Tag Archive for: mortgage excellence

Prime Rate Change

Yesterday at 11am Atlantic Standard Time, the Bank of Canada increased it’s overnight interest rate from .25bps to .50bp. Thus all the banks followed by increasing their prime rate from 2.45% to 2.70%. Except for one key lender who was at 2.60% and has now increased to 2.85%.

As a quick comparison for those who are on variable rates and are thinking of switching to a fixed, the 5 year fixed rate is now between 3.04 -3.24 depending the lender. However remember that your discount to the prime rate will not change over the length of your term. So the people who took a variable at Prime -1% are still sitting quite pretty. Make sure that you do the math before you make any harsh decisions.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Wits End

Some people or situations make you feel like you are at the wits end of your patience. But remember that it all boils down to one simple fact, don’t worry about things that are outside your control. You can’t control what people do or don’t do or the situations around you. What you can control is your response to those people and events. Changing your focus will ultimately change your mood and your results. Give it a try when you feel like you have turned on to Wit’s End.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Trust

I have recently reconnected with a sales trainer that I worked with 20 years ago when I got started in this business. Ari Galper teaches no pressure trust based selling. I have resonated with his approached since I first discovered it. The truth of the matter is that we all like to buy but nobody likes to be sold anything.

While I am mostly a very trusting person, what really wins me over is when someone does what they say and when they say that they will do it. No second guessing or wondering, just solid dependable performance. Under promise and over deliver blows people’s socks off. It’s when you do the opposite that people begin not trusting you.

So what can take a long time to earn and develop can also be shattered in a matter of moments. A referral to me is a transfer of trust from one of my referral partners so I will do what ever I can to make sure they and the clients are well taken care of. What are you doing to build and maintain trust with those around you.

“Whoever is careless with the truth in small matters cannot be trusted with important matters”. Albert Einstein

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here


Excuses Excuses

It’s so easy to say that you are not succeeding in your finances, your health or your relationships because of any number of excuses. But you know who’s not making excuses, the people who are actually succeeding. You either find a way or you find an excuse, it’s that simple.

Just like mortgages, mindsets are either fixed or variable. Fixed mindsets believe that intelligence or talent is fixed, meaning that you either have it or you don’t. Variable or growth mindsets believe that intelligence and talent can be improved with hard work.

The easy way out is always to say that you’re not good at it or you can’t do it. The best way to approach it is to pick yourself up and figure out what wasn’t working and try it a different way.

This also applies to today’s real estate market. Yes it is hyper competitive and there are not a lot of listings on the market. However homes are still coming on the market and people are still becoming successful in buying them. Just because you have failed to get a home in 5 tries does not mean that you will not succeed. Sit down and talk with your agent, see where you came up short in the past and readjust for the future.

Today I am thankful for a snowy walk with my dog this morning, so well needed mobility work before the rest of the family got up and lifting a weight that I had not lifted in a while.

“I attribute my success to this:—I never gave or took an excuse.” – Florence Nightingale

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Health vs Wealth

My wife and I both lost our Mom’s to cancer. My Mom was only 61 when she passed in 2005 from breast cancer and her Mom was only 66 when she passed in 2008 from lung cancer. As a result our kids grew up without knowing what it was like to have their grandmother’s to care for them and teach them things.

Even though they lived pretty comfortable lives, I am fairly certain that they would have given it all up to have more years on this rock. Yet every day people are still sacrificing their health in an effort to build their wealth. What I have learned from this is that we can always make more money yet we can never make more time.

Find your balance. Yes money is important and it’s right up their with oxygen, but without oxygen we can’t breath and can’t survive or work. So this is the reason I start every day with a workout and a quick 20 minute meditation. Then my mind and body is fresh for the physical and mental demands of the day.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Uncertainty

[ uhn-sur-tn-tee ]

noun,pluralun·cer·tain·tiesfor 2.the state of being uncertain; doubt; hesitancy:His uncertainty gave impetus to his inquiry.

