Jason Peckham Mortgages - Dominion Lending Centre

05/14/2015

With house prices continuing to go up, it is always best to talk to an expert. days.http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/what-to-do-when-your-mortgage-rules-you/article24378460/

04/09/2015

When dealing with the big banks, everyone should find out if they are getting into a collateral mortgage.
http://www.mortgagebrokernews.ca/news/td-under-pressure-for-collateral-mortgage-190135.aspx

In what brokers hope is a precedent, media pressure appears to have saved a borrower from the hefty discharge costs associated with a collateral mortgage.

02/28/2015

Big news at Dominion Lending this week. Dr. Sherry Cooper has joined team blue. Very exciting http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2015/02/dlc-hires-star-economist.html

Dominion Lending Centres (DLC) has become the first mortgage broker network to have its own prominent in-house economist. The company announced...

02/26/2015

A great read for those of us who have daughters. I like to think that I am doing my share.
http://www.theglobeandmail.com/life/parenting/dads-who-split-chores-raise-daughters-who-aspire-to-high-paying-careers/article18882764/

Fathers who split dishes, dusting and laundry with mothers raise daughters who aspire to high-paying careers, says the author of a new gender roles...

02/24/2015

Do you carry a balance on your credit card? Have you ever missed a payment? TD and CIBC are making changes to their penalties for missing a payment. A must read!
http://business.financialpost.com/2015/02/20/why-slipping-on-your-credit-card-payments-is-about-to-cost-you-big-or-bigger-bucks/

Credit card holders who miss two minimum payments will now get dinged with a higher interest rate on their next bill as Canadian banks begin to...

02/21/2015

Considering doing some renovations? Read this great article for some important things to keep in mind.
http://www.thestar.com/life/homes/2014/07/11/some_renos_help_while_others_just_hurt.html

Is the upgrade for you or a return on investment?

02/14/2015

Did you forget that today is Valentine's day? Maybe you can make it up to them with one of these romantic getaways. Which would you choose?
http://www.fodors.com/news/photos/15-most-romantic-getaways-around-the-world #!1-intro

Romantic getaways often mean candlelit dinners, long walks on the beach, and pampering accommodations. But some destinations boast their own...

02/10/2015

Great article on big bank's posted rates. These are the rates you must qualify with if you are looking for a mortgage term shorter then 5 year, or are looking to go with a variable rate mortgage. http://business.financialpost.com/2015/02/09/why-you-should-care-about-the-banks-posted-rates-on-mortgages/

If all the banks lower their posted rate, it's going to get easier for consumers to borrow even more money — and squeeze a few more people into the housing market

02/07/2015

What a great idea! I will have keep an eye out for these.http://business.financialpost.com/2015/02/06/one-of-my-favourite-investments-why-the-greenlid-wowed-all-five-dragons/

The Greenlid. a compostable compost bin that is the first product of its kind anywhere in the world, already has shelf space at over 250 stores across Canada

02/03/2015

A great read, and make sure to watch the video too!

Analysis: IIn the past, when banks have declined to pass along the full rate cut offered by the Bank of Canada that gap never came back, to the detriment of borrowers

02/03/2015

There are many options for a mortgage other than going to a big bank. Many of them offer advantages that you can't get going to a bank (such as smaller breakage penalties, better rates at renewal, etc...) or more flexible lending guidelines for self employed individuals. With so many options out there it is best to speak to a professional. We access to over 40 different lenders (incl some big banks), I am able to guide you to finding the right mortgage product that works best for you and your future plans. Here a a great article about some lenders that work with people who don't fit into the big banks lending requirements.
http://business.financialpost.com/2015/01/30/why-more-canadians-are-turning-to-non-traditional-lenders-for-mortgages/

Squeezed out by stricter bank regulations, a growing number of mortgage-hunting Canadians have been turning to non-traditional lenders to overcome borrowing hurdles like bad credit

01/27/2015

Great news for people who are looking at getting a new mortgage!
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/rbc-is-first-to-cut-mortgage-rates-as-bond-yields-plunge/article22639128/

The renewed price war among the major banks is raising concerns that the Bank of Canada’s rate cut will add fuel to the country’s overheated...