Down payments & how much should you be putting down?

General Trish Pigott 4 Jan

When it comes to buying a home, there are many things to consider, many things that will affect your monthly payment or maybe whether or not you will be paying an insurance premium. Dominion Lending Centres put out a great article that touches on different down payment amounts – This article is a must read. […]

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New Year, New You!

General Trish Pigott 21 Dec

The time to make some new year resolutions is quickly approaching.  You’ve got your typical weight loss, quit smoking resolutions… why not set a resolution to save more money, or pay down your mortgage faster!  Click here to read how we can help you with your new years resolution.    

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Returning to the A-side

General Trish Pigott 14 Dec

This one is near and dear to our hearts.  We always want our “B” clients to have an escape plan to get back over to the “A” side…  Having us on your side during these changing times is helpful! Returning To The ‘A-Side’

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Bank of Canada Announcement

General Trish Pigott 6 Dec

HEADS UP all you variable rate mortgage holders: The Bank of Canada made no changes to the interest rate today. However it gave cautious warnings to us Canadians that increases are likely coming… To read more on this announcement CLICK HERE.

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IMPORTANT MESSAGE FOR HOME OWNERS AND POTENTIAL BUYERS

General Trish Pigott 5 Oct

Jeremy Rudin, Superintendent of Financial Institutions (OSFI), which is the organization that governs our federal banks and policy, announced that they will finalize the new mortgage criteria later this month.  Despite the amount of criticism they have received from their industry consultation with major banks and economists, they have no intention of backing off the […]

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The Bank of Canada has once again raised its benchmark interest rate

General Trish Pigott 6 Sep

 The Bank of Canada has again raised its benchmark interest rate by one-quarter point to 1.0 per cent.  Click the link for some further insight to the increase of the Bank of Canada interest rate increase this morning from DLC’s Chief Economist Dr. Sherry Cooper. https://dominionlending.ca/news/bank-canada-takes-action/

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Bank of Canada Update – July 12 2017

General Trish Pigott 12 Jul

For the first time in seven years, the Bank of Canada announced today that it was increasing its key overnight rate by a quarter percentage point (25 basis points) bringing it to 0.75 percent as the economy has staged a broadly based economic expansion this year. In a break from tradition, the Bank has taken […]

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No Action by the Fed but Hikes Coming…

General Trish Pigott 1 Feb

Great insights from Dominion Lending’s economist Dr. Sherry Cooper.  In the article below she speaks to the decision today to leave rates unchanged in the US but could see hikes coming soon with the uncertainty of the Trump administration.  Click Here to Review Full Article

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