Downsizing Your Home.By Scott WestlakeSeptember 30, 20210 comments#downsizing #mortgageadvise #retirement #SW #TWT #DLC Moving to a larger house is not the only time that things can change with your home and mortgage. Sometimes there comes a point when owning a home becomes a little too much to handle; or maybe you’re an empty-nester and no longer need three extra bedrooms. Whatever the reason, ...Read more...
How Credit Impacts Your Next MortgageBy Scott WestlakeSeptember 28, 20210 comments#fourc #credit #mortgage #SW #TWT #DLC Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether you ...Read more...
First Time Home Buyer Guide Updated!By Scott WestlakeSeptember 22, 20210 comments#firstimehomebuyer #firsttimehomebuyerguide #SW #TWT #DLC We are super happy to inform you that we have updated our First Time Home Buyer Guide. For a copy please email, scott@thewestlaketeam.com In today's competitive market its very important to be an informed buyer and part of that includes surrounding yourself with the right ...Read more...
Annual Inflation In August Rises to 4.1% in Canada--But Are We Close To The Peak?By Scott WestlakeSeptember 16, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC Today's release of the August Consumer Price Index (CPI) for Canada posted another uptick in the year-over-year (y/y) inflation rate, but hidden in the details was some support for ...Read more...
Home Prices Still Rising As Falling Sales Reflect Insufficient SupplyBy Scott WestlakeSeptember 16, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC ...Read more...
Bank of Canada publishes 2022 announcements scheduleBy Scott WestlakeSeptember 14, 20210 comments#boc #rateupdate #twt #dlc #SW Interest Rate Announcements / Monetary Policy Reports ...Read more...
August Employment Report Showed Continuing RecoveryBy Scott WestlakeSeptember 14, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC This morning, Statistics Canada provided us with some much-needed good news on the economic front following last week's surprisingly dismal Q2 GDP report. Canada's labour market ...Read more...
Bank of Canada Responds To Weak Q2 Economy--Holding Policy SteadyBy Scott WestlakeSeptember 9, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC As we await the quarterly economic forecast in next month's Monetary Policy Report, the Bank of Canada acknowledged that the Q2 GDP report, released last week, caught them off-guard. ...Read more...
Monthly Mortgage Newsletter - September 2021By Scott WestlakeSeptember 7, 20210 comments ...Read more...
The Bank of Canada’s Monetary Policy Report and its Impact on You.By Scott WestlakeSeptember 1, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC The Bank of Canada (BoC) released its latest Monetary Policy Report (MPR), and the outlook is optimistic. With the economy re-opening, vaccinations on the rise, and supply chains finding relief from the bottleneck they’ve experienced, the future looks promising. What impact ...Read more...
Housing Dampened Economy in Q2By Scott WestlakeAugust 31, 20210 comments#economicupdate #drsherrycooper #mortgagerates #August2021 #SW #TWT #DLC #scottwestlake For more information on how this article impacts your current or future mortgage needs, contact scott@thewestlaketeam.com This morning's Stats Canada release showed ...Read more...
Working With A Mortgage BrokerBy Scott WestlakeAugust 30, 20210 comments#whyworkwithmortgagebroker #DLC #TWT #SW #firstnational #SW A video from First National on why working with a Mortgage Broker AND with the right Lender can make a significant difference in your life! To connect with a broker from Dominion Lending Centres - TWT email scott@thewestlaketeam.com Read more...
Tournament of HopeBy Scott WestlakeAugust 25, 20210 comments#charitblecontribution #giving #community #SW #scottwestlake #TWT #DLC TWT had a terrific day at The Tournament of Hope supporting Radius Youth & Child Services. This is now back to back Monday's supporting great charitable organizations. The previous Monday we were out supporting the Oakville Hospital Foundation. Each month TWT selects ...Read more...
Annual Inflation Hits 3.7% in Canada--A New Election IssueBy Scott WestlakeAugust 19, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC This morning's Stats Canada release showed that the July CPI surged to a 3.7% year-over-year pace, well above the 3.1% pace recorded in June. This is now the fourth consecutive month ...Read more...
The Slowdown In Canadian Housing Continued in JulyBy Scott WestlakeAugust 17, 20210 comments#marketnews #economist #twt #dlc #drcooper Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 3.5% nationally from June to July 2021--the ...Read more...
The Westlake Team (TWT) Monthly Charitable ContibutionBy Scott WestlakeCharityAugust 13, 20210 comments#charitblecontribution #giving #community #SW #scottwestlake #TWT #DLC Each month, The Westlake Team, TWT makes a donation to an organization thats important or impacted our mortgage brokerage, clients, referral sources or community. This year we have supported, 100 Brokers Who Care, Kerr Street Mission, Zonta, Radius & Oakville Hospital Foundation. ...Read more...