204218
200205

The Mortgage Gal

It's worth it to work with a trusted mortgage broker

It's worth it to work with a trusted mortgage broker

Nov 21, 2022 / 11:00 am

Last week I ran into a situation with clients who didn’t understand what they were signing. The fallout has been expensive for them. The clients are...

Interest rate increases – Are we done yet?

Interest rate increases – Are we done yet?

Nov 7, 2022 / 11:00 am

While many in the mortgage world anticipated rates to increase this year, I don’t think anyone expected them to increase so much and so quickly. What...

Fixed or variable mortgages in a time of interest hikes

Fixed or variable mortgages in a time of interest hikes

Oct 24, 2022 / 11:00 am

Last weekend I attended the mortgage professionals conference in Vancouver. My goal was to take in as many professional development sessions as possible because...

Is a cash-back mortgage right for you?

Is a cash-back mortgage right for you?

Oct 10, 2022 / 11:00 am

With rates rising and house prices dropping slowly, I’m finding some clients are having a tougher time qualifying right now. I feel like I have been...

A topsy turvy mortgage world

A topsy turvy mortgage world

Sep 26, 2022 / 11:00 am

Over the last few weeks, I’ve had tough conversations with a few clients. With unprecedented rate hikes over the last few months, borrowing power and...

The changing mortgage world

The changing mortgage world

Sep 12, 2022 / 11:00 am

One night last week, I met with several other brokers after a learning session we attended. The group included brokers from B.C., Alberta and Ontario. Our...

Selecting the best mortgage for you

Selecting the best mortgage for you

Aug 29, 2022 / 11:00 am

I had a call with one of my favorite clients recently. We are working on a refinance and lining it up for when her current mortgage term is set to renew. We...

What can impact your mortgage approval

What can impact your mortgage approval

Aug 15, 2022 / 11:00 am

I’ve talked about this in previous columns and I’m going to circle back to it today. When I jumped into mortgage brokering full time, a veteran...

The changing mortgage landscape

The changing mortgage landscape

Aug 1, 2022 / 11:00 am

With interest rates rising and housing prices predicted to drop, I’m seeing lenders tighten up on some of their qualification criteria. When the Stress...

Weighing the options— variable or fixed rate mortgages?

Weighing the options— variable or fixed rate mortgages?

Jul 18, 2022 / 11:08 am

On July 13, the Bank of Canada announced an increase of its policy interest rate by a full 1%. Prime rate is now at 4.7%. This is the largest single increase...

When it comes to your mortgage, don't put off taking action

When it comes to your mortgage, don't put off taking action

Jul 4, 2022 / 11:00 am

Over the last few weeks, I’ve been dealing with two similar situations that have prompted today’s column. What do I mean by last-minute mortgages?...

Dealing with rising mortgage rates

Dealing with rising mortgage rates

Jun 20, 2022 / 11:00 am

The mortgage world is not too much much fun lately. This week, I tried to unsubscribe from all of the rate increase notification bulletins. Turns out that...

Understanding mortgage purchase contracts

Understanding mortgage purchase contracts

Jun 6, 2022 / 11:00 am

Last week, I came across a clause in a purchase contract that caused me some angst. My client is in the midst of buying a pre-build. The clause is itemized on...

The changing mortgage landscape

The changing mortgage landscape

May 23, 2022 / 11:00 am

The last few weeks have been interesting in the mortgage world. With prime increasing we have seen upward movement for fixed rates which means reduced...

Latest on mortgage pre-qualification changes

Latest on mortgage pre-qualification changes

May 9, 2022 / 11:00 am

If you have a rate hold or mortgage pre-approval in place, it is important you reach out to your mortgage person to double-check your numbers. For the first...

Crunching the numbers for fixed and variable mortgages

Crunching the numbers for fixed and variable mortgages

Apr 25, 2022 / 11:00 am

The age-old debate of fixed versus variable mortgage rates has really heated up recently with the 0.5% increase in the prime rate. I am a variable fan myself,...

Importance of life and disability coverage as part of mortgage insurance

Importance of life and disability coverage as part of mortgage insurance

Apr 11, 2022 / 11:00 am

In my last column, I talked about buying home insurance as part of the home buying process. Another conversation I have with clients as part of their mortgage...

The importance of home insurance when buying a new home

The importance of home insurance when buying a new home

Mar 28, 2022 / 11:00 am

Two columns ago, I mentioned I am working on a package of information that goes a little deeper into the actual steps involved and timelines to consider once...

Always provide your mortgage broker with all the information

Always provide your mortgage broker with all the information

Mar 15, 2022 / 11:00 am

A couple of weeks ago, I went out for dinner with another mortgage broker. We pledged not to talk about work. That lasted all of about 15 minutes. We ended up...

Things to know when buying a home

Things to know when buying a home

Feb 28, 2022 / 11:00 am

Home buyers come in all shapes and sizes. More specifically, home buyers come with all different levels of knowledge and experience for navigating the process...

202014
202014
203290
205019