Trish Balaberde Mortgage Consultant
200 - 1505 Harvey Ave V1Y 6G1 Kelowna, BC, Canada

COVID 19 and YOUR MORTGAGE

Bank of Canada lowers the Stress Test Rate for Mortgage Qualification to 5.04%

BANK OF CANADA DROPS PRIME RATE BY 1/2%. Are Mortgage Rates Headed Lower?

Mortgage Stress Test Changes On the Way

New Lower Stress Test Rate for Insured Mortgages coming April 6/2020

See how an RRSP CONTRIBUTION can help you purchase your first home. https://www.kelownahomemortgages.ca/rrsp-home-buyers-plan/

Update January 29: Thanks everyone for your interest. This little guy has been placed with a partner for his ongoing care. Thanks again for all your concern.... No further updates will be provided. Original post: Dog Control is holding a sweet older Yorkie who is big on curious, but, short on teeth. The dog was found wandering with a leash in the downtown core. If you are the owner or know who our new friend belongs to, please contact Dog Control at 250-469-6284. #BCSPCA #Kelowna

Don't get overwhelmed while trying to save for a down payment for your first home! Homeownership is worth the effort! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=3873

Anything from minimum wage to $20 an hour seems to be the range, how much do you pay your babysitter? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=3865

Small increases to your mortgage payment can create considerable savings in interest and help pay off your mortgage years faster! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=3847

What is MORTGAGE PAYMENT SHOCK? Payment Shock is a nasty surprise that many people are not prepared for, simply because no one is telling them about it. Payment Shock occurs when your current low rate mortgage renews with a higher rate, essentially increasing your current payment overnight.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=3847

Finding the perfect home can be hard, but finding the right home and then renovating to make it perfect is usually way easier. Most home purchase transactions only give you 3-4 days to get your mortgage financing in place, and this is not enough time to arrange/plan a renovation with an unprepared team. Being pre-approved early gives you the time to prepare your team to be ready to jump into action when you find your "soon to be perfect" home.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=965

Whether you own your home or are renting, trying to split expenses fairly can be next to impossible. There are some excellent tips in this article, but what are your suggestions to help smooth out roommate issues? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=3655

If the bank tells you that the home you want to buy doesn't pass the new mortgage stress test, there are still things you may want to try. Contact me directly, and I can help you explore these options and keep you on the path towards homeownership. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=1176

Realtors join the fight for change to Federal Mortgage Rules. What is your opinion, do rules need to be loosened to make it easier for Canadians to buy a home, or do as Canadians need to work harder to meet the higher standards of the current requirements? Does big brother know what's best for us?... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=TrishBalaberde&l=3613