Jeff Dinsmore
@velocitymortgage.bsky.social
Canadian Mortgage Broker
Sports Fan
Real estate Investor
Love my wife and 2 kids
Coffee Drinker
Love chess just not good at it
Canadian
Sports Fan
Real estate Investor
Love my wife and 2 kids
Coffee Drinker
Love chess just not good at it
Canadian
Did you know we continue negotiating the best rates with your lender up to 5 business days before closing? On the flip side, if rates go up during our rate negotiation period, our rate holds are in place to ensure that you still get the best deal. Win-win for you, and it's free
FSRA # 10315
FSRA # 10315
velomortgage.ca - Homepage
We bring to you a one-stop convenience and impartial advice when you shop for your mortgage. We offer a computerized service that can present your mortgage requirements to many lenders. We can find th...
Velomortgage.ca
February 11, 2025 at 5:03 PM
Did you know we continue negotiating the best rates with your lender up to 5 business days before closing? On the flip side, if rates go up during our rate negotiation period, our rate holds are in place to ensure that you still get the best deal. Win-win for you, and it's free
FSRA # 10315
FSRA # 10315
TikTok - Make Your Day
vm.tiktok.com
February 11, 2025 at 12:27 AM
Read a great article from Ryan Sims
So, 173,500 Canadians lost their job in January 2025, but, because of seasonal adjustments, the employment report showed job gains of 76,000.
So, 173,500 Canadians lost their job in January 2025, but, because of seasonal adjustments, the employment report showed job gains of 76,000.
February 10, 2025 at 2:22 PM
Read a great article from Ryan Sims
So, 173,500 Canadians lost their job in January 2025, but, because of seasonal adjustments, the employment report showed job gains of 76,000.
So, 173,500 Canadians lost their job in January 2025, but, because of seasonal adjustments, the employment report showed job gains of 76,000.
Looks like the rates are going to be coming down Friday.
February 6, 2025 at 1:47 AM
Looks like the rates are going to be coming down Friday.
Bond yields have been down for a couple of days now. We should be starting to see rates in the 3's in the next couple of days here in Canada.
February 5, 2025 at 6:32 AM
Bond yields have been down for a couple of days now. We should be starting to see rates in the 3's in the next couple of days here in Canada.
For those asking why Trudeau didn't do this sooner, he did Dec 17th. If you think this wasn't a power move, you are wrong
February 4, 2025 at 12:51 AM
For those asking why Trudeau didn't do this sooner, he did Dec 17th. If you think this wasn't a power move, you are wrong
BMO already revising to 6 rate cuts over the next 6 meetings in Canada. Interest rates are about to fall through the floor because of #tariffs
February 2, 2025 at 9:49 PM
BMO already revising to 6 rate cuts over the next 6 meetings in Canada. Interest rates are about to fall through the floor because of #tariffs
Instagram post on tariffs and the decision for the changes in the land transfer taxes being cancelled in Canada
People who sold at the low point to avoid these taxes are going to be pissed
People who sold at the low point to avoid these taxes are going to be pissed
February 2, 2025 at 2:22 AM
Instagram post on tariffs and the decision for the changes in the land transfer taxes being cancelled in Canada
People who sold at the low point to avoid these taxes are going to be pissed
People who sold at the low point to avoid these taxes are going to be pissed
I am so sick of the infighting of politics here in Canada. Should Ford have called an election during a crisis? No. Should Trudeau have resigned a while ago? Yes. Does any politician care about the common person? NO! So why is everyone fighting for "their side"
February 2, 2025 at 2:16 AM
I am so sick of the infighting of politics here in Canada. Should Ford have called an election during a crisis? No. Should Trudeau have resigned a while ago? Yes. Does any politician care about the common person? NO! So why is everyone fighting for "their side"
The Bank of Canada to stop Quantitatve tightening in March
January 29, 2025 at 6:29 PM
The Bank of Canada to stop Quantitatve tightening in March
The consensus is that the Bank of Canada should cut rates by 25 bps (0.25%) tomorrow. More interesting will be their tone on future rate cuts. The market is expecting them to signal they will hold rates for the next few rate cuts, Any other tone could see the bond yields 📉and make fixed rates follow
January 28, 2025 at 4:04 PM
The consensus is that the Bank of Canada should cut rates by 25 bps (0.25%) tomorrow. More interesting will be their tone on future rate cuts. The market is expecting them to signal they will hold rates for the next few rate cuts, Any other tone could see the bond yields 📉and make fixed rates follow
Velomortgage.ca- making mortgages less painful than a vasectomy.
January 26, 2025 at 8:27 PM
Velomortgage.ca- making mortgages less painful than a vasectomy.
