Canadian Housing Market Very Strong in JulyBy Scott WestlakeAugust 18, 20200 comments#julyhousingupdate #realestatenews #drsherrycooper #scottwestlake #twt #dlc Some great commentary from our Chief Economist Dr. Sherry Cooper. With a very hot housing market in July it is a good reminder of the importance of surrounding yourself with a great team when purchasing a home. The combination of a solid realtor, mortgage broker & lawyer ...Read more...
Navigating COVID-19: Your Mortgage, Financial Effects, Resources + MoreBy Scott WestlakeApril 9, 20200 comments#mortgageadivse #covid19 #mortgagesupport #mortgagesupport #twt #dlc #realestatenews Hey Everyone! We thought we would share our new booklet, which includes everything a Canadian could want to know about Navigating their mortgage during COVID-19. We have cropped the photos to share but can easily send out digital copies via email. Just email scott@thewestlaketeam.com and ...Read more...
Monthly Mortgage Newsletter April 2020By Scott WestlakeApril 8, 20200 comments#twt #twtcapital #dlc #monthlymortgagenewsletter #mortgageadvise #realestatenews Hey Everyone! First and foremost we are hoping everyone is healthy and happy! Secondly, we have launched our April Monthly Mortgage Newsletter. This month we touch on: 1. To defer or not to defer your mortgage payment 2. Lock-in or stay variable ...Read more...
State Of The RateBy Scott WestlakeApril 6, 20200 comments#stateoftherate #mortgagenews #realestatenews #twt #dlc The change, which will take effect April 6, 2020, means borrowers with insured mortgages (typically those with less than 20% equity) will need to prove they can afford monthly mortgage payment based on a rate equal to the weekly median 5-year fixed insured mortgage rate plus ...Read more...
What the Bank of Canada recent rate announcement means to buyersBy Scott WestlakeJanuary 23, 20200 comments#rateannouncement #mortgagebroker #mortgagepreapproval #twt #dlc #thewestlaketeam #mortgagenews #realestatenews The Bank of Canada maintained its target for the overnight rate of 1.75% for the tenth consecutive time. Demand remains robust in Quebec because of their strong labour market and in Ontario and British Columbia population growth is boosting housing demand. With no change ...Read more...
Need an Appraisal - Tips for SuccessBy Scott WestlakeOctober 29, 20190 comments#appraisal #appraisaltips #realestatenews #luxurymortgagebroker #twt #thewestlaketeam #scottwestlake #dlc Do you need to get a current value of your property? Then you are going to need an appraisal. Banks and other lending institutions want to know the “current” market value of your home before they consider loaning money on the property. An appraiser checks the general ...Read more...
The Road To Home Ownership - your complete manual to home financingBy Scott WestlakeOctober 1, 20190 comments#buyermanual #buyingahome #twt #dlc #firsttimebuyer #thewestlaketeam #scottwestlake #realestatenews We just finished our newest manual in digital format to share with our clients and referral sources. The manual includes everything you need to know about buying a home and what we consider from a financing perspective, "your complete manual to home financing." For a copy, just ...Read more...