VERICO The Mortgage Wellness Group
Denise Benninger
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| Canadian home sales edge higher in April May 15, 2012 |
Home sales up 0.8% from March to April. Actual (not seasonally adjusted) activity stood 11.5% above levels in April 2011. The size of the year-over-year increase reflects a slowdown in sales last April following changes to mortgage rules which came into effect on March 18, 2011. |
| Wanted for a Successful Retirement: A Debt-Freedom Plan May 14, 2012 |
This is the first time that Manulife Bank has focused on surveying Canadians about debt in the context of retirement planning. The survey found that half of Canadians - more women (54%) than men (46%) - would find it extremely stressful to reach retirement age with debt still outstanding. |
| Women more likely to be first-time homebuyers in next two years: RBC poll May 14, 2012 |
"We are seeing more single women entering into the housing market, as income levels, changing demographics and lifestyle patterns shift purchasing habits," said Marcia Moffat, head of home equity financing, RBC. "But women are being more cautious than men, weighing cost, affordability and job security before buying a home. |
| Housing starts up from March May 8, 2012 |
“Most of the increase was in the multiples segment. The increase in this segment is partly a reflection of the high level of pre-sales in large multi-unit projects since 2011, which is in line with job gains over the last year,” said Mathieu Laberge, Deputy Chief Economist at CMHC’s Market Analysis Centre. “Looking at single-detached homes, 67,700 such units were started across Canada in April, a rate which is consistent with that of the recent past,” added Laberge. |
| Newcomers list advice as key ingredient in establishing their financial life in Canada: RBC May 2, 2012 |
"Building a new life in a new country is no small feat. Newcomers are faced with a myriad of tasks and decisions to ensure their future success," said Paul Sy, director, Multicultural Markets, RBC. "Among these are important financial decisions and professional advice can be critical to overcoming obstacles and challenges in this area. That's why speaking to a financial advisor, someone who understands the challenges and can provide solutions, is integral to helping newcomers build their lives in Canada." |
News provided by: Canada Mortgage Magazine
About Denise Benninger
Whether you're buying your first home, refinancing to reduce (consolidate) your monthly payments, investing in a vacation home or just looking for a mortgage renewal, I'm here to help you with your mortgage decisions.
The process of selecting a mortgage is very different for each person. Getting to know what items are important to you about your mortgage is extremely important to your goals. Is rate the most important feature for you or are you looking maximum prepayment privileges, lowest penalty options, skip a payment features, online access to your mortgage payments? With over 40 lenders to choose from at Verico, I'll do the footwork to find you the right product at a competitive rate.
Ongoing mortgage advice is part of my service , I look forward to keeping you updated on mortgage market trends and touching base with you during the term of your mortgage. All of this means you can save money and pay off your mortgage faster. If there is a savings opportunity for you, I will be in touch.
Filling in an online application is the first step to your new mortgage. Go ahead and start saving today !
I'm only a phone call away if you have any questions, please call 519-954-8392.
Kitchener Waterloo Mortgages
Purchasing a home in Kitchener Waterloo
Mortgage Renewals,Debt Re-financing,Investment Properties
Thank you for visiting my website.
Sincerely,
Denise Benninger
