Jared's Financial Blog

Shopping Your Mortgage Renewal

2012-02-10T15:09:00.000-08:00

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Shopping Your Mortgage Renewal 10 February 2012

With Canadian interest rates at historical lows, re-shopping your mortgage at renewal time could save you thousands. Sadly, too many Canadians simply sign their banks mortgage renewal offer without ever questioning the rate. Mortgage products, interest rates and terms of mortgages can change drastically over a few years. An independent mortgage broker takes your mortgage and shops it to different banks and trust companies across the country and negotiates your lowest mortgage rate on your behalf. Best of all, using a mortgage broker is free in the majority of cases. They get paid by the lender they place the mortgage with. Plus, independent mortgage brokers get paid on the size of the mortgage not the rate so getting you the lowest mortgage rate is their top priority.The best time to start shopping your mortgage renewal is 120 days prior to it coming due.That way you are protected if interest rates go up.

So before you just sign your banks mortgage renewal offer, call an independent mortgage broker to ensure you are getting the best mortgage product at the very lowest rate.

Our team of mortgage professionals can help. Call today at 604 649-5991 or 1-800-687-9020 Hold Your Best Rate Now

In a rush, complete our quick and easy 30 Second Online Mortgage Application.

Want to know your best rate without any commitment or credit check pulled. Try our instant rate quote system now.

Canada Housing Is Affordable

2012-02-07T16:49:00.000-08:00

There is a lot of headlines that are trying to get attention on both sides of the housing market, the doom or gloom. The facts are there have never been a better time to buy a house. We have the lowest fixed mortgage rates in Canadian history! There is inventory for buyers to look at and room for deals to be made.

As an example, i went through a renovated 1024 square foot, coroner unit, top floor, ocean view in White Rock today. Which is 35-40 min from downtown Vancouver and only 20 mins from downtown Surrey(which is the fastest growing employment opportunities).The asking price is $234,900.

A first time home buyer would need $11,745 as a down payment. Payments would be $1008 per month on a 5 year fixed rate with a 30 year amortization. You take accelerated weekly payments and you can have the mortgage paid out in 26.3 years. This payment is lower then most basement suites or condo rentals.

We need to put housing in perspective. if you live near major cites like Vancouver or Toronto, a condo is going to be your first home. That is how i started my home buying journey and was the best move i made.

Top Three For February

2012-02-06T13:59:00.000-08:00

Below is an article I picked up recently. A month into the new year, I thought this a timely piece to consider and share. As always, if you know of anyone that needs financing, please do not hesitate to call. We're here to help!

Top THREE

"If you could only do three things a day to market your company, what would they be?"

1. "Focus on the 80/20 rule - the 20 percent that generates the 80 percent. That is, look at which clients, customers, products and programs generate most of my revenue, and focus on marketing to those. Once I started doing this, it streamlined my business, and I made more money, more simply, with less stress."

2. "Look at where I can reach my target market in large numbers. For example, let's say you sell a special shampoo for a certain breed of dog. So where are those dog owners - online and offline? What websites are they visiting? Are they members of certain groups? What organizations do they belong to? What events are they attending? What magazines do they read? This is your biggest shortcut to dramatically increasing your clients and customers."

3. "Delegate more of my marketing tasks to my team - or a marketer/graphic designer on contract), so I can focus on building relationships with centers of influence, or COI's, for my target market. For example, if you are an accountant, you may get many referrals from lawyers, so you should be developing those relationships on a regular basis."

Article by:
Success Magazine, February 2012 issue.

Your Friend in the Mortgage Business,

Jared Dreyer, AMP
Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

10 Commandments of Business

2012-02-02T16:36:00.000-08:00

Here is a great article i came across today. Great tried and true information.
Jared

The Commandments of Business Growth

By Mark Graham, an EO Toronto member and president of Right Sleeve Marketing, Inc.

When I graduated from college in 1997, I started my business career in investment banking. I lasted four months. While the experience was rewarding (I learned how to use Microsoft Excel like a pro!), I found I was more suited for entrepreneurship. I always wanted to build something I could call my own, and it turns out I have a mind for sales and marketing, not finance.
Given my time in investment banking, I was interested in how Goldman Sachs—the industry’s 800-pound gorilla—grew from a mid-tier firm to a global powerhouse over the course of a few decades. To learn more about this magnificent rise, I’ve been reading Charles Ellis’s “The Partnership: The Making of Goldman Sachs,” a book that sheds a lot of light on growth management.

Admittedly, I have very little connection to the investment banking industry these days, nor do I endorse modern-day Wall Street. However, what I find interesting about this book are some of the timeless business principles that can be applied to almost any enterprise, regardless of industry or company size.

This is not a commentary on Goldman Sachs per se, but rather a look at how one company within one industry was able to grow by applying some surprisingly simple principles. In 1970, long before sub-prime mortgages and credit default swaps, John Whitehead, a co-head of the firm, wrote the following 10 commandments that guided their business development efforts:

1.Don’t waste your time going after business you don’t really want.
2.The boss usually decides— not the assistant treasurer. Do you know the boss?
3.It is just as easy to get a first-rate piece of business as a second-rate one.
4.You never learn anything when you’re talking.
5.The client’s objective is more important than yours.
6.The respect of one person is worth more than an acquaintance with 100 people.
7.When there’s business to be found, go out and get it!
8.Important people like to deal with other important people. Are you one?
9.There’s nothing worse than an unhappy client.
10.If you get the business, it’s up to you to see that it’s well-handled.
As an entrepreneur, I reflect on these commandments all the time, and many of them make perfect sense, especially for an organization that wants to be outstanding. In my case, I have built my business by putting integrity first, even if it seems at times we sacrifice short-term profits. We have always held the belief that a client relationship is something to be nurtured and encouraged to blossom into a profitable and enjoyable affiliation. However, it is not easy to develop relationships like this if one is always out for the quick sell.

Many people in business waste a lot of time chasing opportunities that simply don’t make sense and distract from what really matters: establishing relationships. By focusing on the principles listed above, I am able to create more value within my business, establish stronger connections and become a better, all-around entrepreneur.

Great Report From TD on Canadian Economy

2012-01-30T15:43:00.000-08:00

CANADA – NOTING THE POSITIVES, BUT ALSO THE RISKS
Economists often get a bad rap for seeing the world
as exclusively a glass half empty. Given this reputation,
it is not surprising that economics is dubbed the ‘dismal
science.’ Still, we are also known to call a spade a spade
when we see it. We must do just this when we say that the
Canadian economy ended last year on a more positive note
than we had last predicted. This momentum represents a
solid hand-off into 2012. What’s more, financial markets
so far this year have enjoyed the absence of volatility that
was the dominant theme for 2011. The S&P/TSX composite
index has gained 2.3% so far in January, which is in stark
contrast to the 10.8% loss posted last year.

Our latest tracking shows the Canadian economy grew by
2.0-2.5% in the fourth quarter annualized, an upside from our
December forecast of 2.0%. An important part of the story
has been Canadian consumers. We saw evidence of this in
the retail sales’ numbers for November. They grew monthover-
month by 0.3% in real terms and an even stronger 0.5%
in nominal terms. With Black Friday and Cyber Monday
increasingly becoming important calendar events on this side
of the border, retailers were hoping to capitalize on greater
mall traffic as consumers stocked up for the holiday season.
We will have to wait and see if November’s gain comes at a
cost to December. However, data so far suggest that there is
an upside risk to our consumer expenditure forecast for the
fourth quarter of 2011. The 2012 economic outlook should
also be helped by higher consumer and business sentiment,
readings confirmed by separate releases this week.
Also this week, the U.S. Federal Reserve (Fed) injected
further monetary stimulus into its economy by telling markets
and investors that it plans to keep its interest rates at
near-zero levels until late 2014, or eighteen months longer
than was previously stated. In the fallout of the announcement,
U.S. and Canadian bond yields fell across the curve.

