Donna Thornton, Hamilton Mortgage Broker

03/19/2020

I’ve been asked a lot about mortgage payment relief. My understanding is that lenders are skipping and deferring payments on a case by case basis. If you’d like to chat about if either option is right for you, send me a DM or call or text me at (905) 563-9896

03/17/2020

There is so much going on that we can’t control. Go out and move your body. You will be grateful you did.

03/08/2020

Happy International Women’s Day to ALL the incredible women out there.

03/05/2020

Guys! Now is the time to refinance your mortgage to pay off your pesky debt.

Call or Text 905-563-9896 to talk about your options.

Credit rating agency Equifax Canada says average consumer debt increased 2.7 per cent to reach $72,950 at the end of 2019 as the pace of non-mortgage debt slowed.

03/05/2020

Are you in the market for a mortgage?

We just got word that 5 year fixed interest rates are as low as 2.59%

Reach out to me today if you want to chat!

Call or text 905-563-9896 anytime!

03/05/2020

Looks like some lenders are starting to lower prime rate. I’m sure we will see more rate decreases tomorrow.

Have mortgage questions? Call us, we are happy to help! 905-563-9896

03/04/2020

The Bank of Canada lowered interest rates today by .50%. Question is: will the lenders follow suit?

If your mortgage is up for renewal or you’re thinking of buying reach out to me, I’d love to help make your homeownership dreams come true!

Call or text anytime: 905-563-9896

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent.

02/18/2020

Exciting News! Starting April 6, 2020 qualifying for a mortgage will get easier!⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Is your mortgage up for renewal? Thinking about a refinance? Considering Purchasing a new home? Reach out to me today and I can fill you in on all the upcoming regulation changes!⠀⠀⠀⠀⠀⠀⠀⠀⠀
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02/18/2020

It's a step in the right direction!

Today, Minister of Finance, Bill Morneau, announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the “stress test.” These changes will come into effect on April 6, 2020. The new benchmark rate will be the weekly median 5-year fi...

01/30/2020

Guys!

I am honoured and humbled to have won The Growth Award for 2019.

I feel like I’ve won a million bucks and not an award. Thanks so much for not giving up on me even when I had given up on myself.

Can’t wait to show all my clients and referral partners why working with me in 2020 is going to be amazing!

01/29/2020

You never know what is happening in everyone else's world. We all have a choice. I chose to be kind, do you?⠀⠀⠀⠀⠀⠀⠀⠀⠀
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01/28/2020

Live the rest of your life on your terms!⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Last week I was approached by a long term client. In fact, this client was my very FIRST client going all the way back to 2008. I have helped this client several times over the course of our relationship but when they called me I knew that this time was different.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
My clients are in their 80s. They have a mortgage and what I consider a fair amount of debt. They are both retired, and on a small pension in addition to CPP and OAS. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
There was a lot more month than there was money.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
My clients wanted to refinance to pay out their debt. I spoke with them and quickly we realized that refinancing their home would not solve the REAL issue: cashflow.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Thankfully I have an amazing program that is designed to help keep Canadians in their home. The CHIP Reverse Mortgage has paid off my clients debt and mortgage allowing my clients to spend the rest of their life LIVING their BEST life. No more debt payments. No more mortgage payments. No more worrying about getting to the end of their money before the end of the month!⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
If you are a homeowner over the age of 55 and you think that this could work for you, please reach out to me and we can chat!⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
You have worked so hard and so long to NOT be able to ENJOY your retirement.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