Archive for the ‘Mortgage’ Category

Edmonton Real Estate Mortgage Rates – April 07, 2009

Tuesday, April 7th, 2009

Terms

Posted Rates

DLC’s Rates

1 YEAR

4.20%

3.20%

2 YEARS

4.70%

3.65%

3 YEARS

4.90%

3.89%

4 YEARS

5.14%

4.05%

5 YEARS

5.45%

3.99%

7 YEARS

6.30%

5.02%

10 YEARS

6.70%

5.25%

Rates are subject to change without notice. *OAC E&OE
Prime Rate is 2.50%.

Variable rate mortgages from as low as Prime + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

*O.A.C., E.& O.E.

Weekly rate minder provided by:

Narish Maharaj
Dominion Lending Centres Optimum
(780) 238 – 7038
Apply online :
www.dlconline.com

Current Mortgage Rates

Thursday, March 26th, 2009
Terms Posted Rates Our Rates
     
1 YEAR 4.50% 3.25%
2 YEARS 5.00% 3.80%
3 YEARS 5.20% 3.90%
4 YEARS 5.44% 4.14%
5 YEARS 5.55% 4.04%
7 YEARS 6.80% 5.15%
10 YEARS 6.80% 5.25%
Rates are subject to change without notice. *OAC E&OE

 

 Prime Rate is 2.50%.
 

 

Variable rate mortgages from as low as Prime  + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

*O.A.C., E.& O.E.

About Dominion Lending Centres

  • We are Canada’s premier online mortgage lender, and one of the fastest growing mortgage companies nationwide!
  • Our Brokers are Experts in their field and many are ranked amongst the best nationally.
  • We close loans in all 10 provinces and 3 territories.
  • We can process your mortgage in as few as 7 days.
  • We have more than 100 mortgage programs making it easy to choose the best fit for your situation.
  • We are the preferred mortgage lender for several of Canada’s top companies.
  • Dominion Lending Centres’ Mortgage Experts are available anytime, anywhere, evenings and weekends — we’ll even come to you!

This week’s mortgage rates – March 25, 2009

Wednesday, February 25th, 2009

To view and search all Emdonton and area MLS listed homes visit me at www.FindMyHouse.ca

Also to enter a free draw for a $5,000 travel certificate enter at www.FindMyHouse.ca

This edition of Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all – our service is “free”.* It’s the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)

• Our Best Rates
• Explore Mortgage Scenarios with Helpful Calculators on dominionlending.ca
Terms Posted Rates Our Rates

1 YEAR / 5.00% / 3.50%
2 YEARS / 5.75% / 3.89%
3 YEARS / 5.75% / 3.99%
4 YEARS / 5.69% / 4.25%
5 YEARS / 5.79% / 4.19%
7 YEARS / 7.00% / 5.90%
10 YEARS / 7.35% / 6.05%

Rates are subject to change without notice. *OAC E&OE
Prime Rate is 3.00%.
Variable rate mortgages from as low as Prime + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

*O.A.C., E.& O.E.

About Dominion Lending Centres

* We are Canada’s premier online mortgage lender, and one of the fastest growing mortgage companies nationwide!
* Our Brokers are Experts in their field and many are ranked amongst the best nationally.
* We close loans in all 10 provinces and 3 territories.
* We can process your mortgage in as few as 7 days.
* We have more than 100 mortgage programs making it easy to choose the best fit for your situation.
* We are the preferred mortgage lender for several of Canada’s top companies.
* Dominion Lending Centres’ Mortgage Experts are available anytime, anywhere, evenings and weekends — we’ll even come to you!

To get pre-approved contact me today <mailto:nmaharaj@dlconline.ca>

Edmonton Mortgage Rates – Feb 10, 2009

Tuesday, February 10th, 2009

To view and search all Edmonton and area MLS listed homes visit me at http://www.findmyhouse.ca/

Also visit http://www.findmyhouse.ca/ to enter the free draw for a $5,000 travel gift certficate.

