News

2 Nov 2016

Is Being Mortgage Free My Plan For Retirement?

Posted by: Alisa Aragon

Dominion Lending Centres - Accredited Mortgage Professional

Most people believe that being mortgage free is their plan for retirement. That means paying off your mortgage as fast as possible becomes the priority and having other forms of investments are considered only after your property is paid off. It is important to decide what option will give you the balanced diversification and protect Read More

1 Nov 2016

Market Averages, Government Intervention and Reality

Posted by: Dustan Woodhouse

Dominion Lending Centres - Accredited Mortgage Professional

In the Vancouver market, we often hear about the benchmark price, the average price, and the median home price. Usually that of a specific neighbourhood or municipality. However, what buyers rarely hear is the average price of the bottom 80% of listings of the Greater Vancouver Area. Y’know, the properties that the overwhelming majority of Read More

31 Oct 2016

And Then It Happens To You!

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

As a mortgage professional with Dominion Lending Centres, I do everything I can to maintain a high credit score. For example, I pay off my credit card in full, or at least the monthly minimum, on time every month. I don’t overuse credit and I stay under 75% of my credit limit. However. . . Read More

28 Oct 2016

Top Five Home Renovations That Increase Property Value

Posted by: Marc Shendale

Genworth Canada - Vice President Business Development

Looking to increase your homes property value? Here are five of the best renovations you can do to your home to increase property value. These five renovations can sometimes have a return on investment 5-6x what they cost. # 5 Flooring Flooring is one of the most important aspects of your house. You will see Read More

27 Oct 2016

CMHC Sees Problematic Housing Conditions in Canada

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

The Canadian Mortgage and Housing Corporation (CMHC) issued its quarterly housing market assessment and outlook yesterday, suggesting that, for the first time ever, there are “problematic conditions” in housing markets at the national level in Canada (see table below for details). As well, CMHC expects national housing starts and MLS sales to decline slightly in 2017 before stabilizing Read More

26 Oct 2016

Mortgage Changes – Oh How Times Have Changed

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

With the recent changes to the mortgage rules in Canada, we take a moment to look back at the evolution of the mortgage, and to highlight these new changes and what they mean. LOOKING BACK BEFORE 2008 During this time, lending and mortgages were much more laid back! There was 100% financing available, 40 year amortizations, Read More

25 Oct 2016

Bikes For Kids – My Number is 5+

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

I sit atop a local bike trail overlooking the spectacular valley vista. The air is crisp, the soil is tacky and the sun is out in full force. The only thing on my mind is what lies ahead. I push away from the trailhead, anticipating my navigating down the steep, rocky and rooty trail. The Read More

24 Oct 2016

Bi-Weekly Payment Workaround

Posted by: Jeff Ingram

Dominion Lending Centres - Accredited Mortgage Professional

Most of us know that changing your mortgage payment from monthly, or semi monthly, to an accelerated bi-weekly payment instantly reduces your standard 25 year amortization by 2.58 years with today’s rates. (If you didn’t know that, you’re likely not working with the mortgage professionals at Dominion Lending Centres). Sometimes, however, an accelerated bi-weekly payment Read More

21 Oct 2016

Are You Stressed About the New Stress Test? There’s No Need To Be!

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

That’s right! Sure the new mortgage rules from our Federal Government on October 17th can be a bit confusing, here are five tips to help you with your mortgage while at the same time, reducing your stress. 1. Review your Credit File: Good credit is your ticket to informed borrowing and purchasing, great rates and, Read More

20 Oct 2016

Bullying Ends Here – October Update

Posted by: Tad Milmine

Founder, Bullying Ends Here

Fall is one of my favourite times of year.  Not only are the trees changing colours, days are getting shorter and the kids back to school, but also Bullying Ends Here goes into full swing.  I am so excited to get back out and speak with as many people as possible.  I anticipate this will 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.
    Learn More
  • 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.
    Learn More