• Retail sales are emerging as one of the true bright spots of Canada’s economy – retail sales have risen in 7 of the last 9 months. • However, while spending is accelerating, consumer debt is moving in the opposite direction. This suggests that the improvement we are seeing is one driven by job growth […]

Best Mortgage Rates in Barrie, Ontario 2 year 2.89% 5 year 3.40% Variable 2.5% Plus receive cashback of $750 or free home warranty on appliance – OAC.  certain conditions apply

 40 per cent of all new mortgages in 2013 were obtained through a mortgage broker, while 42 per cent were obtained from a bank. Overall mortgage broker share has increased from 25 per cent to 28 per cent since last year. For the best mortgage rates in Barrie and surrounding contact Darick Battaglia CAAMP statistics

Things to be optimistic about. The Average car is now over 10 years old in most cases needing replacement, Barrie is adding 100,000 to its population in the next 15 years, 180,000 new households are being created by immigration each year in Canada, Record low Mortgage rates www.darick.ca, the Post war Baby boomer is buying […]

HGTV has compiled a list of the 10 Best-Kept Secrets for Buying a Home to help borrowers get the most out of their money. Click here to see the tips from HGTV. http://www.hgtv.com/real-estate/10-best-kept-secrets-for-buying-a-home/index.html

Based upon a recent Genworth symposium house prices in Canada have been growing at a rate of on average of 4.8% since the year 2000.  The low spot was in 2008 when prices only increased by 1% and saw a high of 8% in 2010.  The forecast for growth in prices is estimated to be […]

Did You Know…HOW TO SAVE $987 PER MONTH 60% of Canadians have two or more credit cards. The average outstanding balance is $3,500. (Source: CMHC 2013 Change in the Canadian Mortgage Market Report, May 2013). By using the equity in their home as security, your clients can reduce their monthly payment obligations and save money […]

Did You Know… 60% of Canadians have two or more credit cards. The average outstanding balance is $3,500. (Source: CMHC 2013 Change in the Canadian Mortgage Market Report, May 2013). By using the equity in their home as security, your clients can reduce their monthly payment obligations and save money on interest charges. As credit […]

100% Financing, or No Money down, mortgages are still possible in Canada. You can borrow the 5% required down payment from a line of credit or loan,or obtain 100% financing with a slightly higher premium paid in the interest rate. You must have a minimum beacon score of 680 or higher to be considered for […]

Homeowners who break a closed mortgage before maturity will often make a pre-payment before the mortgage is discharged. Some Banks and lenders will not permit this within their standard charges potentially costing you upwards of $1000. The idea is to reduce the mortgage balance and thereby pay less of a pre-payment penalty. It’s a great […]