The latest from the team at Patching Mortgage
Winter Coat Drive
December and January are some of Vancouver’s coldest months. I had just finished helping Realtor Libby Williams collect new and slightly used clothing for the
2012 Christmas Colouring Contest Winner
This December Realtor Kendall Ayres of Sutton Seafair Realty and I hosted our annual Christmas Colouring contest. It was a great seeing the artistic ability
Rich Dad Poor Dad Review
I just finished reading Rich Dad Poor Dad. It was a very inspirational read and emphasizes creative ways people can earn money. I thought I
A Gentleman’s Christmas
This year I had the honor of hosting The Annual Gentleman’s Christmas. On December the 14th, forty of Vancouver’s finest came together at House X
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Looking to get into the Rental game?
So I, like many are stuck wanting to own a home but do not want to live outside of the downtown core or can afford
REALTORS Care Blanket Drive
This year I teamed up with Richmond Realtor Libby Williams to collect Blankets, Jackets, Mits and Toques for the people of Vancouver’s downtown Eastside With help
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My meeting with Dragon’s Den Investor Kevin O’Leary
I had the honor to meet Kevin O’Leary and ask him a few questions about his thoughts on the Mortgage Industry and O’Leary Funds. For
Kevin O’Leary-The Vancouver Mortgage Broker
Kevin O’Leary has stated that he will be starting a Brokerage that specializes and only offers five year fixed term mortgages. His goal is the make
First Time Buyers Bonus
BC First-time new home buyers bonus This is a one time payment worth up to $10,000 for BC residents who are first time home buyers and who
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Monoline Lenders
Monoline Lenders are lending institutions that do not have store fronts such as the 5 bank banks (RBC, TD, Scotia bank) Such Monoline lenders include:
Fixed vs Variable
Variable Rates Variable Rates are based on the Bank of Canada’s Prime Rate which is currently at 3%. The BOC meet quarterly and discuss whether
Projected 5 year Fixed vs Variable rates
Major Banks are predicting that Interest Rates are going to rise which, as a result, will force housing prices to drop. Currently the housing market