First-Time Home Buyer.By Scott WestlakeJanuary 20, 20220 comments#firsttimehomebuyer #buyingrealestate #homepurchase #SW #TWT #DLC Being on the path to purchasing your first home is one of the most exciting and most rewarding moments in life! While people don’t always dream of the perfect mortgage, we do grow up thinking of a white picket fence and our dream home. Even if you imagined your dream home as ...Read more...
Mortgage Broker News - Housing Affordability Erodes Further With Record-Low SupplyBy Scott WestlakeJanuary 17, 20220 comments#economicupdate #boc #drsherrycooper #SW #TWT #DLC To connect with Scott Westlake, scott@thewestlaketeam.com Housing affordability remains a huge political issue and with the Department of Finance working on the upcoming ...Read more...
Refinancing Your Home.By Scott WestlakeJanuary 11, 20220 comments#mortgagerefinance #refinance #twt #SW #DLC One of the best parts about life is that it is ever-changing. This is one of the reasons that mortgages are available on short-term contracts (such as the standard 5-year) so that you can adjust your mortgage over time to best suit your needs. However, in some cases you cannot wait ...Read more...
Strong December Jobs Report in Canada. Another Strong Jobs Report In DecemberBy Scott WestlakeJanuary 10, 20220 comments#economicupdate #drsherrycooper #mortgagerates #August2021 #SW #TWT #DLC #scottwestlake To connect with Scott Westlake scott@thewestlaketeam.com Article: Statistics Canada released the December Labour Force Survey this morning, reporting employment gains of 54,700 last month–double market expectations. The unemployment rate fell to 5.9% from the 6.0% rate ...Read more...
Welcome to the January issue of my mortgage monthly newsletter!By Scott WestlakeJanuary 4, 20220 comments#monthlymortgagenewsletter #SW #DLC #TWT #2022 Welcome to the January ...Read more...
Find Your Perfect Home Type.By Scott WestlakeDecember 30, 20210 comments#homebuying #buyingahome #SW #TWT #DLC When it comes to finding your perfect home, there are so many more options for potential homeowners! From a single-family dwelling to a townhouse to a modular home, the choices are seemingly endless. But, before you start widening your search, let’s take a look at what makes ...Read more...
Brokers Who Care - Year In Review - 10 Recipients $80,650By Scott WestlakeDecember 21, 20210 comments#givingback #charity #localbusiness #SW #TWT #DLC This past year we made a commitment to support more in need. A combination of charitable organizations and local businesses that our clients, referral sources and team has some form of relationship with. This journey led us to a monthly contribution to a lot of different ...Read more...
Love Where You Live.By Scott WestlakeDecember 21, 20210 comments#lovewhereyoulive #SW #TWT #DLC Canadians genuinely celebrate livability within their neighbourhood when it comes to choosing a property to buy and live in. These are the qualities that give each homeowner the true satisfaction of his/her home. They are generally determined by a delicate balance of available green ...Read more...
Housing Demand Outpaces SupplyBy Scott WestlakeDecember 16, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose 0.6% in November following the whopping 8.6% surge the month ...Read more...
Federal Fiscal Update: Canada Has Weathered The Pandemic Storm Relatively WellBy Scott WestlakeDecember 15, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC Finance Minister Chrystia Freeland extolled the performance of the Canadian economy in response to the extraordinary support provided by the federal fiscal authorities and the Bank ...Read more...
Team Blue Spirit Awards 2021By Scott WestlakeDecember 9, 20210 comments#teamblue #spiritaward #SW #TWT #DLC What a show!! Congratulations to all the winners at the 2021 Team Blue Spirit Awards where we celebrated all things DLC and showed our support for the best in our network! A special shout out to our very own Mortgage Team, The Westlake Team, Dominion Lending Centres taking ...Read more...
Bank of Canada Leaves Expectations For 2022 Rate Hikes IntactBy Scott WestlakeDecember 9, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC The Bank of Canada decided to keep its target for the overnight rate at 0.25%, in line with forecasts and to maintain its forward guidance, which sees a rise in the overnight rate ...Read more...
Another Blockbuster Jobs Report in NovemberBy Scott WestlakeDecember 4, 20210 comments#economicupdate #drsherrycooper #mortgagerates #August2021 #SW #TWT #DLC #scottwestlake Statistics Canada released the November Labour Force Survey this morning, reporting employment gains of 153,700 last month--four times bigger than expectations. The unemployment ...Read more...
Let’s Get House Hunting.By Scott WestlakeDecember 2, 20210 comments#househunting #firsttimebuyer #DLC #TWT #SW Have you ever checked out an open house in the neighbourhood, which you had no intention of buying? Or checking out listings online for your dream home? Of course you have! We’ve all looked at houses for fun, even just to examine the possibilities! In reality though, it can ...Read more...
Canadian Economy Bounced Back Sharply In Q3By Scott WestlakeDecember 1, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC In line with the Bank of Canada's forecast, the economy rebounded sharply in the third quarter following the weak performance in Q2. Stats Canada announced this morning that GDP ...Read more...
Getting Familiar with our Commercial Mortgage SolutionsBy Scott WestlakeNovember 29, 20210 comments#commercialmortgage #dlccommercial #twtcommercial #SW #TWT #DLC At The Westlake Team, Dominion Lending Centres, we have access to a wide range of commercial financing options. From apartment buildings, shopping centres, office buildings and industrial properties, we have you or your clients covered! Our main product line is: CMHC ...Read more...