9 - Twt - Blog - The Westlake Team

Lock In Mortgage Rates Now - 5 Year Bond Yield Surges!

By Scott WestlakeFebruary 27, 20210 comments

To lock in an interest rate or get pre approved, email scott@thewestlaketeam.com or complete our secure application online https://velocity.newton.ca/sso/public.php?sc=13u98ppz2wdfk - we will get a notification and reach out to connect on next steps! ...Read more...

Longer-Term Yields are Rising Despite Central Bank Inaction

By Scott WestlakeFebruary 24, 20210 comments

#bond #yields #interestrate #mortgagenews #twt #dlc #scottwestlake

For more information on how this information affects your current or future mortgage, please email scott@thewestlaketeam.com While central banks hold overnight rates ...Read more...

Equipment Leasing Now Available!

By Scott WestlakeFebruary 23, 20210 comments

#equipmentleasing #equipmentlease #easylease #twt #DLC #scottwestlake

As a mortgage brokerage always striving to add more value to our clients and referral sources, we are excited to announce our collaboration with Easylease. For more information on equipment leasing or to apply, email: scott@thewestlaketeam.com EasyLease is ...Read more...

Million Dollar Mortgages

By Scott WestlakeFebruary 22, 20210 comments

#milliondollarmortgage #networthlending #businessforself #scottwestlake #twt

There has been a lot of media attention to the increase in real estate value to start 2021, and in turn, more conversations about million dollar mortgages or more specifically, the increase in the average size of mortgage. With limited real estate supply in certain markets ...Read more...

Canadian Home Sales Hit An All-Time Record High in January

By Scott WestlakeFebruary 17, 20210 comments

#marketnews #economist #twt #dlc #drcooper

For more information or to connect with our team to help with your next mortgage --> purchase, refinance, renewal, private, construction etc email scott@thewestlaketeam.com ...Read more...

Mortgage Awards of Excellence

By Scott WestlakeFebruary 16, 20210 comments

#awards #dlc #twt #mortgageawardsofexcellence

On behalf of The Westlake Team, I want to congratulate our Brokerage, Dominion Lending Centres - along with their amazing staff (team) and fellow franchise owners and agents on an award that makes our franchise very proud - National Network of The Year! I keep telling our referral ...Read more...

What Does Canada’s Aging Population Mean for the Real Estate Market?

By Scott WestlakeFebruary 8, 20210 comments

#agingpopulation #realestate #mortgagebroker #mortgageinfo #scottwestlake #twt

I’ve got good news and bad news. The bad news is: we’re not getting any younger. The good news is: we’re not going away anytime soon, either, as life expectancy for Canadians is higher than ever before! At least, I think that’s good news—check ...Read more...

What Are The 6 Most Important Questions To Ask Before A Home Renovation?

By Scott WestlakeFebruary 1, 20210 comments

#homerenovation #homereno #renovationmortgage #mortgaegbroker #scottwestlake #twt

7 Important Questions to Ask Before a Big Home Renovation. So you want to make a major home renovation. Congratulations! Now, you’ve got to find the right contractor for the job. While doing a thorough online search or asking family and friends is an important first step, once ...Read more...

How Much Do You Really Know About Reverse Mortgages?

By Scott WestlakeJanuary 29, 20210 comments

#reversemortgage #nopaymentmortgage #twt #scottwestlake #dlc

How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians 55+ access the equity in their home, tax-free. Maybe you know that tens of thousands of Canadians are using a reverse mortgage as part of their financial plan. But did you ...Read more...

What Will The Real Estate Industry Look Like In 2021?

By Scott WestlakeJanuary 26, 20210 comments

#2021 #marketpredictions #twt #dlc #scottwestlake

What will the real estate industry look like in 2021?. If there is one word that defines life in 2021, that word is change. How much and for how long is uncertain. And while some changes may be temporary, many may be here to stay. How will all of this change impact the real estate ...Read more...

Bank of Canada Still Expects No Rate Increases Until 2023

By Scott WestlakeJanuary 22, 20210 comments

#boc #rateupdate #twt #dlc

The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its “effective lower bound” of 0.25% until 2023 (see chart below). To reinforce this commitment and keep interest rates low across ...Read more...

Residential Construction Financing - Programs Available and How To Apply

Residential Construction Financing - Programs Available & How To Apply

By Scott WestlakeJanuary 20, 20210 comments

#constructionmortgage #constructionfinancing #selfbuild #specbuild #twt #scottwestlake

Construction Mortgage Programs Available Bank Mortgage -Bank mortgages are available for clients looking to build their principal residence. -You need to be able to debt service the mortgage -You will have a fixed draw schedule -Depending on the size and scope of the ...Read more...

A part of the journey

By Scott WestlakeJanuary 8, 20210 comments

#mortgageadvise #mortgagebroker #partofthejourney #twt #scottwestlake #dlc

At The Westlake Team, Dominion Lending Centres - we want to be your trusted advisor through every stage of your home-buying journey. Learn how our team can shop the market, so that you obtain the best mortgage financing options available to you. Pre-Approval, Purchase, Refinance ...Read more...

Why Chose A Mortgage Broker To Work With In 2021!

By Scott WestlakeJanuary 7, 20210 comments

#mortgageproscanada #whyworkwithamortgagebroker #mortgageadvise #mortgagebroker #twt #scottwestlake #dlc

Why Choose a Broker? For many Canadians, the purchase of a home is likely the biggest financial investment decision they will make in their lifetime. To help realize the dream of homeownership, you'll want to work with a professional mortgage broker who will offer sound, professional ...Read more...