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…
Company
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…
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…
Niagara Health Foundation – mortgage fundraiser update
To date, over $3,000 has been generated for the Niagara Health Foundation to ensure Niagaran’s have access to the best healthcare! In addition, mortgage holders have saved thousands and thousands of dollars in lower rates and mitigation of risk. Thank you Niagara for the privilege of serving! With our extensive range of lenders, ranging from Big… Read More…
Mortgage (IRD) penalties, uncovered.
Articles on (IRD) penalties: https://www.cbc.ca/news/business/mortgage-penalty-pandemic-1.5588741 Class-action suit filed against Canadian banks over mortgage prepayment charges https://www.theglobeandmail.com/real-estate/mortgages-and-rates/the-hidden-trap-of-mortgage-penalties/article15774375/ How (IRD) penalties work in Regional applications (Niagara): According to the statistics from Statistics Canada and CMHC – Approximately, 22,692 Niagaran’s per year break their 5 yr fixed rate mortgage with a two column format with a fixed rate mortgage, triggering the Interest Rate Differential… Read More…