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Tight market restricts growth for resale

http://www.househunting.ca/calgary/real-estate/Tight+market+restricts+growth+resale/9591425/story.html Resale activity of single-family homes in Calgary last month climbed two per cent over the same time a year earlier, the Calgary Real Estate Board says. Last month, 1,230 homes changed hands, up from 1,207 in February 2013. “Demand growth in the single-family sector has been restricted by the availability of product,” CREB chief […]

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CMHC Raising Insurance Premiums!!

Breaking News: It has been announced Friday CMHC has decided to raise their mortgage insurance premiums. Here are the 4 main Points to Review: 1. The average purchaser with less than a 20% down payment could have an increase in payment of approx.  $5 dollars a month as of May 1st 2014 2. This will […]

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Banking and their Infamous changing rates!!

The Bank of Canada has kept the key interest rate steady and banks have been quietly cutting their rates for fixed and variable mortgage rates. They are also fighting for a shrinking pool of borrowers so it sounds like a great time to renew your mortgage. Yet many Canadians simply sign their mortgage renewal papers. A 2011 Manulife survey found […]

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Residential Market Update!

“At this time every year the perennial question arises, pay down the mortgage or top up the RRSP? Traditionally the answer has been, top up the retirement savings and use the tax refund to make an extra mortgage payment. It is not bad advice but there are those who say, “mortgage first”. They argue that […]

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Westcor Mortgage Celebrates 36 years!

Dominion Lending Centres Westcor Mortgage is celebrating 36 years this year! We want to send out a huge thank you and appreciation to all of our clients and partners for working with us over the years. This past year has been a real test for our city, and our company, as we are still undergoing […]

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Dominion Lending Centres Westcor: Consumer Choice Winner

We’re very pleased to announce that once again, Dominion Lending Centres Westcor Mortgage has won the Consumer Choice Award! We’ve been an established mortgage brokerage since 1977, and we’ve been Consumer Choice Award winners six times now, and very proud of it. Dominion Lending Centers Westcor is recognized as leader in the industry and continues […]

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Westcor Mortgage is under flood repair, but still here to help!

The flood that hit our city in June affected thousands of Calgarians, and we are among that demographic of people too. The Westcor Mortgage office remains closed and under renovation and repair, due to the flood damage we suffered several months ago. But we want to ensure everyone knows that doesn’t mean we are closed; […]

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Flood damage? We’re here to help!

Like many Calgarians, Dominion Lending Centres Westcor’s office was flooded and some of our team member’s homes have suffered water damage as well. We, like all strong Albertans, are picking up the pieces and we hope we can be of help to any of you who also need assistance.   Many of you are now […]

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After the flood: advice for landlords and tenants

Whether you’re a landlord or renting your current home, a lot of questions have come up following the tragic flooding in Alberta recently. The Centre for Public Legal Education Alberta, recently published a report that answers many of the questions you may have right now. Should the tenant keep paying rent? In short, yes. There […]

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Evacuated due to floods? How to receive financial aid

If you were displaced due to flooding, the Government of Alberta is providing pre-loaded debit cards to help with the costs associated of living elsewhere (or suffering damages). “Pre-loaded debit cards are being given to Albertans who can’t return to the place they live. Those who qualify receive $1,250 per adult and $500 per child […]

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Dominion Lending Centres Westcor 114 1212 1st ST. SE, Calgary, Alberta. Phone: 403-228-7800. .