VIP Club - Mortgage Minute July 2019

Aleem Peermohamed - Senior Mortgage Planner

Paragon Mortgage Group

aleem@themortgagespecialist.com
778-233-2377
http://www.themortgagespecialist.com/

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July Foreclosures

 

July 2019 Abbotsford Attached
July 2019 Abbotsford Detached
July 2019 Burnaby Attached
July 2019 Burnaby Detached
July 2019 Chilliwack Attached
July 2019 Chilliwack Detached
July 2019 Commercial
July 2019 Coquitlam Attached
July 2019 Coquitlam Detached
July 2019 Land
July 2019 Langley Attached
July 2019 Langley Detached
July 2019 Maple Ridge Attached
July 2019 Maple Ridge Detached
July 2019 Mission Detached
July 2019 Multifamily
July 2019 New Westminster Attached
July 2019 New Westminster Detached
July 2019 North Vancouver Detached
July 2019 Pitt Meadows Detached
July 2019 Port Coquitlam Attached
July 2019 Port Coquitlam Detached
July 2019 Richmond Attached
July 2019 Richmond Detached
July 2019 Squamish Detached
July 2019 Surrey Attached
July 2019 Surrey Detached
July 2019 Vancouver Attached
July 2019 Vancouver Detached
July 2019 West Vancouver Attached
July 2019 West Vancouver Detached

Some good deals to be had.  Buying a foreclosure property is NOT easy nor simple so make sure you have an experienced professional to help you.  Call me or message me if you need a referral or two.

Have particular questions or need details? Schedule a call with Aleem to find out more or if you have any questions 



The Bank of Canada Qualifying Rate Decreases (5.34% ---> 5.19%)

 

The Bank of Canada qualifying rate (benchmark rate) will be decreasing on Monday July 22, 2019 from 5.34% to 5.19%.

There have been articles and mentions of this in the news. To put things into perspective:

If you ever wanted to upgrade from a 500 square foot condo to a 505 square foot condo, now is the time to do it.



15 Brilliant Ways To Keep Your Home Cool Without Air Conditioning

 

In warmer months, it's tempting to crank the AC or plant yourself in front of the nearest fan. But these aren't the only tricks to keeping cool. It turns out there are plenty of ways to buffer your home from the heat without racking up your electric bill. And they’ll make you feel like a DIY champ, too.

Keep your cool, and…

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What Aleem Will look like when he's older

 

The craze on social media this month has been the Face App, that shows you what you will look like when you're older. This is me, 30 years from now, Seems pretty realistic!



Renewing your mortgage? Doing your homework could save you thousands of dollars

 

Refinancing your mortgage has become a lot more complicated and expensive, but experts say there are things you can do to save yourself some pain.

A surge in mortgage renewals, rising interest rates and new stress testing rules will are conspiring to make refinancing your mortgage more complicated and more expensive.

Although a majority of Canadians renew with their existing lender, it’s still important to check out your options.

“If you can save yourself 30, 40, 50 basis points, it’s going to save you thousands of dollars over the next five-year term,”

Continue Article Here...



Hotel Vancouver - Hotel 1 vs Hotel 2 vs Hotel 3

 

If you ever walked through Hotel Vancouver, you will notice pictures of Hotel Vancouver 1, Hotel Vancouver 2 and the current Hotel Vancouver 3. 

When looking at pictures of hotel 2, something always seems odd but you wouldn't think much of it. 

Well it turns out, Hotel Vancouver 2 and Hotel Vancouver 3 were built at different locations. 

Hotel 1: Granville and West Georgia

Hotel 2: Granville and West Georgia 

Hotel 3: Burrard and West Georgia

Click Here for a cool blog post on Hotel Vancouver!



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