by Dustan Woodhouse | Aug 21, 2021 | Uncategorized
We shall go no further than this final post on this theme. The point is made. Over the past three posts we’ve looked at (increasingly) extreme rising interest rate scenarios through the lens of household mortgage payment. Specifically, what happens to the average...
by Dustan Woodhouse | Aug 14, 2021 | Uncategorized
Welcome to part 3 in an escalating series of ‘what if’s’. Please Note; I’m personally skeptical we will see any significant interest rate hikes over the next five years. (significant being more than 1% – 2%). And given that borrowers were/are qualified at a...
by Dustan Woodhouse | Aug 6, 2021 | Uncategorized
What If Interest Rates Triple? Rather than make noise about how ‘rates can only go up’ – which is a ridiculous statement. Rates can go any one of 3 ways at any time; up, down, or flat. And when they do move, it is typically in small increments. Although I guarantee...
by Dustan Woodhouse | Jul 24, 2021 | Uncategorized
Every year, since always it seems, there are headlines warning us about interest rates. Interest rates about to rise. ‘Prepare For Interest Rate Shock’, being one of my local favourites, as the Bank Of Canada proceed to cut rates 0.25% the very next day. The main...
by Dustan Woodhouse | Jul 17, 2021 | Uncategorized
Winter Is Coming! Meh, really? Seriously, why is this a constant refrain in one form or another? I attended a five day event in January 2017, and the host (who is ‘not my guru’) repeated this like a chant, over and over and over each and every day. I’d also noticed a...
by Dustan Woodhouse | Jul 10, 2021 | Uncategorized
If you’re a Realtor, Broker, property buyer or seller this matters. There’s a lot happening these days, good things, bad things, and things that fall under ‘other’. This bit of news falls under the good heading, in that we’re recognizing a tragic piece of our past as...
by Dustan Woodhouse | Jun 26, 2021 | Uncategorized
A short mortgage story. Maybe a lesson or two gleaned, possibly even a useful strategy in dealing with challenging clients. The set up… Working with the clients for 2 yrs. 500+ emails. Countless texts. Dozens and dozens of calls… mostly in the evenings and on...
by Dustan Woodhouse | Jun 18, 2021 | Be The Better Broker, Volume 3
An excerpt from Chapter 77 of Be the Better Broker, Volume 3. Lenders vary. You don’t need to know every single lender’s products and guidelines to be successful. You need somewhere between three and seven lenders or lender connections. Ninety percent of your business...
by Dustan Woodhouse | Jun 12, 2021 | Be The Better Broker, Volume 2
An excerpt from Volume 2 of Be the Better Broker. Every interaction you have with an underwriter, a BDM, a team lead, a lender VP and so on during the processing of a file—even just in a casual conversation at a trade show—is you either building or burning bridges....
by Dustan Woodhouse | Jun 3, 2021 | Uncategorized
Three Key Points 1. I’m not a Certified financial advisor, but that’s OK – the person whose investment advice you actually follow likely isn’t either. Look at where you invested, which stocks you bought. Where did the intel come from… really? Besides, many (close to...
