CMHC recently changed its underwriting policy to make mortgage approvals more difficult for buyers, primary first home buyers. In addition to this, the outgoing chairman (chairperson) made [...]
Lender Contact Information (a-z) & Lender COVID Website Bank of Montreal 1-877-895-3278 Website Canadiana 1-877-315-1633 CIBC 1-800-465-2422 Website CMLS Financial 1-888-995-2657 [...]
All About Mortgage Payment Deferrals Q: What Does Payment Deferral Mean? A) You don’t have to pay your mortgage payment. Please note that payment deferrals are on a case-by-case basis and [...]
Federal Support | BC Provincial Support More: In addition to helping homeowners manage their finances through deferred mortgage payments and adjustments, the Canadian [...]
While on top of a mountain mid-hike, I wanted to share information on the current Bond Yield that affects fixed-rate mortgages and that it is dropping.
Banks and credit unions are currently offering $1,500 for you to move your mortgage over to them at renewal. Why do you ask? Because when the next renewal (with them) comes up, you will have to [...]
Use metrics when possible, there are amazing calculators out there to access online or they are creatable on spreadsheets with some learning. If the calculator you require is real estate [...]
Hi friends! Are you using Mint.com for your personal finances? If not, you certainly should be! Check out the video and try out the program, it is free!
Did you complete a mortgage before November 2016? If so and your mortgage is up for renewal in 2020 “before” November, you have access to some pretty awesome rates! Call 604 628 5040 [...]
Are you interested in a mortgage rate special? I just wanted to quickly reach out and share that we are able to access some pretty low mortgage rate specials right now. 5-year fixed rates start [...]
Our market has taken one heck of a u-turn since last winter. September sales were down almost 44% from the same time last year. October sales plunged another 35% from the same time last year but [...]
I am Vancouver realtor & mortgage broker Jessi Johnson and this is your market update for September 2018. Property sales in August were down almost 7% from the same time last year which is [...]
I am Vancouver realtor & mortgage broker Jessi Johnson and this is your market update for August 2018. It was the 5th straight month of 30% decrease in sales. We just had the slowest July in [...]
When buying a home, always research less than your maximum mortgage qualification. Vancouver realtor and mortgage broker, Jessi Johnson shares why.
Now could be a VERY good time to refinance for you! The Bank of Canada has recently raised rates a few times and experts are saying that they expect another 2 rate hikes by the end of the year. [...]
New Mortgage Rules UPDATE: Here are some important things for you to read: 1. New Qualification Rate (As of October 30, 2017) 2. The Stress Test (what we know and what we don’t know) [...]
How’s this for a new perspective… Rather than seeing your debts as a problem, what if they could be an opportunity? With a little knowledge, ingenuity, and discipline you can [...]
Ok, today let’s talk about debt and, more importantly, how to get out of it… Nobody sets out to get deep in debt. It just seems to happen to some people and not to others. Here are 7 [...]
If money’s a bit tight right now, here are six tips for empowering yourself to create a breakthrough: Tip #1: Take responsibility for results – While external forces may have made [...]
Thinking about buying a property any time soon? If so, here are the closing costs to be aware of before you buy, so you don’t have any unwanted surprises. 1. Appraisal Fee – Your lender [...]
Your credit score is the single biggest factor that lenders use in determining your interest rate when you apply for a mortgage. Yet most people don’t even know what a credit score is, let [...]
Have you checked your mailbox yet today? How many credit card offers do you think you received? Each one is a new opportunity to get farther into debt, hand over HUGE interest payments, and never [...]
It’s easy for some people to be pessimistic about retirement. With kids to put through school, a mortgage to pay off, the rising cost of everything and growing credit card debt, many people [...]
OK, today we’re going to talk about how to get SMART with MONEY… If you’re like most people, you spend a lot of time worrying about money. But worry only makes things worse. Here are 4 [...]
OK, today we’re going to talk about how you can change your life by getting comfortable with being uncomfortable… Imagine what would happen if you kept your workouts to the same easy exercises [...]
If you have kids and/or nephews or nieces, today’s video is especially for you… According to MoneySense magazine, experts forecast that the cost of four-year university education in [...]
OK, today we’re going to talk about an unfortunate but common challenge that many homeowners face… You see, when you and your partner get together and jointly buy a house, it’s only [...]
OK, today we’re going to talk about how NOT to be profitable as a real estate investor. Real estate investing can be a great way to build assets and achieve financial security. However, in [...]
