By Tracy Luciani Price Our mortgage business does mostly prime business but we still do a lot of private deals.  And we are always in need of new people who would like to make the jump into private mortgages.  Most of our private lenders came to us because they sold their farm or quota […]

BIG BANKS CAN NO LONGER ‘HIDE’ GREEDThe recent Bank of Canada (BOC) .25% reduction of prime rate was only reluctantly passed on to consumers more than two weeks later AND the big banks ‘Kept’ .10% to themselves TO PAD RECORD PROFITS EVEN FURTHER. Bank ‘prime’ was only reduced from 3.0% to 2.85% instead of 2.75%. […]

ANNOUNCING – THE GREAT 2015 MORTGAGE ‘GIVEAWAY’THERE HAS NOT BEEN A BETTER TIME TO GET A MORTGAGE SINCE WORLD WAR TWO.That’s right folks. Our 5 year fixed rate is as low as 2.79%; Variable rate is now an incredible 2.25%.Imagine, slightly over 12 years ago rates were in the 10 – 12 per cent range. […]

  Last week’s unexpected Bank of Canada’s prime rate reduction is the first since 2008 and puts rates lower than ever before in our lifetimes.  Needless to say, there has never been a better time than now to refinance to pay off high interest consumer debt or to buy a home or an investment property. It appears that our domestic economic […]

Is Financial Stress Making YOU SICK!   By Tracy Luciani Price   After looking after hundreds of clients and their mortgages over the past 15 years we believe there is a direct correlation between financial problems and sickness.   Chronic stress over finances is literally making people sick and it is usually women first.  There is a root cause to many people’s illnesses that a pill, a doctor, a naturopath, […]

WHY YOU SHOULD NEVER GET A MORTGAGE FROM YOUR BANK   By Tracy Luciani   The age old adage is so true, ‘DON’T PUT ALL YOUR EGGS IN ONE BASKET.’  Yet so many homeowners do without realizing the huge risks they are taking, by doing so.   If people thought about it for just a second, it makes no sense to […]

‘DEBT’ (NOT INFIDELITY) NOW THE NUMBER 1 REASON FOR DIVORCE The times are a changin, for sure. It used to be that infidelity was the primary reason for divorce. No longer! Today’s reality of overspending on engagement rings and weddings ensures marital discord. Statistics show that on average the price tag on wedding rings is […]

LIVING PAYCHECK TO PAYCHECK? Well you are not alone. In fact over 30% of Canadians are struggling, big time, according to a Rainy Day Survey by BMO. We see it all the time in our business and suspect that reality is more like 40 to 50 per cent. 27 % have savings that would last […]

WEEK OF OCTOBER ‘10TH/14 ‘MERCURY’ARTICLE DO YOU REMEMBER THIS OLD TV INTRO ? “IT’S A BIRD, IT’S A PLANE…IT’S SUPERMAN!” HI IT’S RON FROM ‘PRICETEAMMORTGAGES.CA’ DOMINION LENDING CENTRES, WOOLWICH STREET WELL, I’M NO SUPERMAN…Chuckle BUT I DO HAVE SOME CRYPTANITE FOR YOU THAT WILL HELP YOU CONQUER THE WAR ON DEBT INTRODUCING OUR ‘DEBTPROOF.CA’ DEBT […]

FREE ‘DEBTPROOF’ SEMINAR – SIMPLY ‘INVALUABLE’   We know your time is precious. It is for all of us. With limited time available, it is imperative that we ‘Priortize’ our use of time to include those activities etc., that are most meaningful to us, and which give us the most value. Your decision to spare […]