I sit atop a local bike trail overlooking the spectacular valley vista. The air is crisp, the soil is tacky and the sun is out in full force. The only thing on my mind is what lies ahead. I push away from the trailhead, anticipating my navigating down the steep, rocky and rooty trail. The […]

Most of us know that changing your mortgage payment from monthly, or semi monthly, to an accelerated bi-weekly payment instantly reduces your standard 25 year amortization by 2.58 years with today’s rates. (If you didn’t know that, you’re likely not working with the mortgage professionals at Dominion Lending Centres). Sometimes, however, an accelerated bi-weekly payment option might […]

That’s right! Sure the new mortgage rules from our Federal Government on October 17th can be a bit confusing, here are five tips to help you with your mortgage while at the same time, reducing your stress. 1. Review your Credit File: Good credit is your ticket to informed borrowing and purchasing, great rates and, […]

Fall is one of my favourite times of year.  Not only are the trees changing colours, days are getting shorter and the kids back to school, but also Bullying Ends Here goes into full swing.  I am so excited to get back out and speak with as many people as possible.  I anticipate this will […]

Practice your mortgage… What exactly do I mean by that? Well, if you’re a first-time buyer and just beginning to explore the housing market, chances are you’re currently renting or living with family, and very likely paying less than you will be going into your new home. For this reason, I strongly suggest you start […]

Lately we’ve seen projections that rates will begin to increase through the next 15 months. Some banks have projections that show the 5 year bond will increase from the current .65% to 1.7% that 1.05% increase will equate to these numbers. The 5 year mortgage rate on average is set by most lenders at the bond […]

In October 2015, I wrote 136 words on this topic, hoping that the image alone would get some traction. It was a pretty insane image to a numbers geek like me – linked here. Perhaps these additional 381 words worth will garner more attention. This month’s Visa images are tamer, as a business card the monthly total […]

GET IN FRONT OF A BAD SITUATION Financial difficulty can happen. Marital breakdown, economic downturn / job loss, health issues are all realty. If I can give one piece of advice it’s this – in the face of financial difficulty the worst thing that a person can do is to go dark on their creditors. […]

13 OCT 2016 TWO BIRDS, ONE STONE: HOW A REVERSE MORTGAGE HELPED FINANCE A POST-GRADUATE DEGREE AND A PURCHASE OF AN INVESTMENT PROPERTY I recently met a couple that took out a reverse mortgage to purchase a house in Hamilton, ON. Their daughter was attending McMaster University, and was just starting her post-graduate degree. After […]

IN THE MIDST OF CHAOS, A FOCUSED APPROACH IS KEY By now you will have likely heard that the Federal Finance Minister has made drastic changes to mortgage lending rules making it tougher to qualify for a mortgage. For Canadians with less than a 20% down payment, their purchasing power has been dramatically reduced. So […]