In terms of currency, the loonie reached parity with the U.S.
dollar yesterday for the first time since November 2011.
Ontario, Saskatchewan and New Brunswick also took advantage
of the increased appetite for long-term, fixed-rate
products and raised a total of $1.8 billion yesterday.
With the change in the Fed call, Bank of Canada Governor
Carney will need to reconsider when to lift domestic
interest rates. The Governor has repeatedly said that there
are limits to how much Canadian rates can diverge from
those in the United States. In setting monetary policy
decisions, Governor Carney must manage the domestic,
export-based economy as well as implement policy to meet
the inflation rate target. He must also take into account the
heightened international risk and uncertainty imbedded in
the current global economic outlook. While the next interest
rate announcement is not till March, we believe there is
now increased pressure to delay the hike from the end of the
first quarter in 2013 to the end of the second quarter. When
the central bank does raise rates, we expect it to return to
equilibrium more gradually than our previous forecast. We
now have the overnight rate increasing to 2.00% (in quarter
percentage point increments) by the end of 2013. The growing
interest rate spread between Canada and the U.S. should
spur moderate price appreciation of the Canadian dollar, but
the currency is not poised to deviate far away from parity.
Business investment is expected to be a bright spot in
the outlook given the low borrowing conditions and strong
currency. We also forecast that Canadians will continue to
spend, creating positive pressure for the domestic side of our
national forecast. This spending behaviour does not come
without repercussions. Canadian households are already
posting record debt levels. What’s more, the longer low
rates persist, the more difficult it will be to reverse course.
If consumers continue to spur heightened real estate activity
as well, there could be a larger and steeper correction for
the housing market than the 10-15% we have incorporated
into our forecast over the next few years. Given where this
note has ended, perhaps it’s true that economists cannot say
sunny and rosy for too long. At the same time, it’s prudent
to constantly look for risks, such that there are no surprises
when and if they come to materialize.
Sonya Gulati, Economist, 416-982-8063

Why Do We Need Mortgage Rule Changes?

2012-01-24T15:11:00.000-08:00

There is all the talk about household debt and we are at high levels.Is the secured mortgage in Canada the reason for it? Not in my opinion. The reasons for that opinion, is we are now in the lowest mortgage rates in Canadian history. Canadian can secure their mortgage payments for 10 years at 3.89%. This has never happened before, so then why all the negative headlines.

The papers and experts are not focusing on the real problem which is unsecured consumer debt. Lines of credit, credit cards are the real issue. Banks are giving these out to everyone and not checking their current debt service levels. The worst part is they do not educate the consumer on how to use these products are pay them back. It is a ongoing cycle of one card to pay another, line of credit to consolidate and so on.

Mortgages in Canada have the lowest arrears and late payments. Every mortgage needs to be qualified based on debt service guidelines, income history, proof and property verification. Canadians make their mortgage payments and do not over extend as they are not allowed too.
The other important factor is that we have a recourse law here in Canada. Which means if you default on your mortgage, they come after you personally. In the US this law does not exist so that is why there was so many foreclosure.Along with the fact that the US did not have any guidelines for qualifying on mortgages at all. Canada has always had guidelines. The longer amortizations are not the issue.

A strong housing market is good for the economy and very vital for employment. We need to focus on showing Canadians how to pay down the mortgage faster by doing accelerated weekly,biweekly payments. Putting down lump sum against the principal, automatic reduction plans. Education is the key, not more government rule changes.

Million Dollar Neighborhood

2012-01-19T14:23:00.000-08:00

OWN Network - Million Dollar Neighborhood - Jared Dreyer and Team saves clients thousands on their mortgages.
Jared Dreyer Vancouver mortgage broker was thrilled to participate in the OWN network Million Dollar Neighborhood challenge. Taking a community and working to save them a million dollars. "Saving clients money on their mortgage is what we do day in and day out" says Jared Dreyer, Vancouver Mortgage Broker who saved clients thousands on their mortgages. Participating in the show with other financial planners, bankers and other professionals, everyone worked together to help this neighborhood save money. The goal was one million dollars in total. "It was a great experience" comments Jared, "I am looking forward to finding out the total savings". To find out how much you can save on your mortgage, call us at 1-800-687-9020, we're here to help you get your best rate mortgage.

Mortgage Update and Hot Dogs

2012-01-17T15:20:00.000-08:00

Good Day,

We are now 3 weeks into 2012 and continue to get inundated with predictions and commentary from everyone on what course this year is going to take. Since the financial meltdown of 2008 and the close to collapse of the world’s financial system, we have seen new shifts in the world at an unprecedented pace. With this continued economic turmoil I thought it timely to share with you again one of my very favourite stories. It truly is amazing how our attitude determines our outcome. And while we can all have opinions, no one knows the ultimate direction. I personally feel it is up to each one of us to use our intellectual capital and belief in ourselves to create the best year in 2012 and let the rest of the events fall where they may.

Please see below for my Economic Update and my favourite story… How's Your Hot Dog Business Doing these Days?

I wish you a productive and successful January.

Economic Update

As expected the Bank of Canada announced this morning that the Bank Prime lending rate will remain unchanged at 3%. This continues to keep us in the lowest fixed interest rate environment in Canadian history. Looking back over the last 25 years, its amazing to see the continued decline in mortgage rates making home ownership in this country a reality for so many more people. In 1991 for example, the average 5 year fixed rate mortgage was 11.16%, in 2007 we dropped to an average of 6%, and now we continue to enjoy a 5-year fixed rate mortgage average of 3.19-3.5%. With stable low unemployment rates and incredibly low mortgage rates, I predict we will continue to see stability, affordability and growth…. At least in my business! (tongue and cheek, this leads into my story…)
How's your business doing these days?
"A man sold hot dogs at the side of the road. He was proud of his hot dogs and made a good deal of money selling his hot dogs. Every day, he would put out his signs, go out and yell from his hot dog stand, "Come and get your hot dogs! The best hot dogs in town!" And people came from all over to eat his hot dogs. He would have lines of people all day long. He loved selling hot dogs and believed they were delicious, fresh, and the best. He talked to his patrons and was grateful for them. And they loved this man.

Anyway, the man saved enough money to send his son to college and one day, the son came home and asked his dad what he was doing during the day. The man said that he was still selling hot dogs and business was booming. The son looked at him and said, "Daddy, what's the matter with you? Don't you know we're in a recession? No one is going to buy hot dogs. I can’t believe you're wasting your time and money trying to sell hot dogs. You need to cut your losses and close that stand."

Well, the man believed his son; after all his son was educated, in college, and certainly knew more than he. The man became a bit despondent, but did not want to close his hot dog stand because people came to him every day. They depended on him for their hot dogs. He continued to go to his hot dog stand, but he no longer put out his signs nor yelled about his great hot dogs; he did not talk and laugh with his patrons as much. "We're in a recession," he thought, "What is there to laugh about?" Little by little, the patrons stopped coming and the man sold fewer and fewer hot dogs. Then no one came and he had to close his hot dog stand. He said, "Well, my son was right."

Attitude is often times more important than fact. The man did not know that the country was in a recession and, therefore, continued to behave in a way which generated a profitable business. Once his attitude changed; his behaviour changed and then his business changed.

If you know of anyone that would like to talk with me regarding the current rate changes please feel free to pass along my number, I'm here to help.

Your Friend in the Mortgage Business,

Jared Dreyer, AMP
Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

My 5 Minute Business Plan

2012-01-06T13:47:00.000-08:00

Happy New Year!
2012 is Going to be a Great One!!

For your reading enjoyment - or maybe not (don't want to be presumptuous), below is my brief economic summary, a quick 2012 business planning technique that I use and top New Years Resolutions and how to keep them. Wishing you and your family all the very best in 2012. If you know anyone that needs financing advice, please do not hesitate to call - we sure appreciate the introduction!

