Five years ago, the mortgage industry began to radically change in ways many today aren’t even aware of. These changes need to be brought to the attention of homebuyers as new rules and regulations are making it more difficult to complete mortgage financing. The CMHC (Canada Mortgage and Housing Corporation) has established new rules that […]

In an evenly divided call by market analysts, the Bank of Canada maintained its target for the overnight rate at 1/2 percent. The Bank said that inflation prospects are largely as expected and that “the dynamics of the global economy are broadly as anticipated in the Bank’s October Monetary Policy Report (MPR).” Really?  Oil prices have plummeted to […]

A lot can change in a year when it comes to mortgages. These changes can provide great opportunities for mortgagees to refinance their mortgage at the time of renewal in order to save money. Unfortunately, most people are under the impression that once they sign on the dotted line they are locked into their mortgage […]

So you have found a great house. The neighborhood is wonderful. Mature trees, lower property taxes, schools within walking distance and easy access to a variety of amenities. But the house, how do we put it, is retro at best. You wonder how you will tolerate the bright pink carpets and the vast array of […]

  Join Dominion Lending Centres- Val Thibault and Big Brothers Big Sisters of Lloydminster in making Christmas a little brighter for some of the kids in our community with the largest bike donation in Canada!  Go online to order a bike by November 24, 2015 www.bikesforkids.com  If you order bike(s) or donate online please type VAL […]

            So here in the province of Alberta there are some amazing opportunities for very lucrative positions. You find yourself a great opportunity and know that you are bringing in some very good income so you decide to purchase a home. But then something horrible happens. Your mortgage professional takes […]

           We mortgage professionals recently learned something very interesting. A survey of mortgage consumers revealed that people would rather get a root canal than a mortgage. Gasp!! I can understand that the process can be overwhelming but considering that your home is likely the largest purchase you will ever make and […]

        So perhaps circumstances have deemed it your time to purchase a new home. We have all heard of the brisk spring market but what can you expect when you look to buy in the fall or winter? Let’s take a look shall we? I will warn you all that the ‘s’ […]

I am sure that there are things that my accountant or lawyer would like me to know. Tips that would make their job so much easier if I just understood. This is likely true of most of us in our chosen career paths. You are obligated to perform certain tasks which your clientele then grumble […]

There are 9 million Millennials in Canada, representing more than 25 percent of the population. Born between 1980 and 1999, the eldest are in the early stages of their careers, forming households and buying their first homes. Buying a home is a daunting process for anyone, but especially so for the first-time home buyer. This […]