The Mortgage Life

Another rate hike today of 0.25%, and the Bank of Canada has indicated a pause... we think. With 8 consecutive rate hikes in the past year, we've been waiting for a bit of reprieve so that they can actually assess the impact on the Canadian economy. Let's see if it actually happens! In the meantime, make sure you're looking at your long term plans, and aligning your mortgage interest rates and oth...

While foreign investors have been restricted within Canada, as Canadians we do still have the ability to purchase abroad. Join us for our chat with Texas broker Dustin Carlson about brokering in the states, and helping foreign nationals purchasing real estate there.  Dustin has been in the financing business in the USA for over 20 years. He is married with 4 children, and loves fishing and seeing...

We got together in person, for the first time in 5 months, to record our final episode of 2022. All the best of the holiday season to you and yours! We allude to some to some great new content for next year, so come back in listen in 2023.

Home Inspector Kendall Kinnear joins us to talk about the importance of having your home inspected. Prior to a purchase or for simple home maintenance, home inspectors carry a wealth of knowledge!

Another rate hike today of 0.50% and the Bank of Canada is 'considering' a pause. Next rate annoucement will be on January 25, 2023. Stay tuned!

They’ve seen it all! Appraisers have a very interesting spot in the real estate market. Check out this episode with appraiser Adam Lawrenson of Adlaw Appraisals. Adam Lawrenson, is owner / operator at Adlaw Appraisals which focusesses on residential appraisals for mortgage brokers in the GVA and Okanagan. Adlaw Appraisals is approved with most lenders and offers quick turnarounds, excellent servic...

The Mortgage Life hosts chat with Jessey Camara from Better Mortgage Insurance about life and disability coverage. Jessey started BMI Advisory Services Ltd. with his partner Rosy Jallad in February 2020 with the purpose of being able to provide Mortgage Broker clients the opportunity to get various choices for life insurance.  Jessey has been life licensed since 2012 and provides clients with...

Once your mortgage has funded, and money has changed hands, our job as your mortgage broker is not over! 

Another rate hike today of 0.50%. We are in uncharted territory, and no one really knows what will happen next. How fitting for a Halloween episode!

In this installment of our GAM! series we chat with Harpreet Nahal, a local lawyer in Vernon, British Columbia. Once you’ve decided your goals, built your trusted team, and completed the application process, it’s time for your mortgage broker and lawyer to work their magic to find an approval and get your mortgage to the closing stage. Harpreet Nahal is the principal of Lake City Law which special...

In this episode, we chat with realtor Justina LeeStolz about the real estate market here in the Okanagan Valley. Flag this one for more than one listen through; it's packed with some great tidbits about the inner workings of the Fall Market.

First Time Home Buyers have a unique position and potential benefits in the Canadian market. In this episode we chat about the experience from their perspective, what to expect, and how to navigate obtaining their first mortgage.

Helloooo Bank of Canada! Join us for another special feature highlighting the Bank of Canada rate changes. This morning, the Bank of Canada raised its overnight interest rate, this time by 75 basis points, or ¾ of a percent. This will eventually trickle down to your lender’s prime rate. At some point in the next month your lender will most likely increase their prime rate by the same amount, resul...

Leading off of a great chat with an Insolvency Trustee in Episode 15, join your hosts in this episode for a bit more of a conversation about credit from the mortgage broker perspective. 

Insolvency is a state of financial distress in which a person is unable to pay their bills. Have a listen to this interview with Chris Michalcheon, Licensed Insolvency Trustee with BDO Debt Solutions. We chat about credit, establishing credit, how people get into trouble with credit, and how to get out of it.  It's never too early to have a conversation about your financial status. Check out this...

GAM! In the Getting a Mortgage series, we discuss all aspects of the mortgage process. 'Part 1 - The Application' outlines our process of starting up a new file, and what that looks like for you. Keep an eye out for more GAM! episodes, where we'll discuss the rest of the process, from credit, to approval and funding, and what happens after the fact.

We have seen a lot of changes in interest rates this year, and there is even more speculation on the market. In this episode, your hosts chat about various aspects of how interest rates work in the mortgage world.

Today, July 13, 2022, the Bank of Canada raised it's key lending rate by 1%. On this Special Feature episode, we interview Brendon Ogmundson, Chief Economist from the British Columbia Real Estate Association (BCREA), for some further insight into the reasoning behind this aggressive change, and some thoughts on how it will impact us moving forward.

They love PREMIUM chocolates ;) They also love to talk about insurance. Have a listen to this episode, where we interview Nicola Dent, manager from Capri CMW, about home insurance. Come back and listen to future episodes about other types of insurance associated with mortgages, including default insurance, title insurance, and life & disability insurance.

Listen in on our chat about the basic costs involved with renting VS the costs involved with buying and maintaining real estate in British Columbia, Canada. Now is the ideal time to be chatting with your mortgage broker about those costs, and what options make sense for you. 

The Bank of Canada changed it's overnight lending rate again this morning from 1% to 1.5%. So what does that mean for YOU, the mortgage borrower? Pete, Sue, and Mindy got together this morning for a quick chat...

Property taxes are a hot topic around our office for the month of June - it’s property tax season! From mill rates to golden ticket paperwork, in this episode, we unpack those taxes.

Flexibility is more than a yoga pose. HELOCs are a popular choice that can offer the mortgage flexibility you might need. Chat with your mortgage broker to see if it’s an option for you!

Your hosts interview Deb White, current president of the Canadian Mortgage Brokers Association of BC, and owner of DLC White House Mortgages, for some insight, history, and evolution of the mortgage broker industry.

Listen in to find out what spring time looks like for your hosts. From de-winterizing to backyard planning to volunteer opportunities, success for us means community, connections, and smooth transitions.