My 5-Minute Business Plan

If you have 5 minutes, grab a piece of paper and give this a try. Of course it is very simplified but a great quick snap shot of where your business has been and where you want it to go:

1. Draw a circle on a piece of paper and write 2011 on the top.

2. Section up the circle by % of where you generated your business from in 2011 i.e. 65% past customers, 20% referral sources, 2% web etc. Till you get to 100% of course.

3. Now, draw another circle under it with the title 2012. Segment out your pie based on where you would like your business percentages to be. Add in new sources of business as percentages if you are planning on deriving income from new markets in 2012.

4. Compare pie 1 to pie 2. It will become quickly clear where you need to spend your time, dollars and efforts.

Things to Consider:

Looking at your numbers in 2011, if you put down 65% of your business from past customers, did you spend 65% of your marketing dollars and time on this segment. Each segment should be proportionate to the percentage. This is only broken of course if you are trying to grow in one area then your time and dollars will increase.

Finally, for 2012 take your marketing budget for the year ( as an example $15,00.00) and divide it up by percentage of business sectors in your pie. It makes it really easy for budgeting. Of course then all my other activities are scheduled to support this plan.

I'm all about sharing. If you have a great business plan template you use, I would love to see it. If you would like to see a copy of mine, I like to keep things simple - it’s only 8 pages - send me an email and I’ll fire it off.

With economists leaning more on the Bear than Bull side these days, we need to keep all the press in perspective and consider the facts:

Canada continues to be one of the strongest G7 countries.

The Bank of Canada has been fiscally managing Canada's recovery interest rates predicted to maintain low until into 2013.

Pockets of the country are doing really well, while others are struggling more. Here in BC, pockets of housing areas are booming and consumer debt is lower than the national average.

Employment is lower with more predominant companies moving into BC and stimulating jobs.

While the Canadian dollar is predicted to weaken in the first half of 2012, it is expected to make a rebound by the end of the year. No matter how wonderful we are at home though, our dollar is at the mercy of global financial markets and commodity prices.

Western provinces are in strongest fiscal shape with brisk migration and immigration.

Economists are calling for inflation to be slowed (currently at 3% and moving downward to 2%) as a result of stable oil prices and lower overall food prices.

Top New Years Resolutions and How to Keep Them

What is it about a new year that makes us all want to change? Most of us have every intention of making a fresh start once December ends, but as soon as that first temptation comes along, our determination is really tested. In fact, less than 25% of people who make resolutions end up following through. Here are the top resolutions and ideas to help you sick with it….

Lose weight: Gym memberships see a jump as high as 25% in January with the New Year’s surge in motivation, but as many as 60% of new members stop using the gym after a few months. Since many gyms crank up their prices in January, make sure you’re serious about your weight loss before paying through the nose. To be successful with this resolution, experts suggest coming up with a concrete plan, like committing to exercise three times a week and eat smaller portions, and breaking your goal into smaller achievements that you will accomplish throughout the year.

Paying off debt and saving money: Changing your money habits can be as tough or tougher than going on a diet because it can affect all areas of your life. People often cave on their resolutions after they realize that it can mean anything from cutting back on Starbucks to moving to a more affordable home. One way to make sure your financial promise sticks is to set up contributions directly to a savings account so the funds are automatically separated from your spending money and you don’t even have a chance to talk yourself into that extra pair of shoes or dinner out.

Quit smoking: The health benefits of throwing out your tobacco are obvious and enormous, but nicotine has a way of hooking people. There are ways, though, to give yourself the best chances, including weaning yourself off cigarettes by using a substitute like a patch or gum. Some studies show that people are 25% more likely to stay smoke-free if they give themselves a penalty for not following through, like having to pay a certain amount of money to someone. So go ahead and bet your brother $1,000 that you can quit smoking. It might just help you succeed.

Get organized: While it’s a great idea to get your affairs in order, it’s normally not as easy as it sounds. When people look at the daunting task in front of them, they often just give up. Instead, if you really want to organize your house and life, you should break up the issue into smaller, easy-to-handle tasks and give yourself short deadlines for each one. This will make you more likely to follow through, and if you end up quitting halfway through the year, at least you’ll have accomplished something!

Find a new job: At the beginning of 2011, an insanely large percentage (84%) of people resolved to find a new job within the year. Some were unsatisfied with their positions and lack of promotion opportunities; others felt like they weren’t being paid enough and wouldn’t likely get a raise any time soon. If you find yourself stuck in a job you hate and can’t seem to find your next position, think about what you really want from a new job. If it’s money, consider freelancing on the side or rethink your money habits until you find your next move. If you’re looking for more creative freedom, find a hobby or a project that can keep you fulfilled until you land a new job.

Volunteer: Volunteering your time to help others in need seems like a good idea while you’re still feeling warm and fuzzy from the Christmas spirit. Well, it is a good idea, but it’s not one that’s commonly followed through on. With most of the other resolutions, there’s a goal that you’ll hopefully reach in the end after you’ve dedicated your time to it. Volunteering begins to slip down your priority list since you don’t see any real benefits, and when you find out that many organizations require paperwork and training before you can do your good deeds, you might just give up. For the best chances, volunteer with a group you’re already part of, like your church or kid’s school.

Drink less: Drinking less probably weighs heavy on your pounding mind right after your rocking New Year’s parties, but many people forget about their cruel hangovers as soon as the next party invite comes along. It can be easy to lose track of how many drinks you’ve had once you start throwing them back, making it almost impossible to consume less. The solution to keeping this resolution comes before you set foot in a bar or party. Figure out exactly why you want to drink less so you can remind yourself of it throughout the night and before you go out, set a limit to how many drinks you’re going to have and don’t stray from it. If possible, have someone with you who will keep you accountable or you could just volunteer to be the designated driver.

Fall in love: Falling in love takes two people who can meet each other’s needs and are ready for a committed relationship, and there really aren’t any shortcuts to finding it. If your goal is to find someone this year, the only thing you can really do is to become the best version of yourself you can and put yourself out there. Figure out exactly what you want out of a relationship and work on becoming a more patient, kind individual — the kind of person you would want to date. Then start moving outside of your comfort zone to meet new people and be brave when making your move

Continued Success in 2012!

Jared Dreyer, AMP
Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Slow Dance

This poem was written by a terminally ill young girl in a New York Hospital. Something to ponder as we go into 2012

SLOW DANCE

Have you ever
watched kids
On a merry-go-round?

Or listened to
The rain slapping on the ground?

Ever followed a
butterfly's erratic flight?

Or gazed at the sun into the fading night?

You better slow down.

Don't dance so fast.

Time is short.

The music won't last.

Do you run through each day on the fly?

When you ask How are you?

Do you hear the reply?

When the day is done
Do you lie in your
bed With the next hundred chores

Running through
your head?

You'd better slow down

Don't dance so fast.

Time is short.

The music won't
last.

Ever told your child,

We'll do it tomorrow?

And in your
haste,

Not see his sorrow?

Ever lost touch,

Let a good
friendship die

Cause you
never had time

To call and say,'Hi'

You'd better slow down.

Don't dance so fast.

Time is short

The music won't
last..

Life is not a race.

Do take it slower

Hear the music

Before the song is
over.

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Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

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The 10 Most-Broken New Year's Resolutions

2012-01-05T12:07:00.000-08:00

Let's work on keeping our promises to yourself.

.January 3, 2012Connect: The 10 Most-Broken New Year’s Resolutions

By The E-Advisor Blog

What is it about a new year that makes us all want to change? Most of us have every intention of making a fresh start once December ends, but as soon as that first temptation comes along, our determination is really tested. Less than 25% of people who make resolutions end up following through with them, and it’s no surprise that the ones that are broken the most frequently are the ones that we make the most often. You’ve probably found these promises on your list sometime in your life, but how many times have you actually kept them.

