10 Nov

DLC BLOG – Why use a Broker?

General

Posted by: Michael James

  With Thanks from Alisa Aragon DLC!… When purchasing a property, it can be an overwhelming experience. Especially with the current real estate market when you need to make fast decisions and you need to get your questions answered quickly. Many think that their only option is talking to their bank where they do their […]

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7 Oct

Reminder – 5 Great reasons to use a Mortgage Broker! DLC Blog

General

Posted by: Michael James

5 REASONS A MORTGAGE BROKER IS YOUR BEST CHOICE *** With the recent government changes (Oct 2016), our services should see even greater demand!***   Blog provided from DLC Head Office on behalf of Pam Pikkert So it seems that there are still Canadian consumers who have reservations or misunderstandings about why a mortgage broker […]

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7 Sep

Bank of Canada Hold Overnight Rate at 0.5% – Dr. Sherry Cooper

General

Posted by: Michael James

The Bank of Canada’s decision to hold rates steady once again was very much as expected, even though first half growth was well below the forecast in the July Monetary Policy Report. US growth in the first half of this year was also disappointing, reflecting weakness in business and residential investment. US consumer spending was […]

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31 Aug

Canadian Economy nosedives in Q2 – Dr. Sherry Cooper

General

Posted by: Michael James

Q2 financial update from our own Dr. Sherry Cooper. According to data released this morning by Statistics Canada, the Canadian economy declined at a 1.6% annual pace in the second quarter, the largest quarterly decline since the global financial crisis in Q2 2009. In comparison, the U.S. economy grew at a 1.1% annual rate last […]

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27 Jul

How other countries have tried to deter foreign investment! Globe and Mail

General

Posted by: Michael James

http://www.theglobeandmail.com/report-on-business/how-other-countries-have-tried-to-deter-foreign-real-estate-investors/article31128696/?reqid=16a8c907-8755-4b82-a698-0113d7f68337 Borrowed from the Globe and Mail! British Columbia joins a growing list of regions around the world that are restricting foreign investment and speculation in their housing markets. Here are measures taken in six other countries to cool house prices. Australia Australia has barred non-resident investors from buying resale houses unless they plan to […]

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19 Jul

What if Canada became Japan rate-wise? Zero interest environment….

General

Posted by: Michael James

What if Canada was heading into (or remained for that matter) in a zero interest rate, flat rate, no chance of increase for foreseeable future environment?   A recent trade article shared this view from an industry broker: The Bank of Canada won’t let sky-high housing prices deter it from cutting rates – what would […]

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24 Jun

What does Brexit mean for Canada? Dr. Sherry Cooper helps explain….

General

Posted by: Michael James

The decision by British voters to leave the European Union (EU) has shocked markets and will no doubt lead to continued uncertainty for an extended period. Stock markets around the world are reeling, the British pound has taken an unprecedented nosedive, commodity prices with the exception of gold are plunging and interest rates are falling […]

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