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Proven Strategies To Lower Your Interest Rate.

Lowering your interest rate can save you money over the life of a loan or credit card. Here are some proven strategies to help you accomplish that: By implementing these strategies, you can potentially lower your interest rate and save money in the long run. Don’t forget to check with your DLC Mortgage Expert also […]

Understanding Mortgage Rate Holds in Canada

In the competitive world of mortgage lending, one important tool that borrowers in Canada can utilize is the mortgage rate hold. A rate hold allows borrowers to secure a specific interest rate for a set period, typically ranging from 30 to 120 days, while they shop for a home or finalize their mortgage application. This […]

Alternative Lending: Managing Mortgage Affordability.

If you’re seeking a mortgage, but your application doesn’t fit into the box of the big traditional institutions, you’ll find yourself in what’s commonly referred to in the industry as the “Alternative-A” or “B” lending space. These lenders come in three classifications: Managing mortgage affordability in the alternative lending landscape requires careful consideration of several […]

Understanding Mortgage Protection Insurance (MPP) with Manulife: Your Key to Financial Security

In the realm of homeownership, the journey towards securing your dream home involves a myriad of decisions and considerations. One crucial aspect that often gets overlooked is protecting your investment and loved ones in the event of unforeseen circumstances. This is where Mortgage Protection Insurance (MPP) steps in as a valuable safeguard, providing peace of […]

What is a Home Equity Line of Credit (HELOC) and How Does it Work?

In the realm of financial tools for homeowners, a Home Equity Line of Credit (HELOC) stands out as a versatile and valuable resource. Understanding HELOCs empowers homeowners to make informed decisions about their finances. Benefits of HELOC Considerations Before Getting a HELOC A HELOC can be a valuable financial tool for homeowners, offering flexibility, lower […]

Demystifying Mortgage Terms: A List of Mortgage Terms Every Homebuyer Should Know!

Purchasing a home in Canada can be both exciting and overwhelming! Navigating through the labyrinth of mortgage terminology can often feel like deciphering a foreign language. However, fear not! In this guide, we’ll demystify some of the most important mortgage terms and help empowering every homebuyer with the knowledge they need to make informed decisions. […]

Bank of Canada Holds Rates Steady for Sixth Consecutive Meeting

The Bank of Canada Cautious, but a Rate Cut in June is Possible Today, the Bank of Canada held the overnight rate at 5% for the sixth consecutive meeting and pledged to continue normalizing its balance sheet. Governor Macklem confirmed that inflation is moving in the right direction, labour markets are easing, and wage pressures […]

5 Tips to Manage Financial Stress

With the continued rise of inflation, interest rates and the overall cost of living, the uncertainty can be unnerving for many individuals. But don’t fret! We have some tips and suggestions to help you manage your financial stress and help you to power through these latest economic changes: Regardless of where you find yourself financially, […]

Tapping into Your Home’s Equity with the CHIP Reverse Mortgage

Curious about the CHIP Reverse Mortgage by HomeEquity Bank? If you’re a Canadian aged 55 or older, this financial solution could hold the key to tapping into your largest asset, your home. It’s a unique opportunity that allows you to use your home equity for various purposes, from paying off debts to funding home renovations […]

Tips to Improve Your Credit Score

One of the important factors in home ownership is understanding things like your credit score. Some people don’t pay much attention to this metric until they begin the mortgage discussion! However, you will find that your credit score is one of the most important factors when it comes to qualifying for a mortgage at the […]

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“Charlene responds back to you quickly. Very accurate and easy to understand. Works hard to get you the best rates! Very happy”

Laura Flaven, Fort McMurray, Alberta