As you may know, credit reporting agencies collect all the data on your loans, lines of credit and credit cards to create your credit report and calculate your credit score. This information is [...]
Robert Kiyosaki is an American multi-millionaire investor who made his fortune through something he calls the Cash Flow Quadrant. Have you ever noticed that in today’s economy, while the middle [...]
Buying a foreclosed house can be a great way to save money. However, achieving those savings takes a lot of preparation, and willingness to do some extra work. Here are 5 tips for buying a [...]
OK, today we’re going to talk about 5 ways to be broke even if you’re earning six figures… Sounds impossible, right? How can you earn over $100,000 a year and still not have enough to cover your [...]
Are you considering buying a new home or investment property in the near future? Buying a home is a major investment no matter how you look at it. But for many homebuyers, it’s even more [...]
Have you ever wondered how some people can have big incomes but they still stay stuck in the rat race with little money left over at the end of the month? Yes, chances are they have a spending [...]
OK, today we’re going to talk about the BIG “A” word… AMORTIZATION that is! The length of time it takes you to pay off your entire mortgage is called the amortization. But don’t fall prey to the [...]
We’ve all heard about the wealth accumulation rule called “pay yourself first”. Basically, it involves taking a set amount from your monthly pay and putting it into savings. If you decide to [...]
You may wonder how relevant “billionaire advice” is when you’re working hard just to cover the bills. But the truth is many rich people started out poor, and the financial skills they [...]
OK, let’s talk about rates… Let’s face it, when it comes to getting a mortgage, everyone wants the “lowest rate”. I mean, why not save a few pennies, right? Sure, a low rate is important, but [...]
I’m not a financial advisor, nor am I an expert in investing, but in these turbulent economic times, it’s more important than ever to discuss this important and controversial topic. [...]
Before you consider refinancing your existing mortgage, it’s important for you to determine the break-even point, which represents how soon the cost of the refinance will be recaptured [...]
OK, we’re going to talk about a simple – yet profound – principle that can transform your health and your wealth over time… It’s called the “apple-a-day” principle. Ever tried to read a book all [...]
It’s no coincidence that most wealthy people got rich by owning real estate. After all, real estate is the #1 millionaire-maker in the world! Here are 7 ways to create wealth: 1. Benefit from [...]
Purchasing a house is a big step… Here are 7 factors for choosing the right price: 1. How long you’ll live there – The transaction costs of buying and selling a home are [...]
Let’s face it, debt isn’t a financial problem, it’s a behavior problem. So becoming debt-free takes more than sound financial strategies, it takes a mindset shift that establishes new [...]
Ok, today we’re going to talk about how to keep your kids’ out of debt… The last time I checked, the average student’s debt is currently almost $30,000, and it’ll be even higher by the time your [...]
Have you ever wondered if the way you habitually think is helping or hindering your ability to attract wealth and prosperity? Well, recent studies indicate that we can actually unwittingly [...]
OK, let’s talk about your retirement for a moment… It’s easy to assume there’s an endless list of things standing between you and secure retirement, including volatile stock markets, [...]
Many Canadians find themselves bogged down with a bad credit rating for the wrong reason — illness, losing a job, or simply not understanding consumer credit. Sometimes bad financial [...]
Renovating your home can be an effective way to increase its resale value. But not all renovations are created equal and none are guaranteed to repay 100% of their cost. However, by renovating [...]
With the volatility in today’s markets and the huge number of choices available in equities and mutual funds, it’s almost impossible for us to securely and profitably manage our own investments. [...]
Just when you thought that it couldn’t get worst, it’s about to. The government of Canada is predicted to approve yet more mortgage rules to slow down the market. OSFI (The Office of [...]
April stats show stabilizing real estate market – CTV interviews Vancouver Mortgage Broker Jessi Johnson Andrew Weichel, ctvbc.ca Published Tuesday, May 5, 2009 Housing sales in Greater [...]
Vancouver City Council agrees to consider “thin streets” – News1130 interviews Mortgage Broker Jessi Johnson VANCOUVER (NEWS1130) – A local mortgage broker says Vancouver’s thin [...]
Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests. According to the bank, 16 percent of [...]
Jessi Johnson & Sharad Khare live on stage at the Home + Garden Show 2015 at BC Place talking about buying yours for home. Recorded by Roman @ Dark Edge Media
Cost of mortgages may soon rise, due to CMHC changes – NEWS1130 interviews Vancouver Mortgage Broker Jessi Johnson VANCOUVER (NEWS1130) – The cost of your mortgage might be rising soon, [...]
