Ashley Butt, Mortgage Advisor
5151 George Street, Suite GL02 B3J 1M5 Halifax, NS, Canada

Looking for a real estate market update this fall? Or maybe you’re curious about the campaign promises around housing from the federal election? Well, look no further because we have it all here for you! Watch, listen or read Todd and Clinton's discussion below! https://bddy.me/2Xljwik

'Shocks could be coming from the central banks themselves because they’re tightening more quickly than previously anticipated,' Tobias Adrian, director of the Monetary and Capital Markets Department at the IMF, said in an interview. 'We worry that we could see a sell-off of sizable magnitude, given the level of stretched valuations.' https://financialpost.com//world-at-risk-of-sudden-steep-s

The Nova Scotia Real Estate Commission has updated its policy on open houses, now that Nova Scotia has moved into phase five. More details on their website below. . The Commission recently communicated that open houses would be an example of an activity that required proof of vaccination as it was an event hosted by an organized business that invited members of the public to attend. We have been provided additional clarification from the provincial government and proof of... vaccination is not required for open houses per Nova Scotia's Proof of Full Vaccination Policy as open houses are not held in indoor public spaces. The government also confirmed that masking is not mandatory for private viewings or open houses but they recommend that masks continue to be worn in these environments. It is still important for licensees to have conversations with their clients about COVID-19 safety measures. Clients may request that licensees, consumers, inspectors, etc. who enter their home provide proof of vaccination, wear masks or gloves, sanitize, etc. Licensees must follow the lawful instruction of their clients. https://www.nsrec.ns.ca//item/news-bulletin-october-14-2021

According to RBC’s September aggregate affordability measure, affordability in Q2-2021 has worsened the most over any quarter in more than 30 years. It soared 2.7 percentage points to 45.3% Canada-wide in the second quarter. This was the fourth-straight increase, entirely rolling back the improvement that occurred at the start of the pandemic. https://thoughtleadership.rbc.com/canadian-home-buyers-see-

A pre-approval is like a snapshot in time. Anything that would outdate the photograph could put the application at risk. Here are 5 things to avoid once you’re pre-approved. . You are expected to meet specific requirements while pre-approved for a mortgage. The inability to meet the requirements can cause a lender to revoke the pre-approval until the conditions are met again. https://bddy.me/3FDbT8d

Bonds are up, and we usually see increases to fixed-rates when this happens. If you want to learn more about what impacts mortgage rates, check out our fall/winter 2021 homeownership guide on pages 16-17! Link below. . "A growing number of lenders have been raising interest rates over the past week in response to rising bond yields, including RBC, BMO and National Bank of Canada. "Last week, BMO raised its insured 5-year fixed rate by 20 basis points, bringing it to 2.19%, an...d hiked its uninsured 5-year fixed by 10 bps to 2.39%. It also raised its special-offer 3-year fixed by 10 bps." https://www.canadianmortgagetrends.com//the-latest-in-mor/ . Get your guide here: https://teamclinton.ca/resources/homeownership-guide/

Worried that self-employment might not cut it for a mortgage application? It’s true that the application process can take longer and at times be a little more difficult, but it’s never impossible. We love working with self-employed borrowers so here’s what you need to know about self-employed mortgages! . Self-employed workers often control their own hours, can charge their own rates, and can choose whether or not they will take on certain work. However, you don’t necessaril...y need to own a business to be self-employed. You could be a freelance writer, for example, or a doctor who schedules their own hours at a hospital. Basically, if you have no single boss or obligations to any payer, you are self-employed. #employment #selfemployed #mortgage #homemortgage #mortgagebroker #halifax #novescotia #canada https://bddy.me/3ji3FJd

There is still some uncertainty with the spread of COVID-19 and its variants, but as of now, Canada’s economy is moving in the right direction. . The central bank kept its guidance that economic slack would be absorbed sometime in the second half of 2022, even with the surprise economic contraction in the second quarter and a softer start to the third quarter." https://www.reuters.com/article/canada-cenbank-idUSKBN2G41H6

Got that DIY attitude? Maybe a fixer-upper house is the right project, and investment, for you! . Since today’s housing market is so intense, you might experience a bit of relief if you go after this type of home. Fewer people are interested in fixer-uppers, so there will likely be less competition for you. ... #DIY #houseflip #homerenovations #realestateinvestment https://bddy.me/3mKxMKa

From all of us at Team Clinton, we wish you a safe and warm Thanksgiving holiday.

