Peter Carstensen,AMP

[Peter Carstensen,AMP @PeterMtgPlanner]

The Bank of Canada held rates at 2.25% for June 10th's announcement, but that doesn't mean there's no financial news!

https://t.co/n7HbcRM8Gb

[Peter Carstensen,AMP @PeterMtgPlanner]

Canada got the inflation reading it needed this morning. Interested in the whole story check out the link below:

https://t.co/bGpONUHgQV

Media Source: https://t.co/UAIRk3cNfK Photo by izhar-ahamed on Pixabay

[Peter Carstensen,AMP @PeterMtgPlanner]

Canadian inflation surges in March. Largely due to oil prices.

Here is what DLC chief economist has to say about this.
https://t.co/j0aJxqP04A

Media Source: https://t.co/esmhmRoiPk Photo by Moni49 on Pixabay

[Peter Carstensen,AMP @PeterMtgPlanner]

Housing activity remains weak in March due to global economic uncertainty.

https://t.co/MUniKP23vX
Media Source: https://t.co/5ntIozM3mO Photo by Mohamed_hassan on Pixabay

[Peter Carstensen,AMP @PeterMtgPlanner]

Bank of Canada Cuts Overnight Rate by 25 bps to 2.25%

https://t.co/R4IC75YEii

[Peter Carstensen,AMP @PeterMtgPlanner]

“Success is a journey, not a destination.” – Arthur Ashe

Every hike, every run, every challenge, every saving milestone — each is a step toward the life you’re building.

[Peter Carstensen,AMP @PeterMtgPlanner]

This year marks a major milestone for us— celebrating our 10-year anniversary as a mortgage expert with Dominion Lending Centres! #teamblue #10yearanniversary

[Peter Carstensen,AMP @PeterMtgPlanner]

“In every walk with nature one receives far more than he seeks.” – John Muir

Time outdoors clears your mind, strengthens your body, and helps you return to your goals with fresh perspective.

[Peter Carstensen,AMP @PeterMtgPlanner]

Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett

Discipline in spending today builds the freedom to live the life you’ve always imagined tomorrow.

[Peter Carstensen,AMP @PeterMtgPlanner]

“It’s not whether you get knocked down, it’s whether you get up.” – Vince Lombardi

In finances, fitness, and life, resilience is what keeps you moving forward — even when the climb is steep.

[Peter Carstensen,AMP @PeterMtgPlanner]

Jobs fill your pockets, but adventures fill your soul.” – Jaime Lyn Beatty

Your home is your basecamp — the place you rest, recharge, and plan your next big adventure.

[Peter Carstensen,AMP @PeterMtgPlanner]

“Small daily improvements over time lead to stunning results.” – Robin Sharma

Fitness, savings, or debt repayment — the principle is the same: small, consistent actions transform your future.

[Peter Carstensen,AMP @PeterMtgPlanner]

The extras: Closing Costs

Buying a home? Don’t forget the 'surprise' guests — closing costs.
Budget 1.5–4% of the purchase price for things like legal fees, land transfer tax, and inspections
💰 Knowing early means no last-minute stress.

[Peter Carstensen,AMP @PeterMtgPlanner]

“A goal without a plan is just a wish.” – Antoine de Saint-Exupéry

Big goals need a roadmap. Whether it’s running a marathon or buying a home, your success starts with a plan.

[Peter Carstensen,AMP @PeterMtgPlanner]

Eligibility & Required Documents

A mortgage application is a bit like making a passport — you need the right documents in the right order.
Think: income proof, job letters, tax returns, bank statements...
Having them ready speeds up your approval and your move.

[Peter Carstensen,AMP @PeterMtgPlanner]

“A budget is telling your money where to go instead of wondering where it went.” – Dave Ramsey

Financial fitness is like physical fitness — consistency beats perfection. Start with small steps and watch your wealth grow.

[Peter Carstensen,AMP @PeterMtgPlanner]

How Rates Are Set

Ever wonder why mortgage rates move? They’re not picked out of a hat.
Fixed rates follow bond market trends. Variable rates follow the lender’s prime rate, influenced by the Bank of Canada.
Understanding this can help you time your decision.

[Peter Carstensen,AMP @PeterMtgPlanner]

“It is health that is real wealth and not pieces of gold and silver.” – Mahatma Gandhi

Your health is the foundation of your dreams — including your dream home. Prioritize both, and you’ll build a life worth living inside and out.

[Peter Carstensen,AMP @PeterMtgPlanner]

Some not so good news from the employment sectors. Read for more.

https://t.co/Ot8fGtFeCG

[Peter Carstensen,AMP @PeterMtgPlanner]

📢 Bank of Canada Interest Rate Update 📢

The Bank of Canada has made a decision on the latest interest rate, and it’s important to stay informed. 🏦
#BankOfCanada #InterestRates #Economy #PersonalFinance #FinancialUpdate #Inflation