Tag Archive for: Vancouver Mortgage Broker

The Big Reveal

It’s the moment you have been waiting for, the new hairstyle or outfit, the reno’s are complete or my case today my son’s braces came off. It is all about the big reveal, the before and after pictures, the years of waiting, the big day has finely come. Sometimes transformations can appear to happen instantly so make sure that you appreciate every stage of life. If you don’t pay attention the special days will pass you by.

Today I am thankful for the fact that my son got his braces removed today, that we can now focus on paying for our kids university instead of their orthodontist work and that the big reveal also had an awesome smile.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Counting the days

Big events in your life often have you counting down the days till they happen. It could be a wedding, birth of your first child, graduation or a long awaited trip. For the most part the people I am working with are counting down the days till closing on their new homes. So while you are in the final count down, make sure that you keep a few things in min.

  • Call to switch all the services ( phone, power, water & cable)
  • Book a locksmith to re key all the locks
  • Do the final walk through with your Realtor
  • Have your mover’s ready to go
  • Sign all the documents with the lawyer’s office well in advance
  • Do NOT finance anything between when your mortgage has been approved and you get the keys to your new place.
  • Make sure to get your new home insured
  • Pick up the keys from the lawyer on closing day

Today I am thankful for the mood improving benefits of intense exercise, clients who are excited to close and my daughter who was exhausted from camping all weekend.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Yard Work

One of the most satisfying things about being a homeowner is yard work on a beautiful summer day. There are also quite a few benefits of having a well manicured lawn & garden.

  • Great curb appeal improves the value of your property.
  • An assortment of flowering plants and shrubs provides plenty of pollen for bee’s.
  • Gardening is great exercise
  • We have all spent way too long inside during the pandemic and gardening on a nice day is a great source of vitamin D
  • Gardening is also great stress relief

Today I am thankful for such a beautiful day to get yard work done, my daughter back home after a weekend camping with friends and a good book on a nice summer 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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

In Good Company

There are so many things in life made exponentially better with good company. Fine wine, good food, funny movies, long walks and brutal workouts. It is for that last one that I appreciate my friends who accompanied me for another 50K bike ride today.

I also use this good company approach when clients come to me requesting a private mortgage. While there are many players in the market, the ones I deal with I trust far more than the others. These would be the same ones I would go to if the shoe was on the other foot. Honesty and integrity are paramount when it comes to wanting or needing a private mortgage.

Today I am thankful for the good company on my bike ride this morning, my family who I call religiously every Friday and the most perfect day to explore Cape Breton where my daughter is with her friends.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

High Tech Outage

It is not TGIF if you are a Rogers customer today, or if you were planning to go shopping with your debt or credit card as these payment terminals have also been effected. In this day and age when we all expect things to just work and when they don’t it is like you have gone back into the stone age.

My morning zoom meeting today was cancelled as the other party didn’t have internet, so for some this has become the early start to a weekend. It’s times like this that you should have an emergency stash of cash on hand. We have gotten so used to paying by debit or taping our digital wallet’s on our phones that when things suddenly don’t work we don’t know what to do.

Today I am thankful for my Eastlink internet service and my bell mobile phone service and that my favourite hockey team got to pick first at the NHL draft last night.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Flexibility

Flexibility is the ability to bend easily without breaking or in the case of this post to adapt quickly to a changing environment. The changing environment in this case is the ever changing mortgage market. Just a year ago 5 year fixed mortgage rates were in the low 2% range and now they are above 5%. The variable rate as well has seen some changes too going from 2.3% for prime last year to now sitting at 3.7%.

One of the great things of the fixed mortgages, if you were lucky enough to get one when they were at their generation lowest point is that low payment that you have is set for the length of your term. The downside however is if you need to break your mortgage for whatever reason your new rate will be much higher if you chose to go back with another fixed rate.

Now with gas prices and the prices of other commodities starting to come back down, there is some hope that the sky high inflation that we are now experiencing will be starting to come to an end. If this is the case and rates start to come back down, both fixed and variable, then those who are on variable will have the flexibility to capitalize on those changes.

Today I am thankful for the change of pace that a rainy day brings, corny Dad jokes and mid week long runs.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Fiscal Cliff

The Bank of Canada meets next Wednesday July 13th and it’s widely expected that we will have another rate increase. However the worry is now that the increase will be too large and start to push us into a recessionary environment. Yes still have sky high inflation with the prices of gas and consumer staples still at record levels. However economists are coming out saying that with the recent retreat of the price of oil that other prices will start to recede as well.

So this brings us back to the next potential rate increase. The US federal reserve increased their over night lending rate by 75 basis points just a few weeks ago and since then the expectation has been that the BOC would follow with the same level of rate change. However the hot real estate market has already started to slow down even though we still have a housing shortage. So any over sized rate increase like the Fed did recently will put us that much closer to falling off a fiscal cliff into a recession.

The objective has always been to increase rates enough to allow for a soft landing of the economy. However with CPI figures remaining stubbornly high has forced the BOC and other central banks to be more aggressive in their approach to increasing rates to tackle inflation. This aggressive stance is pushing us ever closer to the edge of a cliff where we fall into a recession.

It’s a balancing act and one false move could be the one that pushes us off the cliff.

Today I am thankful for the rain overnight, my daughter who has cut my hair since the start of the pandemic and active recovery today so training can resume stronger tomorrow.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Set your intensions

Henry Ford famously said that “whether you think you can or think you can’t you’re right”. This boils down to the fact that you get what you think about, positive, negative, good or bad. So set your intentions for your best possible results and make them happen.

Yesterday I talked about it being the perfect day. So as it turns out because I had set positive expectations for the day, great things happened as a result. We all want good things to happen in our lives but many of us don’t know how to turn the switch to improve our moods.

I just finished a great book called “The Happiness Experiment” by Shawn Achor and one of the things he mentioned is just sharing a smile with someone for as little as 7 seconds could have a profound effect on their day. So start with that one simple action, your mood and the other persons will improve dramatically.

Today I am thankful for all the positive results that stem from a positive frame of mind, July which means the Tour de France and meeting new people on my walk with the dog.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Perfect Day

Every once is a while the stars seem to align and everything about your day just falls into place. When those days happen you just want to make a carbon copy of it for the other 364 days. Your renewed sense of optimism presents you with options you never thought of before and allows you to spread your good day to others.

This is the kind of thing I want going viral. Not a virus or cat videos but that sense of contentment and optimism of those really great days. So if you are having one of those perfect days as well, call an old friend, buy the car behind you their meal when you get to the window or go out of your way to just help others today.

Today I am thankful for an amazing run and workout this morning, the power of endorphins to boost your mood and perfect weather on this beautiful summer 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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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

Pink Elephants

Telling yourself or someone else not to think of a particular thing like pink elephants, chocolate cake or that big presentation with the board on Tuesday will guarantee that will be all you are able to think of. Obsessing about something in particular especially if it is a current problem or challenge will just guarantee that you will not be able to solve it.

More answers will come to you when you are relaxed and at ease than when you are stressed out thinking about something. So step away from your current issue and go for a walk or a run and clear you head. Once relaxed and at ease the answers you were stressing about will come to you. For me this is the amazing power of exercise. It is pretty hard to think about what is bothering you when you are lifting an olympic barbel or trying to set a new PR on your run.

Today I am thankful for the restorative power of a good long run, the sounds of birds while reading on my back deck and the unconditional love and loyally of my dog.

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 Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

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