Archive for June, 2012

New Mortgage Rule changes in Canada and how they will affect you. Finance Minister, Jim Flaherty, has announced the 4th round of mortgage restrictions in 4 years. Starting on July 9, 2012, those with less than 20% equity will no longer be able to: The Government of Canada is stepping in once again and meddling in […]

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I’d like to show you how you can save THOUSANDS off your mortgage, reduce your amortization and PROTECT yourself against rising interest rates. Have you ever considered what will happen to your mortgage payments when we reach normal rates in a few years? I’m not going to tell you to think of all the money […]

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Interesting debate from the Globe & Mail. David Madani, Canadian economist at Capital Economics, and Helmut Pastrick, chief economist for Central Credit Union 1, have been making their arguments and rebuttals. Thanks for joining us for our debate on Canada’s housing market. Are we in a bubble? David Madani and Helmut Pastrick answered your questions, […]

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How is the Vancouver Real Estate Market in 2012 Real estate market activity in the Greater Vancouver area. Mark Fidgett is a Vancouver mortgage broker and the driver behind www.NotaPennyDown.com Your Vancouver Mortgage Broker For Life www.notapennydown.com 604-273-2002 P.S. Who’s the next person you know who wants to save thousands off their mortgage? Be sure […]

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A bit off topic today, more of a personal lesson. We’ve all heard of the saying ‘Mind Over Matter’ Well today I had ‘Grind Over Matter’. As many of you may know, my wife and I do the Grouse Grind in North Vancouver early every Sunday morning. Whether you’re a beginner or a seasoned vet, […]

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Is your banks mortgage advice costing you thousands? Canadian Mortgage and Housing Corporation Mortgage Loan Insurance is typically required by lenders when homebuyers make a down payment of less than 20% of the purchase price. Mortgage loan insurance helps protect lenders against mortgage default, and enables consumers to purchase homes with a minimum down payment of […]

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Here’s the updated info just released regarding the BC First-Time New Home Buyers’ Bonus. The BC First-Time New Home Buyers’ Bonus is a one-time bonus payment worth up to $10,000 for first-time new home buyers in BC. Vancouver lawyer Tony Spagnuolo and Vancouver mortgage broker Mark Fidgett discuss the new guidelines. Click Here for the […]

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I had a chance to re-visit a book today. One that I’ve read several times. It amazes me that no matter how many times I read a book, I always come away with either a new or renewed thought. Today I share a renewed thought… In his best selling book, Think and Grow Rich, Napoleon […]

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