I’ve been asked repeatedly just exactly how the new government stress test affects borrowing capacity and exactly who is affected by these changes.  From my analysis, 20.3% of my clients may be affected. To keep it really simple, I’ve created two very short videos that show you the answers including: the range of reduced borrowing […]

I hope you’re enjoying this fine start to summer with all kinds of wonderful local events planned for this “special” holiday weekend. Before your weekend starts, I wanted to let you know that fixed mortgage rates are going up and have already gone up as much as 0.25% for some lenders because of rising yields […]

Hi, it’s Mark Alltree, franchise owner of Dominion Lending Centres Innovation Group here in Vancouver. After reading this, please consider reaching out to your Member of Parliament and ask them why they are risking your mortgage affordability and mortgage choice and the opportunity for your children to ever have the pride and the joy of […]

Watch quck video!  Savings, market value and government guidelines are obvious obstacles but in my opinion, one topic that doesn’t get discussed in enough detail is consumer debt payments. First a quick definition: Disposable income, is described as total personal income minus current income taxes. Essentially, your take-home-pay. Here’s a “live” case study. This consumer […]

  Here are answers to some frequently asked questions on the government changes to down payment requirements that take effect today, February 15, 2016. If you recall from my last video, the down payment requirement has increased from five per cent, to ten per cent for the portion of the purchase price above $500,000, but less […]

My #mortgagebroker vs. #bank #mortgage #rate spotlight for this week. For more info

Pre-holiday rate alert on the day of the U.S. Fed announcement. Watch to see how very quietly discounted mortgage rates have been creeping upward with absolutely no media attention. Get your mortgage rate stress tested! Welcome back it’s Mark Alltree, franchise owner of Dominion Lending Centres Innovation Group with a pre-holiday rate alert.  “…not a […]

Down Payment Alert from Mark Alltree on Vimeo.

Canadian fixed rate mortgages may have reached a 10-year low territory.  Of many questions, a few important questions to ask yourself.  How high would rates need to rise for me to experience “rate stress”?  AND, if rates do eventually go up, and I have a variable rate mortgage, when should I lock in my rate […]