. Years later its great to see this being noted!   Courtesy of Mortgage Broker News […]

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Backing out of your mortgage early?

General Angela Calla 22 Aug

Backing out of a mortgage early? You probably won’t be able to avoid fees entirely, but you can limit them. A rise in interest rates appears imminent, so folks with big mortgages may want to lock in the current low rates now! But, for some, that means getting out of an existing mortgage early. Trying to discharge […]

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