Blog by DOINA BIOLAN B.Comm

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Mortgage Testimonial from Cristina and Filaret C.

March 13th, 2016
This is the second time we have used Doina's services. Once again, she went above and beyond to get us the best mortgage rate, she happily answered all our questions, and she was focused on our needs. Her professionalism, attention to detail, kindness, and dedication made the entire process very easy and stress free. We would definitely  recommend her to anyone who is looking for mortgage or ...

Moving towards mortgage freedom

March 1st, 2016
Moving towards mortgage freedom Good news!  It may only take small changes for you to become mortgage free and save thousands of dollars in interest in the process.  In December, Mortgage Professionals Canada released its annual state of the housing market report and found that, on 2015, 36% of homeowners took actions to reduce their mortgage debt. While many homeowners think in terms of lu ...

WHAT CAN AFFECT YOUR CREDIT SCORE

February 2nd, 2016
                          Here's what can effect your credit score Okay, you've worked hard to build up your credit score. You pay all your debts on time, have focused on getting out of debt --maybe even closed a few of those accounts because you don't need them or want them anymore. Then one day you apply for a loan and there are issues. What??? Everyone und ...

Prime rate stays at 2.70

January 21st, 2016
As per Bank of Canada, Prime rate will stay at 2.70 %  for now . 

For variable rate mortgages, the payments will remain the same .

New down payment rule changes- will it affect you ?

January 11th, 2016
New down payment rule change - will it affect you? What a difference a week makes. The new Liberal government is making its voice heard loud and clear with respect to the Canadian housing market and its concerns about an overheated housing market in certain cities in Canada.   By increasing down payment requirements for properties greater than $500,000 the Minister of Finance, Bill Mor ...

Mortgage Testimonial from Crina Vechiu

December 16th, 2015
Doina’s combination of high professionalism and true compassionate people oriented skills made our mortgage renewal experience an extremely easy and refreshing one. From the first moment of our collaboration I knew that we are in the very best hands, and I felt the blessings when she got the really best deal for our new mortgage rate of interest on the market circumstances. She’s truly having ...

Downpayment news for mortgage shoppers

December 15th, 2015
Important News for Mortgage Shoppers The Federal government announced on Friday that the minimum down payment for homes priced over $500,000 will increase. Currently, the minimum down payment for a home is 5% of the purchase  price. Effective February 15, 2016, the down payment will increase to 10% on the portion of the purchase price between $500,000 and $1 million.  For example, a home cos ...

Downpayment requirements for homes over $500,000

December 14th, 2015
Changes to downpayment requirements coming February 2016 Today Finance Minister Bill Morneau announced changes to down payment requirements. Effective February 15, 2016, the minimum down payment for new insured mortgages will increase from five per cent to 10 per cent for the portion of the house price above $500,000. The five per cent minimum down payment for properties up to $500,000 rema ...

Cernat family mortgage testimonial

November 13th, 2015
Doina Biolan..... Un nume , un prieten , un expert ! O adevarata cunoscătoare , mereu atenta , amabila , o persoana de încredere care știe exact ceea ce face . Un om in care poți sa ai mereu încredere , mereu alături de noi !  După ce închei un business cu Doina ieși mereu învingător , mereu convins ca ai făcut un lucru bun . Îți mulțimi Draga Doina pt recentul contract de mortgage ...

Getting behind on your mortgage payments? We can help!

November 3rd, 2015
                          Getting behind on mortgage payments? We can help There are times in our lives when the unexpected happens and we find it difficult to cope financially. It could be a job loss, an unexpected illness, the death of a loved one or separation and divorce. There may be enough money to get by for a few months, but soon many families fin ...

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