Mortgage Lending with Donna McLean - Mortgage Agent

02/04/2022

Home-buying tips from four real estate pros

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

For those pressing on with the search in 2022, BNN Bloomberg collected some tips on how to approach the market by tapping the expertise of several of our regular real estate guests.

02/02/2022

Omicron Has Some Doubting Current Rate-Hike Forecasts

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

The arrival of the Omicron variant plus an expectation of persistently high inflation has some rethinking future Bank of Canada rate hikes.

01/28/2022

How the First-Time Home Buyer Incentive works

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Everything you need to know about the program, from the eligibility rules to what happens if you sell your home—and potential pitfalls to look out for.

01/26/2022

Denied a Mortgage from Your Bank? You Still Have Options!

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Have you been denied for a mortgage from your bank? Read on to discover the possible solutions to help get your mortgage application approved.

01/21/2022

Toronto Real Estate Is On Fire, But It’s Also Ontario’s Worst Performing Market

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Toronto real estate prices are some of the fastest growing of any global hub, but it might seem slow at home. Canadian Real Estate Association (CREA) data shows Toronto is the slowest growing market in Ontario. Small cities are growing up to 3x faster, closing the gap between the county’s economic...

01/19/2022

The Latest in Mortgage News: Canadians Divided Over Home Price Expectations

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Following a record year of home price increases, Canadians remain divided over where they expect (and hope) prices will go from here.

01/14/2022

“Should we refinance our mortgage?”

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Rates are significantly lower than the one Jill and Bob have locked into until 2024. Would they save money by breaking their current mortgage?

01/12/2022

Canadian Household Debt Is Surging, And Previous Quarter Revised 3 Points Higher

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Canadian household debt problems are once again worsening, after taking a brief break. The ratio of household credit market debt to disposable income climbed in Q3 2021, according to Statistics Canada (Stat Can). Households are now borrowing debt at one of the fastest rates in half a decade. Unfortu...

12/29/2021

Canadas Bank Regulator Says Smaller Down Payments Would Sacrifice Safety: OSFI

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Canada’s new top dog at the bank regulator wants you to know they’re taking housing risks seriously. Office of the Superintendent of Financial Institutions (OSFI) Superintendent Peter Routledge discussed their housing priorities this week. In a speech to Vancouver CFAs, he said the financial sys...

12/22/2021

How a reverse mortgage works in Canada -- and why you should consider one

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

Canada's skyrocketing home values are shining a spotlight on reverse mortgages

12/17/2021

Top Five Things To Look For In A Mortgage Broker

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

12/15/2021

7 smart strategies for first-time homebuyers

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For Commercial/ Residential Mortgage Services, visit https://www.donnamclean.ca today.

It's important to consider not only what you can afford now, but what you’ll be able to swing if a baby comes along or your career goes off-track.