Niki Cuthbert - Ask Niki

12/09/2025

It’s been a great 5 years at this location. Time to pivot and move into a new space. It’s bitter sweet but so proud of all the things we have done in the last 5. Thanks for making this video and making me cry

12/15/2023

Ask.

We created this brand to encourage our clients to feel comfortable “ASK”ing questions.

Preapprovals. Annual mortgage reviews. Fixed vs. Variable. Credit.
I’m here to answer any questions you may have

We have created a booking link so please take the initiative and book a call any time
Www.calendly.com/askniki

12/07/2023

Happy Holidays!

01/11/2022

Final Day of Resolutions (combining our final two): Try A Plant Based Diet AND Floss More ⁠
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a $50 gift card to This café is plant based with delicious flavorings of Japanese Cuisine. They source natural and organic ingredients that make you feel good about what you’re eating🥕Another local store that we love to support!! ⁠
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Giving you floss would be no fun so we are giving away a Sonicare toothbrush from . This brush has a smart timer to let you know when you’ve done the full 2 minutes.⁠
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How to :⁠
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• Follow ⁠
• Like this post (extra entries if you share on your story) and tag a friend in the comments⁠
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Contest closes January 12th at noon

01/04/2022

New Years Resolution Giveaway!

Have the chance to win prizes and gift cards from all of these wonderful local brands. The first giveaway will start tomorrow. Good luck!

12/07/2021

When I got licensed as a broker, my lofty goal was to fund $25,000,000 a year in mortgages. Seemed like an unattainable amount at that time but a girl can dream right?

Fast forward to 2021, I have funded over $100,000,000 in mortgages this year. Never, did I ever… think this was a possibility for me. (I am still in disbelief).

Thank you to everyone who trusts me with one of the biggest decisions you will make in your life. I do not take it lightly and I am so grateful.

09/28/2021

Bond yields are rising - which means fixed rates may be as well. Reach out to lock into a rate hold for 120 days

09/22/2021

https://www.macleans.ca/news/canada-election-2021-justin-trudeaus-liberals-party-platform/

After calling a snap election halfway through his term, Trudeau has managed to clinch another minority government

09/08/2021

Today, the Bank of Canada made its sixth interest rate decision of the year and for the sixth time, left its overnight benchmark rate unchanged at 0.25%. This low rate has been in force since March 2020.

With the benchmark rate unchanged, and employment rebounding, conditions remain favourable for all types of property financings.

The Bank of Canada made its sixth interest rate decision of the year and for the sixth time, left its overnight benchmark rate unchanged at 0.25%. This low rate has been in force since March 2020. As a result, the Bank Rate stays at 0.5%.

08/09/2021

https://torontosun.com/life/homes/are-changes-to-mortgage-stress-test-working

The real issue is lack of housing supply

05/27/2021

Breaking News!

Thursday, May 20, 2021, it was announced that the mortgage qualifying rate is changing for both insured and uninsured mortgages. This will affect anyone with accepted offers, refinances and renewals from June 1st onwards.
The Office of the Superintendent of Financial Institutions said Thursday that effective June 1, the qualifying rate on uninsured mortgages would be set at either two percentage points above the contract rate, or 5.25 per cent, whichever is greater.

Hours later, the federal government, which had been pressed to follow suit, announced it would set the same standard for insured mortgages on the same day, effectively trying to prepare buyers for when interest rates rise from their current lows.

"The recent and rapid rise in housing prices is squeezing middle-class Canadians across the entire country and raises concerns about the stability of the overall market," Finance Minister Chrystia Freeland said in a statement accompanying the announcement.

"Maintaining the health and stability of Canada’s housing market is essential to protecting middle-class families and to Canada’s broader economic recovery." Read more here.

How does this affect you?

For reference the current qualifying rate is 4.79%. As of June 1, 2021 the qualifying rate will be increasing to 5.25%. This will add an extra margin of error for borrowers, ensuring them additional security for income and expense fluctuations. This will subsequently affect the mortgage amount that borrowers will qualify for.

If you are currently looking to buy and I/or another lender has provided you with a budget/maximum loan amount please note those numbers will become void as of June 1, 2021. Please reach out to me if you would like to have your qualifying numbers revised based on the new qualifying rate or if you have any questions. E-mail me at [email protected].

Please read the OSFI’s notice here: https://www.osfi-bsif.gc.ca/Eng/osfi-bsif/med/Pages/b20nr-0521.aspx

Be happy. Be safe.

Niki Cuthbert
604-992-3492
[email protected]