1.Lose weight: With the pressure of holiday turkey and candy pushing our stomachs over the top of our pants, weight loss is at the front of our minds going into the new year. With the eating season over, it seems like the perfect time to start a diet or work out to shed the pounds. Gym memberships see a jump as high as 25% in January with the New Year’s surge in motivation, but as many as 60% of new members stop using the gym after a few months. Since many gyms crank up their prices in January, make sure you’re serious about your weight loss before paying through the nose. To be successful with this resolution, experts suggest coming up with a concrete plan, like committing to exercise three times a week and eat smaller portions, and breaking your goal into smaller achievements that you will accomplish throughout the year.

2.Paying off debt and saving money: Of course, in this economy, buying a ton of Christmas presents and traveling all over the country for the holidays has most people feeling pretty poor by the time January rolls around. In 2011, 43% of Americans were making financially motivated resolutions, like paying off credit cards or making an emergency fund. Changing your money habits, though, can be as tough or tougher than going on a diet because it can affect all areas of your life. People often cave on their resolutions after they realize that it can mean anything from cutting back on Starbucks to moving to a more affordable home. One way to make sure your financial promise sticks is to set up contributions directly to a savings account so the funds are automatically separated from your spending money and you don’t even have a chance to talk yourself into that extra pair of shoes or dinner out.

3.Quit smoking: The CDC says that 43% of smokers tried to quit in 2008, the most recent data year. It’s safe to say many of these smokers made it their New Year’s resolution to kick the habit for good. Statistically, though, only about 10% of those who try to quit smoking are successful in the long run. The health benefits of throwing out your tobacco are obvious and enormous, but nicotine has a way of hooking people. There are ways, though, to give yourself the best chances, including weaning yourself off cigarettes by using a substitute like a patch or gum. Some studies show that people are 25% more likely to stay smoke-free if they give themselves a penalty for not following through, like having to pay a certain amount of money to someone. So go ahead and bet your brother $1,000 that you can quit smoking. It might just help you succeed.

4.Get organized: Do you throw everything into your closet or under your bed when guests come over? Can you remember the last time you went through your junk drawer? Do you have to retrace your steps multiple times every day to figure out where you left something? You sound like the kind of person who has made this resolution year after year. While it’s a great idea to get your affairs in order, it’s normally not as easy as it sounds. When people look at the daunting task in front of them, they often just give up. Instead, if you really want to organize your house and life, you should break up the issue into smaller, easy-to-handle tasks and give yourself short deadlines for each one. This will make you more likely to follow through, and if you end up quitting halfway through the year, at least you’ll have accomplished something!

5.Find a new job: At the beginning of 2011, an insanely large percentage (84%) of people resolved to find a new job within the year. Some were unsatisfied with their positions and lack of promotion opportunities; others felt like they weren’t being paid enough and wouldn’t likely get a raise any time soon. The problem with this resolution is that there just aren’t enough jobs to be had for more than 3/4 of the U.S. workforce to switch to a new one. Searching for a new job in a slow economy can be incredibly frustrating, so it’s no wonder most people couldn’t keep this promise to themselves. If you find yourself stuck in a job you hate and can’t seem to find your next position, think about what you really want from a new job. If it’s money, consider freelancing on the side or rethink your money habits until you find your next move. If you’re looking for more creative freedom, find a hobby or a project that can keep you fulfilled until you land a new job.

6.Spend more time with family: When you’ve had a nice time with your extended family, you might think you’d like to see them more throughout the rest of the year. If you’ve been bogged down at work, you might also like to spend more quality time with your spouse and kids. It’s all nice in theory, but it’s harder to pull off than you probably anticipate. When family members live far away, you have to coordinate work schedules, use vacation days, and pay for flights to get together. Also, heavy work loads don’t often slow down when you want them to. If you want to keep this resolution, you should start planning now. Flights are cheaper and vacation days are easier to get off when you schedule them months ahead. For quality time at home with your family, start having weekly game or date nights or reserve a small amount of time each day to go outside and play with the kids.

7.Learn something new: This common resolution is so ambiguous, it’s hard to see it through. You probably have something in mind when you tell yourself on New Year’s Day that this is the year that you expand your horizons, but you also need to have an idea of how you’re going to accomplish this goal going into it. You’ve probably already mastered the skills you actually need in life, so you’re going to have to put effort into the more obscure ones. If you want to learn a language, you realistically need to join a class or group so you can practice speaking and listening to it. If you want to learn to woodwork, you’ll have to buy all the equipment and learn how to use it safely. It’s easy to see how learning one new thing can quickly become overwhelming. Some travel sites suggest making a vacation out of the learning experience and take a trip to a place where you can devote a week or two to the skill while still having fun.

8.Volunteer: Volunteering your time to help others in need seems like a good idea while you’re still feeling warm and fuzzy from the Christmas spirit. Well, it is a good idea, but it’s not one that’s commonly followed through on. With most of the other resolutions, there’s a goal that you’ll hopefully reach in the end after you’ve dedicated your time to it. Volunteering begins to slip down your priority list since you don’t see any real benefits, and when you find out that many organizations require paperwork and training before you can do your good deeds, you might just give up. For the best chances, volunteer with a group you’re already part of, like your church or kid’s school.

9.Drink less: Drinking less probably weighs heavy on your pounding mind right after your rocking New Year’s parties, but many people forget about their cruel hangovers as soon as the next party invite comes along. It can be easy to lose track of how many drinks you’ve had once you start throwing them back, making it almost impossible to consume less. The solution to keeping this resolution comes before you set foot in a bar or party. Figure out exactly why you want to drink less so you can remind yourself of it throughout the night and before you go out, set a limit to how many drinks you’re going to have and don’t stray from it. If possible, have someone with you who will keep you accountable or you could just volunteer to be the designated driver.

10.Fall in love: It’s probably obvious why this is a terrible New Year’s resolution. If you’re single, it’s not because you’ve never vowed to fall in love before, like it’s that easy to just promise yourself you’ll find “the one” in the next 12 months. Falling in love takes two people who can meet each other’s needs and are ready for a committed relationship, and there really aren’t any shortcuts to finding it. If your goal is to find someone this year, the only thing you can really do is to become the best version of yourself you can and put yourself out there. Figure out exactly what you want out of a relationship and work on becoming a more patient, kind individual — the kind of person you would want to date. Then start moving outside of your comfort zone to meet new people and be brave when making your move.

Clock of Time

2012-01-04T09:53:00.000-08:00

Very timely srticle for the start of 2012. All the best this year.Jared

Clock of Time
By Napoleon Hill
The hands of the Clock of Time are moving swiftly onward! We cry out, "Backward, turn backward O Time in your flight," but Time does not heed your cries.
It is later than you think!

Arouse yourself, fellow wayfarer; awake and take possession of your own mind while you still have enough Time to become, during the yet unexpired future, that which you would have liked to have been in the past.
Make the most of your present allotment of Time, with the hope that you will not have to reincarnate in order to do the job all over again because of neglect.
You have been warned!

Now the responsibility is YOURS. There is a simple test by which you may judge whether or not you have been using your Time to best advantage. If you have attained peace of mind and material opulence sufficient for your needs, your Time has been properly used. If you have not attained these blessings, your Time has not been properly used, and you should begin now to search for the circumstances in connection with which you have fallen short.

The truly great people have no such reality as "idle time," because they keep their minds geared eternally to patterns of constructive thought. By this profound use of their Time, they develop an alert sixth sense through which they look, listen, and see from within.
If negative thoughts stray into the minds of the truly great, these thoughts are immediately transmuted into positive thoughts and exercised by positive physical action appropriate to their nature.
Tick, tick, tick - the pendulum of the Clock of Time is swinging rapidly!
The entire face of civilization is undergoing an uplifting operation.
Mr. Right and Mr. Wrong are engaged in mortal combat for supremacy. The Time has come for everyone to stand up and be counted. The use each of us makes of his individual allotment of Time will tell whose side each of us is on - Mr. Right's or Mr. Wrong's.

