The Bank of Canada has gone ahead and announced that they are increasing their prime rate another 1/4 percent, this is particularly important for variable rate mortgage holders. If you have any questions or concerns around this increase, please contact us at the office 604.552.6190.

If you or maybe someone you know happen to be going through, or considering a divorce or separation, you might not be aware that there are mortgage products designed to allow you to refinance your property in order to buyout your ex-spouse. We highly recommend reading this article about spousal buyouts.  The article may answer some […]

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. […]

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.    

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’

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.

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 […]

Are you prepared for the mortgage changes that are coming?? This article will provide you with better insight as to what is coming. https://dominionlending.ca/news/mortgage-changes-coming-prepared/

 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/

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 […]