News and Tips
Adding Value to Your Life with News, Tips and EntertainmentThe New USMCA Trade Deal and Mortgages
The following is an excerpt from the VERICO Economic Report written by Michael Campbell What did we get for the government’s efforts to slow the market? So what does a new trade agreement between Canada, the US and Mexico mean for Canadians? In a nutshell, higher...
How to Repair Your Credit
Are you thinking of buying a condo or a house in the near future? If you know you have poor credit, you need to know how to repair credit.You may have been told that your have poor credit, which is anything under 500, too low for most lenders to approve...
Bank of Canada Rate Increase (Oct 2018)
The Bank of Canada today increased its target for the overnight rate to 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. [Variable rate mortgages are immediately affected as chartered banks and other lenders raised their...
Fall Home Maintenance Check List
Now that the days are getting colder and autumn is already here, it is a good idea to go around your home and check for possible problems before they become serious. Here's a handy Home Maintenance List of things to check, before it gets too cold! Check exterior...
Big Banks Hike Benchmark Mortgage Rates
TD Bank first, then National Bank and Royal Bank of Canada, then CIBC and finally Bank of Montreal, have raised their benchmark mortgage rates for 5-year fixed-rate mortgages. On April 25, TD Bank increased its posted rate for five-year fixed mortgages to 5.59 per...
Mortgage Tool Kit for Ontarians
With the new Office of the Superintendent of Financial Institutions stress test rules firmly in place since January, Canadian home buyers have learned they need to arm themselves with practical information on how they can ensure they are “stress-test ready”. Here's a...
Why Not Contact Me Today for a No-obligation Mortgage Quote?
My normal business hours are 9am to 9pm. If you contact me during those times I guarantee a response within 30 minutes. Outside of these regular business hours It may be a few hours until you get a reply. If you're really in a hurry - like your bank just refused to approve your mortgage - please text me a quick message with the story and I will try to get back to you ASAP.