Dr. Sherry Cooper, Chief Economist joins DLC Team of Experts

General Denise Dunkley 25 Feb

On Monday (Feb 23, 2015) DLC announced Dr. Sherry Cooper joined Dominion Lending Centres as our Chief Economist. Within an hour, Dr. Cooper appeared on BNN  with Frances Horodelski to discuss her new role, outlook for the economy, housing market, commodities and more.

She proudly displays her Dominion Lending Lapel pin!

Self-Employed Income

General Denise Dunkley 10 Feb

Are you self-employed whereby your accountant has effectively written-off most/all of your income? Are you having difficulty achieving finance goals as a result?

Help is available: ddunkley@dominionlending.ca

Spring Review

General Denise Dunkley 10 Feb

Have you scheduled your Spring mortgage review today?

Don’t delay! Spring ahead today! www.denisedunkley.ca

Prime Lending Rate Reduced

General Denise Dunkley 29 Jan

Lenders have announced today that effective Feb 1, 2015 they are reducing their prime lending rate to 2.85% (down from 3.00%).

Variable rate mortgages and HELOCS will offer further discounts and be adjusted accordingly.

www.denisedunkley.ca

Lest We Forget

General Denise Dunkley 11 Nov

On November 11, we remember our grandfathers, brothers, mothers, sisters, and neighbours … HEROS. Canada’s Veterans – their courage, service and sacrifices have kept us strong, proud and FREE.

Let us never forget the men that fought for our freedom were only ‘boys’!

Matrimonial Buyouts ~

General Denise Dunkley 21 Oct

About 70,000 Canadian marriages end up in divorce every year. It’s an emotional decision that’s almost impossible to decouple from the financial implications that follow.
 
Financial planners often say divorce is one of the worst decisions you can make, at least from a personal finance point of view. We know that, in general, married couples are wealthier than their single counterparts. Running separate households is always going to cost more than running a single one.
 
But even if splitting is the only option, it doesn’t necessarily mean that you can’t handle the real estate break-up wisely.
 
Timing can be everything: Waiting a few months could result in thousands of dollars in savings. Fees can be reduced if you can control when you have to sell. And, ultimately, if you’re selling on your own terms – rather than in a rush – you’re more likely to yield a better price.

Refinance is an option where one party chooses to keep the matrimonial home and sever joint accounts.

For more information, or to obtain your personal review for viable options contact ddunkley@dominionlending.ca 

New (CASL) Legislation – July 1, 2014

General Denise Dunkley 28 May

*Canadian Anti-Spam Legislation – As of July 1st, 2014 all Canadian businesses will be required to obtain client consent prior to sending any electronic messages.

Electronic Messages Include:

email

instant messages

text messages

electronic correspondence

Dominion Lending is preparing to communicate to subscribers in effort to allow subscribers to click on a link which will serve as confirmation/consent. Dominion Lending is commited to ensuring the public/subscribers are protected adhering to CASL Standards.

Just one more way DLC works for you!

www.denisedunkley.ca

Mortgage Premiums Increasing May 1, 2014

General Denise Dunkley 26 Mar

Canada Mortgage and Housing Corp (CMHC), Genworth Canada, and Canada Guaranty have announced that they will be increasing mortgage insurance premiums effective May 1st, 2014. 

If the application is submitted to the Mortgage Insurer prior to May 1st, 2014, the current (lower) premium will apply regardless of the closing date. The increased premium rates will be effective for new mortgage loan insurance requests submitted on or after May 1st, 2014.

For more information: ddunkley@dominionlending.ca