Something has speeded up the Clock of Time so rapidly that the last half of the twentieth century will reveal to mankind more individual opportunities for self-improvement that have been revealed during the entire past of man's existence.
Your share of these vast OPPORTUNITIES may be embraced and used only by the way you relate yourself to TIME!
Source: You Can Work Your Own Miracles. Fawcett Columbine Book. 1971.

Revive Your Real Estate Leads

2011-12-28T12:03:00.000-08:00

Here is a great script from my coach Joe Stumpf. Hope you have great success with it!

How To Revive Your Dead Real Estate Leads And Get Appointments NOW
Dec 27, 2011

Here's an interesting statistic:

50% of all real estate leads are never followed up with.

That means people are asking for things and they never hear back from anyone.

How about you? Are you generating real estate leads from your website and/or expensive print ads, but then following up gets pushed down your to-do list because of your crazy schedule, and then further down, and further down, until those leads end up languishing under a stack of paperwork?

Then the stack gets moved from your desk…to a chair…and then maybe filed on the floor.

By the time you get around to resurrecting the leads they've gone way cold. No point in contacting any of them now, right?

Wrong. Turn those old leads into gold…here’s how.

I spoke to Diane Cardano, a Realtor in Philadelphia, Pennsylvania about just such a problem with her old leads. She and her team of six buyer specialists are great at generating leads, and consistent about following up with their email drip campaign. Unfortunately, this tried-and-true strategy that had worked well in the past wasn't working so well anymore. As Diane put it, "Things were really slowing down. We had all these leads, but nobody was committing to come into the office."

Lots of leads – wanted appointments right NOW.

I gave Diane an easy follow-up strategy that we've tested and proven to work regardless of whether the lead is cold or fairly recent.

I call it the "Nine-Word Email."

Here it is:

Email subject line: Lead's First Name

Email message: Are you still looking for a home in ___________?

So your email might look like this:

======================
Subject: Richard

Are you still looking for a house in Shadow Ridge?
======================

That's it – nine words. (Ok 10)

Diane and her team got the city or area from the information their leads had put in their search parameters. Then they started sending the emails, and in just two weeks this strategy brought them five new ready-to-act buyers. Plus, they heard from additional people who said they'd be looking again a few months down the road, and to please keep in touch with them.

Now, it's OK if you're skeptical – Diane was, too. When she called me to share her results, she confessed that she'd thought, "Of course this can't work – it's way too easy."

Diane also 'fessed up that putting just the lead's first name in the subject line was contrary to everything she believed an email should be; that is, putting your whole life story in the subject line and then your whole life story again in the email. Simple and effective.

That's that tried-and-true strategy I mentioned earlier.

So, here it is again: The formula that brought Diane and her team five buyers in just two weeks:

Email subject line: Lead's First Name

Email message: Are you still looking for a home in ___________?

That's it – nine words.

Include your contact information, of course.

And of course, don't send your emails unless you're committed to following through and ready to meet prospective buyers now, and add future buyers to your pipeline.

Don’t let anymore commissions slip through your fingers, OK?

Drop me a comment on Facebook when you revive some of your old leads.

http://www.facebook.com/ByReferralOnly

Self-Confidence Formula

2011-12-16T16:06:00.000-08:00

Self-Confidence Formula
By Napoleon Hill
1) I know that I have the ability to achieve the object of my definite purpose in life; therefore, I demand of myself persistent, continuous action toward its attainment, and I here and now promise to render such action.

2) I realize the dominating thoughts of my mind will eventually reproduce themselves in outward, physical action, and gradually transform themselves into physical reality; therefore, I will concentrate my thoughts for thirty minutes daily, upon the task of thinking of the person I intend to become, thereby creating in my mind a clear mental picture.

3) I know through the principle of autosuggestion, any desire that I persistently hold in my mind will eventually seek expression through some practical means of attaining the object back of it; therefore, I will devote ten minutes daily to demanding of myself the development of self-confidence.

4) I have clearly written down a description of my definite chief aim in life, and I will never stop trying, until I shall have developed sufficient self-confidence for its attainment.

5) I fully realize that no wealth or position can long endure, unless built upon truth and justice; therefore, I will engage in no transaction which does not benefit all whom it affects. I will succeed by attracting to myself the forces I wish to use, and the cooperation of other people. I will induce others to serve me, because of my willingness to serve others. I will eliminate hatred, envy, jealousy, selfishness, and cynicism, by developing love for all humanity, because I know that a negative attitude toward others can never bring me success. I will cause others to believe in me, because I will believe in them, and in myself. I will sign my name to this formula, commit it to memory, and repeat it aloud once a day, with full faith that it will gradually influence my thoughts and actions so that I will become a self-reliant, and successful person.
Source: Think and Grow Rich Chapter 3: Faith

Turn Frustrations into Systems

2011-12-07T10:30:00.000-08:00

Here is a great article that i came across this morning.

Turn Frustrations into Systems
2011 | Dec 7 in Home Page News , Management , Leadership

By Joe Wollenweber, Senior Coach

Jayne’s business was eroding.

Areas of her business that were previously fertile and profitable were now barely breaking even.

She was frustrated and she needed to increase revenue.

If you follow the dictates of systemization, you might quickly arrive at the conclusion that her lead generation and lead conversion systems needed to be innovated.

But that's not necessarily right.

In fact, leaping straight to a solution can do more harm than good.

The System of Thinking
Creating effective systems requires systemic thinking.

Now, that statement is not as obvious as it may first seem. Too often, one’s first response to addressing a frustration is to simply rush to install a system that will make the frustration stop.

But, that’s like taking a pill to stop the pain without identifying its origin.

A business is a reflection of its owner. Therefore, it’s imperative to look at yourself, as the owner, and first consider what you might be doing to cause the problem and not just leap to a solution.

Systemic thinking is, therefore, the act of thinking systematically. Step by step.

I knew it was time to introduce Jayne to E-Myth’s premier problem solving exercise, the Key Frustration Process.

I started from the beginning.

“So your basic frustration is a lack of revenue, right?” I asked her this question as a way to get her to ‘stop’ and focus in on the true underlying condition causing the frustration.

“Yes, Joe, I thought that was clear,” Jayne replied with a sigh. I was getting the sense that she felt going over it again or delving deeper didn’t much appeal to her.

Why?
Children are natural systemic thinkers. Their favorite word is “Why?” Sometimes, the best coaching approach is to model a precocious 5-year-old.

I knew Jayne needed to be both challenged and supported since it was hard for her to look at the actual conditions in the business that might be causing the results that were making her unhappy. Jayne tended to blame the outer economic situation; and the changing face of her industry. But I knew there was a deeper reality going on here and that’s exactly what the Key Frustration Process aims to address.

“Why has revenue not kept pace year over year?” I asked.

“Like I said, the environment has changed ” she insisted.

“Why do you believe that it’s the outer environment and not something internal to your company?”

“I just do.”

“Why?”

“Because it’s all the same people involved,” Jayne said with an air of frustration that facing the truth often brings if you’re not prepared for the answer.

It’s my job, as Jayne’s coach, to push her further than she would go on her own.

“Why would you accept that it’s an outer directed problem?”

“Because I’m making that assumption,” she replied.

“Good, that’s exactly it. Now, why would your sales people accept the results they are getting?” I asked.

“Um-mm,” she murmured. “Could it be that we really don’t have a way to focus them on targets and hold them accountable?”

“Might be. Why do you think that?”

“Well I have to admit, the entire culture around here is kind of lax in that regard. We just expect our folks to do it, and come to me if they can’t.”

“And how that’s going for you?” I asked.

“Well, the results tell the truth, right?” She replied.

“They keep the score if that’s what you mean. Why haven’t you been able to change those results?”

“Well I think it must have something to do with the fact that we lack any real accountability in our company. We just kind of stopped when we started to lose clients.”

“Why don’t you track your sales activity goals and your conversion rates?” I asked.

“Because we just stopped doing it,” Jayne acknowledged.

