Mortgage Industry Welcomes Federal Budget

Good Afternoon,

Below are the details on today's budget announcement and how it affects the mortgage industry.
As mortgage rates are at 50 year lows many clients in fixed terms presently are receiving large benefits from re-doing there present mortgages at today's low rates.

This morning a family whom purchased a home in the summer time had a fixed rate of 5.25% called me to get their mortgage reviewed and we were able to save them $335 dollars a month on their 400k mortgage. Now the wife can go back to school and upgrade her education comfortably before returning to work from her maternity leave with the additional savings on hand, and a lower mortgage amount at maturity.

If you or someone that you care about needs to review there mortgage to position themselves to save on a monthly basis and pay their mortgage off faster, please call me directly at 604-802-3983 or introduce us over an email at acalla@dominionlending.ca
We look forward to helping you,

Angela Calla, AMP
Mortgage Expert
Host of "The Mortgage Show" on 1410am The Buzz every Saturday at 1pm
DLCBC Mortgage Group Ltd.
Tel: 604-802-3983
Fax: 604-939-8795
Toll Free: 1-888-806-8080
Email: acalla@dominionlending.ca
Web: www.angelacalla.ca

Canada's Mortgage Industry Welcomes Federal Budget Announcements


Earlier today, federal Finance Minister Jim Flaherty tabled the federal budget. Several measures affect Canada's housing and mortgage industry.


Temporary home renovations tax credit of up to $1,350 for eligible home renovations and alterations

Increase in the home buyers RSP plan, withdrawal limit increased to $25,000 from the current $20,000

A new first time home buyers tax credit that will provide up to $750 in tax relief for closing costs

Broad based personal tax reductions including an increase in the personal exemption and increases to the limits for the two lowest tax brackets

CAAMP President and CEO Jim Murphy, AMP was in Ottawa today as part of the pre-budget lock up. To view a copy of CAAMP's Press Release on the budget announcements - click here

For more information on today's federal budget reading - click here











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50 lows for mortgage rates, time to renew your mortgage?

Angela Calla
Dominion Lending Centres


(604) 802-3983
Email Weekly Rate Minder


This edition of Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all - our service is "free".* It's the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)
• Our Best Rates
• Explore Mortgage Scenarios with Helpful Calculators on dominionlending.ca
Terms Posted Rates Our Rates

1 YEAR 5.60% 3.50%
2 YEARS 6.25% 4.29%
3 YEARS 6.25% 3.75%
4 YEARS 6.09% 4.29%
5 YEARS 6.75% 4.39%
7 YEARS 7.20% 5.90%
10 YEARS 7.55% 6.05%
Rates are subject to change without notice. *OAC E&OE

Prime Rate is 3.00%.

Variable rate mortgages from as low as Prime + .80%

Rates are subject to change without notice. Fixed mortgage rates shown in table above and quoted variable mortgage rates are available nationally to qualified individuals. Some conditions may apply. Lower rates may be available in certain regions, or to those with higher credit scores or higher net worth – check with your Dominion Lending Centres Mortgage Expert for full details.

*O.A.C., E.& O.E.

About Dominion Lending Centres

We are Canada's premier online mortgage lender, and one of the fastest growing mortgage companies nationwide!
Our Brokers are Experts in their field and many are ranked amongst the best nationally.
We close loans in all 10 provinces and 3 territories.
We can process your mortgage in as few as 7 days.
We have more than 100 mortgage programs making it easy to choose the best fit for your situation.
We are the preferred mortgage lender for several of Canada's top companies.
Dominion Lending Centres' Mortgage Experts are available anytime, anywhere, evenings and weekends — we'll even come to you!










This message sent by: Angela Calla
2189 Austin Ave Coquitlam, BC V3K 3R9 Canada
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