Owen Tyndall - Mortgage Underwriter - Servus

12/20/2022

See Full Story Here:

www.scotiabank.com

12/12/2022

While inflation has put added strain on many household's finances, here are our top five suggestions for coping with inflation.

See Full Article: https://livesocial.seismic.com/aFxm9e

12/12/2022

We believe strongly that a variable rate mortgage should have a payment that varies, said Dan Rees, Group Head of Canadian Banking.

No trigger rate here, which means your payment changes as your variable rate changes.

Interesting information, worth a read!

www.canadianmortgagetrends.com

12/10/2022

Scotiabank's Chief Economist Jean-François Perrault is back to discuss how the central bank is signalling a pause on future hikes, when he expects interest rates to start going down, and his latest research on what factors in Canada have further contributed to the global factors driving inflation

www.scotiabank.com

11/24/2022

The Bank of Canada estimates half of Canadian homeowners who took out a variable-rate mortgage with fixed payments have already hit their trigger rate

globalnews.ca

11/15/2022

In a wide-ranging interview, Bank of Canada governor Tiff Macklem says Canadians should expect more interest rate hikes, and a mild recession is possible, as the central bank continues its fight against inflation

www.cbc.ca

11/04/2022

Multigenerational home sales are seeing a surge in Calgary.

What a great option for those interested in sharing a home with parents and grown children.

www.cbc.ca

10/26/2022

The effects of recent policy rate increases by the Bank are becoming evident in interest-sensitive areas of the economy: housing activity has retreated sharply, and spending by households and businesses is softening

www.bankofcanada.ca

10/18/2022

With the Scotia Total Equity Plan, you only need to qualify once to unlock your home's potential for the future. To learn more, contact me today or visit: https://livesocial.seismic.com/TKBpv

www.scotiabank.com

10/03/2022

In addition to affecting choices of variable versus fixed rates, the extremely high qualifying interest rates affected mortgage choices, causing movements to non-insured, non-traditional (non-federally-regulated) lenders, often at interest rates higher than were offered by regulated lenders

www.canadianmortgagetrends.com

09/29/2022

With mortgage interest rates now at the highest levels in over a decade, this is a good time to consider whether the stress tests are reducing risk related to mortgage borrowing, and also to discuss whether there should be changes to the qualifying interest rates that are used in the tests

www.canadianmortgagetrends.com