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 […]

Tips to Keep in Mind Between Your Mortgage Pre- Approval/Review of Options till Funding Dates In light of the new market realities and tightening of credit underwriting standards by both lenders and mortgage default insurers as of late,  keep in mind that now – more than ever – it’s important to be careful what you do between […]

8 Benefits of working with The Angela Calla Mortgage Team 1.       We are independent, unbiased mortgage experts who use our experience in shopping multiple lenders to result in the best long term approach for your needs, keeping in mind your future goals. 2.       We protect your credit score by using one application to shop the […]

  Just sit back and do nothing. It doesn’t sound like the most proactive advice when it comes to the housing market, but it may just be what everybody needs to hear.   Panic is the worst thing that could happen because when that mentality sets in and people become irrational, it’s hard to forecast […]

According to the first BMO Housing Confidence Report released yesterday, nearly half of Canadian homeowners (46%) intend to buy a property in the next five years, signalling a high level of confidence in Canada’s housing market.   A modest increase in prices, however, would derail plans to buy; meanwhile, three-quarters (72%) of households would feel […]