Each Office Independently Owned & Operated
Posted by: Jen Lowe
In the next 2-3 years Canada will experience the MOST amount of mortgage renewals in Canadian History. We expect to see over 5 Billion Renewals. Check out the below blog post to prepare! December 12, 2023 Mortgage Renewal Benefits. Is your mortgage coming up for renewal? Do you know about all the incredible options renewing […]
Read MorePosted by: Jen Lowe
Avoid Costly Mistakes When Building a New Home. Building a new home is a super exciting endeavor as you opt to create the perfect space for you and your family. However, building a home is not without its costs and potential surprises… to mitigate bumps on your homebuilding journey and avoid costly mistakes, consider the […]
Read MorePosted by: Jen Lowe
Winterizing Your Home. We Canadians are no strangers to the chill of the winter season! As we shift into the final few months of 2023, now is a great time to check your home before the cold front hits. Below I have included a few tips that could help you save on bills, prevent future […]
Read MorePosted by: Jen Lowe
Bank of Canada Holds The Overnight Policy Rate Steady at 5% For the Third Consecutive Meeting. It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to sell government securities (quantitative tightening) to normalize its balance sheet. Market participants weighed […]
Read MorePosted by: Jen Lowe
Bank of Canada Holds Steady Amid Continued Trade Uncertainty The Bank of Canada maintained its target for the overnight rate at 1.75% for the ninth consecutive policy announcement, keeping the key interest rate stable for all of 2019. Today’s decision was widely expected as members of the Governing Council have signalled that the Bank is […]
Read MorePosted by: Jen Lowe
NEED AN APPRAISAL – 7½ TIPS FOR SUCCESS Do you need to get a current value of your property? Then you are going to need an appraisal. Banks and other lending institutions want to know the “current” market value of your home before they consider loaning money on the property. An appraiser checks the general […]
Read MorePosted by: Jen Lowe
WHAT THE ELECTION RESULTS MEAN FOR YOUR MORTGAGE With all the news we have seen on the election, I thought I would sum it up from a mortgage industry perspective. What the liberal win means for your mortgage: 1. We will see the continuation of the First Time Home Buyers’ Incentive. Check out the link […]
Read MorePosted by: Jen Lowe
FIXED RATES OUTWEIGHING VARIABLE We are currently in a very unique situation when it comes to 5-year fixed and 5-year variable interest rates. For the first time in almost a decade, the lowest 5-year fixed interest rate is more than 0.30% lower than the lowest available variable interest rate for new mortgages. For some, their […]
Read MorePosted by: Jen Lowe
WHAT IS A MORTGAGE BROKER? You may have noticed that there are many different terms for those of us who work in the mortgage industry besides “broker”. Mortgage: specialist, expert, advisor, associate, officer, etc. I just want to clear up some potential confusion with all these monikers. There are 2 main categories that these fall […]
Read MorePosted by: Jen Lowe
4 WEIRD THINGS LENDERS ASK FOR A number of times I have had people who wonder why they need to provide so much documentation when it comes to arranging a mortgage. Besides an employment letter, you are usually asked to provide a pay stub and your most recent Notice of Assessment (NOA) to prove income. […]
Read More