Happy Tuesday! Lots has been going on in the real estate market over the last couple of weeks. Home sales have been taking off and a record number of housing starts have begun to break ground. There has also been an announcement that lenders will now have to be more clear about the mortgage penalties they charge to their clients. Coming into effect over the next 6 to 12 months, lenders will be required to provide online mortgage penalty calculators, disclose the details of how penalties are calculated and show clients how to pre-pay their mortgages without incurring penalties. At this time, there is no standard for penalty calculations from bank to bank so hopefully that will be the next step.
A reminder that my Birthday Extravaganza will be on Friday, April 13th at the Townhall Public House located at 19640 64th Ave in Langley, from 5pm - 9pm. The tickets are just $20 this year, and you will get a burger and drink. All funds raised are going to the Big Bike Ride for the Heart and Stroke Foundation. Please email me for further details and tickets.
All the best!
Jamie Moi, AMP
Dominion Lending Centres - West Coast Mortgages
Your mortgage consultant for life
604-534-6504
jamiemoi@jamiemoi.com
And don't forget to Like my Facebook page at
www.facebook.com/JamieMoiMortgageTeam.
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