News

27 Oct 2015

This vs That Volume 2

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

This is a sequel to This vs That, which I published last week on the Dominion Lending Centres website. A good idea always has an encore presentation. Heck, Rambo was so good they made another four movies. Here are a handful of additional terms used in the real estate and mortgage industry and hopefully the explanation will provide Read More

26 Oct 2015

My New Bullying Ends Here Family – DLC

Posted by: Tad Milmine

Founder, Bullying Ends Here

Since the September Bullying Ends Here presentation in Whistler, BC, where I had the opportunity to personally meet so many of our Dominion Lending Centres family members, a lot has happened. I am in daily contact with many of the DLC offices throughout the country who are all interested in planning fundraisers, community events and reaching out Read More

23 Oct 2015

22 Oct 2015

Are Your Clients Really, Truly Pre-Approved For a Mortgage?

Posted by: Tom Neeb

Dominion Lending Centres - Accredited Mortgage Professional

Beware of the term PRE-APPROVAL! Here are some facts: Pre-approvals mean something different to every mortgage professional and lending institution For mortgage approvals both the applicants AND the property they are buying need to be adjudicated and approved before funds are advanced…detailed borrower information and documents are typically required for a full pre-approval, however property Read More

21 Oct 2015

Canadian Interest Rates Have Bottomed And Housing Has Peaked

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

It is no surprise to anyone that the Bank of Canada maintained its target overnight rate at 1/2 percent today, judging that the underlying trend in inflation continues to be about 1.5 to 1.7 percent. Even before the landslide sweep of the Liberal Party into power, assuring a more stimulative fiscal policy next year, the Read More

21 Oct 2015

Who is the Bank of Canada?

Posted by: Gerry Puhan

Dominion Lending Centres - Accredited Mortgage Professional

With the Bank of Canada announcement today, have you ever wondered who the Bank of Canada is and what is its role in our economy? The Bank of Canada is the country’s central bank. Its role, as defined in the original Bank of Canada Act of 1934, is “to promote the economic and financial welfare Read More

20 Oct 2015

Stunning Liberal Landslide

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

The stunning Liberal victory across the country puts to rest the spectre of political uncertainty. As the news broke, the Canadian dollar was more resilient than expected. Indeed, by the time the national media predicted a Liberal majority government, the Canadian dollar was recovering from its initial drop, showing that Trudeau was seen by the Read More

20 Oct 2015

This vs That

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

Versus (vs) – as compared to or as one of two choices; in contrast with. At least once a day I get asked, what’s the difference between ‘this’ and ‘that’? With this in mind I put together some content that will hopefully provide some clarity in regards to  a few of the more commonly asked Read More

19 Oct 2015

I’m Voting Today – Are You?

Posted by: Gary Mauris

Dominion Lending Centres - President and CEO

I know you know today is Election Day. How could you not with all the election signs and non-stop commercials! I’m not here to ask you to vote for a specific Party, rather, I just want to encourage you to vote. We live in a GREAT country and we can only make things better when Read More

16 Oct 2015

How To Avoid The 7 Biggest Mistakes Refinance Shoppers Make

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

Whenever interest rates drop or housing values jump, a refinancing frenzy follows. Whether you are looking to trim your mortgage payments, eliminate credit card debt or renovate, experts say you should fully understand all the options available to you before deciding to refinance. Here are some common pitfalls that consumers can avoid when refinancing: 1. Read More

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