WHY SIGNING BACK YOUR MORTGAGE RENEWAL IS NOT IN YOUR BEST INTEREST/ NOVEMBER 25, 2015

By: Jessie Banwait

WHY SIGNING BACK YOUR MORTGAGE RENEWAL IS NOT IN YOUR BEST INTEREST/ NOVEMBER 25, 2015

Tags: Mortgage, Renewal

When it comes time for their mortgage renewal, most Canadians simply sign back the notice to renew their mortgage without investigating all their options. Studies show that approximately 94 per cent of Canadians sign back their notice of renewal on their existing mortgage and end up with a posted rate of interest instead of the bank’s best discounted offers. However, talking to a mortgage ...Read More

IS MORTGAGE INSURANCE A SCAM?/ MARCH 18, 2015

By: Jessie Banwait

IS MORTGAGE INSURANCE A SCAM?/ MARCH 18, 2015

Tags: Mortgage, Insurance, Policy

I've been reading a few articles lately on the prevalence of people getting "cheated" out of hundreds of thousands of dollars because of hasty approvals on their mortgage life insurance. Here are pointers on how to be smart about your life insurance: Don't hastily fill out pre-approval health applications. It may lead to a rejected life insurance claim&n...Read More

By: Jessie Banwait

GUEST BLOG: 3 REASONS TO REFINANCE YOUR HOME / FEBRUARY 19, 2015

Tags: Refinancing, Saving Money, Mortgage

We are pleased to have Susan Pacheco, our mortgage specialist do a blog post about mortgage refinancing. She is a talented and hardworking addition to our team and can take care of all your mortgage needs. For more information please email her at: susanpacheco@dominionlending.com  or check out her website: www.susanpmortgages.com Homeowners today face many reasons to refinance their mortga...Read More

By: Jessie Banwait

DON’T BE FOOLED BY BILLBOARDS / JULY 24, 2014

Tags: Real Estate Agent, Teams

Recently, I had to get in touch with my lawyer about something business-related. I couldn't reach him, and finally, two days after my first call, someone from his office finally got back to me. Did you notice that I didn't say that he called me back? It was one of the two new assistants he had recently hired, as he had expanded his firm over the last few months and was pretty busy. Whil...Read More

By: Jessie Banwait

ARE MIXER MORTGAGES THE NEW TREND IN HOME OWNERSHIP?/ MAY 28, 2014

Tags: Vancouver, Mixer Mortgage

Earlier this year, an international survey ranked Vancouver as the second least affordable housing market in the world, followed only by Hong Kong. The survey by Demographia ranked housing prices in nine countries against the median gross household income, and according to this system, three times the median income is considered affordable. Here’s the shocking part: Vancouver homes cost ten ...Read More

By: Jessie Banwait

DOES THE CHANGE TO MORTGAGE INSURANCE PREMIUMS AFFECT YOU?/ MARCH 26, 2014

Tags: Insurance, Interest Rate, Real Estate

At the end of February, the Canada Mortgage and Housing Corporation, the country’s national housing committee, announced that they will increase mortgage insurance premiums. What does this mean for new and existing home buyers, and our housing market?  The changes to mortgage insurance premiums -- the first hike since the 1990s -- take effect on May 1st, and will not affect existing ...Read More

20 QUESTIONS TO ASK A REAL ESTATE AGENT/ MARCH 12, 2014

By: Jessie Banwait

20 QUESTIONS TO ASK A REAL ESTATE AGENT/ MARCH 12, 2014

Tags: Real Estate Agent, Questions, Hiring, Commission,

You read my blog post on the cost of an inexperienced agent, and how important it is to only sign with agents who know what they’re doing. So how do you know if you’re signing a listing contract with a real estate agent who has the experience to get you top dollar for your property in the fewest number of days? Here are 20 questions you should ask any agent before signing a contract. ...Read More

By: Jessie Banwait

HOW MUCH COULD AN INEXPERIENCED AGENT COST YOU?/ JANUARY 8, 2014

Tags: Realtor, Costs

There’s this joke I really like: What do you call a doctor who graduates at the bottom of his class? Answer: A doctor. Think about every person you know. I’m sure you know at least one or two people, immediate friends and family, acquaintances, or friends-of-friends, who have recently gotten their real estate licences. Truth be told, getting your licence is a trendy thing to do ...Read More