Any new or aspiring physicians and doctors out there? In this final episode of September's Mortgage 101 show, Todd Veinotte and Clinton discuss the details of a program that helps new physicians get a mortgage while they are in the last two years of residency, or in the first two years of practice. . It’s a minimum of 10 per cent down. Five percent needs to be from your own resources, or gifted. And the other five per cent, believe it or not, can come off of your professio...nal line of credit, which is an unsecured line. So it’s a really great program. And I think it’s a great program because we have a med school here in Halifax. https://bddy.me/3lnN3kH

Feeling inspired for interior design, but expensive art and fancy furniture aren’t really in your budget? Check out these decorating options that will spruce up your space, without breaking the bank. https://bddy.me/3AkZeTv

What are designers predicting for the future of home and interior designs? What are your own predictions? . Among the various outcomes of the past year and a half, the importance of domestic design the way that our interior spaces look, function, adapt and evolve has literally hit home for many. https://nationalpost.com//feathering-the-post-pandemic-nest

We’ve talked about how many Canadians have started moving to Atlantic Canada recently in our Mortgage 101 podcast, but here are some numbers and analyses of this migration trend. https://betterdwelling.com/people-are-fleeing-ontario-fo// . Check out the Mortgage 101 podcast about migration to Nova Scotia and what it means for first-time home buyers: https://teamclinton.ca//migration-and-first-time-home-buy/

Thinking about buying a home this year? There are costs outside of just the down payment that you need to think about. https://bddy.me/3odRUTv #mortgage #mortgagebroker #halifax #advice

In case you missed it last week, Clinton meets up with Ana from CTV Morning Live to talk about Merry Debtmas and managing your finances in 2021! #throwbackthursday https://bddy.me/2KFNd7q

Don’t forget to join @toddveinotte and Clinton this weekend for Mortgage 101 on @News957. This week Todd and Clinton discuss consolidating debt into your mortgage and refinancing your home. Make sure to tune into at 11 o’clock on Sat and Sun. #podcast #radio #mortgage #mortgagebroker #halifax #advice

News alert! Bank of Canada has announced that there will be no change to the key rate. This is great news for those of you in a variable rate mortgage product. #mortgage #mortgagebroker #halifax #inthenews

We have news! Mortgage 101 - Your Guide to Homeownership is back on News 95.7 with Todd Veinotte and Clinton Wilkins in a new one hour podcast format. Tune in this Saturday or Sunday at 11am! #radio #podcast #mortgage #mortgagebroker #halifax #advice

We are so excited to welcome Amanda to the team! https://bddy.me/3iqd3Zs #mortgage #mortgagebroker #halifax #advice #team

Bank of Canada is meeting today. Stay tuned for updates. What will happen to rates this year? Check out our latest post. https://bddy.me/3bTfK4w #mortgage #mortgagebroker #halifax #advice

Curious to know what mortgage financing might look like this year? Check out our thoughts! https://bddy.me/38XuZHF #mortgage #mortgagebroker #halifax #advice

What does 2021 look like for Halifax? https://bddy.me/38h2HaU #mortgage #mortgagebroker #halifax #advice

Debtmas is the time of year where holiday bills start rolling in, and we sit down to plan out our 2021 financial goals. For some people, 2021 might be the right time to buy your first home. For others, rising property values might present the opportunity to refinance your home and consolidate higher-interest debt. https://bddy.me/38dzfTc #newyear #mortgage #mortgagebroker #halifax #advice

No better time to talk about assets! https://www.thechronicleherald.ca//financial-literacy-101/? #mortgage #mortgagebroker #halifax #advice #november #financialliteracy

November is a great time to think about your budget! https://bddy.me/3kywHBW #mortgage #mortgagebroker #halifax #advice #budget #november #financialliteracy

We hope you’re staying safe and enjoying some of the cooler holiday weather in Nova Scotia. As we wrap up with the year, we wanted to give a quick recap of what went on in 2020! https://bddy.me/3muucl5 #mortgage #mortgagebroker #halifax

It is never too late to think about your financial health! https://bddy.me/3ntLGiy #mortgage #mortgagebroker #halifax #advice #november #financialliteracy

Thinking about some renovations over the holiday season? https://bddy.me/2KDRd7N #mortgage #mortgagebroker #halifax #advice #holiday

Welcome to the team Lesa! https://bddy.me/3krle79 #mortgage #mortgagebroker #halifax #advice #team

In case you missed it last week, Clinton meets up with Ana from CTV Morning Live to talk about financial literacy month! #throwbackthursday https://bddy.me/3f4CrT3