Rising Interest Rates and new home buyers....feeling the pressure of home buying

"Where ever you are in the home ownership cycle, it's important to remember that your mortgage is probably the largest debt you will ever have, and it's important to take the time to be sure you get the mortgage that's right for you."

To read more click on the link below:
http://www.cbc.ca/cp/Money/YM1619.html

DLC DELTA EQUITES

Rate Up date

1yr Variable @ 2.30%

1yr@ 2.64%

3yr VRM @ prime minus .70%

3yr @ 3.75%

5yr@ 4.09% Pre-approvals available

5yr VRM Prime minus .60%

Prime @ 2.50%

CRA Addresses Tax Free Savings Account Confusion .

There seems to have been some confusion on TFSA rules and regulations.


"Apparently many Canadians treated the program like an ordinary bank account, taking money out and putting it back in, thinking that as long as the account did not exceed $5,000 for the year, they were within the rules.

They were mistaken. While account holders can withdraw funds as they wish, they can not re-invest what they take out until the following year if that pushes total annual contributions above $5,000 in any single year."

To read more click on the link below:

http://www.cbc.ca/cp/Money/TB8806.html

Self Employed Tax deadline June 15th

Just a quick reminder to all Self Employed individuals out there that the tax deadline to file your year end taxes are June 15th. To find out more see the link below:

http://www.cbc.ca/money/story/2010/06/11/con-tax-deadline.html

A different Topic other than Mortgages-WORLD CUP SOCCER 2010 starts in 29 days...but who is counting? not me... ;S

Hello and Welcome.

Thank you for visiting Professional Mortgage Solutions-Vancouver's Best Mortgages!

Today's topic............................WORLD CUP SOCCER!!!!!

I am a huge soccer fan. It is really crazy but I can not say enough of how much I love soccer.... Played soccer for a good portion of my life, although not professionally...AND DEFINITELY NOT A super STAR....LOL :P

World Cup Soccer is being held in Africa. Only 29 days left before their debut.

The group line ups are as follows:

Group A

South Africa
Mexico
Uruguay
France

Group B

Argentina
Nigeria
Korea
Greece

Group C

England
United States
Algeria
Slovenia

Group D

Germany
Australia
Serbia
Ghana

Group E

Netherlans
Denmarks
Japan
Cameroon

Group F

Italy
Paraguay
New Zealand
Slovankia

Group G

BRAZIL......yeah!
Korea
Cote Ivoire
Portugal

Group H

Spain
Switzerland
Honduras
Chile

Fixed Rates on the Run way?..... Or Running away? Have you been pre-approved?

Hello and Welcome to Professional Mortgage Solutions-Vancouver's Best Mortgages!

D.O.B.- Dominion Lending Delta Equites located in Vancouver, BC

We specialize in ALL types of mortgages. Take us to the challenge!
We can do ALL types of mortgage financing.

Triple AAA clients? We CAN do it.
Business for Self/Self employed? We CAN do it.
.
Less than perfect credit? We CAN do it!

DLC- Delta Equities have been doing mortgages since 1972.

Why use us? We have a minimum of 38 yrs of mortgage experience behind us.

We're the Can DO Dominion Lending Delta Equities mortgage professionals.

Call us for Purchases, Renewals, Refinances, Debt Consolidation, Equity Take Out & much, much more. "We are your CAN DO mortgage professionals!"

We have GREAT success in ALL types of mortgage financing.

Call today...for "GREAT service and the MOST competitive rates!"

604-818-2581 and ask for Ellie.

Here are what the bank rates look like for April 26th 2010

Terms of 1yr-4yrs "Bank of Canada Bench Mark" Qualifying rate 6.10%

1 yr @ 2.65%

3 yr @ 3.85%

3 & 5yr @ 1.75** Variable Rate

4yr @ 4.19%

5yr @ 4.34%* 30-day quick close

6yr @ 5.05%

7yr @ 5.25%

10yr @ 5.59%

Bank of Canada Key over night rate decision for April 20 2010

Our Rates
1yr @ 2.49%
3yr @3.85%
4yr @ 4.19%
5yr @ 4.64%
10yr @ 5.34%

5yr 30-day Quick close 4.34%

Bank of Canada has kept the over night rate of .25%. Borrowers can expect an increase of .50 basis points when June comes around.

Please read the link below for more info.
http://www.cbc.ca/money/story/2010/04/20/bank-rate-fixing.html

Rate Up date for March 31st 2010

1yr open @ 6.45%
1yr @ 2.65%
1yr VRM @2.05%
3yr @ 3.70%
3yr VRM @ 1.75%
5yr @ 3.84%
5yr VRM @ 1.75%
Prime @ 2.25%

Call today for GREAT service and the most competitive rates!
Ellie Beaulieu, Amp
604-818-2581