Easter Holiday Closures

Posted by Scott Dawson on Apr 2, 2012 in Blog | 0 comments

While I will be available over the long weekend to service clients, Good Friday April 6th and Easter Monday Apr. 9th are bank Holidays and lenders are closed. Realtors, please keep this in mind if you are writing an offer with subjects to financing this week to allow extra time to account for the closures.

Have a great long weekend everyone!

Put Your Tax Refund To Work

Posted by Scott Dawson on Mar 21, 2012 in Blog, Weekly Mortgage Tip | 0 comments

If you are expecting a tax refund this year from Revenue Canada here are some suggestions to how your tax refund can help you own your home sooner.

B.C. First Time New Home Buyers Bonus [Update]

Posted by Scott Dawson on Mar 10, 2012 in Blog, News | 0 comments

Following the announcement of the B.C. First Time New Home Buyers Bonus there has been some confusion on how the bonus will be paid to qualified applicants.

Canadian Mortgage Awards Finalist: Best Internet Presence

Posted by Scott Dawson on Mar 9, 2012 in Blog, News | 0 comments

I’m pleased to announce that Verico Paragon Pacific Mortgages has been chosen as a finalist for this years Canadian Mortgage Awards category for Best Internet Presence. Thank you to all of my clients, co-workers and industry colleagues for nominating me for this award.

Bank of Canada Holds Rates at 1%

Posted by Scott Dawson on Mar 8, 2012 in Blog | 0 comments

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

For mortgage borrowers this means that those in Variable Rate Mortgages will see no change in their rate. There has been no change to the Bank of Canada rate since September 2010.

The next scheduled Bank of Canada date for announcing the overnight rate target is April 17th, 2012.