John Abella - Dominion Lending Centres Yournesta Financial

John Abella - Dominion Lending Centres Yournesta Financial Mortgage Agent Level 2, M22000651. Father, Husband and President, Erindale Lions Little League
Dominion Lending Centres | Yournesta Financial #13371

06/04/2026

Fixed mortgage rates are trending upward again, but if you have a fixed-rate mortgage and have been feeling financially stretched, there is a massive silver lining you need to know about.

Government of Canada bond yields—which drive fixed mortgage pricing—surged in the first quarter of 2026, meaning fixed rates are staying elevated.

But here’s the secret the banks don’t loudly advertise: When current market rates go UP, the penalty to break your existing fixed mortgage goes DOWN. 📉

Lenders typically charge either three months' interest OR an Interest Rate Differential (IRD)—whichever is higher. Because current rates are higher, that massive, multi-thousand-dollar IRD penalty shrinks. In some cases, it disappears entirely, leaving you with just the basic three-month interest cost.

If you've been holding off on a strategic refinance to consolidate high-interest credit cards, car loans, or line-of-credit debts because you were terrified of a $10k+ bank penalty, the math might have just tipped in your favor. Breaking your mortgage to wipe out bad debt could be significantly cheaper today than it was a few months ago.

Don’t let the fear of a penalty keep you trapped in a high-interest cycle.
Send me a DM with the word PENALTY and let's calculate exactly what your bank will charge you to unlock your equity. 🧮👇

06/02/2026

Delinquencies on mortgages jumped 52 per cent in Ontario in the first quarter of 2026 compared with the year before.

Over the same period, Brampton's rate rose 64 per cent, while Toronto's increased 58 per cent.

The number of Canadians filing for insolvency has risen to the highest level since the 2009 financial crisis.
Mortgage holders filing for insolvency are carrying an average debt of $82,400 on top of their mortgages.

If your current mortgage payment combined with the cost of living has your budget stretched to the breaking point, do not wait until you miss a payment. A missed mortgage payment severely damages your credit score and immediately limits the lenders who will work with you.
Instead, let’s be proactive.

Through a strategic refinance, we can use your home's equity to consolidate that outside debt—like credit cards, lines of credit, and auto loans—into your mortgage. This strategy can drastically reduce your total monthly cash outflow and relieve the immediate financial pressure.

You do not have to navigate this alone. Send me a DM with the word RELIEF to book a free, confidential strategy session to look at your options. 🤝

05/28/2026

You’ll be wearing a hat for a while. But your mortgage? That’s fixable.
If something feels off with your current mortgage, it’s worth taking another look.
A better fit could be closer than you think.
More choice = more savings! 🙌

"I think we are going to wait until the market gets better..." 🤔As a mortgage agent, this is the number one thing I hear...
05/27/2026

"I think we are going to wait until the market gets better..." 🤔

As a mortgage agent, this is the number one thing I hear from frustrated buyers. It's completely understandable to want the best possible conditions before making the biggest purchase of your life!

But waiting on the sidelines comes with a hidden cost. 📉
While you wait for interest rates to drop, you are missing out on building equity, and you risk getting caught in a bidding war once rates finally do shift and the floodgates of buyers open back up.

The right time to buy is when you are financially ready, not when the news tells you to.

Let’s build a strategy that protects your budget in the market we have right now. Click the link in my bio to book a free, no-pressure discovery call! 📲

05/25/2026

Huge news in the mortgage industry this week! National Bank has expanded its broker partnerships nationwide, specifically teaming up with the Dominion Lending Centres (DLC) network.

Since I am a proud agent under the DLC umbrella, this is a massive win for my clients! 🎉

There is a common misconception that mortgage brokers only use "alternative" lenders. Not true. My job is to find you the best rate and terms possible, and that includes shopping the major banks on your behalf.

Working with me means:
✅ Access to major financial institutions (like National Bank!)
✅ One single credit check to shop dozens of lenders
✅ Unbiased advice (I work for YOU, not the bank)
✅ Better negotiating power

Whether you need a brand-new pre-approval, or you want to see if we can beat your current bank's renewal offer, I've got you covered.