Freeland reversing $250 cheques on Friday and resigning Monday is an interesting timeline. Canada is in a state of flux, yet we don't call for an election
December 16, 2024 at 7:29 PM
Freeland reversing $250 cheques on Friday and resigning Monday is an interesting timeline. Canada is in a state of flux, yet we don't call for an election
The market is only pricing in a 58% chance of a 25 BPS rate cut in January in Canada. I feel like you don't cut rates as aggressively as you do and then stop entirely. Will be interest to see inflation numbers next week and how that changes expectations
December 14, 2024 at 5:42 PM
The market is only pricing in a 58% chance of a 25 BPS rate cut in January in Canada. I feel like you don't cut rates as aggressively as you do and then stop entirely. Will be interest to see inflation numbers next week and how that changes expectations
Now this is a housing plan! @bonniecrombie.bsky.social coming out swinging. Obviously, we need to see more on a granular level but this is something I have been pushing for a long time.
December 11, 2024 at 11:31 PM
Now this is a housing plan! @bonniecrombie.bsky.social coming out swinging. Obviously, we need to see more on a granular level but this is something I have been pushing for a long time.
As predicted the BoC lowered their overnight lending rate by 50 bps. Great for Variable interest rates. Bond yields haven't moved a ton in response so fixed rates may not change significantly if at all
December 11, 2024 at 9:57 PM
As predicted the BoC lowered their overnight lending rate by 50 bps. Great for Variable interest rates. Bond yields haven't moved a ton in response so fixed rates may not change significantly if at all
NEXT WEEK RATE CUT PREDICTIONS:
Employment numbers just came out today and all but solidified a 50 bps rate cute for the BoC on Wednesday. Unemployment rose to 6.8%
Employment numbers just came out today and all but solidified a 50 bps rate cute for the BoC on Wednesday. Unemployment rose to 6.8%
December 7, 2024 at 1:21 AM
NEXT WEEK RATE CUT PREDICTIONS:
Employment numbers just came out today and all but solidified a 50 bps rate cute for the BoC on Wednesday. Unemployment rose to 6.8%
Employment numbers just came out today and all but solidified a 50 bps rate cute for the BoC on Wednesday. Unemployment rose to 6.8%
This is such a need in the Waterloo region. Great news!
Habitat for Humanity project to bring more than 1,000 affordable housing units to Waterloo
City declares property at 2025 University Ave. E. as surplus to make way for project #onpoli #HabitatForHumanity #AffordableHousing
www.cbc.ca/news/canada/...
City declares property at 2025 University Ave. E. as surplus to make way for project #onpoli #HabitatForHumanity #AffordableHousing
www.cbc.ca/news/canada/...
Habitat for Humanity project to bring more than 1,000 affordable housing units to Waterloo | CBC News
A new project being led by Habitat for Humanity will bring more than 1,000 affordable housing units to the City of Waterloo, according to the non-profit organization.
www.cbc.ca
December 5, 2024 at 12:57 AM
This is such a need in the Waterloo region. Great news!
@jeffratcliffe.bsky.social I am in a 40 team 4 division dynasty best ball league with 4 sets of players
December 4, 2024 at 2:35 PM
@jeffratcliffe.bsky.social I am in a 40 team 4 division dynasty best ball league with 4 sets of players
Looking to connect with Canadian Real Estate and finance professionals. Follow me for a follow back.
December 4, 2024 at 12:29 AM
Looking to connect with Canadian Real Estate and finance professionals. Follow me for a follow back.
For those who need to hear this. Life is not as bad as you think it is. Find positive people and consume positive messaging. Better yet live your life knowing things will get better.
November 26, 2024 at 4:25 PM
For those who need to hear this. Life is not as bad as you think it is. Find positive people and consume positive messaging. Better yet live your life knowing things will get better.
Canadian Fixed Rate Mortgages
5-year bond yield is up 25 bps since the Bank of Canada cut rates by 50 bps.
People thought their fixed rates were about to become half a percent cheaper, now looks like we are going to see a quarter percent more expensive.
5-year bond yield is up 25 bps since the Bank of Canada cut rates by 50 bps.
People thought their fixed rates were about to become half a percent cheaper, now looks like we are going to see a quarter percent more expensive.
November 22, 2024 at 7:45 PM
Canadian Fixed Rate Mortgages
5-year bond yield is up 25 bps since the Bank of Canada cut rates by 50 bps.
People thought their fixed rates were about to become half a percent cheaper, now looks like we are going to see a quarter percent more expensive.
5-year bond yield is up 25 bps since the Bank of Canada cut rates by 50 bps.
People thought their fixed rates were about to become half a percent cheaper, now looks like we are going to see a quarter percent more expensive.
@jeffratcliffe.bsky.social
I agree with the phone calls. I often feel myself turning down the volume when a caller calls in asking a question someone just mentioned the hour before.
I agree with the phone calls. I often feel myself turning down the volume when a caller calls in asking a question someone just mentioned the hour before.
November 22, 2024 at 2:20 PM
@jeffratcliffe.bsky.social
I agree with the phone calls. I often feel myself turning down the volume when a caller calls in asking a question someone just mentioned the hour before.
I agree with the phone calls. I often feel myself turning down the volume when a caller calls in asking a question someone just mentioned the hour before.