Mortgage Resources

My Mortgage Toolbox

Check out our deep dives in mortgage education and learn how to manage your home.

Special Feature with DLC Economist Dr. Sherry Cooper

Special Feature with DLC Economist Dr. Sherry Cooper

A rare opportunity from Chief Economist Dr. Sherry Cooper of Dominion Lending Centres, sharing her outlook on inflation, interest rates, world events, and the housing market. Watch the full video 👇

All About Reverse Mortgages Read Article

All About Reverse Mortgages

Category: Education and Learning,

A reverse mortgage is a mortgage loan that allows seniors (55+ years old) to refinance or purchase a home. Three of the main benefits of a reverse mortgages are: 1. No income requirement –  2. No credit requirement –  3. No payment...

japan's yen and market volatily Read Article

Japan’s Yen and Market Volatility

Category: First Time Buyer,

I was reading quite a few pieces on the beginning of August’s market volatility but one in particular, from my investment advisor, caught my eye. It seems like the decline in stocks from over the first...

current interest rates Read Article

Current Interest Rates

Category: Education and Learning,

Fixed interest rates have been decreasing steadily over the past four months. At the same time, the variable rates have decreased due to the prime rate decreasing. At this time, half of our clients are...

blog article for bcs tenancy notice rule changes Read Article

BC’s Tenancy Notice Rule Changes

Category: Education and Learning,

Effective July 18, 2024, British Columbia will increase the notice period (2 months moving to 4 months) required to be given to a tenant to vacate a property when a buyer intends to occupy it....

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Pinsky Mortgages – In The News

Category: Education and Learning,

I’m Eitan Pinsky, owner of Pinsky Mortgages in beautiful Vancouver, BC. I’m excited to share that I’ve been featured in several major news outlets, including BNN Bloomberg, Global News, and The Globe and Mail. It’s...

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Why New Condos May Be a Bad Investment

Category: Education and Learning,First Time Buyer,Home Purchase,

Our housing market has been strong and home values have significantly increased over the past several years due to:-Too little construction of new housing, and-Underinvestment in single family housing-A decade of historic low interest rates-Speculation...

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Current Interest Rates

Category: First Time Buyer,

Summary: Fixed interest rates have been decreasing steadily over the past two months. At the same time, the variable rates have increased (the discounts off of the prime rate have decreased). At this time, the...

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30-Year Insured Mortgages

Category: Education and Learning,First Time Buyer,Home Purchase,

30-Year Insured Mortgages The government just released guidelines for 30-year insured amortizations. These extended repayment periods are earmarked for first-time purchasers of newly-built residences and kick off this August. To get a 30-year insured amortization: 1. At...

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May Jobs Report / Probable July Rate Cut

Category: Education and Learning,First Time Buyer,Home Purchase,

May Jobs Report / Probable July Rate Cut In the first major data release since the Bank of Canada cut interest rates last Wednesday, Statistics Canada Labour Force Survey for May showed a marked slowdown...

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Interest Rates – June 11th

Category: Education and Learning,First Time Buyer,Home Purchase,

1. Interest Rates *Interest rates as of June 11th, 2024. Rates subject to change (I have to write that ) Variable v.s. Fixed Right now, we’re seeing quite a few people pick the variable rate over...