DLC BLOG The Pros and Cons of Co-Signing for a Mortgage If you keep up on the news you know that qualifying for a mortgage is getting tougher and tougher. Someone who would have sailed through the application process 10 years ago could find themselves declined for a mortgage today. Often I find applicants can […]

DLC BLOG Rent, Own, or Do Both? There are generally three different situations you can find yourself in when it comes to living situations; living with parents, renting, or owning. A lot of the times the first decision someone will need to make is whether they buy a home to live in, buy a home […]

DLC BLOG A CHIP Success Story A few years ago, I met with my Home Equity Bank representative. He was trying to encourage me to go visit my financial adviser referral partners to offer the Chip Reverse Mortgage product. I explained that I did not know anyone who had a reverse mortgage so it was […]

DLC BLOG First Time Mortgages: Expectations Vs. Reality First-time homebuyers are one of our favourite clients! It’s great to work alongside them and teach them the in’s and out’s about real estate, owning a home, and helping them cross “homeownership” off their bucket list. One thing that we find though, their expectations are often not […]

DLC BLOG Mortgage Switches and Transfers Mortgage switches and transfers are becoming one of the more popular sources of revenue for certain lenders which means great incentives for borrowers as the banks and financial institutions fight for your business. When your mortgage is up for renewal, your lender will typically send you a letter either […]

Dr. Sherry Cooper – Chief Economist, Dominion Lending Centres Four-Month Home Sales Gain Despite Weak B.C. Markets The Canadian housing market showed continued signs of stabilizing last month with sales edging upward and prices easing a bit. National home sales increased 0.9% in August, the fourth consecutive monthly gain. Sales in Toronto advanced 2.2% while […]

DLC BLOG Keeping Your Credit Score Healthy There is a lot of mis-information floating around about credit bureaus, credit reports and credit scores – not only that, but a large amount of the clients I work with have never even seen their credit report or score before! I’d like to shed a bit of light, […]

DLC BLOG The Real Estate Bug The real estate bug is something slowly starting to creep it’s way into the demographic of people in my social circle. Some, not all, are beginning to move on from their “Travel Bug” brought on from graduating high school or post-secondary and onto The Real Estate Bug. The Real […]

Dr. Sherry Cooper – Chief Economist, Dominion Lending Centres Canadian Jobs Plunge in August As Unemployment Rises In a real shocker, Statistics Canada announced this morning that employment dropped by 51,600, retracing most of the 54,100 gain in July. Economists had been expecting a much stronger number, but the Labour Force Survey is notoriously volatile, […]

DLC BLOG Subject Free Offers; Still Risky! The majority of my clients have stellar qualifications: established careers and businesses, excellent credit ratings, solid down payment funds, etc. They are truly awesome individuals who will almost certainly receive mortgage financing without a hitch. Almost certainly. With multiple offers, bidding wars, and over-asking-price bids now common as […]