Stop doing the heavy lifting yourself. DM me the word SHOP and let’s get the lenders competing for your business! 👇

Getting your first mortgage is about so much more than just finding the lowest interest rate! 🛑As a first-time homebuyer...
05/22/2026

Getting your first mortgage is about so much more than just finding the lowest interest rate! 🛑

As a first-time homebuyer, it’s easy to get tunnel vision on the rate. But if you don't ask about the underlying terms of the contract, a "cheap" rate could end up costing you thousands of dollars down the road.

Swipe through to see the 3 questions you MUST ask before signing your mortgage commitment. ⏩

👉 Total Cost: What are the hidden fees and insurance premiums?
👉 Prepayments: Can you drop a lump sum on the principal without a penalty?
👉 Break Fees: If life changes and you need to sell or refinance, will you be hit with a massive penalty?

Don't navigate your first purchase blindly. Let’s sit down, answer these questions, and run your real numbers. DM me "FIRST HOME" to book a free strategy session! 🏡

05/20/2026

If buying a home in the city feels impossible right now, it might be time to change your target.

A new survey just revealed that 45% of prospective buyers are planning to buy a recreational property as their entry point into the housing market. Instead of stretching their budgets to the breaking point for a city condo, they are securing a foothold in real estate with a property they can enjoy on the weekends (or work from remotely!).

But before you start scrolling through MLS for a cabin in the woods, you need to know that recreational mortgages have different rules:
🔥 Type A Properties (Year-Round): If it has a permanent foundation and winterized heating, you can often buy it with as little as 5% down!
☀️ Type B Properties (Seasonal): If it's a summer-only cottage (no winter access, unheated), lenders typically require a strict 10% down payment.
🤝 Co-Ownership: Buying with friends or family to split the costs? We need to structure the mortgage correctly to protect everyone involved.

As an independent mortgage agent, I have access to lenders who specialize in these exact "second home" and recreational programs.
Want to see if the "cottage-first" strategy works for your budget? DM me the word COTTAGE and let's build your roadmap. 🗺️👇

Getting denied for a mortgage feels incredibly defeating, especially when you have a specific home or timeline in mind. ...
05/19/2026

Getting denied for a mortgage feels incredibly defeating, especially when you have a specific home or timeline in mind. 😔 If you're sitting at your laptop stressing over a "no" from your bank, take a deep breath.

A "no" from one lender does not mean "no" from every lender.

Big banks have strict, inflexible rules. But as an independent mortgage agent, my job is to shop the market for you. I have access to dozens of different lenders—including B-lenders and private options—that specialize in helping people overcome common roadblocks like:
📉 Bruised credit
🏢 Self-employed income
💳 High debt-to-income ratios

If you're feeling stuck, let's chat. I’ll review your situation with no judgment and build a plan to get you approved. Send me a DM and let’s get to work! 🤝

Are you part of the 70% of homeowners worried about their next mortgage renewal? 🤔The market is changing, but you have o...
05/12/2026

Are you part of the 70% of homeowners worried about their next mortgage renewal? 🤔

The market is changing, but you have options! What is your biggest concern about renewing right now? Let me know in the comments or send me a DM to discuss your specific situation.

Let's get you sorted! 🤝📊





05/08/2026

Is your mortgage up for renewal in 2026? Don’t let your bank dictate your financial future. 🏦📉

​With roughly 1.15 million Canadian households renewing this year, the banks are hoping you take the easy route and just sign their auto-renewal letter. But as a mortgage broker, I’m here to tell you there’s a better way.

​Here’s your 5-step renewal playbook (inspired by Christopher Liew's latest Bloomberg piece):

1️⃣ Shop 120 days early to lock in a rate hold.

2️⃣ Prioritize your monthly cash flow over the lowest headline rate.

3️⃣ Match your term (3-year, 5-year, fixed, or variable) to your life, not a guess on the economy.

4️⃣ Push for FCAC hardship relief if the numbers are too tight.

5️⃣ Consolidate high-interest debt to save thousands.

​Your bank works for their bottom line. I work for yours. 🤝

​💬 Drop a "RENEW" in the comments or DM me to build your custom renewal strategy today. Link in bio to book a call!





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