Ottawa plans to move forward with regulations that would make it tougher for Canadians to qualify for uninsured loans, affecting consumers with down payments of 20 per cent or more. In final guidelines published Tuesday, the Office of Superintendent of Financial Institutions even tweaked its original proposal forcing borrowers to also qualify for mortgages based […]

Vancouver City Council has approved a motion to give Metro Vancouver residents priority in pre-sale home purchases in the city. The motion, proposed by Mayor Gregor Robertson, was approved by Council members in a regular meeting on Tuesday. It was approved in a 7-2 vote, with both NPA councillors George Affleck and Melissa De Genova […]

A mortgage in its simplest form is a contract. It has terms, conditions, rights and obligations for you and the lender. When you sign on the dotted line, you are agreeing to those terms for the length of time laid out in the contract. However, sometimes life throws us an unexpected event that brings around […]

Sean Cooper wiped off his $255,000 mortgage in exactly three years and two months, at age 30. Read the article below to see how these 3 tips can save you thousands. #1) Shop around – and not just for the lowest rate #2) Make lump-sum payments whenever you can #3) Accelerate your mortgage payments Full […]

#1) There is no inflation #2) The pain would be catastrophic #3) Rules are the new rates Read the full article: 3 Reasons Canadian Mortgage Rates Will Never Hit 5% 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 […]

The Now News Announces Business Excellence Nominees Angela Calla has been a licensed mortgage broker for 14 years. She has been with Dominion Lending Centres since its inception in January 2006. Residing in Port Moody, British Columbia, Angela is a regular expert guest on several news stations, television shows, radio programs and local and national […]

Everything you need to know when purchasing your home. Home Buyers Guide Angela Calla has been a licensed mortgage broker for 14 years. She has been with Dominion Lending Centres since its inception in January 2006. Residing in Port Moody, British Columbia, Angela is a regular expert guest on several news stations, television shows, radio […]

http://business.financialpost.com/news/economy/after-hiking-twice-theres-no-predetermined-path-for-rates-from-here-poloz 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. To contact Angela Calla directly call 604-802-3983 or visit www.angelacalla.ca.

In addition to recent rate hikes, we have even more regulation changes coming that will make it more difficult to qualify for mortgages and access your equity from this point on. To protect yourself in the best way possible: 1. If you have a mortgage renewal in the next year, please contact us directly to […]

The Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. It is most likely prime will follow with the full .25 percent increase within hours if not a day. Should you lock […]