Marina Ivanova - Dominion Lending Centres National

08/24/2022

If you are in a position where your fixed-payment variable mortgage has just gone up significantly and you are uncomfortable with these new payments, get in touch to discuss better options!

There's been a lot of discussion recently about how variable-rate mortgage holders could face their "trigger point." We're going to explore what that means, and the implications for borrowers.

06/23/2022

I am finding more and more clients opting for variable, which is not always the best solution to maximizing your purchasing power, this is where Credit Unions can become a smart option for first time home buyers. Get in touch to learn how!

As of June 2022, we are currently seeing unnatural discrepancies in the size of mortgage loans borrowers will qualify for, and it’s all because of a rift in the space-time stress test continuum. You see, most 5-year fixed mortgage rates are already over 5%, making their stress test a full 2% highe...

06/17/2022

A good overview of where we are at and what's yet to come!

Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.

05/20/2022

The truth about housing affordability is really scary for the next generation. I am not really sure what, if any, feasible solution exists at this point.

It takes young buyers in Windsor 14 years to save a 20 per cent down payment based on average earnings.

05/03/2022

Lot's of my clients are finding themselves torn between whether fixed or variable is better in today's environment, the answer is - it depends!

Should you go with a variable or fixed-rate mortgage? Rising interest rates are changing the calculus for prospective home buyers, experts say.

05/03/2022

It's not all doom and gloom with the new rate hikes!

One eventual benefit is that borrowers will have a more realistic monthly payment for their debts

04/27/2022

Will this help close the gap for home affordability?

The latest census data shows single-detached houses are still the most plentiful type of housing in Canada, but apartments and row houses are slowly catching up.

04/27/2022

A great summary of the benefits of home ownership and the most important determinant to affordability.

As a potential homeowner, there are some amazing benefits that we think you should be aware of right out of the gate!

04/22/2022

For the skeptics out there who are waiting for the real estate market to crash - here is a single picture that tells you otherwise. It not only depicts how demand has been building over the past 5 years, but also what is to come for us here in the Region of Waterloo.

04/21/2022

With further rate hikes expected in the coming months, you may be wondering if now may be a good time to lock in a fixed rate.

Get in touch for an in depth analysis on your cost of borrowing so we can decide what is best for your financial future!

Scotiabank said there’s a “solid case” for the Bank of Canada to unleash a Goliath-sized rate hike ranging from three-quarters of a point to a full percentage point with inflation at the highest level since 1991