Agent Blogs

 More changes just released in the mortgage industry. Business for Self / Commission applicants need to be approved to Refinance or Purchase by April 9th to get in before the "Self Employed" changes . Buying, Refinancing, Renewing, and Rental Property changes still have April 18th... [ more ]

Frances, I have looked at 5 options for you. It does not appear that you could choose a mortgage term with our current rates, that would end up costing you less then your blended 4.84% mortgage. I looked at options using 3.29% for 3 years, and 3.69% for 5 years. If anyone tells you otherwise, I... [ more ]

Inflation Set to Rise Faster Than Expected Economists are debating the timing, and extent, of the central bank's first rate moves, and some now suggest they will start earlier than they had initially forecast. The Bank of Canada is on heightened alert for inflation and a stronger recovery than... [ more ]

Globe and Mail Update Published on Tuesday, Mar. 02, 2010 9:04AM EST Last updated on Tuesday, Mar. 02, 2010 12:54PM EST   Real Estate: Home building to pick up speed: CMHC Housing starts will strengthen this year and next, and that increase in supply should keep a lid on further... [ more ]

I have advised and helped other clients in Barrie, who work in the North American film sector, with obtaining a preferred mortgage offer. I would be happy to get you an approval based on your self employed income. If you could aim for a 20% down payment, we could likely get you an excellent... [ more ]

  Bank of Canada Urged to Hike Rates After June OTTAWA -- The Bank of Canada should uphold its conditional pledge to keep its key policy rate at 0.25% until July but should then embark on sharp rate hikes of 50 basis points at every announcement date until mid-2011, says an analysis... [ more ]

Sorry this has taken me so long - I was away on vacation last week!  You may have already proceeded, but yes, it is typical to make an offer conditional upon solicitor's approval - I can usually review and comment on an offer within 1 business day but it's nice to have 2 just in case. ... [ more ]

  Finance Minister Jim Flaherty announced Tuesday tighter lending standards for mortgages, saying that while the housing market is “healthy” the moves are needed to “help prevent negative trends from developing.” Under the new rules, all borrowers will need to... [ more ]

No need for mortgage market structural shift The head of the Bank of Canada said on Thursday he does not see a housing bubble currently, nor does it see the need for structural change in the country's mortgage market. "The Canadian mortgage market has functioned I think exceptionally well... [ more ]

Are Mortgage Rates Heading Lower in February 2010? RateSupermarket.ca's panel of financial gurus believe we could possibly see lower fixed mortgage rates and bigger variable rate discounts to prime TORONTO, Feb. 4 /CNW/ - RateSupermarket.ca, Canada's rate comparison website for personal... [ more ]

IF YOUR READY TO MAKE YOUR FIRST REAL ESTATE PURCHASE AND YOUR JUST SITTING ON THE FENCE, I THINK YOU SHOULD MAKE THE JUMP  ASSUMING YOU HAVE A PRE-APPROVAL FOR A  MORTGAGE AND THIS IS WHY:  CURRENTLY, THE GOVERNMENT OFFERS GREAT INCENTIVES FOR FIRST TIME HOME BUYER'S.  YOU... [ more ]

IMAGINE THE DEVASTATION A MASSIVE EARTHQUAKE CAN BRING.  THE LOSS OF LIVES, LOVED ONES, FAMILY, FRIENDS, AND PEOPLE'S HOMES.  IF YOUR HAVING A HARD TIME IMAGINING, THAT'S BECAUSE US AS CANADIAN'S HAVE THINGS PRETTY DARN GOOD.  OUR GEOGRAPHICAL LOCATION MAKES THESE TRAGIC... [ more ]

I WAS ALWAYS TOLD TO NEVER PUT ALL YOUR EGGS IN ONE BASKET WHEN DEALING WITH FINANCIAL PLANNING.  THE OLDER I GET THE MORE THIS CONCEPT MAKES SENSE TO ME.  YOU CAN NEVER RELY ONE HUNDRED PERCENT ON MUTUAL FUNDS OR PENSIONS AS A MEANS OF ACCESSING CASH FOR YOUR... [ more ]

Over the holiday season, this article came out and I want to make sure everyone is aware of the possible changes that could effect our mortgage and real estate market. Please see the attached Globe and Mail article from Dec 21st for your review...... [ more ]

Hi! It is a good idea to have your lawyer review your offer. There is usually not an additional cost to this, if you are using the lawyer for the transaction, unless he/she is required to get involved with negotiations or major changes to the Agreement. Usually, this is not the case, as the agent... [ more ]