There is lots of uncertainty in the world right now. We are uncertain about what will happen next in the Russian / Ukrainian conflict. We are uncertain about what if anything that we can do to stop it or help those effected. We are also uncertain about how this happened in the first place.

However one of the constants in life is change, yet we strive to hold on to some consistency and comfort. This is also why many people still flock to fixed mortgage rates when the variable rate is much much lower. Over the last several weeks it was pretty much a fait accompli that the next bank of Canada meeting in March would result in an interest rate change. Now that’s not so certain.

So the common belief is to instead focus on the things that we can control and roll with the changes for those things that we can’t. Adjust, change and then adapt to what happens around you is the best way to be.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Misinformation

One of the greatest things about the internet age is that information travels widely and freely. However not all of it is accurate or factual. Just because there is some guy screaming to get his point across does not make it right. Check your sources with widely respected preferably peer reviewed if it is of a scientific nature.

The major social medial platforms, which are a great way to connect and share info do a poor job of making sure what is on their platforms is true. There is false or misleading info about political leaders, vaccines, celebrities and military conflicts.

Here are a few tips to help insure that what you are consuming is accurate:

  1. Is the article biased. Check and see other articles on that site all have a certain view point or only have facts supporting a particular viewpoint. If so you may not be getting the full story.
  2. Verify who wrote the article. There should be a link and a bio for the author on the bottom of the page. Make sure they are also referenced by others of similar credentials.
  3. See if the content is verified. In this day and age anyone can post whatever they want, so check to see if others sites reference back to that site and author, or check with your local library or even Wikipedia as it is peer reviewed.
  4. It is a current article. Nothing disappears online so make sure what you are reading is current. Scientific advances happen all the time and are frequently updated with newly discovered information.
  5. Lastly check the source of the information. Make sure it is a reputable website. Look at who publishes the info and see if they are a copyrighted company. Lastly even reputable newspapers have opinion articles, confirm it’s actually factual info rather than someone’s opinion.

Here is a great article from a public policy group about this very topic.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Unauthorized

This morning my wife discovered an unauthorized charge to our credit card from Skip the dishes. After a quick google search it appears that it has happened with them before from other people. The funny thing is that we don’t have an account with them nor have ever used their service. Apparently they do not care at all that this happens to people as their payments are processed through a 3rd party service like Stripe. I know this because I have already contacted their customer service and they are unwilling and or unable to do anything to help me.

After a lengthy call to my credit card provider, they said that they should be willing to help me but only after the pending charge clears and actually debits my account. Until then all I can do it wait. I am thankful that my wife checked the statement this morning, as I normally hardly ever look at the pending or past charges but only look at the balance if there is one. Just so this does not happen to someone else please keep an eye on your credit card accounts and debit accounts for any unusual charges and report them immediately.

If you think that you may be a victim of unauthorized activity to your account please do the following:

  1. Change your passwords immeditley
  2. Notify your bank or credit card issuer immediately
  3. Report any transactions that you didn’t make or approve
  4. Check your credit report for any credit that you didn’t apply for.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Focus

During one of my recent Peloton classes the instructor ( Jess King) played a track called Energy by Disclosure. In that track they had a snippet of a motivational speaker ( Eric Thomas) saying that where your focus goes your energy flows. So if you are in less than an optimal mood and wish you were experiencing better results in your life the put on this track and dance around your house and I guarantee that you will feel better by the time it’s over.

The content of the track is true, that where you focus your energy flows. So start focusing on the results that you want to see happen rather then the things that you don’t want. This is not some woo woo power of attraction stuff cause the universe will not give you what you want unless you actually take action. So dump your stinking thinking and aim towards the target that you want to hit and take massive action to make sure it happens.

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here

Twosday

For those who aren’t aware, today is 2/2/22. Las Vegas officials expect today to be their busiest wedding day ever, topping their last record day of 7/7/07. Sorry that’s all I got today after sleeping poorly with a sore foot last night. Have an excellent day.

For extra fun check this out on Google today. https://g.co/kgs/vG4Y7c

I look forward to hearing from you in regard to your mortgage needs.

Patrick

p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here