St. Catharines mortgage agent champions health system support

St. Catharines mortgage agent champions health system support   Cameron Wilson plans to educate consumers in town hall meeting   NEWS Apr 16, 2019 by Beth Audet Niagara This Week – St. Catharines A St. Catharines mortgage agent is educating consumers about a financial approach that he says will stimulate the economy and reinvest in… Read More…

Healthcare in Niagara and the mortgage industry create a Partnership.

At Dominion Lending Centres, we know Community comes first. When we learned that provincial tax dollars do not pay for medical equipment in Hospitals – we knew there was a higher purpose for our business. We have created a new way to do business and help our communties thrive! We look forward to getting you… Read More…

Who pays your Broker? Not you!

WHO PAYS YOUR MORTGAGE BROKER? NOT YOU! If you’re looking to get a mortgage and considering a mortgage broker, there’s a good chance you’re wondering about how much the service costs. Good news! Clients looking to get a standard residential mortgage pay no fees to the broker. On standard residential mortgages, it’s 100% free for… Read More…

Niagara Regional – Community Mortgage Plan

Great having our community come together in support of the Niagara Regional – Community Mortgage Plan. The ceremonial launch of this new program was christened by Mayor Walter Sendzik, Regional Councillor’s Sandie Bellows and Leanna Villella and CEO of Niagara Health Foundation, Roger Ali.   We invite all of Niagara’s mortgage holders to participate in… Read More…

How to pay your mortgage off faster!

Purchasing a home is a major accomplishment, but paying off your mortgage as early as possible will be the best investment you can make. A 2010 Canada Mortgage and Housing Corporation (CMHC) survey indicated that 68 per cent of recent homeowners felt there was a strong chance they could pay off their mortgage earlier than… Read More…

Canadian’s holding insured mortgages (CMHC) exhibit low risk appetites

Great news, Canada! The Canadian economy has and does enjoy a very profitable real estate and mortgage market, especially so in recent memory. There has also been discussion of “bubbles” in the market and the danger they pose to the Canadian economy with Canadian’s being overleveraged when looking at their incomes versus their monthly liabilities…. Read More…

Are the New Mortgage Rules applicable to all lenders?

Many people are aware that Canada’s mortgage landscape has changed significantly over the past year or so. Most recently, there were (January 1st, 2018) major mortgage rule changes that affect borrowers who sit to purchase property or refinance their existing property. The new rules require a borrower with more than 20% equity or downpayment to… Read More…

Life changing Mortgage Rules – January 1st, 2018

The most ground shaking mortgage rules to date will be affective on January 1st, 2018 for all federally regulated financial institutions in Canada. This includes both purchase and refinances! OSFI is setting a new minimum qualifying rate, or “stress test,” for uninsured mortgages (mortgage consumers with down payments 20% or greater than their home price)…. Read More…

New mortgage rules – January 1st, 2018

The most ground shaking mortgage rules to date will be affective on January 1st, 2018 for all federally regulated financial institutions in Canada. OSFI is setting a new minimum qualifying rate, or “stress test,” for uninsured mortgages (mortgage consumers with down payments 20% or greater than their home price).   SCENARIO 1: Bank of Canada… Read More…

Niagara’s most competitive 5 year fixed rates terms

New mortgage rule changes are coming into play very soon – January 1st, 2018.  It is in your interest, as a current or future mortgage holder to get advice from a trusted source to learn if these changes will impact you. I enjoy helping people save thousands of dollars on their mortgage through trusted expert… Read More…

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