Weekly Rate Minder is provided by Dominion Lending Centres Optimum (780) 452-9101 or you can visit them at www.dlconline.com

This edition of Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all – our service is “free”.* It’s the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)
• Our Best Rates
• Explore Mortgage Scenarios with Helpful Calculators on dominionlending.ca

Terms / Posted Rates / Our Rates

1 YEAR / 5.00% / 3.50%
2 YEARS / 5.75% / 3.99%
3 YEARS / 5.75% / 3.75%
4 YEARS / 5.69% / 4.09%
5 YEARS / 5.79% / 4.34%
7 YEARS / 7.00% / 5.90%
10 YEARS / 7.35% / 6.05%
Rates are subject to change without notice. *OAC E&OE
Prime Rate is 3.00%.
Variable rate mortgages from as low as Prime + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

*O.A.C., E.& O.E.

About Dominion Lending Centres

* We are Canada’s premier online mortgage lender, and one of the fastest growing mortgage companies nationwide!
* Our Brokers are Experts in their field and many are ranked amongst the best nationally.
* We close loans in all 10 provinces and 3 territories.
* We can process your mortgage in as few as 7 days.
* We have more than 100 mortgage programs making it easy to choose the best fit for your situation.
* We are the preferred mortgage lender for several of Canada’s top companies.* Dominion Lending Centres’ Mortgage Experts are available anytime, anywhere, evenings and weekends — we’ll even come to you

Free First Time Buyer Seminar

Saturday, February 7th, 2009

To view and search all Edmonton and area MLS listed homes visit me at http://www.findmyhouse.ca/

Also visit http://www.findmyhouse.ca/ to enter the free draw for a $5,000 travel gift certficate.

The next first time buyer seminar dates are:
Wednesday Feb. 18th from 7-9pm
Saturday Feb. 21 10am-noon

There will be 4 instructors: A lawyer, a mortgage broker, a home inspector, and a real estate agent.

To register just click on the following link to register:
http://www.findmyhouse.ca/view_custom.php?cpc_id=5735

Serge Bourgoin
Re/Max Real Estate
Edmonton, AB
780-488-4000

Current Mortgage Interest Rates in Edmonton

Wednesday, February 4th, 2009

To view and search all Edmonton and area MLS listed homes visit me at http://www.findmyhouse.ca/

Also visit http://www.findmyhouse.ca/ to enter the free draw for a $5,000 travel gift certficate.

This edition of Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all – our service is “free”.* It’s the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)
• Our Best Rates
• Explore Mortgage Scenarios with Helpful Calculators on dominionlending.ca

Terms/ Posted Rates / Our Rates

1 YEAR / 5.00% / 3.50%
2 YEARS / 5.75% / 4.29%
3 YEARS / 5.75% / 3.75%
4 YEARS / 5.69% / 4.29%
5 YEARS / 5.79% / 4.39%
7 YEARS / 7.00% / 5.90%
10 YEARS / 7.35% / 6.05%
Rates are subject to change without notice. *OAC E&OE
Prime Rate is 3.00%.
Variable rate mortgages from as low as Prime + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

Source: Dominion Lending Centre Optimum
www.dlconline.ca

Current Mortgage Rates – Jan 07, 2009

Wednesday, January 7th, 2009

To view and seach all Edmonton and area MLS listed homes visit me at www.FindMyHouse.ca

This edition of Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all – our service is “free”.* It’s the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)
• Our Best Rates
• Explore Mortgage Scenarios with Helpful Calculators on dominionlending.ca

Terms / Posted Rates / Our Rates
1 YEAR / 5.60% / 4.00%
2 YEARS / 6.25% / 4.99%
3 YEARS / 6.25% / 4.95%
4 YEARS / 6.09% / 4.85%
5 YEARS / 6.75% / 4.95%
7 YEARS / 7.20% / 5.80%
10 YEARS / 7.55% / 5.95%
Rates are subject to change without notice. *OAC E&OE
Prime Rate is 3.50%.
Variable rate mortgages from as low as Prime + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

Information provided by Debbie Forbes –

Debbie Forbes – Dominion Lending Centres Cornerstone Mortgage And Leasing Inc.
780-991-8787

Edmonton Real Estate Mortgage Rates – Dec. 01, 2008

Monday, December 1st, 2008

To view and search all Edmonton and area MLS listed homes visit me at: http://www.findmyhouse.ca/

