Since an increasing number of lenders are moving towards collateral charge mortgages these days, it has never been more important to understand the differences between a collateral and standard charge mortgage. The primary difference is that a collateral charge mortgage registers the mortgage for more money than you require at closing. For instance, up to […]

DID YOU KNOW… The Home Buyers’ Plan (HBP) is a program for first-time homebuyers that allows you to withdraw funds from your RRSPs to buy or build a home. You can withdraw up to $25,000 tax-free ($50,000 for a couple). Your RRSP contributions must remain in the RRSP for at least 90 days before you […]

  2013 will be full of great opportunities! Following are our Top 4 Predictions for this year: 1) Borrowers becoming more savvy and focusing on a mortgage strategy With all the flash and dash of online mortgage comparison tools, smart borrowers know they need a customized long-term mortgage plan put in place by an independent […]

  While I’ve been busy sinking money into mortgage payments, daycare costs, RESPs, RRSPs, utilities, groceries, vehicle maintenance and the occasional vacation, I’ve somehow failed to notice that many Canadians seem to be doing all this – and stepping up their mortgage repayments, too.   According to the Canadian Association of Accredited Mortgage Professionals, over […]

Posted: Tuesday, December 4, 2012 October 2012 Housing market sees slight changes in October The Greater Vancouver housing market saw a slight increase in the number of home sales, a slight reduction in the number of listings, and a slight decrease in home prices in October compared to the summer months. With those changes, the […]

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=72109245&id=363434333136.312 Please note that properties like […]

We have seen many purchasers through the Angela Calla Mortgage Team get great deals when purchasing a home this time of year and they are benifiting from this buyers time in the market. To review your options contact us at 604-802-3983 or callateam@dominionlending.ca Please Enjoy the following article Courtesy of Rob Boies of Royal LePage. […]

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=1741512252&id=363434333136.312 Please note that properties like […]

The worst of the economic crisis has now passed, and though some wobbly years remain, former Bank of Canada Governor David Dodge expects global growth to speed past 4% by 2015. “We are maybe five-sevenths of the way along a rather bumpy road for deleveraging in the OECD world, in the advanced economies,” Dodge said […]

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 […]