Insightful video from BNN; First-time homebuyers purchased 45% of the 620,000 homes sold in the past 27 months, according to a new study by Canadian Association of Accredited Mortgage Professionals (CAAMP).

View the full video HERE

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

Ten obstacles to getting the best mortgage rate – and as you all know –  Dominion Lending Centres can help you clear them all!

In your opinion, which is the BIGGEST obstacle of them all?

Read the full article from the Globe and Mail HERE

Questions on determining the best mortgage for you and your future? The Angela Calla Mortgage Team is here to help call us at 604-802-3983 or callateam@dominionlending.ca We look forward to helping you.

Canadians are recognizing that today’s historically low rates won’t last forever and some are looking for ways to bring predictability to their finances over the long term.

Read the full article from mortgages broker’s news HERE

Questions on determining the best mortgage for you and your future? The Angela Calla Mortgage Team is here to help call us at 604-802-3983 or callateam@dominionlending.ca We look forward to helping you.

The million-dollar panic about prices has turned to outrage in Vancouver, where people generally blame overseas buyer for inflating prices. Vancouver’s mayor, Gregor Robertson, jumped into the fray last week with a letter to the premier asking the province to institute a luxury tax on expensive homes and apply the money to affordable housing.

Read the full article from the Financial Post HERE

The Angela Calla Mortgage Team gives you clarity on the best mortgage by being transparent, unbiased free mortgage advise with choice. We are here to help you personally with your mortgage at 604-802-3983 or callateam@dominionlending.ca

55% of Alberta homes purchased in the past 27 months were by first-time buyers compared with the national average of 45% says the Calgary Herald. Read the full article HERE & share.

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

Home prices will continue to rise, Canada Housing and Mortgage Corp. says, but a slower pace is in store amid an expected move to less costly houses.

View BNN’s awesome video HERE

The Globe & Mail had a timely piece on what lenders are looking for when people come to them to buy a recreational property. Perhaps these tips can help your clients?

• proximity to a major market
• proximity to water (lake or river)
• access to property by road and not just water
• four season property better than just single season

Some interesting points in this Financial Post article:

• 36% of BMO high net work clients surveyed own a least one second property worth $708,539
• many of those people are tapping into equity in their primary residence to fund those additional property purchases
• most of these folks leverage their property and invest the money

As was widely expected, the Bank of Canada left overnight rates unchanged at 0.75 percent and reiterated earlier comments about the likely trajectory of the Canadian economy. The Bank is more optimistic about the economy than private sector forecasters, believing that a rebounding U.S. and global economy will spur Canadian business investment and exports in coming months.

Read more HERE

• Book that vacation sooner rather than later. Camping sites seem to book up faster than ever each year.
• Most homeowner insurance policies require that you ensure somebody is checking in on your home a minimum of once per week during your absence. Ideally there an alarm monitoring record of somebody attending the property. If not then at the very least keep a record of email exchanges confirming that your property was viewed at a certain time and date. Perhaps even with a snapshot of the utility room in particular sent your way. A burst hot water tank or even a leaking pipe left unattended for days or weeks on end can result in a denied insurance claim.

With that handled, go and enjoy the great outdoors and make the most of the summer of 2015!

Want to ensure you have the best mortgage? The Angela Calla Mortgage Team can help you directly at 604-802-3983 or callateam@dominionlending.ca. Contact us today!