This edition of Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all – our service is “free”.* It’s the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)
• Our Best Rates • Explore Mortgage Scenarios with Helpful Calculators on
http://www.dominionlending.ca/ or contact me @ mailto:debbief@dominionlending.ca or Debbie Forbes 780-991-8787

Terms / Posted Rates / Our Rates
1 YEAR / 6.35% / 4.35%
2 YEARS / 6.70% / 5.10%
3 YEARS / 7.05% / 5.15%
4 YEARS / 7.04% / 4.95%
5 YEARS / 7.20% / 5.15%
7 YEARS / 7.65% / 6.00%
10 YEARS / 8.00% / 6.15%
Rates are subject to change without notice. *OAC E&OE
Prime Rate is 4.00%.
Variable rate mortgages from as low as Prime + 1

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

*O.A.C., E.& O.E.

About Dominion Lending Centres

* We are Canada’s premier online mortgage lender, and one of the fastest growing mortgage companies nationwide!
* Our Brokers are Experts in their field and many are ranked amongst the best nationally.
* We close loans in all 10 provinces and 3 territories.
* We can process your mortgage in as few as 7 days.
* We have more than 100 mortgage programs making it easy to choose the best fit for your situation.
* We are the preferred mortgage lender for several of Canada’s top companies.
* Dominion Lending Centres’ Mortgage Experts are available anytime, anywhere, evenings and weekends — we’ll even come to you!

Source: Debbie Forbes – Dominion Lending Centres (780) 991-8787 or e-mail: debbief@dominionlending.ca

10 things to think about before you renovate

Wednesday, November 26th, 2008

To view and search all Edmonton and area MLS listed homes for free visit me at: www.FindMyHouse.ca

Top renovation tips to make your renovation run smoothly

1. Budget, budget, budget I can’t say it enough. I’m an optimist who always believes that if you spend money on a quality reno instead of cheaping out, the necessary funds will magically appear. In reality, we know that isn’t true! So make sure you do your homework. Talk to a friend who has been through a similar reno, do as much window shopping and cost-comparisons that you can do. Make sure that you tack on at least an extra 20% for those inevitable issues that will spring up. And check your budget with your contractor or trades regularly to make sure you’re on track. Finally, don’t borrow to renovate if you can. A reno is much more satisfying if you save up the necessary funds before your renovate. Trust me.

2. Find the right contractor We’ve all heard the horror stories (and I’ve certainly been witness to a few of them). My usual recommendation is that the best contractors can be found through word of mouth. But if you can’t come up with a good referral, I am happy to say that you can find great contractors on the Internet. Check out sites such as www.handycanadian.com or www.homerenovationguide.com. Make sure you get several referrals before you sign any agreements!

3. Be realistic Dreaming is the start of any good renovation, but to have a good experience, you have to be realistic about what you can accomplish based on your budget, resources and your existing home. So many of us (particularly in this era of low interest rates and easily accessible home equity loans) will live beyond our means-just to have that gorgeous gourmet kitchen or marble bathroom. If you are absolutely committed to the dream of something that you can’t afford, see if you are able to renovate in stages. For example, in my first home, I really wanted a stone floor in my kitchen. The price well exceeded my budget. I didn’t want to compromise so I decided to wait to do the floor until I could afford the stone that I really wanted. I ended up painting my subfloor a putty grey and had the millworkers design my kitchen with an extra-high kick – which allowed me the room to install the stone floor later. Ironically, I ended up selling the home. One of the things that the new homeowners loved was the painted wooden kitchen floor!

4. Do your research Talk to friends who have renovated as well as other real estate and reno experts. It’s really important before you embark on the renovation rollercoaster that you have a clear understanding of what to expect. Plus, you need to make sure that you bring your thoughts and research to the table. Clip photos out of magazines of rooms that you love. Scour shops and the Internet for the latest and greatest. Have a general idea of how you want the space to look and feel. If you are overwhelmed, find a designer who can help you lead the way. If you want to find a reputable interior designer, log on to the Internet. In Ontario, you can get fantastic referrals through the Association of Registered Interior Designers (www.arido.ca). Other provinces also have their own associations.

