D.Y.Design
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You have Questions about your Mortgage don't you? You know how I know that... BECAUSE EVERYONE DOES! My goal is to be a mortgage educator.
I not only want to get you a mortgage but it is important to me that you know what you are signing. If i don't immediately know the answer to your question i will FIND the answer. I am passionate about finding strategies to help you pay down your mortgage faster, consolidate your debt and make your mortgage more accessible by freeing up cash flow. My competitive nature and analytical character ens
06/12/2022
Words of gratitude to Dominique with D.Y.Design for creating our new beautiful logo and teas and bath salts labels ♥️
Dominique is extremely talented, creative and passionate. Needless to say she’s very easy to work with and very fairly priced 💎 Highly Recommend!!!
Check it out - https://dominiqueydesign.wixsite.com/dydesign
24/02/2018
6095 185B Street, Surrey - For Sale Listing Info » Price: $985,000, Type: House/Single Family, Beds: 4, Baths: 2, Year Built: 1990, Parking: , Taxes: 3,552, Subarea: Cloverdale BC, Address: 6095 185B STREET, Surrey
23/02/2018
Dinner Day - Friday!!
This looks amazing - if anyone decides to take it on i'd like an invite ;)
Crispy Asian salmon with stir-fried noodles, pak choi & sugar snap peas Pack your stir-fry with vegetables and top with marinated fish. This recipe cooks enough salmon for lunch the next day
14/02/2018
Happy Valentines
Heart Pizzas - An Easy Homemade Valentines Day Dinner | The Junior These mini heart shaped pizzas are the perfect Valentines Day meal for you to make with your family, fun and so easy to make even the smallest hands will love getting involved….. and of course they taste pretty good too!
12/02/2018
STRESS TEST: What the heck?
For those a little confused about the new stress test - read this quick article. It has great concise information about how the "Stress Test" will affect you.
"The Stress Test is basically a “What if?” scenario. Specifically, what would be the shape of a given buyer’s finances if interest rates were to suddenly spike."
If you think the stress test doesn't affect you because you already have your mortgage so you do not need to re-qualify - think again!
There is a good change your current lender will not offer competitive rates because they may ASSUME that you will be unable to qualify else where.
Five things you need to know about Canada's new mortgage rules Crazy high prices are no longer the only thing keeping prospective buyers in B.C. from jumping into the real estate market or trading up for bigger or better pads.As of Monday, all borrowers will n…
Happy Friday All!! Enjoy the SNOW - I'm planning on making a snow fort you could take a mortgage out on!😉😉
05/11/2017
DONT FORGET TO CHANGE YOUR CLOCKS!
Daylight Savings Time - Fall Back 2017 Time to FALL.. TIMBER
BIG NEWS!
Purchase or refinance now before rules change in January!!
If you’re looking to buy and will have more than 20 percent down, or if you are considering refinancing, then you might want to do so before January 1, 2018. Why? Beginning January 1, 2018, a new 'stress test' will be applied to all new conventional mortgages – The so-called “stress test” is designed to protect homeowners should interest rates rise. Lenders will be obligated to qualify all new conventional mortgages at the greater of the Bank of Canada’s five-year benchmark rate (currently 4.89%) or the contracted rate plus 2%. So if your contract rate is 3.29%, you will be qualified at 5.29%.
Here’s what that might mean for you:
1. You want to buy a home and you have more than 20% down. Your payments will always be based on your contract rate so this new rule isn’t costing you more. However, the new rule might change how much mortgage you qualify for.
2. You want to refinance to pay off debt or buy an investment property. Here too, your actual mortgage payment will not be affected. But the new rule could slow you down by making it more difficult to qualify for your refinance. You may need to wait and accumulate more equity, or look at a lower-rate variable mortgage.
If that refinance is important to securing your own financial health, get in touch ASAP.
3. Your mortgage comes up for renewal next year. If you go shopping for a better deal with a new lender, that will require that you re-qualify… and the new rule will kick in for you too.
Get in touch now – you have the rest of 2017 to get in under the old rules. Going forward, I’m here to work with you early in the process to make sure you are fully prepared for your purchase or refinance. I also have access to non-federally regulated lenders that do not fall under this new guideline. I’m always here to answer your questions, so feel free to call or email at any time!