2017 Spring Market Prediction & Warning

31st January 2017

By: Dustan Woodhouse Most Realtors I speak with on a day-to-day basis have buyers starting to stack up like cordwood, and a very limited supply of properties to show said buyers. Turns out the Pacific Ocean, US border, North shore mountains, and the ALR all remain intact. No expanded land supply in the Lower Mainland. […]

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A Conversation About Mortgage Pre-approvals

30th January 2017

Thinking of buying a property, but don’t know where to start? Well… that’s where a mortgage pre-approval comes in. Start here. Just like you wouldn’t go into a restaurant without having enough money to buy your meal, so you shouldn’t start shopping for a home without an understanding of how much you can afford. So let’s […]

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Upgrading Your Home: Refinance Plus Improvements Mortgage Option

27th January 2017

When it comes to mortgages and renovations it is important that you have your financing in place before you take the sledge hammer out of the garage! Lenders do not like coming into play half way through a renovation. Planning is essential to ensure you will have enough funds to cover the renovation costs. Did […]

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Bullying Ends Here Update For January 2017

26th January 2017

Happy 2017 my Friends! I hope all has started off well. For many, its a fresh new start. For others, just happy to get rid of 2016. Either way, today is a new day and we have to make the best of it. As they say, today is the start of our future! For Bullying […]

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How a DLC Mortgage Broker Can REALLY Help You!

25th January 2017

While it’s certainly easy to be intimidated by the prices that you might see as you browse MLS into the wee hours of the night, mortgage interest rates are still at a historical low.  If you’re looking at purchasing for the first time, you’re thinking, “What does that mean?!” With rates as low as they […]

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Construction Mortgage Part 2 – The Budget, the Loan and the Key Points You Need To Know

24th January 2017

The first of our Construction Mortgage Blogs covered the basics of what you would need to know for this complicated mortgage type. In this second part, we will cover three key areas: The budget, the loan, and key take-away points. 1. The Budget The budget is the most important piece of information that the lender […]

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Construction Mortgage Part 1 – Serviced vs Unserviced Lots

23rd January 2017

On several occasions we have had people ask us at Dominion Lending Centres about construction mortgages. Every lender has their own guidelines and rules when it comes to construction mortgages. That’s because there are many details involved in the process of construction, let alone the mortgage that actually funds it! Below is part 1 of […]

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National Home Sales End 2016 On the Upside

16th January 2017

This morning, the Canadian Real Estate Association (CREA) released its December national real estate statistics showing home sales rose 2.2% month-over-month in the final month of last year. This rebound retraced less than half of the decline in November, when it posted the largest monthly decline in more than four years in response to the […]

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