5. It’s all in the details Thinking big picture should be commended, but we know that details are what can make or break a reno. I will never forget standing naively in the catacomb that was eventually to become my gorgeous new bathroom, delighted with myself that I had ordered my faucets, my tiles and my vanity. “Where are the rough-ins?” bellowed my plumber? “Rough-ins?” I asked, a shaky note of trepidation colouring the tone of my voice. Within moments, the glory of having provided everything to my trades had vanished as I realized that I had not ordered the “cake” of the faucets, only the shiny chrome icing. My error held up my reno for another two weeks. So make sure you have a list (or multiple lists for each room), and make sure that you confirm and reconfirm that everything has been ordered, has been delivered, etc. TIP: If you want a truly beautiful reno, pick everything BEFORE your reno starts. Something as simple as a cabinet knob can really decide the look of a room.

6. Get advice Now that you’ve talked to the experts, gotten referrals and drawn up your plans, have one more chat with friends or family who have gone through the reno experience. Try to be as thorough as possible-you’ll thank yourself later. I have saved thousands of dollars by having good friends take a look at my plans and assess them from an objective point of view. A designer or contractor may be able to convince you that you don’t REALLY need a six-foot bath, and that a four-foot version is adequate as long as you have a separate shower. It takes a good friend to remind you that YOU love baths and will be unhappy with one that’s designed only to bathe small children.

7. Don’t have any regrets If you follow steps 1 through 6, chances are you won’t have any regrets. But remember, when you choose to renovate, do it with a certain amount of chutzpah. Don’t second guess choices once they’ve been made, paid for and installed

8. Renovate for the future Trends are for accessorizing, not for renovating. A rule of thumb for renovating is that doing a high-quality job in a classic style is exactly that: classic. If you invest in quality finishes now, you won’t regret it. Forget about being a slave to fashion-instead, think how dated those olive-green appliances look 20 years later. At the end of the day, there’s nothing more classic than a basic white refrigerator or a white pedestal sink.

9. Check in every day Your contractor will tell you that you only need to come by once a week. Don’t believe him or her! You need to do a site visit every day. Unless you have an incredibly trustworthy person to oversee your reno, you really don’t want to go on holiday or avoid the site. I’ve heard many people say “it’s perfect-my kitchen reno is happening while I’m away” and I cringe. You need to be there ALL THE TIME. Mistakes will happen, and you need to make sure you’re there to react to them. The longer that mistake goes unseen, the more expensive it will be to change it.

10. Have fun! It’s not all doom and gloom. At the end of the day, there’s nothing more rewarding than watching a space be transformed by good design decisions and great workmanship. Better still is the day when the work is done and you can enjoy the results in the peace and quiet of your new space.

Source: Canadian Home and Country

MLS® home sales activity will continue cooling trend

Friday, November 21st, 2008

To view and search all Edmonton and area MLS listed homes visit me at: www.FindMyHouse.ca

In line with the recent downward revisions of Canadian economic and job growth forecasts, CREA is updating its MLS® housing market forecast for the balance of 2008, and 2009. National home sales activity is now forecast to decrease by 12% to 461,200 units in 2008, and decrease by 3% in 2009. The number of new listings is forecast to decline further from the peak reached in the second quarter of 2008, with levels in 2009 on par with levels in 2007. Fewer new listings will stabilize the resale housing market in 2009. Average home prices will reach new heights in nearly all provinces in 2008, but declining activity in higher priced markets will hold the national average price stable this year compared to 2007. The national average price is forecast to ease by 2.1 per cent in 2009.

Canadian economic growth is forecast to start improving in the second half of 2009 before accelerating in 2010. Re-aligning housing market balance and improving home affordability will set the stage for an improving housing market in 2010.

“Canadians are definitely concerned by the economic news out of the US, and much of that news stems from distress in the US housing market. Canadians should realize that Canada’s economy and housing market are both in better shape. This means the downturn in Canadian consumer confidence will pass and when it does, housing demand will rebound, especially when they realize the window of opportunity to buy at reduced prices and at low interest rates will begin to narrow once economic growth shows signs of rebounding next year.”

A brief video broadcast about this housing market information featuring CREA President Calvin Lindberg and CREA Chief Economist Gregory Klump are available on www.crea.ca.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.