News

4 Jun 2018

Why We Chose a Mortgage Broker – Our House Magazine

Posted by: Jeremy Deutsch

Communications Advisor

The Dolejsi family needed more than just the purchase price of their new home. Their DLC broker made it easier for them to ask the “dumb questions.” Lindsay Dolejsi and her family are finally getting settled into their forever home. The three-bedroom, 2,000 square foot townhouse in south Surrey, B.C., is the perfect place for Read More

1 Jun 2018

U.S. May Unemployment Rate Falls Again to 3.8%

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

Today’s May employment report showed the jobless rate dropping unexpectedly even further to 3.8%–considerably below the level the Fed once considered to be full employment. It wasn’t long ago that the Fed estimated the long-run equilibrium jobless rate in the range of 4.3%-to-4.7%. Economic theory tells us that very tight labour markets can generate inflation Read More

31 May 2018

31 May 2018

When double dipping is okay

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

Perhaps you remember the Seinfeld episode where George Costanza catches someone double dipping in the salsa. While this is considered unsanitary and bad manners, some forms of double dipping are okay. Sometimes two levels of government want you to do something, so they offer you an incentive. The idea is that people’s behavior over time Read More

30 May 2018

Poloz Opens The Door For A Rate Hike In July

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

As expected, the Bank of Canada held rates steady at 1.25% for the third consecutive month but said that first-quarter growth was stronger than expected and that developments since April suggest that higher interest rates will be warranted. The first quarter GDP numbers are out tomorrow morning, and it’s clear the Q1 growth will be Read More

30 May 2018

Mortgage Moment: When Life Gives You Lemons…

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

We all do it. Even I fall guilty to it at times. It’s really a part of Human Nature…and really what fun is life without it? What exactly are we talking about? Dreaming. We make grand plans and lay them out with the utmost care. We write them out, daydream about them, and (hopefully) we Read More

29 May 2018

How to Navigate The Mortgage Rate Wars

Posted by: Angela Calla

Dominion Lending Centres - Accredited Mortgage Professional

You may have heard that rates are changing, and that is true. They don’t call it war for nothing and you need an expert by your side! Think of mortgage brokers as your loyal soldiers. What we are seeing is exactly what we anticipated when prime rate goes up and discounts go down. Confused? Don’t Read More

28 May 2018

Bullying Ends Here – Update for May

Posted by: Tad Milmine

Founder, Bullying Ends Here

Hello Friends, What a year it has been so far. I feel as though I am always having something new to share with you. This will be a brief overview of some of the final achievements for this past school year and our expectations for this coming one. First of all, I was honoured to Read More

25 May 2018

Fixed Versus Variable Interest!

Posted by: Ryan Oake

Dominion Lending Centres - Accredited Mortgage Professional

Fixed Interest Rates This is usually the more popular choice for clients when it comes to deciding on which type of interest rate they want. There are many reasons why, but the most unsurprising answer is always safety. With a fixed interest rate, you know exactly what you are paying every month and you know Read More

24 May 2018

Why we chose a DLC mortgage broker – Our House Magazine

Posted by: Jeremy Deutsch

Communications Advisor

Cindee and Dwayne Roy had always planned to get back to country living. The Alberta couple had done the big city and small town thing, but always had one eye on the simple life. After five years of searching, they finally found their dream home outside of Wainwright, Alta. It was a sprawling property, featuring Read More

  • Residential Mortgages

    The purchase of a home is the largest purchase most people make during their lifetime. At Dominion Lending Centres, we want to make each and every purchaser aware of the many mortgage options available to them prior to their purchase and closing date.
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  • Commercial Mortgages

    Dominion Lending Centres Commercial has established excellent relationships in the lending community with pension funds, banks, credit unions, life insurance companies, trust companies, private institutions and individual investors.
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