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Sunday, May 29th, 2016

Recent News

Congratulations Adil Virani!

February, 2016 Congratulations Adil Virani for being one of Dominion Lending Centres’ Top Performers for February 2016!  Read More →

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Survey suggests keys to happy borrowing are lots of time, no surprises

People in the mortgage business are always trying to get inside borrowers’ heads. The more they know about debtor psychology, the more mortgages they can sell. Financial services firm D+H dove into mortgage... 

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Chinese are buying third of Vancouver homes, analyst’s rough tally estimates

Katia Dmitrieva, Bloomberg News Thursday, Mar. 24, 2016 Vancouver has long been a target for housing critics who say offshore buyers, many of whom purchase homes as investments and leave them empty, are... 

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OBSTACLES FOR FIRST TIME HOME BUYERS

With mortgage interest rates at historical lows, it is a wonderful time for first time home buyers to take the leap into the market. But there are some considerations and preparations to be made before starting... 

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Retiring with a mortgage? Why you might want to think twice about that

Jonathan Chevreau Tuesday, Mar. 22, 2016 When it comes to opining on seniors carrying debt into retirement, I’ll state upfront my personal bias that anyone with credit-card debt — or even mortgage debt... 

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‘White-hot’ Vancouver, Toronto housing markets could be dragged down by rest of Canada, report says

A new report from Moody’s Analytics says Canada’s two priciest markets could eventually be dragged down by housing results in the rest of the country. Toronto condo king Brad Lamb delays Alberta projects... 

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CMBA Breaking News: BC Budget – Property Transfer Tax Changes

CMBA Breaking News: BC Budget – Property Transfer Tax Changes Breaking News: The BC Minister of Finance has announced several changes to the Property Transfer Tax program, effective Wednesday, which... 

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Why a one-year fixed mortgage is your best bet

It has become a lot tougher to make sense of mortgage rates in the past few weeks. With Canada in the midst of economic misfortune (the decimation of its oil industry), inflation expectations are falling.... 

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Changes To Down Payment Requirements Coming February 15, 2016 –

Changes To Down Payment Requirements Coming February 15, 2016 On Friday, Finance Minister Bill Morneau announced changes to down payment requirements. Effective February 15, 2016, the minimum down payment... 

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VENDOR TAKE-BACK MORTGAGE

Growing in popularity over the past few years, the vendor take-back mortgage can help buyers to purchase and sellers to find qualified buyers – especially in a tough market. What is a vendor take-back mortgage... 

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