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The Shell Game
In the past 15 years, we have been watching big banks and credit unions encourage people to take on Home Equity Lines of Credit (HELOCs) along with...
Winter Warm Up… Summer Cottage Dreaming!
Winter blues bringing you down? Thinking of May 2-4, the unofficial start of Cottage Country Season? Well, you’re not alone and it’s likely this...
Understanding your Options when Planning your Move
Friends, Remember 2015? Ah those heady days. A time before presidential hair malfunctions, Tesla cars in space and caloric contents listed next to...
Switch out your home equity line of credit mortgage and save
Do you have a home equity line of credit tied into your mortgage? One of our best lenders can now transfer these mortgages and will offer one of the...
Put the ROI Back into RenOvatIons
Put the ROI back into Ren-Ovat-Ions. Some PMG clients bought a house not too long ago and have been slowly fixing it up with the intention of...
To lock-in or not to lock-in… is that really the question?
On Wednesday morning, the Bank of Canada announced a rate hike of 0.25% on the overnight lending rate. Lenders will be implementing the rate hike at...
Confirmation bias & fake news. There’s more to the story of mortgage rates
Simple discourse. 2017 was an interesting year, a year of polarization and extremes. While this isn’t new, I find increasingly, measured debate and...
OFSI’s New Stress Test
People have been listening to new jargon like “stress test” regarding mortgages. The government is using new words, which, in my opinion carry very...
You can’t do it, the (insert big box home improvement store here) can’t help.
Here’s a cautionary tale for those of us who like to take home improvement into our own hands. Recently, a couple that lives around the corner from...
Should I Stay or Should I Go…Now
After the joyful reminder of this classic hit by The Clash, what we’re really talking about is spousal separations. In the 28 years we have been in...
Running the Gamut in 2017
The real estate business has really ‘run the gamut' this year. I love that phrase - the origin is traced back to a musical concept developed by a...
CMHC Fall Market Update
Canada Mortgage and Housing Corporation (CMHC) has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on...
What’s the deal with home capital group?
You may have noticed some alarming headlines in the news recently surrounding HCG and the effect that their troubles may have on the Canadian banking system at large.
Aggressive sales at the bank
It would be hard to miss the CBC exposure of the Bank employees complaints of pressure on them to pressure sell to clients. I even had one teller at my bank shut down her …
Get off the sidelines & into the market
On a regular day in our Personal Mortgage Group Office I will walk in and Steve, Boyce and Chris will be standing in the hall way chatting about the mortgages they are working on.
