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Mortgage Matters

Buying in today's market

Buying in today's market

Jun 13, 2020 / 11:00 am

The most recent stats from OMREB (Okanagan Mainline Real Estate Board) confirm that we are still in a buyer’s market in the Central Okanagan. There...

Mortgage rate shopping

Mortgage rate shopping

May 30, 2020 / 11:00 am

The most frequent question that I hear from potential clients is – “What is your best rate?” and why wouldn’t you ask that question? The...

Self-employed and owe tax?

Self-employed and owe tax?

May 16, 2020 / 11:00 am

The CRA has extended some of the filing and payment dates due to COVID-19. For people who are self-employed the filing date hasn’t changed and taxes must...

First-time homebuyer tips

First-time homebuyer tips

May 2, 2020 / 11:00 am

If you are a first time home buyer then buying your first home is a very exciting time, but it can also be stressful and you will have lots of questions: What...

Homebuying in a pandemic

Homebuying in a pandemic

Apr 18, 2020 / 11:00 am

You may have been thinking about buying a home but given all the economic uncertainty with the COVID-19 crisis you may now be second guessing yourself and...

Mortgage market update

Mortgage market update

Apr 4, 2020 / 11:00 am

We are in uncharted territory with the mortgage marketplace continually shifting. Taking care of your financial well-being is at the top of everyone’s...

COVID-19 & your mortgage

COVID-19 & your mortgage

Mar 21, 2020 / 11:00 am

I want to share my perspective on the mortgage market and how this virus might affect your mortgage and your ability to pay your mortgage due to layoff or other...

Prime rate drop, now what?

Prime rate drop, now what?

Mar 7, 2020 / 11:00 am

The Bank of Canada made a big announcement this week and dropped the overnight lending rate by 50 basis points to 1.25%. Many banks and other mortgage lenders...

Good debt vs. bad debt

Good debt vs. bad debt

Feb 22, 2020 / 11:00 am

Until recently there was no such thing as ‘good debt’ or ‘bad debt’ as all debt was ‘bad debt.’ Owing money for any reason...

Mortgage check-up time

Mortgage check-up time

Feb 8, 2020 / 11:00 am

Hey, I get it. Mortgages are boring! Why would you want to revisit your mortgage every year? Your mortgage is likely the largest investment you will ever make;...

Mortgage pre-approval tips

Mortgage pre-approval tips

Jan 25, 2020 / 11:00 am

Is a mortgage pre-approval important? The short answer is ‘yes’! It is definitely important so you have the confidence to move forward with your...

To consolidate, or not?

To consolidate, or not?

Jan 11, 2020 / 11:00 am

If you are carrying high-interest credit card debt, car loans or other personal loans you know that it can be challenging to pay off everything that you owe....

Facing foreclosure?

Facing foreclosure?

Dec 14, 2019 / 11:00 am

The thought of losing your home can be one of the most stressful situations you can go through. If you find yourself in one of these situations you could be...

Home Buyers' Plan

Home Buyers' Plan

Nov 30, 2019 / 11:02 am

Are you considering purchasing your first home next year? If so, before March 1 could be the best time to implement this strategy if you are thinking about...

Home equity line of credit

Home equity line of credit

Nov 16, 2019 / 6:00 am

HELOC is a type of home equity loan and is a revolving amount of credit that is secured against your property. You can access up to 65% of your home’s...

Alternative-lender mortgages

Alternative-lender mortgages

Nov 2, 2019 / 11:00 am

Everyone likes to believe that they will qualify for the best rates and terms when they start shopping for a mortgage, but this isn’t always a reality....

Investing in real estate

Investing in real estate

Oct 19, 2019 / 11:00 am

Purchasing and investing in real estate has always been attractive for those looking to generate additional income and benefit from the wealth created with...

Reverse mortgage pros, cons

Reverse mortgage pros, cons

Oct 5, 2019 / 11:00 am

There are pros and cons to a reverse mortgage so before you decide to move forward you should ensure that you consider them carefully. Reverse mortgages are...

Credit rating and mortgages

Credit rating and mortgages

Sep 21, 2019 / 4:54 pm

A lack of basic financial knowledge can be the difference between getting a mortgage at a great rate and having one where you have to make a much higher...

Monster in your mortgage

Monster in your mortgage

Sep 7, 2019 / 11:00 am

You have found your dream home. Congratulations! Your realtor was a great negotiator and you bought your new home for $475,000. Your mortgage is $350,000 with...

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