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Brexit & Your Mortgage

Brexit & Your Mortgage

[vc_row][vc_column width=”1/1″] Short Version Lower rates for longer is the initial prognosis. Referendums: Just a flawed concept.   Long Version While Canada is somewhat insulated from the direct economic consequences of Brexit, so little of CDN...
Broken Telephone: Scotiabank and Vancouver Mortgages

Broken Telephone: Scotiabank and Vancouver Mortgages

[vc_row][vc_column width=”1/1″]A game of broken telephone…   Fact – Jenny says ‘I like Johnny’s friend Jim’.   Fiction – School newspaper runs with ‘Jenny caught kissing Johnny in gym’.   Detachment from Reality – Student chatter converts...
How have you structured your own mortgage and why?

How have you structured your own mortgage and why?

Ask your Broker or your banker the following Question; How have you structured your own mortgage and why? Aside from discovering that an overwhelming number of mortgage professionals have their own residence set up in either short term fixed (1yr or 2yr) or a variable...
No Bubble To See Here – Part 4 – The Amortization Effect

No Bubble To See Here – Part 4 – The Amortization Effect

[vc_row][vc_column width=”1/1″]The Amortization Effect   Each year from 2008 through 2010 the Federal Government reduced the maximum amortization as follows.   Purchases with less than 20% down –from 40–35 years, then 35- 30 and finally 30–25...
No Bubble To See Here – Part 2 – Accepting Appreciation

No Bubble To See Here – Part 2 – Accepting Appreciation

[vc_row][vc_column width=”1/1″]  Accepting Appreciation   If you are offered a bottle of water for $2.00 just after breakfast, you will likely say no thanks. Perhaps you’re not that thirsty and you will have time to grab one later. Besides, there is...