17 Oct

Legalized Marijuana and the Canadian Housing Market

General

Posted by: Livian Smith

DLC BLOG Legalized Marijuana and the Canadian Housing Market October 17th will be an important day in Canada’s social history. It’s the day when we are going to have legalized marijuana across the country. We will be the second major country in the world to do this. How does this affect mortgage brokers like myself? […]

Read More
17 Oct

A bride and a mortgage broker

General

Posted by: Livian Smith

DLC BLOG A bride and a mortgage broker – Our House Magazine Dominion Lending Centres’ leading lady in the new national commercial campaign has a few questions of her own. As a young Canadian looking to get into the housing market, Laura Steponchev has a candid Q&A with one of our pro’s. You could say […]

Read More
17 Oct

Four-Month Home Sales Gain Ends in September

General

Posted by: Livian Smith

Dr. Sherry Cooper – Chief Economist, Dominion Lending Centres Four-Month Home Sales Gain Ends in September Canadian home sales declined for the first time in five months led downward by weakening activity in Vancouver and Toronto. Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell by 0.4% from August […]

Read More
17 Oct

The Downsizing Dilemma

General

Posted by: Livian Smith

DLC BLOG The Downsizing Dilemma With almost 50% of homeowners ready to retire and wishing to stay in their home and 30% of those people with most of their money tied up in home equity, the downsizing dilemma is real. Can they afford to stay in their home or is downsizing the better option. In […]

Read More
17 Oct

Why We Chose a Mortgage Broker –

General

Posted by: Livian Smith

Why We Chose a Mortgage Broker Lindsay Austin and her husband never imagined they could get a home with a lakefront view. Their real estate journey began in 2012, when the couple purchased their first place, a townhome in Kelowna B.C. with the help of a Dominion Lending Centres Mortgage broker. By 2017, they were […]

Read More
17 Oct

Fixed-rate mortgage: What lenders you should do it with and why

General

Posted by: Livian Smith

DLC BLOG Fixed-rate mortgage: What lenders you should do it with and why 25-year amortization or 30 years? Insured or Uninsured? With an A Lender or B Lender? These are just a few of the questions people have to decide on when they are pursuing a mortgage. But the biggest question of all: Fixed Rate […]

Read More
9 Oct

Cash Back and Decorating Allowances on New Build or Pre-sale Purchases

General

Posted by: Livian Smith

DLC BLOG Cash Back and Decorating Allowances on New Build or Pre-sale Purchases As the market shifts, developers will increase their incentives to buyers with cash back and decorating allowances on new build or pre-sale purchases. It is very important to review those options with your real estate agent representative and vital to consult with […]

Read More
5 Oct

What should come first, the house or the car?

General

Posted by: Livian Smith

DLC BLOG What should come first, the house or the car? So you just got a shiny new car, and now you want a shiny new home to go with it. Will that new car payment affect your mortgage pre- approval? The short answer… absolutely it will. Recently, I have encountered many people looking to […]

Read More
5 Oct

Mortgage Insurance 101

General

Posted by: Livian Smith

DLC BLOG Mortgage Insurance 101 For a first-time home buyer, the types of insurance surrounding a mortgage can be confusing, so it’s important to know what insurance covers what. There are 3 main types of insurance to know about when buying a home. Mortgage Default Insurance – If you put less than 20% down on […]

Read More
5 Oct

What To Look For In A Mortgage Broker

General

Posted by: Livian Smith

DLC BLOG What To Look For In A Mortgage Broker Are you on the hunt for a mortgage broker? Or you need a mortgage broker but just don’t know it yet! Either way, this article is for you! First up, where do you find a Mortgage Broker? The easiest (and one of the best places […]

Read More