Tania Labonte is a licensed mortgage broker based in Burlington, Ontario, working with Designer Mortgages Inc. She has a wealth of experience in the industry, leveraging her background in accounting, which spans over 12 years, to offer clients comprehensive financial advice in mortgage lending, taxation, and general finance. As part of Verico Designer Mortgages, Tania works with a wide range of lenders, including major banks, credit unions, and private lenders, ensuring that she can match her clients with the best possible mortgage solutions tailored to their unique financial situations​.

Tania prides herself on her ability to assist both first-time home buyers and seasoned property investors. Her expertise spans across the A, B, and private lending sectors, offering clients flexibility and options that aren't typically available at traditional banks. She emphasizes the importance of understanding not just the rates but the features and flexibility of each mortgage product, helping clients navigate life changes and potential penalties if they need to break their mortgage early​.

Connect with our Hosts:

Adrian’sLinkedIn:https://ca.linkedin.com/in/adrianblake1Trevor’s LinkedIn:https://ca.linkedin.com/in/millerwealthmanagement

Connect with our guest:

https://www.mortgageweb.ca/Tania

Michelle’s LinkedIn:https://www.linkedin.com/in/michelle-broughton-stevens-b9753b61/?originalSubdomain=ca

Connect with Cherry Hill Private Wealth, a trade name of Harbourfront Wealth Management Inc.

https://www.cherryhillprivatewealth.ca/https://www.harbourfrontwealth.com

Timestamps:

00:00 - Introduction

00:35 - Impact of Declining Rates

02:06 - New Mortgage Rules Overview

03:34 - $1M to $1.5M Insured Mortgage Limit Increase

05:11 - Rising Home Prices Impact

07:07 - Self-Employed Buyers Entering the Market

09:11 - Renewing Mortgages and Refinancing Options

11:46 - Distressed Sellers and Market Opportunities

13:18 - Investor Activity with Rising Interest Rates

15:01 - Defaults and Mortgage Challenges

18:16 - Mortgage Penalties and Cost Analysis

21:02 - Rate Wars and Competition Among Lenders

24:14 - Importance of Flexibility in Mortgage Terms

26:08 - Bank Strategies and Rate Sharpening

30:11 - Timing Mortgage Moves and Rate Locking

33:07 - Predictions for Future Rate Cuts

36:24 - Current Opportunities in the Housing Market

39:13 - Closing Thoughts and Wrap-up

Let’s schedule a call to meet each other and see if we can help you achieve a financial roadmap that helps you create a financial plan that focuses on what, and whom, means the most to you. Book a consultation call here.

We'd love to hear from you.