Skott's Monthly Mortgage Memo - August 2015

Skott Enns - Mortgage Broker

TMG The Mortgage Group

skott.enns@mortgagegroup.com
306.201.6500
http://www.skottenns.com

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Welcome to My First Official Newsletter!

 

Congratulations!! You have successfully received my first new newsletter. Let me start off by saying that you have received this newsletter because of one or more of the following reasons:

• You have come to me for a mortgage or a mortgage pre-approval
• You are probably a rock star
• I had the pleasure of working with you in my previous life at Z99
• You have recently been named one of Regina’s Best Looking Realtors by the Association of Really Good Looking Realtors

Please note that I certainly don’t want to be spamming anyone and you are welcome to unsubscribe at the bottom of this page, but I must warn you in advance, you will be missing out on GOLD...

We will definitely look at mortgage industry related material, but I realize that I am in the small minority of people who thinks this is sexy and interesting, so I promise the focus will not be all about interest rates and payout penalties.

And besides, this is only a monthly newsletter. I can promise you that you will not be bombarded with daily or weekly emails. I know you are too busy for that, and I respect your time.

Hopefully, you’ll give me a couple or a few months to show some value for you in my newsletter. I hope you will find it enlightening and enjoyable...



In Case You Missed It...Prime Rate Lowered To 2.70%

 

For those of you who are currently mortgage clients of mine with a variable rate, you are already aware of this, but The Bank of Canada cut their overnight rate by another .25%.

When this happens, banks in turn will usually reduce their Prime Lending Rate as well, and this will then lower your variable interest rate (or line of credit).

Now although the BoC decreased their interest rate by 0.25%, the banks have only reduced Prime by 0.15%, which is pretty sneaky on their part as they will pocket that additional 0.10% as profit.

Regardless, Prime is now 2.70%, and this means that most variable interest rates are just a little above 2.0%!!



Five Most Expensive Home In Regina & Area

 

150 Hanley Cr, White City
2423 Linner Bay, Regina
33 Lott Road, White City
3627 White Bay, Regina
RM Sherwood

Ahhhhh yes, for as little as $13,400/month and 5% down you could have any of these five houses. Admittedly, none are quite as awesome as the photo above, but, they are still some ridiculously amazing homes! Be sure to check out the full listings on MLS!



Supporting Your Regina Thunder

 

It is going to take a lot more than 0-6 to knock me off the Saskatchewan Roughrider bandwagon, but if we are being honest with ourselves.... it might just not be their year.

Fortunately, we have another football season starting up right around the corner, and I am talking about the CJFL and your Regina Thunder!

This year I am one of the Big Play Sponsors for the Thunder, and that means that every time I complete a mortgage for a client who brings me a 50/50 ticket or program guide from a Thunder home game, I will donate $250 to the team!

Take advantage of the stinky low mortgage rates and support your junior football team at the same time!



Dancing Floyd

 

Floyd gets Folky (Video)

One of our family summer traditions is to head east for the Winnipeg Folk Festival every July. It is four incredible days of camping, eating, and incredible music.

This year Shawna and myself took the twins.... and they loved it! For me, one of the highlights was watching Floyd let loose with his dance moves at the Children's stage... this kid has got rhythm!!!

Click on the "Floyd Gets Folky" link above to watch this 15-month old shake what his mamma gave him!



Best Baked Beans Recipe I Have Ever Made

 

It's summer.

With summer comes BBQ.

With BBQ comes burgers.

And nothing goes better with burgers than baked beans!!

Check this recipe out.... and be sure to let me know what you think!

http://www.tablespoon.com/recipes/beer-and-bacon-baked-beans/59aa501d-6084-4960-826b-a710db884406



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