Mortgage Minute February 2019

The Mortgage Centre Hometown Financial Has Grown!

Mortgage Centre Owners Julie Brenneman (Woodstock) and Penny Wrightly (Toronto) are pleased to announce the merger of their companies into one larger brokerage called The Mortgage Centre Hometown Financial.

Julie and Penny are expanding into small market Ontario by adding to their team of 8 offices that include over 30 brokers, agents and support staff.  “With a vision to better serve clients in these small markets, we will grow our team and provide training for the unique opportunities that exist in financing products outside of the GTA and other big city markets,” says Brenneman.  “The merger will allow us to better serve our clients by offering more lending options such as an Alternative Financing Division,” she adds.  This Division will focus on unique opportunities for lenders to offer a wide range of lending products to be able to help more people reach their goal of being home owners.

Affordability for millennials might be a political kingmaker

A wide-ranging housing policy that can help ensure improved affordability for young Canadians will most likely win votes from the growing demographic, according to Abacus Data CEO David Coletto.

This is especially crucial in light of the fact that millennials will account for one out of three voters in this year’s elections – a considerably larger proportion than baby boomers, Coletto said.

“There’s a passion and an intensity about this issue with younger people,” the pollster told The Canadian Press.

Home prices have been among the top issues for millennials in surveys conducted over the past few years. Not helping matters is the perception among youngsters that the Liberal government’s policies have actually made it harder for the demographic to attain ownership, Coletto added.

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To-Dos: Your February Home Checklist

February is a time of year to indulge in home comforts like cooking big-batch meals, reading in the afternoon and watching movies with the family. Here are a dozen ideas to add to your to-do list this month, from the necessary (clearing sidewalks of snow and ice, say) to the just-for-fun (treating yourself to weekly flowers).

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