“So you see,” I said, “you seem to have identified a much deeper condition than simply needing a new lead generation or conversion system. It’s certain you may need to innovate these systems, but unless you solve this underlying problem of accountability, it will be like putting on a band-aid before you’ve stopped the arterial bleeding."

Graphic, but it made the point.

“Yes!” Jayne cried out, “you’re absolutely right. We’ve let ourselves believe we were doing all we can, but in truth, we gave up holding people accountable in any real fashion, and now we’re suffering the consequence of this.”

How It Works
Jayne decided, based on our coaching conversation, to create better expectation agreements with goals and measurements that were discussed in regular 1-on-1 accountability meetings with her salespeople.

In just a few weeks of these adjustments, Jayne started to notice a real difference with her staff. They now knew what was expected of them and how they were going to be measured and held accountable.

It is easy to find a system solution. But if in the process you haven’t addressed the shortcomings of your culture, leadership dysfunctions or other habits that need shifting, you may stamp down the fire - or stop the immediate pain - but you’re likely to leave the most critical flammable material still smoldering in the background. You won’t have transformed your business. Which do you want to achieve?

If you haven’t before experienced the power of the Key Frustrations Process – the premier exercise in thinking systemically – I’d suggest learning more about our Key Frustrations Process online seminar. Begin to systematically identify and eliminate the core frustrations in your business and life.

If you are an E-Myth Mastery client, you’ve probably already taken our Key Frustrations process for a test-drive. You might want to take it for another spin, with your 5-year old in the back seat, asking “Why?”

Mortgage Survey Highlights

2011-12-02T12:15:00.000-08:00

Good Afternoon,

November 2011 CAAMP Mortgage Survey Highlights

In CAAMP's media release this month, President and CEO Jim Murphy expressed optimism at the steps Canadians have taken over the past year to get their fiscal house in order.

“Despite less than positive feelings towards the economy, or maybe because of that, Canadians are showing a level of prudence in their decisions that is inspiring,” said Murphy. "A vast majority of mortgage holders has considerable capacity to afford rises in mortgage interest rates."

“That suggests to us that there is no need for policy makers to introduce new measures that would reduce housing activity.”

Below are the highlights:

The Real Estate Market
• 13.6 million: The number of households in Canada (9.55 million of these are owner-occupied)
• $3.017 trillion: Value of owner-occupied housing in Canada
• 7.27 out of 10: Respondents’ average rating of the statement: “Real estate in Canada is a good long-term investment”
[A rating of "1" means they disagree completely. A rating of 10 means they agree completely.]
• 450,000: Housing resales in the past year (source: CREA)
• 184,800: Number of housing starts forecast for 2011 (vs. 190,000 in 2010)
The Mortgage Market
• 5.80 million: Number of owner-occupied households with mortgages
• 3.75 million: Number of owner-occupied households that do not have mortgages
• 80%: Percentage of people who get a mortgage when buying a home
• 7.7% ($80 billion): The forecasted growth in residential mortgage credit for 2012, according to report author Will Dunning. (For 2012, the expected growth is 7.3%.)
Debt
• 7.98 out of 10: Rating given by respondents to the statement: “As a whole, Canadians have too much debt”
• $1.079 trillion: Value of outstanding Canadian residential mortgages
Renewals & Refinancing
• 32%: Percentage of home owners with mortgages who had some form of mortgaging activity in the past year
o 9% (525,000) took out a new mortgage
§ $216,000: Their average mortgage principal
o 23% (1.35 million) renewed or renegotiated
§ $157,000: Their average mortgage principal
o 1.9 million either took out a new mortgage, renewed or refinanced
§ $326 billion: Total mortgage volume from the last 12 months
• Of those who renewed or refinanced:
o 21% changed lenders
79% stayed with the same lender
• 7.28 out of 10: Respondents’ average rating of the statement: "How likely are you to place your mortgage through the same lender?"
[This data point was not published in the report but was part of the survey. People are obviously inclined to stay with their existing lender, largely out of comfort and convenience of not having to re-apply elsewhere. Research shows that people who stay with their existing lender often, but not always, pay higher mortgage rates.]

Early Renewal Penalties
• 15% (850,000): Percentage of the 5.8 million home owners who refinanced early (before maturity)
o 53% paid no penalties due to renewing with the same lender
[Note: People don't always pay a penalty out of pocket. This 53% likely includes renegotiated mortgages with blended rates, which often have the penalty built in.]
o 9% paid penalties of less than $1,000
o 14% paid a penalty of between $1,000 to $2,499
o 6% paid a penalty of $2,500 to $4,999
o 18% paid a penalty of $5,000 or more
[A big penalty doesn't automatically mean you shouldn't refinance. Your broker or lender rep can easily do a breakeven analysis. That quickly confirms the economic benefit or cost of breaking your existing mortgage.]
• 500,000: Number of mortgages renewed on schedule (over the past 12 months)
[If you're coming up for renewal, start your mortgage hunt a minimum of 120 days before closing...and get a rate hold to protect yourself.]

Mortgage Type
• 60%: Percentage of mortgage holders with a fixed rate mortgage
o 72% of which have always had a fixed rate
o 28% had a variable at some point
§ Half of this 28%, or roughly 450,000 households, switched from variable to fixed within the last 12 months
• 31%: Percentage of mortgage holders with variable or adjustable rate mortgages
o 33% say their mortgage was always variable/adjustable
o The remaining two thirds have switched from fixed rates. Of those:
§ 22% (or 400,000 households) made that switch within the past year
§ 45% switched more than a year ago
[Within the past year specifically, 37% of borrowers took variable rate mortgages. CAAMP attributes this increase in variable popularity to:
1. The near-2% spread between fixed and variable rates over the last year
2. The expectation that rates will stay low.
3. The concept of “mortgage lifecycles” (i.e., Young homeowners are more likely to choose fixed rates. As they age and are in a better financial position, they opt for lower rates over security.

Despite the above, we've see a huge shift back to fixed rates as of late. That's due largely to lenders slashing variable-rate discounts.]
• 8%: Percentage with “combination” mortgages (i.e. part variable and part fixed...aka., hybrid mortgages)
[People just aren't biting on hybrids, despite the advertised benefit of diversifying one's interest rate exposure.]

Amortizations
• 22%: Percentage of Canadian mortgages with amortizations over 25 years
o Two years ago, 18% had amortizations over 25 years
o Three years ago, 16% had amortizations over 25 years
[As home prices rise, so has demand for the greater affordability of long-term amortizations.]
• 41%: Percentage of homeowners who purchased in 2011 and chose an amortization period longer than 25 years
• 90%: Number of mortgage holders who expect to "considerably shorten their amortization period"
• 8%: Number of mortgage holders who expect to lengthen their amortization
Interest Rates
• 3.92%: Average interest rate paid by mortgage holders
o Down from 4.22% a year ago
• 1.46: The estimated average discount rate off posted 5-year fixed rates (in percentage points)

Study Details
The data quoted from this report was commissioned by CAAMP and produced by Will Dunning, Chief economist of CAAMP, in collaboration with Maritz. This report is based on online survey responses from 2,000 Canadians compiled between from October 20 and 25, 2011.

With the Holiday Season just around the corner, it is time to plan for the closings during the busy Season.

Our office will be closed on December 26th and 27th, with part-time hours December 28-30th. We too will be closed January 2nd to enjoy the Holidays with family and friends. If at anytime you need to get a hold of me, simply send me an email or call, I'm her to help.

Warm Regards,

www.dreyergroup.ca
jared@dreyergroup.ca

2012 Almost Here, Are You Planning Ahead?

2011-11-29T16:24:00.000-08:00

We just had our broker planning session for 2012. We meet outside of the office for 5 hours to go over goals, business plans and marketing plans for 2012. A large component of that was social media. I believe we need more mortgage brokers adopting the social media message of how Good a job a full time, independent, mortgage professional can do for Canadians.