Chatting With Champions Podcast Interview #3. Tyler Basu and Jessi Johnson “Taking Ownership Of Your Life And Business” Mortgage broker and entrepreneur Jessi Johnson specializes in educating his [...]
Mortgage broker Jessi Johnson may become a reality-TV star by Charlie Smith Jessi Johnson is coming to your living room. Maybe it’s the hair. Or the fact that he can talk intelligently [...]
A team of Vancouver mortgage brokers is giving the industry a PR boost, at the same time helping a community get its financial act together for a new reality show on Oprah’s OWN network. Those [...]
Written for BC Real Estate Convention: www.bcrealestateconvention.com Read the November’s full newsletter here: http://www.bcrealestateconvention.com/html/newsletter/newsletter-118.html The [...]
Written for CMP (Canadian Mortgage Professional Magazine) at www.mortgagebrokernews.ca Read the online version here: http://www.mortgagebrokernews.ca/news/38033/details.aspx Social Media [...]
By Jessi Johnson About three and a half years ago, I obtained my mortgage broker license. It was a good day, but now what do I do? I can ramble on for hours about marketing but none of it means [...]
Riaz from Breakfast Television interviews Vancouver Mortgage Broker Jessi Johnson on the raising interest rates. For more information, listen in….
Georgia Straight, August 18, 2010 By Charlie Smith A Vancouver mortgage broker says some real-estate agents are unaware that the harmonized sales tax does not apply to resale homes. In a phone [...]
A Brave New World: How technology is changing the industry Many mortgage brokers seemingly try to keep on top of a million things at once. Whether it’s answering their BlackBerry, visiting [...]
President of VERICO Jessi Johnson Mortgage Team, has one of the strongest social media presences in the mortgage brokerage industry. Mr. Johnson takes some time to talk to JAC News about the role [...]
BREAKING NEWS… (sort of): The team at Force Four Entertainment were kind enough to invite us back to Oprah’s reality show Million Dollar Neighbourhood for Season 2! The first season proved to be [...]
Vancouver Sun article by Tamara Leigh Getting a mortgage is a rite of passage for the aspiring homeowner. With banks offering record low interest rates and a huge range of competing for mortgage [...]
CMP (Canadian Mortgage Professional) article By Caitlin Nobes Brokers relying on investor clients to shore up the bottom line are now watching as key lender decisions erode that once lucrative [...]
Force Four Entertainment and Oprah Winfrey have given me the go-ahead to finally release more information about the new reality show where my mortgage team plays a big role. The show is called [...]
“Vancouver mortgage broker Jessi Johnson says a mortgage broker can help you with all aspects of a mortgage, from figuring out how much you can truly afford, to determining the best mortgage [...]
ilovemortgagebrokering.com interviews Vancouver mortgage broker Jessi Johnson on how he grew his business and enjoyed early success in a very tough industry. Jessi Johnson, he is the only [...]
The Bank of Montreal has slashed its five-year fixed mortgage rate to 2.99 percent in a move that some real estate experts say will soon force the other major banks to follow suit. BMO said it [...]
VANCOUVER, Sept. 26, 2014,/CNW/ – The mortgage broker from Oprah Winfrey’s Million Dollar Neighbourhood is back in the limelight again with record low interest rates. Today Jessi [...]
The proposal by to rein in to cool foreign influence will pass but it isn’t enough, according to one industry professional. “Do I think it will go through? Yes. I know the government is strongly [...]
Are you curious how the Provincial budget highlights relate to mortgages in Vancouver? Vancouver Mortgage Broker Jessi Johnson shows you. On Tuesday, Feb 16, 2016, the provincial government [...]
When was the last time you reviewed your mortgage and overall debt? Roughly every 12 months or around the time of your mortgage term anniversary, we recommend that you complete an annual mortgage [...]
Fixed or variable, the great debate! Many arguments during after-work drinks are sparked by this question. Choosing a fixed rate in the current market will earn you a record low rate that will be [...]
Watch a live presentation at BC Place with Mortgage Broker Jessi Johnson and host Sharad Khare talking about how “not” to buy your first home. First home buyers, please watch!
I’ve always found it fascinating how some people can win the lottery more than once while others never win their entire lifetime. Our clients essentially win the lottery on a regular basis. [...]
If you are from Vancouver, I guarantee that you have heard someone complaining at a party or over dinner about foreign investors killing the Vancouver market. Foreign investors take a lot of [...]
