Olena Vus - Mortgage Agent

06/09/2023

proud to be a part of Outline Financial and work every day with exceptional individuals like Andrew Dreyer!

“We rise by lifting others.” —Robert Ingersoll

Andrew has been doing some amazing work on his speaker tour, and we want to show him some appreciation! 👏

He has been an incredible mentor and touring speaker within the Ontario mortgage industry for a number of years. In particular, he has presented mortgage and economic courses to the following groups as part of their continuing education programs:

👉 Chartered Professional Accountants of Ontario (CPA Ontario),

👉 Ottawa Real Estate Board (OREB), and most recently,

👉 Toronto Regional Real Estate Board (TRREB).

Show your love in the comments, and thanks to Andrew for all you do 🏆

10/27/2022

BoC hikes overnight rate by 0.50% on a Oct 26,2022. Though the increase was lower than most economists were projecting, there is still possibility for another hike at the upcoming meeting on Dec 7,2022. Who does this hike immediately impact: existing mortgage holders with variable rate, credit with fluctuating ( not fixed) rates, and clients seeking a new mortgage.

10/26/2022

On October 26th, the Bank of Canada increased its overnight rate by 0.50% (50 bps) lifting it to 3.75%. The increase was on the lower end of expectations, as most economists were projecting a 0.50% or 0.75% rate increase. Lenders will follow suit by raising their Prime Lending Rates from 5.45% to 5.95%.
For a customized analysis of which rate or product option might be right for you, please contact a member of the Outline Team as we are always on standby to help.

11/11/2021

09/11/2020

holds the benchmark rate at 0.25% and claimed they will “ leave it unchanged until economic slack is absorbed so that the 2% inflation target is achieved”.

08/29/2020

Extremely proud of our team!

We did it 🙌🏻 Congratulations to our team for all our hard work and success! With the amount of growth we have made, this could be our last year in this category. Huge thank you to the Canadian Mortgage Awards. Fantastic job, Outline!

06/06/2020

CMHC making changes to the lending rules for buyers with less than 20% down payment, effective July 1, 2020. DM me to learn more about how this may impact your borrowing capacity and ultimately buying power. advice