A BMO holiday outlook suggests Canadians’ spending spirits have improved this season, with the bank projecting an average 15% jump in holiday spending over last Christmas. The Bank of Montreal’s 2012 Holiday Spending Outlook finds that survey respondents plan to spend an average of $1,610 this holiday season, up from $1,397 in 2011. Shoppers surveyed […]

Courtesy of The Globe & Mail Nov 20th 2012 “If you walk down a street with Kevin, it’s like parting the Red Sea,” says Stuart Coxe, the television producer who cast Kevin O’Leary on Dragons’ Den in 2006. “It’s ‘Kevin!’ and high-fives.… We’ve never had someone like Kevin.” O’Leary himself likes to tell the story […]

Courtesy of The Globe and Mail Nov 20th 2012 Here are six essential things you need to understand to be financially literate – no math required. They’re presented in recognition of November as Financial Literacy Month. 1. It’s not a competitionStop comparing your financial position to your friends and neighbours. Appearances are never more deceiving […]

Good Afternoon I have access to a one-of-a-kind BLOW-OUT/ BANKRUPCY SALE in West Kelowna,called LAKEWIND.  EVERYTHING IS 50% OFF THE ORIGINAL PRICE! This 4-story building has been here for 3 years, and has recently gone intoreceivership by the Bowra Group, from Vancouver BC. They want it gone asap! There are only 47 luxury condo homes, […]

A few key points highlighted below. click here for the full article from the Globe and Mail http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/are-we-placing-too-much-faith-in-banks-advice/article5077728/ In the banks we trust. A question to ponder for Financial Literacy Month is why this is so.  There’s no onus on the banks to offer the products or advice that work best for your needs. Some […]

1. We are licensed, trained professionals governed by a licensing body that requires us to continue our education to ensure we stay on top of the market-working in your best interest. 2. Banks can only sell you their products. Bankers and “mobile mortgage specialists” are employees of a bank and are paid by that bank […]

Knowledge is power and at The Angela Calla Mortage Team when you are our client we have a plan in place to help you understand the market and optimize it accordingly. In case you couldn’t read the font in the article, I typed it out below my quote on the bottom of the page for you. […]

As heard on The Mortgage Show on CKNW with Angela Calla. To get pre approved for this property or any other purchase email us at callateam@dominionlending.ca or call 604-802-3983 This weeks deal of the week has been brought to you by: Robert BoiesRoyal LePage Coronation Westcell: 604 341 3009 t: willingtwoE-mail: robboies@royallepage.cawww.willingsellerwillingbuyer.com http://rboies.mlslink.mlxchange.com/?r=851053801&id=363434333136.312 Please note that properties like […]

The Change Conventional mortgages now to be underwritten using benchmark rate* Five-year variable rate conventional mortgages  or conventional mortgages with terms less than five years now require that the borrower qualify based on the greater of the Bank of Canada five-year benchmark rate (the series V121764) or the contract rate applicable to the term chosen. […]

Mortgages are more than just rates. The Angela Calla Mortgage Team uses the following long-term plansto help you use your mortgage to create a better life: 1. Inflation Hedge Mortgage StrategyThis is being used by thousands of Canadians and, most important, clients under our mortgagemanagement who have a mortgage arranged with the Angela Calla Mortgage […]