NDLC Niagara's Mortgage Brokers
49 Lake St L2R5W9 Saint Catharines, ON, Canada

https://www.cbc.ca//canada/bank-of-canada-rate-decision-1.

Hot off the presses, CMHC is tightening up mortgage guidelines effective July 1st. - Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42 - Establish minimum credit score of 680 for at least one borrower... - Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes. Call me for details.

Anything to help Daryl stay in his family home would be great Thanks

Variable rate mortgages and lines of credit are decreasing again by 50 points. This will help the economy for businesss to make payrolls for their employees Any questions about your mortgage please call us 905-401-3717 Stay Safe

If you are looking for updates to Covid 19 DLC has a dedicated website https://dominionlending.ca/covid-19/

Covid 19 silver lining........... Stay home and stay safe with free beer delivery!!!!!!

COVID 19 Here are the Banks Customer Service phone numbers to call if and when you need them to inquire about the available mortgage payment relief programs. Call us first to discuss 905-401-3717 ... AGF Trust 1-866-273-9971 ATB Financial 1-800-332-8383 B2B Bank 1-866-684-5637 BMO 1-877-225-5266 Bridgewater Bank 1-866-243-4301 CIBC 1-888-264-6843 Citi 1-800-667-8424 Canadiana 1-877-315-1633 CFF Bank 1-855-767-3031 CMLS Financial 1-888-995-2657 Connect First 403-736-4000 Desjardins 905-735-3453 Equitable Bank 1-888-334-3313 Effort Trust 1-905-528-8956 First National Financial 1-888-488-0794 First Ontario 1-905-387-0770 Haventree Bank 1-855-272-0051 HSBC 1-888-310-4722 Home Trust 1-855-270-3630 HomEquity Bank 1-866-522-2447 ICICI 1-888-424-2422 Investors Group 1-888-746-6344 Lendwise 1-866-675-7022 Manulife 1-855-518-7546 Marathon Mortgage Corp 1-855-503-6060 MCAP 1-800-265-2624 Meridian Credit Union -1-905-988-1000 Merix 1-877-637-4911 National Bank 1-800-361-9522 Optimum Mortgage 1-866-441-3775 PC Financial 1-888-723-8881 Pen Financial 1-905-688-2044 Scotiabank 1-866-472-6842 Servus 1-877-378-8728 RFA 1-877-416-7873 Radius Financial 1-866-550-8227 RMG 1-866-809-5800 Royal Bank of Canada 1-800-769-2511 TD Canada Trust 1-866-222-3456 Tangerine 1-888-826-4374

This is a great first step to helping Canadians with their mortgage payments. Its better to be proactive with the banks if you are finding it difficult to make your mortgage payment. Call us if you need help with this Stay Healthy !!

Bank of Canada makes emergency interest rate cut. This is to help counteract the impact of the coronavirus. https://www.cbc.ca/news/business/bank-of-canada-1.5497098

Bank of Canada announced a .50% price drop to the overnight lending rate. This should drop your variable rate mortgages and lines of credit. We will wait and see if the banks follow suit Any questions call us today

Great news about the Stress Test being lowered Call us for details

Variable Rate Mortgages and Lines of Credit will remain at the same rate Any questions call us Cheers

Here is a quick recap of the new First Time Home Buyers Incentive (FTHBI) Details on the incentive: 1) Maximum qualifying income must be no more than $120,000 2) Your total borrowing is limited to 4 times your qualifying income (including the incentive)... 3) 5% is offered for first-time home buyers purchase of a re-sale home 4) 5% and 10% for a first-time buyers purchase of a new construction 5) The Incentive is a second mortgage on the title of the property. 6) There are no regular principal payments Call us today with any questions you may have 905-401-3717

Government didnt change your variable rate mortgages Any questions please call us Thanks

The new home buyers incentive Any questions call us today https://www.placetocallhome.ca//first-time-homebuyer-incen

Variable rates are staying the same Maybe next meeting the government will drop ??

Your variable rate mortgages and line of credits will remain unchanged Any questions give us a call Thanks

With the governments stress test implemented more and more people are needing private mortgages. Call us today we can help 905-401-3717

Variable rate mortgages and home equity plan lines of credit have increased. Call us if you have questions

Variable rate mortgage will remain at the same rate. Any questions about variable rate mortgage please call us Cheers

Its nice to see a development move forward in Port

Thank you to all our clients this year and the previous 5 years. Cant believe its been 6 years already as a mortgage broker. Thanks again to all our clients and referral partners for your support. Cheers

Check out our new app for your smartphones https://dlcapp.ca/app/ryan-oconnor Our new app provides you with useful tools to help plan your mortgage. Download it for free ... Let us know what you think Cheers See more

Your variable rate mortgage will increase today by .25% https://business.financialpost.com//boc-rate-hike-means-hi

Rates are going to increase soon.....

So proud of our Daner!

Effective immediately, the Bank of Canada increased the target overnight interest another quarter of a percent to 1.25%; this is the third rate hike since July 2017, and more increases are expected over the coming months. Many lenders have increased their prime lending rates 25 bps to 3.45%. https://www.bankofcanada.ca//01/fad-press-release-2018-01/

Good news your rate on your variable rate mortgage didnt increase!!

Congrats Margie Spence!!!

This looks pretty cool

Winter is coming so just embrace it Ill embrace #4 Cheers

Cant wait for this project to get off the ground. http://www.stcatharinesstandard.ca//public-meeting-on-port

Mortgage Professionals Canada discusses negative impact of new rules on canadian housing market

The Bank of Canada didnt increase the overnight lending rate which means your variable rate mortgages will stay at the same rate.