We save clients time, money and provide a lot extra value to the consumer. We also all agreed the follow up and speed back to the client is going to be even more important in 2012 then it already is.

Brokers need to start looking at all the opportunities we have in the mortgage industry vs what has been taken away. With a 27% market share, that means we have 73% growth opportunities. Refocus our efforts and look for those opportunities.

Early Start New Years Resolution

2011-11-17T16:36:00.000-08:00

Make paying the least amount on your mortgage an easy and achievable New Years Resolution with Dreyer Group.

STEP I - If you have a fixed rate mortgage over 4%, or if you know someone who has a mortgage over 4% - pick up the phone and call us.

STEP 2 – After a swift and painless analysis of your current situation - we will place you with a new lender at a lower interest rate and pay out any penalty (only if it makes sense of course). We can even pay out some of your smaller debt at the same time.

STEP 3 - You go into the New Year with a lower interest rate mortgage, your debts paid off and a lower monthly payment.

Call my office now – 604 536-5802
Questions, We're Here to Help.

Jared Dreyer, Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

(All applications are on approved credit).

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network
As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Mortgage Holders Save 2.7Billion In One Year?

2011-11-14T16:10:00.000-08:00

Go to variable rate; Homeowners focused on finances, survey finds
By GARRY MARR, Postmedia News; Financial Post November 10, 2011

Canadians saved $2.7 billion in the past year renewing or refinancing their mortgages, and the betting money among consumers seems to be that interest rates are not going up any time soon, according to a new survey.

The Canadian Association of Accredited Mortgage Professionals says 37 per cent of Canadians opted for a variable rate mortgage in the last year, pushing up the overall percentage of Canadians floating with prime – and vulnerable to Bank of Canada rate hikes – to 31 per cent.

But the group maintains Canadians are not overexposed to a potential rising rate environment with the survey finding 84 per cent say they could handle a rate increase that boosted their mortgage payments by $200 per month. The average amount of room Canadians say they could afford on top of their current costs is $750 per month.

“Overall, our survey paints a picture of Canadians generally and homeowners in particular as very focused on their finances,” said Jim Murphy, president of CAAMP. “They are planning ahead, aggressively paying down their mortgage in advance of any economic jolt.”

Government policy that cracked down on refinancing rules may also be having an effect on the market. Earlier this year Ottawa tweaked the rules on refinancing, restricting consumers to 85 per cent debt on the value of their home, down from 90 per cent.

CAAMP said Canadians have become conservative about taking equity out of their home, with 10 per cent of mortgage holders doing so in the last year, a drop from 40 per cent a year earlier.

“There is no need for policy-makers to introduce new measures that would reduce housing activity,” said Murphy, his comments clearly aimed at suggestions the market needs even more governance and tighter measures such as increased minimum downpayments.

It’s clear Canadians are enjoying the low interest-rate environment that CAAMP says lowered the average mortgage rate to 3.92 per cent from 4.22 per cent. The effect is that among the 1.35 million mortgage borrowers who renewed or refinanced in the past year, the savings was $2.7 billion.

Filed Under: Mortgage News Tagged With: save on renewing mortgage

Lest We Forget

2011-11-10T15:36:00.000-08:00

And I'm proud to be a Canadian, where at least I know I'm free. And I won't forget the men/and women who died, and gave that right to me.

~Unknown

Good Afternoon,

While creating this email, I spent many an hour viewing different Remembrance Day tributes to the soldiers and families that sacrificed and continue to sacrifice so much for our freedom. Of course as we do, I related it back to my personal situation and could not imagine the pain of sending my two young sons off to war at 16 and 17 years of age. However, that is what 22 million families did in the Second World War. Sacrifice was made by so many. And sacrifice is still being made today by so many.

My very own nanny spent 6 years of her life going to bed in an underground bunker. Every night from the age of 6-12 with hundreds of other families, she drifted off to sleep with the sound of bombs dropping overhead. It is so hard to imagine.

I too was shocked to discover that over 56 million lives (civilian and military) were lost during the Second World War. I think, what would we have done if people didn’t go out and fight? Where would be today? I read a letter from a soldier to his father and it said, “Please don’t forget me”…. He died the next day.

Lest We Forget

In Honor of Canadian Soldiers VIDEO

In Flanders Fields

In Flanders Fields the poppies blow
Between the crosses row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.
We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.
Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

By: Lieutenant Colonel John McCrae, MD (1872-1918)
Canadian Army

Warm Regards,
Jared Dreyer, AMP
604 649-5991
jared@dreyergroup.ca
Dreyer Group Mortgages Inc.
Proud Member of the VERICO Brokers Network

________________________________________
About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business. Copywrite © 2008

Mankind must put an end to war before war puts an end to mankind.
John F. Kennedy

Never think that war, no matter how necessary, nor how justified, is not a crime. Ask the infantry and ask the dead.
Ernest Hemingway

Why the poppy?

The association between the poppy and war dates back to the Napoleonic wars, when a writer saw a field of poppies growing over the graves of fallen soldiers.

During the Battle of Ypres in 1915, Canadian Lt.-Col. John McCrae was inspired to write the poem In Flanders Fields on sighting the poppies growing beside a grave of a close friend who had died in battle.

The poem was a great inspiration in adopting the poppy as the Flower of Remembrance in Canada, France, the U.S, Britain and Commonwealth countries.

The first poppies were distributed in Canada in 1921.

Raise Money For Kids

2011-11-08T16:23:00.000-08:00

Tony the Tiger Gives Hugs for Kids at the
4th Annual Dreyer Group Partner Appreciation Event – South Surrey

Dreyer Group Mortgages hosted their 4th Annual Partner Appreciation Event to raise money for kids October 17th. Dreyer Group Smiles, Dreyer Groups charity launched in 2008, gives monies to homeless shelters and transition homes that house children in our local communities. “We’re very grateful for the support to of our business partners and members of the community coming to our event and helping to raise over $1400.00 for kids” says Jared Dryer, President Dreyer Group Mortgages. In addition, a portion of every mortgage Dreyer Group funds throughout the year goes towards safe housing for kids. “It’s a cause that means a lot to us” adds Dreyer who, as a Mortgage Broker, puts people in homes everyday. “For these kids, a roof over their heads and a warm bed is sometimes all they have.” To find our more about Dreyer Group Smiles or to donate online, visit www.dreyergroup.ca/smiles

Habits Of Thought

2011-11-04T14:12:00.000-07:00

Here is a great read on how you need to refocus your thoughts throughout the day. The key as with anything is to be consistent. As my Dad has said repetitious boredom is not bad thing in business or life.

Habits of Thought
By Napoleon Hill

The drifter makes no attempt to discipline or control his thoughts, and he never learns the difference between positive thinking and negative thinking. He allows his mind to drift with any stray thought which may float into it. People who drift in connection with their thought habits are sure to drift on other subjects as well.
In an allegorical account of an interview with the devil it was stated that the devil said he feared nothing except that the world might sometime produce a thinker who would use his own mind, adding significantly that he controlled all drifters who neglected to use their own minds. The devil is not the only individual who exploits the drifter. And the drifter is the victim not only of all those who wish to exploit him, but he is also the victim of all the stray, negative thoughts which park themselves in his mind.

The non-drifter takes full possession of his own mind through self-discipline, and organizes definite plans and purposes. He directs his mind to whatever ends he desires, and he keeps his mind occupied with the things he wants and off the things he does not want.

A positive mental attitude is the first and the most important of the twelve riches of life, and it cannot be attained by the drifter. It can be attained only by a scrupulous regard for time, through habits of self-discipline. No amount of time devoted to one's occupation can compensate for the benefits of a positive mental attitude, for this is the power which makes the use of time effective and productive.
A positive mental attitude does not grow voluntarily, like the weeds of the fields. It requires cultivation, through carefully disciplined habits of thoughts. And the greatest of all training grounds for the cultivation of a positive mental attitude is provided by one's chosen occupation, where he spends the greatest part of his life. Here you may combine your efforts to make them financially productive and to develop a positive mental attitude.

