General Angela Calla 26 Feb
Canadian 5-year Bond Yield Surges In an unprecedented move, bond yields are spiking around the world. Yields globally are now at levels last seen before the coronavirus spread worldwide. At the same time, commodity prices are surging, including energy, metals and minerals, agricultural products and lumber. The Biden administration’s $1.9 trillion stimulus package is has triggered […]
Read MoreGeneral Angela Calla 26 Feb
Fixed rates and variable rates follow different economic indicators, fixed rates are based on the bond market and this is were we are presently seeing notable increases. The Bank of Canada is watching the housing market closely. While they don’t intend to raise the rates, it is important to make your decisions with caution, as […]
Read MoreGeneral Angela Calla 24 Feb
There’s a lot you need to know when navigating the world of mortgages. If you’re not careful, it’s quite easy to get tripped up in the lingo, the procedures, and the payments (Not to mention the penalties). This is especially true for fluctuating interest rates. As is the case with most things in life, when it comes […]
Read MoreGeneral Angela Calla 24 Feb
Choosing the right type and term for your mortgage renewal will go a long way in helping you build and protect your wealth. When it’s time to renew, there are more options to you than just getting a rate and signing it off. It’s possible for you to access your home’s equity. However, you either […]
Read MoreGeneral Angela Calla 17 Feb
Bank says lawsuit is baseless and denies widespread culture of pressure-cooker sales A class-action lawsuit against TD Bank alleges employees were pressured to drive up profits by selling customers services and products that were unsuitable or unnecessary. A TD Bank teller who spoke out about the pressure to sell customers products and services they didn’t […]
Read MoreGeneral Angela Calla 2 Feb
The Tri-Cities Chamber of Commerce handed out its business excellence awards last Saturday, naming Angela Calla of the Port Coquitlam-based company, The Angela Calla Mortgage Team, as the top business leader for 2020. Mortgage expert Angela Calla was named the Business Leader of the Year at last weekend’s gala honouring the best businesses and entrepreneurs […]
Read MoreGeneral Angela Calla 29 Jan
TD and DoorDash say they’re working to reimburse victims’ missing money. When Karen Lee got hit with $157 in DoorDash charges to her TD debit card in late December, she knew immediately she was a victim of fraud. “I don’t have a DoorDash account and I never heard of them,” said Lee, who lives in […]
Read MoreGeneral Angela Calla 22 Jan
The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its “effective lower bound” of 0.25% until 2023. To reinforce this commitment and keep interest rates low across the yield curve, the Bank will continue its Quantitative Easing (QE) program–buying $4 billion of […]
Read MoreGeneral Angela Calla 11 Jan
The 2021 Home Owner Grant threshold is set at $1.625 million, ensuring the same percentage of British Columbia homeowners continue to be eligible. New in 2021, the Province is taking over full administration of the grant program to ease the burden on municipalities. The Province already administers the grant for rural homeowners. Homeowners in all […]
Read MoreGeneral Angela Calla 8 Jan
GOVERNMENT UPDATES January 7, 2021 PROVINCIAL GOVERNMENT UPDATE Provincial Health Order Extended By order and direction of the PHO, individuals and businesses in B.C. must significantly reduce social interactions and travel, all events and social gatherings are suspended to significantly reduce COVID-19 transmission related to social interactions and travel. The order is in effect until February 5, 2021 at midnight. […]
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