Lori Pollice Invis
210-410 Conestoga Road Waterloo, ON, Canada

Will prices go up or down? How about rates? Here are some predictions... but nobody can say for certain what the future holds. Stay focused on your goals and get in touch for expert mortgage advice tailored to your situation.

This is good info for anyone planning to buy their first home.

Wishing all my family, friends and clients good health and happiness this holiday season...

If you need help polishing your score so you can qualify for the best rates, get in touch.

It has been an extraordinary year to say the least. Working from home this year has allowed me to reflect on home like never before. It has been my place of comfort, security and at times peacefulness. Home will be the cornerstone of our upcoming holiday traditions albeit some will look a little different this year. It has truly been an honour and a pleasure to assist my clients in securing their home ownership dreams this past year. I have had the opportunity to work with an incredible group of people. I want to wish everyone a healthy, happy and peaceful holiday season. http://imx7.com/holidayvideo2020/en.asp?a=5JM5J3VBR

The Bank of Canada has announced it is maintaining the benchmark rate, noting that Canada’s economic recovery will continue to require extraordinary monetary policy support. The Bank says it will hold the policy interest rate at the effective lower bound until economic slack is absorbed so that the two per cent inflation target is achieved, which the Bank doesn’t expect to happen until sometime in 2023. The next rate-setting day is January 20th, 2021. The beginning of the new year will be a great time to get in touch for a review of your mortgage strategy. It's important to get advice and a personal assessment of your situation if you want to switch your mortgage for a lower rate, need a new mortgage, are renewing or looking to refinance for debt consolidation, renovations or other large expenditures.

Pandemic causing rise in demand for single family detached homes as well as increase in construction costs.

Don't become a victim of fraud

What's the first thing you should do when you get your mortgage renewal? Get a second opinion! Regardless of how loyal you are to your bank, they still may quote you a non-discounted rate. And even if they offer you a better rate when you question it, is that how you want to be treated? ... It just makes good common sense to get a second opinion so that you can make sure you are getting the best deal possible. At renewal, you can renegotiate everything pertaining to your mortgage with no penalties which means this is an important moment of opportunity. If your renewal is coming up in the next 9 months, get in touch!