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Mortgage Matters

Low-rate mortgages

Sep 19, 2020 / 11:00 am

As the frenzy of activity continues with our real estate market despite COVID-19, so does the competition of low rate offerings in the mortgage market. These...

Mortgage deferral changes

Sep 5, 2020 / 11:00 am

OSFI, Canada’s banking regulator, is ending the special regulatory treatment they gave banks so they could offer mortgage deferrals for up to six months....

Is it a cottage or cabin?

Aug 22, 2020 / 11:00 am

Rather than COVID-19 slowing down the real estate market, due to pent-up demand or the desire to get away from crowds, the vacation property market is hot in...

Bite of mortgage deferral

Aug 8, 2020 / 11:00 am

Deferred mortgage payments aftermath Many homeowners deferred their mortgage payments at the onset of the COVID-19 pandemic and we are now seeing the aftermath...

Spousal buyout mortgage

Jul 25, 2020 / 11:51 am

You might be going through or considering a separation or divorce, but the end of a relationship does not necessarily mean that you will have to sell your home....

Credit repair action list

Jul 11, 2020 / 11:00 am

As a mortgage broker, it is my business to help you get the best rate and terms for your mortgage. Many don’t understand the importance of a credit rating...

Reverse mortgage safeguards

Jun 27, 2020 / 11:00 am

There are many misconceptions surrounding reverse mortgages. There are only two reverse mortgage lenders in Canada and both of them have safeguards in place to...

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

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?

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

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

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

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

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?

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

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

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

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?

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?

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...

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