Tim Hill MBA

Mortgage Broker since 2009; 20+yrs in real estate finance.

[Tim Hill MBA @TimHillMortgage]

@responsedeal @ronmortgageguy Sorry, I just saw this - you’ll pay a hefty premium to go Open, and with (pretty much all) Variables, you can lock into Fixed at any time at no cost.

Normally 5yr Variable runs about 50-100 bps below the 5yr Fixed: that it’s the opposite now suggests that it will drop more.

[Tim Hill MBA @TimHillMortgage]

@responsedeal @ronmortgageguy go variable

[Tim Hill MBA @TimHillMortgage]

@BenRabidoux 👀

[Tim Hill MBA @TimHillMortgage]

@Tavis @SteveSaretsky DUDE?!? Prices in 2010 were less than half of what they are now ...

[Ron Butler @ronmortgageguy]

Bank Loan Loss Provisions Explode: Should We Worry?

Scotia Bank Provisions for bad loans jumped from over $500M to $1.3B today & in a few days, all the other Canadian Big Banks will announce massive Loan Loss Reserve Increases in their Year End Reports

Should we worry?

2/

[Tim Hill MBA @TimHillMortgage]

@ronmortgageguy @cafreeland What you have as #1 & #3 are just ridiculous: right up there with their FTHBI.

They are just blowin' smoke (as usual) ...

[Tim Hill MBA @TimHillMortgage]

BREAKING: Bank of Canada holds the line: economy is slowing.

https://t.co/bepBFOwiAM

[Tim Hill MBA @TimHillMortgage]

Are you a business owner or self-employed? You can still get a mortgage, as there are special programs for people like you! In this video, we review these programs and how to qualify for them. #mortgagesecrets

https://t.co/6aTSbaBBTr

[Tim Hill MBA @TimHillMortgage]

Monopoly: so you want to buy a Rental Property #MortgageSecrets

https://t.co/odWmGLgBdd

[Canadian Mortgage Professional Magazine @CMPmagazine]

Bank of Canada's policy rate may stay high as sticky core inflation measures persist, indicating challenges in restoring price stability.

https://t.co/VuXDsXAtWk

#mortgagenews #mortgageindustry #ratehike #interestrates

[Tim Hill MBA @TimHillMortgage]

An Open Bridge might be your only choice. #MortgageSecrets #shorts

https://t.co/8KU3sqMd5Z

[Tim Hill MBA @TimHillMortgage]

What is Regular Bridge Financing? Do you need it? #MortgageSecrets #shorts

https://t.co/KrC7jXrMgK

[Tim Hill MBA @TimHillMortgage]

Selling and Buying? Do you need Bridge Financing? #MortgageSecrets #shorts https://t.co/Q9dGm5tDI6

[Tim Hill MBA @TimHillMortgage]

3 Things You MUST NOT Do Before Getting a Mortgage! https://t.co/JdHp72SOi3

[Tim Hill MBA @TimHillMortgage]

@danielfoch *Targeted* immigration: current policy is attracting immigrants with skills for jobs that are already filled. Meanwhile, vacant positions are going unfilled, as nobody has the skills to do them! Productivity is cratering.

https://t.co/DHVzuYbEhj

[Tim Hill MBA @TimHillMortgage]

3 Things You MUST Do Before Getting a Mortgage #MortgageSecrets #shorts https://t.co/9bvwUofqcb via @YouTube

[Tim Hill MBA @TimHillMortgage]

@ronmortgageguy The ability of the Boomers to transfer wealth from subsequent generations to themselves is absolutely stunning ...

[Tim Hill MBA @TimHillMortgage]

@RobertDFontaine @ronmortgageguy What happened to the BoC transferring wealth from poor to rich by jacking-up the overnight borrowing rate? /sigh/

[Tim Hill MBA @TimHillMortgage]

@RobertDFontaine @ronmortgageguy Here's the two biggest O&G companies in Canada ...

[Tim Hill MBA @TimHillMortgage]

@RobertDFontaine @ronmortgageguy Profit for large businesses is not increasing: they are passing their increased costs on to consumers.

Jagmeet is lying to you.