Bobby Magee - Mortgage Planner

01/28/2026

Steady as she goes ....

12/15/2025

https://mailchi.mp/2bc2bc3698dc/sherry-cooper-canadian-cpi-inflation-held-steady-at-17-yy-in-may-core-inflation-edged-downward-4967219?e=35fae27819

12/10/2025

https://mailchi.mp/sherrycooper/bank-of-canada-holds-overnight-rate-steady-at-225?e=dc94c36563

Today, the Bank of Canada held the policy rate steady at 2.25%. This is the bottom of the Bank's estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering just above 2% and core inflation between 2.5% and 3%, the Governing Counc...

11/29/2025

https://mailchi.mp/sherrycooper/canadas-gdp-rose-at-a-much-stronger-than-expected-26-annualized-pace-in-q3-boosted-by-growth-in-housing-and-military-spending?e=dc94c36563

GDP in Canada expanded at an annualized 2.6% pace in the third quarter, rebounding from a revised 1.8% drop in the previous period and well above forecasts of 0.5%. It is the largest increase in GDP this year, with imports sinking 8.6% while exports rose 0.7%. Also, investment surged 2.3%, mostly i...

11/21/2025

Just thought I'd put this out there.... crossed the continent and back on United Airlines and I have exactly zero complaints. Clean facilities, cheerful staff and right on time. I could get used to this!

10/29/2025

08/20/2025

https://mailchi.mp/f5290d6fd321/sherry-cooper-canadian-cpi-inflation-held-steady-at-17-yy-in-may-core-inflation-edged-downward-4966220?e=35fae27819

08/15/2025

https://mailchi.mp/f16ac492c439/canadian-housing-might-be-turning-a-corner-as-sales-picked-up-in-june-and-prices-flattened-4966203?e=35fae27819

08/14/2025

For many Canadians 55+, staying in the home they love is a top priority and they’re not alone. A survey conducted by Ipsos on behalf of HomeEquity Bank, found that 93% of Canadians want to age in place, choosing to remain in a familiar space close to friends, family, and their community. With the help of a reverse mortgage you can:

-Stay in the home they love without the need to sell or downsize
-Fund home renovations or retrofits to create a safer, more comfortable space
-Reduce financial pressure and free up monthly cash flow
-Enjoy a more comfortable retirement without touching your savings.

A reverse mortgage is not appropriate for everyone, but where appropriate it is a powerful financial tool. As reverse mortgages have become more popular more lendershave entered the marketplace. If you have ever wondered "if only I could pull just a $1,000 a month out of my home equity, tax free, my life would be so much better" Then indeed, a reverse mortgage may be for you.

For details about how you might use one or how others have used them, please reach out by phone or text.

Bobby Magee - Mortgage Planner
DLC/First Pacific Mortgage - A Better Way

08/11/2025

Commercial & Hobby Farms? We do that!!!

07/30/2025

As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today's meeting, the third consecutive rate hold since the Bank cut overnight rates seven times in the past year. The Governing Council noted that the unpredictability of the magnitude and duration of tariffs pose...

07/30/2025