Double Whammy: Rate Hike on Jan 17, AFTER New Mortgage Rules?

Marla McAlpine, MBA - Mortgage Agent, Mortgage and Debt Reduction Expert

Healthy Wallet - The Mortgage Centre

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Power of Sale, Foreclosures and Estate Sales

 

Click on the city to see the Power of Sales, Foreclosures and Estate Sales for that area:

Barrie  -  Brampton   -  Burlington

East Gwillimbury  -  Georgina  -  Kawarthas  

Oakville  -  Oshawa  -  Pickering 

Richmond Hill  -  Toronto  -  Uxbridge   

Vaughan  -  Whitby  -  Stouffville



Interest Rates Going Up Again after Jan 1 Mortgage Rules?

 

The Bank of Canada will make an interest rate announcement on Wednesday January 17. Some are guessing they will raise interest rates again, and others say they won't raise rates again so soon.

If they do increase interest rates again, presumably another 0.25%, this will be on the heels of the January 1, 2018 mortgage rule changes which puts more pressure on home buyers.

Buyers wanting a mortgage will now be able to borrow less money than they did in late 2017.

Some say home prices will drop further in the GTA in early 2018 as a result. 

What are your thoughts? Message me or reply to this email with your thoughts.

Continue Article Here...



Stylish Home Decor on a Budget

 

A couple of weeks ago, I met entrepreneur Leroy Lo from Canadian company Peacock Living. He is the creator of customizable stencils called SurfaceMotif.

SurfaceMotif gives you a professional designer look on a budget. It simplifies DIY decorating for walls and paintable surfaces, saving you time, money and frustration. No fussing with rulers and tape! 

It's been such a hit, it was even featured on Cityline and GlobalTV.

Check out this video on Cityline showing SurfaceMotif in action

Want more info and where to buy? Check out the Peacock Living website or contact Leroy at support@peacockliving.com.



Boxer and Chow Chow and Aussie? Oh My!

 

When we adopted our senior dog Sky last year, the Toronto Humane Society listed her breed as Kelpie/Shepherd, which makes sense since she looks like that mix in her photo, right? (Kelpies are often black and tan.)

My hubby and I decided to get a Dog DNA test to find out more.

We swabbed her cheek and sent in the results. They were (drum roll please...)

... A total hodge-podge of breeds! The most predominant four were: Boxer, Chow Chow, Australian Shepherd and American Eskimo.

No matter her breed mix, she is our cutie-pie. Sky makes us laugh and smile with her silly antics. Her breed medley may be the reason she is still going strong at 13.5 years! 



Get $25 in Free Groceries! But There's a Catch...

 

Loblaws is giving out $25 gift cards as an olive branch to customers who were angered by the grocer's admission that it inflated packaged bread prices between 2002 and 2015.

Want a gift card? Go to loblawcard.ca and sign up before May 8, 2018. Loblaws is limiting the number of cards it gives out, but does not say what their cap is.

Participating in the program also requires you to give up a lot of personal information, including your name, date of birth, address and other contact information — mainly because the company needs that in order to mail out the cards.

While data like that is a goldmine to retailers, Loblaws says it will not use the information for marketing purposes.

So, if you are okay giving Loblaws your personal information in exchange to get your gift card, sign up for yours before they are all gone.

Read more about this on CBC.ca here...



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