Blog

See Ya 2018

See Ya 2018

20 December 2018
Good Bye 2018, see you again. Never! Well, that sounded rather sassy. A year in reflection. My first thoughts of, "hey how was your year?"  Meh! Challenging. Stressful. But was it actually? Upon further investigation, I realized that the challenges brought me...
Mortgage Repayment(s) – The Perfect Holiday Gift

Mortgage Repayment(s) – The Perfect Holiday Gift

5 December 2018
Written by DLC agent Ryan Oake Do you know what kind of prepayment privileges you currently have with your mortgage? Does your current lender allow you to make a 10% prepayment or a 20% prepayment on your principle amount? Can...
Back By Popular Demand

Back By Popular Demand

22 November 2018
Have you ever put off doing something so long that it became embarrassing, but you had to jump in and do it anyway? That's how I felt about writing this months newsletter, embarrassed because it has been so long. Sure,...
Bank of Canada Increase, What does it mean to you

Bank Of Canada Increase, What Does It Mean For You?

17 July 2018
Yesterday, the Bank of Canada increased the overnight lending rate by .25%. What does this mean to you? If you have a line of credit or a variable or adjustable rate mortgage you will see an increase in your payment...
Why Choose An Accelerated Payment

Why Choose An Accelerated Payment?

21 June 2018
Accelerated payments are payments that increase slightly to allow you to pay down your mortgage faster. There are two common types of accelerated payments: bi-weekly and weekly. Of the two options, bi-weekly accelerated is the most common choice because it...
Are we Mom broke or actually broke

Are we Mom broke or “actually” broke?

17 May 2018
It's SPRING!!!! I am so happy! To me, there is nothing better than the sun on your face, the grass between your toes and the company of good friends and family. I love spring! This spring has been off to...
I keep a box at the backdoor

I keep a box at the backdoor

19 April 2018
Spring is in the air!  It is Spring, isn’t it? April has always been somewhat of a ‘bipolar’ month.  One minute glorious or warm, and the next minute freezing rain, snow and cold.  When it’s not going back and forth...
Spring Market Madness

Spring Market Madness?

22 March 2018
If you are a realtor in Ottawa and you are working with clients that are purchasing a home under $450,000.00 it will seem like madness. Due to the qualifying changes, we have seen a surge in multiple offers for homes...
What’s going on with interest rates and how high will they go

What’s going on with interest rates and how high will they go?

15 February 2018
Happy February! One of the issues that seem to be front and centre right now is interest rates, where are they going? How high can they go? Will we see a return of the 1980’s interest rates? Most importantly, am...
Bank of Canada Increase, What does it mean to you

Bank of Canada Increase, What does it mean to you?

22 January 2018
Once again with Bank of Canada has raised it’s overnight lending rate and Benchmark. Benchmark* is now 5.14% (This is the rate used to qualify for a mortgage) Prime is currently 3.45%. If you are nervous, now is the time...