Have you tried to apply for a conventional mortgage since the inception of the new rules the government implemented on January 1st? If you have and have been either turned down or you can’t get as much of a mortgage as you need, call me today. I have a solution that has helped other borrowers in the same situation. There is no obligation but I think you will find my solution very encouraging. 905.336.3545 or DonnaL@dominionlending.ca.
You May Also Like
Bank of Canada Rate Remains Unchanged
Yesterday the Bank of Canada announced that it would hold the overnight rate to 1.75%. For variable mortgage clients, bank prime rates for most lenders remain at 3.95%. Effective rates range from 2.95% and up for 5 year variables. In comparison, typical 5 year fixed rates are starting at 3.69% these days, with some specials… Read More…
Bank of Canada Holds Rate Steady
As was pretty much expected, the Bank of Canada held the overnight interest rate at 1 ¾% this week, citing a weaker outlook for the Canadian economy. The softer tone from the Bank is in direct contrast to what they said when they last met October 24. Since that time, oil prices have fallen considerably… Read More…
Four-Month Home Sales Gain ends in September
Here is a great article from DLC’s Chief Economist Sherry Cooper regarding home prices, house listings, and rent. Four-Month Home Sales Gain Ends in September