Canada Mortgage Insurance

Big Marigold news coming September 4, 2018! Stay informed and be among the first to receive Marigold news by registering at https://liveatmarigold.com/ As an a...dded bonus, register and your name will be entered in a draw to win a two-night stay at Tofino’s world-famous Long Beach Lodge Resort (www.longbeachlodgeresort.com). If you have any questions or are curious about what Marigold offers, you can always stop by the Marigold Presentation Centre, located in Sidney at 2387 Beacon Avenue - open Saturday to Wednesday, 12 noon to 4 pm, or call us at 250 655-0615 or email us at [email protected]

While this visionary community continues to blossom on the Saanich Peninsula, you can explore the aesthetic, finishes, colour schemes, appliances and materials ...that will help make Marigold a sought-after address and a centre of pride for all Central Saanich residents. Stop by and see what Marigold has to offer and register to win a Tofino getaway at world-famous Long Beach Lodge Resort: 2387 Beacon Avenue, Sidney, BC V8L 1W9 Hours: Saturday to Wednesday 12:00 pm 4:00 pm See more

Considering a new home at Marigold? You had better act before mortgage rate increases put your dream out of reach. As mortgages get more expensive, the pre-qu...alification hurdle that some borrowers must pass is also getting higher. But while a new homebuyer may still be able to secure a relatively competitive mortgage rate, the real challenge will be passing the new stress test. The change in the Bank of Canada five-year benchmark rate not only means Canadians will pay more per month for their mortgage, it also means the amount Canadians can qualify for has diminished. If you are considering a new home at Marigold, be sure to act quickly. See more

Marigold is quickly taking shape. Did you know that Tim Hackett, a Marigold project principal, is also the developer and owner of world-famous Long Beach Lodge ...Resort? The Resort has been featured in Architectural Digest and has won Project of the Year for the BC division of the Canadian Home Builders Association. Phase One of Marigold includes a collection of new homes featuring 38 modern condos including six penthouses. REGISTER TODAY at https://goo.gl/FtZtqU and secure your spot for this unique opportunity and be entered to win a Tofino getaway at Long Beach Lodge Resort https://goo.gl/JRTxfj See more

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Rising Home Values Can Boost Your Mortgage Refinance https://www.nerdwallet.com//not-just-higher-interest-rate/

The number of life insurance policies sold in Canada continues to decline, leaving many Canadians and their families vulnerable to financial ruin in the event of a catastrophic event. A recent study from life insurance industry research group Life Insurance and Market Research Association (LIMRA) found that 700,000 individual life insurance policies were sold in Canada in 1993, dropping to 179,000 in 2014. In 1990, the average number of insurance sales was 22.5 per licensed ...life insurance agent in Canada. Then in 2012, that number fell to 7.2 per licensed life insurance agent. LIMRA attributes this decline to the fact that fewer people are looking for life coverage, while advisors are doing more work on the investment side, a situation in Canada that mirrors what’s going on in other countries, like the United States. These numbers are troubling considering the continued acceleration of house prices in Canada and the fact that many individuals and families have the majority of their net worth tied up in their homes which could evaporate without adequate or proper mortgage life insurance in place. The mortgage life insurance costs are competitive and calculating the monthly cost is simple with online calculators and quote systems like those offered by Canada Mortgage Insurance. Canada Mortgage Insurance can save you money on your mortgage insurance premiums - clients save on average 30% to 50%. If you are shopping for mortgage insurance and want to compare our premiums to the ones an average bank would charge, go to Average Bank Rates under Financial Institutions in the savings calculator. http://ow.ly/TLYSk See more

Lenders and financiers are looking closely at the Canadian housing market. High housing prices and a disproportionate percentage or income committed to servicing mortgages has some feeling that an uptick in interest rates or an extended economic slump could jeopardize the market, leading to a crash. However, others are less concerned, citing Canada’s prudent financial management, Canadian’s less likely to borrow against their home’s equity as is done in the U.S., and Canadian... banks’ close relationship with homeowners and borrowers. While it is difficult to protect one’s home from such significant external factors, there are ways to protect your home from unexpected personal or family tragedy. Mortgage life insurance will ensure a death will not lead to your family’s loss of their primary residence and home. Canada Mortgage Insurance can save you money on your mortgage insurance premiums - clients save on average 30% to 50% on their insurance premiums. Try our calculator for your savings. If you are shopping for mortgage insurance and want to compare our premiums to the ones an average bank would charge, go to Average Bank Rates under Financial Institutions in the savings calculator. http://ow.ly/TJLPW http://www.canadamortgageinsurance.com/ #mortgageinsurance #mortgagescanada See more

There are many uncertainties in life, many events can be devastating to an individual and family. Divorce is one such event. Besides tearing a family apart and creating uncertainty and anxiety, the financial impact can be enormous. http://ow.ly/SXamk Death is another terrible reality. The death of a spouse, primary breadwinner, parent can have the same impact as a divorce. Thankfully, we can protect against the latter with mortgage life insurance. http://ow.ly/SXbev

So, you want to purchase a home. How much will it cost you and how do you protect it after purchase? Here a great bit of advice on costing out your purchase http://ow.ly/SX9RW and here is an incredible tool to price out how much your mortgage life insurance will cost: http://www.canadamortgageinsurance.com/