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...
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 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...
Choosing Your Mortgage Broker.By Scott WestlakeAugust 10, 20210 comments#mortgagebroker #scottwestlake #SW #dlc #twt There is a little doubt that the biggest purchase of your life will be your home. When embarking on your homeownership journey, having the right support and information will make all the difference. Fortunately, a mortgage broker can help! With access to more than 230 lending institutions ...Read more...
Canada's Jobs Recovery Continued in JulyBy Scott WestlakeAugust 7, 20210 comments#economicupdate #drsherrycooper #mortgagerates #June2021 #SW #TWT #DLC #scottwestlake Canada’s labour market continued its recovery in July as health restrictions were lifted, but the gains were shy of expectations. The report signals the economic rebound is ...Read more...
Monthly Mortgage Newsletter - August 2021By Scott WestlakeAugust 3, 20210 comments#monthlymortgagenewsletter #mortgagenewsletter #SW #TWT #DLC IN THIS ISSUE ...Read more...
Recently Funded - HELOC - Mortgage & Line of CreditBy Scott WestlakeMy PortfolioJuly 27, 20210 comments#portfolio #recentlyfunded #HELOC #lineofcredit #SW #TWT #DLC TWT Recently funded $1.6M HELOC. A HELOC is a home equity line of credit. However, just because we put a HELOC in place doesn't, doesn't mean its all line of credit. In this particular circumstance our client qualified for a total limit of $1,600,000 in lending. ...Read more...
The Slowdown In Canadian Housing Continued in JuneBy Scott WestlakeJuly 16, 20210 comments#housingupdate #marketupdate #economicupdate #mortgaegbroker #SW #TWT #DLC Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 8.4% nationally from May to June 2021, marking the ...Read more...
Bank of Canada 'On the Vanguard' of Unwinding StimulusBy Scott WestlakeJuly 14, 20210 comments#bankofcanada #inflation #Mortgagebroker #SW #TWT #DLC #drsherrycooper Bank of Canada 'On the Vanguard' of Unwinding Stimulus ...Read more...
The Mortgage Financing Process.By Scott WestlakeJuly 14, 20210 comments#homebuyerprocess #FTHB #firstimebuyer #mortgaegbroker #mortgageadvise #SW #TWT #DLC The Mortgage Financing Process. The number one question for any potential homebuyer or someone new to the mortgage process is “what does this process entail?”. The following is a simple outline to give you an idea of the process and help you understand what to expect as ...Read more...
Canada's Jobs Recovery Resumed in June as Lockdown Began to EaseBy Scott WestlakeJuly 12, 20210 comments#economicupdate #drsherrycooper #mortgagerates #June2021 #SW #TWT #DLC #scottwestlake For information on obtaining a mortgage from our mortgage brokerage, contact scott@thewestlaketeam.com Canada's Jobs Recovery Resumed in June ...Read more...