by Terry Lynch | Apr 6, 2018 | Articles
Last month Mortgage Trends received an email from a distraught client who had just received a letter from his mortgage lender letting him know his mortgage maturing in just five months would NOT BE RENEWED! Another family complained that their mortgage lender had sent...
by Terry Lynch | Nov 30, 2017 | Articles
Many of the myths surrounding CHIP Reverse Mortgages have often been as a result of information taken from American experiences and have absolutely no relevance in Canada. Below, some of the myths that we often hear about, the ‘reliable’ information...
by Terry Lynch | Oct 5, 2017 | Articles
The new Minimum wage regulations may prove costly – and devastating – for small business owners. What is your contingency plan? Let Terry Lynch show you how to make improvements, update your website, ramp up your advertising to boost sales in advance of the new...
by Terry Lynch | Jun 28, 2017 | Articles
Happy Birthday #150 Canada! Under the heading: “Where Did The Time Go?”, I reflect with great fondness on my Canadian Experience on the 150th Anniversary of this great country. I was living in Montreal in 1967 the year of the Centennial – having just arrived from...
by Terry Lynch | Jun 12, 2017 | Articles
Recently I was talking to a bank manager friend of mine ‘Jack’ about this current crazy housing market and it presents a picture that is at once dangerous and lacking anything that makes sense! Jack is seeing on an almost daily basis, clients who purchased properties...
by Terry Lynch | Jun 12, 2017 | Articles
Although low interest rates and a vigorous housing market continue to be the norm, Canadians are still saddled with the burden of high debt loads. According to recent stats, the ratio of debt to disposable income rose to 167.3% by the end of 2016. This means that...