Robert Mogensen's Mortgage Newsletter Edition 3 November 2015

Robert Mogensen - Licenced Mortgage Broker

The Mortgage Advantage Financial Services Ltd.

robert@robertmogensen.com
604.802.8193
http://www.robertmogensen.com/

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How are your Debts Performing?

 

How are your Debts Performing?

Robert Mogensen, Mortgage Consultant with The Mortgage Advantage in North Vancouver suggests reviewing your debts is just as important as reviewing your investments.



November 2015 - Foreclosure (Court Ordered Sales) List

 

October 2015 - Burnaby - Attached
October 2015 - Cloverdale - Attached
October 2015 - Cloverdale - Detached
October 2015 - Coquitlam - Attached
October 2015 - Coquitlam - Detached
October 2015 - Langley - Attached
October 2015 - Langley - Detached
October 2015 - Maple Ridge - Attached
October 2015 - Maple Ridge - Detached
October 2015 - Mission - Detached
October 2015 - New Westminster - Attached
October 2015 - North Vancouver - Attached
October 2015 - Port Coquitlam - Attached
October 2015 - Richmond - Attached
October 2015 - Surrey - Attached
October 2015 - Surrey - Detached
October 2015 - Vancouver - Attached
October 2015 - Vancouver - Detached
October 2015 - White Rock - Attached

Inventory levels continue to be low, prices continue to increase and the level of foreclosures available remains steady.



TD Bank client 'devastated' by $17,000 mortgage penalty

 

$17,000 Mortgage Penalty Video

The lowest rate means nothing if you are going to pay a huge penalty to break your mortgage. When you purchase or refinance your home, the total "Cost of your Mortgage" is what really matters. News article below: http://www.cbc.ca/news/canada/edmonton/td-bank-client-devastated-by-17-000-mortgage-penalty-1.2790108



Remembrance Day 2015

 

My father and mother, Leo and Marie did their part during the Second World War.


On Remembrance Day tomorrow, if you cannot remember, please think of what our lives would be without the freedoms our parents, relatives and neighbours fought so hard to preserve.


Lest we forget. - In the First World War, 61,000 Canadians died. In the Second World War, 42,000 Canadians died.  -  Remember

 



New Prime Minster, BOC Rates Steady, Dollar is Down - Now What?

 

Here is Business in Vancouver's take on the recent federal election.

The electorate voted for change, and this is some analysis of the proposed changes according to the Liberal Platform.

The mortgage industry has always adapted to rate changes, how it will affect Real Estate values is undetermined. There is probably some good news for many and less good news for others in these proposed policy changes. 

Here is the link.



Fall Sunset at the Lonsdale Quay in North Vancouver

 

This is why we live in Super Natural British Columbia!



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