Brokers are Better

Great article on why the lowest rate isn’t the best rate! 1.99% for 5 year fixed from HSBC sounds great but is it? https://www.movesmartly.com//beware-the-siren-call-of-hsbc

Happy Mother’s Day!

Wow! I guess we cant complain about the prices of houses in AB! Can you imagine?!? https://toronto.ctvnews.ca//this-tiny-toronto-house-just-s

Unfortunately this is becoming more and more common. Just know if you are in this position there are options for you. Message me to find out more. Thanks!

Great article on why the lowest rate isnt the best rate! 1.99% for 5 year fixed from HSBC sounds great but is it? https://www.movesmartly.com//beware-the-siren-call-of-hsbc

Know what you are committing to when you co-sign - mortgages but also vehicle loans! https://www.mortgageweb.ca/en-US/10545/Blog/4270

Some significant changes coming in very short order from our friends at CMHC. We will see the loss of enhanced debt servicing for clients with strong credit scores, a strong increase in the required minimum credit scores for buyers on a home purchase application and the loss of allowing for non traditional down payments - Flex Down Program. We have talked about the changes regarding minimum credit scores. Some banks have already brought on internal guidelines with respect to ...credit management, this will bring it to a national across the board policy. This is even more reason to ensure that you are pre approved well in advance of home shopping as credit limitations and hiccups can take time to amend. While the other 2 insurers have not announced the changes, we will see over the coming days what policy shifts they may take. Effective July 1, 2020, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance: - Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42; - Establish minimum credit score of 680 for at least one borrower; and - Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes. Contact me if you have any questions. Tanya Norton www.brokersarebetter.ca [email protected] 403-589-0084

Great program being offered right now - 3 months interest free! This is huge given the current economic climate!

Happy Mothers Day!

Stay safe everyone!

True! Contact me and we can make it happen! www.brokersarebetter.ca 403-589-0084

Great resource during these times of uncertainty.

Wow! Prime is now 2.95% Great news for those of you with variable rates and lines of credit! https://www.bnnbloomberg.ca/rbc-scotia-slash-prime-rates-by

Looks like a rate drop is coming . Stay tuned... https://www.canadianmortgagetrends.com//bank-of-canada-i/

New stress test rules effective April 6. A smidge better than they were.... https://www.cbc.ca//business/mortgage-stress-test-1.5467330

March 3 is the deadline to contribute to your RRSPs for 2019. Did you know that you will likely receive a refund if you contribute to RRSPs as they reduce your taxable income? It may even make sense to take out a small loan to purchase RRSPs. Once you receive your refund, you can put it towards the loan or if possible, put it towards 2020 RRSPs. Here is a calculator you can use to find out how much you could potentially receive. https://www.creditfinanceplus.com//calculate-tax-savings-R

Top 5 Reasons People are Declined for Debt Consolidation Loans http://bit.ly/2EB58FJ We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagebroker #okotoks

Five Tips For First-Time Home Buyers http://bit.ly/3aEp2OA We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagebroker #calgary

RBC changes residential mortgage special rates http://bit.ly/2rUGRr9 We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagebroker #canmore

Great advice for first time home buyers! Love number 1 - just because the numbers say you can afford it, doesnt mean you should buy at your max! #housepoor https://www.mymoneycoach.ca//tips-for-buying-a-house-for-f

Canadian mortgage rates will stay low through 2020 http://bit.ly/2M25QzM We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagerefinance #edmonton

Is one of your goals to save money this year? If you are looking to save thousands on interest, contact me today. You could roll your credit card, line of credit or even money you owe parents or friends into one low monthly mortgage payment. It sounds scary but it is relatively simple for homeowners. Message me today to find out more. Tanya www.brokersarebetter.ca 403-589-0084... #mortgagespecialist #brokersarebetter #refinance #consolidate #savemoney

Canadian House Prices Set To Surge In 2020, Forecasts Say http://bit.ly/33CcWB6 We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagepurchase #calgary

If you are planning to purchase a home, your credit score is of the utmost importance. If you need help boosting your score, feel free to message me for help. #mortgagehumour

Sound advice - take the extra second to write 2020. https://www.necn.com//dont-abbreviate-2020-when-s/2213244/

2020 Mortgage Resolutions 1. Increase Your Payment - $25 or $50/month. This goes DIRECTLY against the principal. 2. Switch to Accelerated Bi-Weekly or Weekly Payments - This will shave years off your mortgage, and create a buffer against increases in interest rates.... 3. Make a Lump Sum Payment - The majority of lenders allow between 15-20% principal payment on your mortgage. By doing this every year, you can pay your mortgage off 10-15 years sooner on average. The average client saves over $100,000 in interest by doing this, which would otherwise go to the bank's pocket. 4. Message me for help - I can create a free, customized plan to help you crush your mortgage years sooner. Happy New Year!! 403-589-0084 [email protected]

How Your Cell Phone Can Keep You From Getting the Lowest Mortgage Rate http://bit.ly/2YvEWVT We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagerenewal #okotoks

Here is CMHC's Housing Market Trend Predictions For 2020 http://bit.ly/33kl4Xq We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #TanyaNorton #mortgagerefinance #cochrane

These Homeowners Need a Private Mortgage http://bit.ly/2CIQiM7 We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagepurchase #edmonton

Why You Should Choose Brokers Are Better! http://bit.ly/36sapLm We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagerefinance #calgary

Mortgage Stress Tests Boosted Canada's Financial Stability: CMHC http://bit.ly/34SnKvZ We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagebroker #calgary

Sadly, Toronto Is One Of Canadas Unhappiest Cities http://bit.ly/2MIGRkB We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #TanyaNorton #mortgagepurchase #edmonton

Latest in Mortgage News: New Immigrants Driving Housing Demand http://bit.ly/2r1SkVn We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #firsttimehomebuyer #cochrane

Fixed Rates as low as 2.44% - Merry ChristmasFixed Rates as low as 2.44% - Merry Christmas

A little mortgage broker humour

Whats the Penalty for Breaking a Mortgage and When to Consider It? http://bit.ly/2oQ44JT We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #TanyaNorton #mortgagerenewal #canmore

Latest in Mortgage News: Newton Launches Rate Search Engine Discover http://bit.ly/2OVcTg2 We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagerefinance #calgary

#useanexpert #brokersarebetter #mortgagebroker

Canadian home prices see biggest one-month gain in two years http://bit.ly/2mUCF8D We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #firsttimehomebuyer #cochrane

Tips on How to Pay Off Your Mortgage Faster http://bit.ly/2ZHBiY8 We offer Mortgage Services. Visit us at http://www.brokersarebetter.ca for more information. #BrokersAreBetter #mortgagerenewal #canmore