The Bank of Canada Hiked Rates The Full 50 bpsBy Scott WestlakeDecember 7, 20220 comments#bankofcanada #interestrate #boc #variablemortgage #mortgagerates The Governing Council of the Bank of Canada raised its ...Read more...
Welcome to the December issue of my monthly newsletter!By Scott WestlakeDecember 5, 20220 comments#monthlymortgagenewsletter #mortgagenews ...Read more...
Little Comfort for the Bank of Canada in Today's Jobs ReportBy Scott WestlakeDecember 5, 20220 comments#BoC #interestrate #variablerate #bankofcanada #mortgagerate #jobs Today's Labour Force Survey for November will do little ...Read more...
10 “Must Know” Credit Score Facts.By Scott WestlakeNovember 30, 20220 comments#creditreports #credit #creditrating #creditscore If you are in the market for a home or a new car, you are probably very familiar with your credit score. Lenders are one of the primary users of credit scores and it can have a huge impact on whether you get approved for a loan and just how much interest it is going to cost you. What ...Read more...
Commercial Mortgage TeamBy Scott WestlakeNovember 24, 20220 comments#commercialmortgage #commerciallending Commercial Mortgages Commercial projects can range from apartment buildings, shopping centres, office buildings and industrial properties. We have a team of experts to handle all types of loans ranging from construction financing to term loans. While you can get a commercial mortgage ...Read more...
Facts About Using a Guarantor.By Scott WestlakeNovember 23, 20220 comments#guarantor #cosignor #mortgageadvise In the mortgage world, a “guarantor” is someone who guarantees the mortgage on behalf of the mortgage holder in the case that the mortgage holder cannot pay back the loan. Typically, a guarantor is used in a situation where the buyer has damaged or poor credit history ...Read more...
Rate Is Not EverythingBy Scott WestlakeNovember 21, 20220 comments#interestrate #whenhigherrateisbetter When it comes to getting a mortgage, there is a common misperception that a low rate is the most important factor. However, while your rate does matter for your mortgage, it is not the only component to consider. If you’re looking to get a mortgage, these are some other important ...Read more...
Bank of Canada Will Not Be Happy With This Inflation ReportBy Scott WestlakeNovember 16, 20220 comments#inflation #boc #interestrates Not only did the headline CPI inflation rate stall at ...Read more...
Book You Annual Mortgage ReviewBy Scott WestlakeNovember 16, 20220 comments#annualmortgagereview #annualreview #mortgagereview We are now accepting appointments for annual reviews. There are many reasons to book an annual review. anything from a major life event, considering switching from variable to fixed, upcoming mortgage renewal, creditor insurance review, home renovation or build in near future ...Read more...
Teddy Bear DriveBy Scott WestlakeNovember 16, 20220 comments#teddybeardrive #charity Hey everyone! Our team is hosting a “teddy bear drive” for our charity of the month, The Children’s Foundation to help bring joy to families in our communities this holiday season. The Teddy Bear Drive will run from next week through December 4th. If ...Read more...
Apply Now - Available On Canada's #1 Mortgage App/CalculatorBy Scott WestlakeNovember 16, 20220 comments#mortgageapp #mortgagecalculator Our Mortgage App/Calculator has been a fan favourite ever since launched. Our mortgage app is completely free and allows one to have a powerful mortgage calculator available at your fingertips. Up until this past week our application could pre qualify you in under 60 seconds. ...Read more...
Housing Correction Continued In OctoberBy Scott WestlakeNovember 15, 20220 comments#housingcorrection #octoberrealestate Statistics released today by the Canadian Real Estate ...Read more...
Top 50 In Monthly RevenueBy Scott WestlakeNovember 14, 20220 comments#top50revenue #top50 #awards It's been a complicated real estate market over the last 90 - 120 days - which makes coming in the top 50 in monthly revenue out of thousands of Mortgage Brokers a true validation in hard work and a client/referral centric business model. Thanks to everyone that continues to make ...Read more...
So, You Want To Be A Landlord?By Scott WestlakeNovember 11, 20220 comments#landlord #investmentproperty #rentalproperty #investmentproperty So, You Want To Be A Landlord?. Are you dreaming about owning a rental property and making some extra income each month? Before diving into becoming a landlord, there are some things you should know from the advantages and disadvantages to some tips when it comes to buying a rental ...Read more...
Scott Westlake & The Westlake Team Transition To FC Funding!!!By Scott WestlakeNovember 9, 20221 comments#scottwestlake #thewestlaketeam #FCfunding #DLC #DLCG #1 Scott Westlake & The Westlake Team have joined FC Funding, the largest Independently Owned & Operated Franchise under DLCG. This includes; Dominion Lending Centres, Mortgage Centre & Mortgage Architects. FC Funding FC Funding will fund close to $4B ...Read more...
Its Time To Feel Zen About Your MortgageBy Scott WestlakeNovember 9, 20220 comments#brucebuffer #itstime #mortgage Read more...