When you get your own thought habits under control, you will have yourself under control, but you cannot do it by drifting. Organize your thoughts. Decide what you want, to what position in life you aspire. Then plan ways and means to express your thoughts, in terms of organized action. Follow through with applied faith and unremitting persistence. This is the means by which you can become the master of your fate, the captain of your soul.
Waste no time worrying about what others may think. The important thing is what you think and do.
Source: PMA Science of Success Course, Educational Edition. Pgs. 463 & 464

Quick Read On Eternal Change

2011-10-28T10:51:00.000-07:00

Eternal Change
By Napoleon Hill
Strange also is the fact that only one thing is permanent in this universe—eternal change. Nothing remains exactly the same for even a second. Even the physical body in which we live changes completely with astonishing rapidity.

You can test these statements against your own experience.
When a person is struggling for recognition and to get a few dollars ahead, seldom will he find anyone to give him a needed lift. But once he makes the grade—and no longer needs help—people stand in line to offer him aid.

Through what I call the law of attraction, like attracts like in all circumstances. Success attracts greater success. Failure attracts more failure.
Throughout our lives we are the beneficiaries or victims of a swiftly flowing stream which carries us onward toward either success or failure.
The idea is to get on the “success beam” rather than on the “failure beam.”

How can you do this? Simple. The answer lies in adopting a positive mental attitude that will help you shape the course of your own destiny rather than drifting along at the mercy of life’s adversities.
Source: Miami Daily News, Summer, 1956.

Charity Event A Huge Success

2011-10-28T09:53:00.000-07:00

Thank you for making our event a huge success!

Good Afternoon!

I want to say a special thank you to all of those that came to our 4th Annual Partner Appreciation Event. We raised over $1400.00 for safe housing for kids as well as enjoy great food, lively conversation with old and new friends and superb music by Laura Thibeault and Gord Scott.

This year, Neil Yarmoshuk and Jay Van Unen were the successful highest blind bidders for our 3 nights Whistler Package generously donated by First National, TD Canada Trust and Reliable Mortgages. Many thanks and congratulations!

Hugs for Safe Housing
At our event, Partners made donations to our charity Dreyer Group smiles for hugs by a supersized stuffy – Tony the Tiger. Our Charity was started in 2008 and portion of every mortgage funded by our team as well as fundraising efforts from our events goes towards shelters and transitional homes for kids in our communities. We are proud to help these venerable kids who desperately need a warm home and hope for a brighter future.

I would like to again thank our generous sponsors who continue to make our event very special:

Aquamarine Catering
Bernard Callabeat
CGB Insurance Brokers
CIBC Wood Gundy
First National Financial
J Gregory Men’s' Apparel
KNV Accountants

Magna Graphics
Merix Financial
Reliable Mortgages
Scotia Bank
Spagnolo & Company
Street Capital Financial
TD Canada Trust

And a very special thank you to Scott Allen and his team of amazing young athletes at Trinity Western University for coming out and helping making our event successful again this year. To find out when the TWU basketball team is playing, click here. Take the whole family. It's a really fun night out.

Finally, a BIG HUGS thank you to Taylor Lorenz, AKA Tony the Tiger for spreading the love!
We hope you had as much fun as we all did!

Jared Dreyer & Team
Your Mortgage Professionals
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Many thanks to our sponsoring partners!

We also would like to thank those companies that provided door prizes for our event!
International Gems
Fresh Hair Salon
Brawn Karras and Sanderson
TD Canada Trust
Reliable Mortgages
Innovative Fitness
Envision Financial
Macintosh Appraisals
Coast Capital Savings
ISI Insurance
KN&V Chartered Accountants

What Makes You Successful?

2011-10-20T16:00:00.000-07:00

I had the opportunity recently to spend a day with 50 of the top real estate and mortgage originators in North America. Our coach Joe Stumpf lead us through some great questions, which of course lead to great answers.

My answer to the above questions is mental toughness. To work hard every day and give of yourself 100% requires a lot of energy. This comes from self discipline and will power. These are the two ingredients to mental toughness and high self esteem. The great news is that these are learned skills and can be practiced everyday. Consistency in these areas is the key to creating the life you want.

All success comes from you and your mind. The stronger your mind, the greater you give to other people. There is a reason why THINK BIG is so popular.

Where is Canada Mortgage Market Going?

2011-10-12T17:01:00.000-07:00

We have seen numerous articles written about the health/state of the Canadian mortgage market.Some bad, some good. Having been in the market for 19 years and seen a lot of changes. There is really only one answer, Constant Change. The mortgage market in Canada always changes. The lenders change the rules, government steps in and changes rules. Lenders you work with decide one day they are no longer going to lend in Canada. Banks decide to get out of the broker origination business. New companies spring up, old ones fade away. All the while, mortgage rates are going up and down. The Canadian consumer needs to know the value of using an independent, full time, mortgage professional. This way the client can make the choice on how the mortgage market is doing. One payment at a time. Work at doing the best for your client, referral partners and embrace change. Doing this will ensure that you will say the mortgage market is healthy and doing well.

How Did So Many Get So Rich?

2011-09-28T16:36:00.001-07:00

Carlos Slim Helu
Worlds Richest Man 2011 - Forbes Magazine

How did so many get so rich?

The ranks of the super rich are exploding. There are 500 U.S. billionaires today, up from 13 a few decades ago. But what did these folks do to accumulate so much wealth?

Some started out poor, others didn't finish college, and many failed before succeeding.

Yet, they overcame their hurdles and rose to the top. More important, are they so different from the rest of us?

U.S. News uncovers the top 7 Secrets of the Super Rich....

1. Perseverance beats education.
“Smartness is an ability to absorb new facts. To ask an insightful question. A capacity to remember. To relate to domains that may not seem connected at first.” – Bill Gates
“I think I overcame every single one of my personal shortcomings by the sheer passion I brought to my work. I don’t know if you are born with this kind of passion or if you can learn it. But I do know you need it.” – Sam Walton
2. Make your own luck.
“I don’t consider myself to be lucky. I think luck is preparation meeting a moment of opportunity.” – Oprah Winfrey
Luck can also be defined as having vision or being flexible or forward thinking. – Anna Isgro
“I don’t remember any mistakes, only the opportunity to overcome problems.” – James Sorenson
“Vision is what determines who will be a leader. Great leaders can see how a situation will play out and take action in response.” – Robert Kiyosaki
3. Gamble, but wisely.
“People who win are careful with their thoughts, not saying ‘I can’t do that.’ Or ‘It’s too risky.’ Or ‘I can’t afford it.’ Instead they say, ‘How can I do that?’ Or ‘How can I reduce my risk?’ Or ‘How can I afford it?’” – Robert Kiyosaki
4. Know your market…intimately.
“Experts have more highly differentiated cognitive abilities. They can see opportunities others can’t and figure out how to turn them into a business.” – Kelly Shaver
5. Focus obsessively
“The rich don’t base their actions on what’s easy and convenient.” – T. Harv Eker
“If you don’t know every aspect of what you are doing, down to the paper clips, you’re setting yourself up for some unwelcome surprises.” – Donald Trump
6. Timing is everything.
“I had zero expectations that the market was efficient or had a clue about what it was doing. So when I had the opportunity to protect myself, I did. – Mark Cuban
7. It’s not just (or even mostly) about the money.
“No one is saying that they don’t like wealth; but what matters more is the innovation, the intense commitment they have to an idea and the difference it can make. Money is the byproduct.” – Raphael Amit, Wharton

Top 50 Billionares in the World - Forbes Magazine 2011
Rank
Name
Net Worth
Age
Source
Country of Citizenship

1
Carlos Slim Helu & family $74 B 71 telecom Mexico
2
Bill Gates $56 B 55 Microsoft United States
3
Warren Buffett $50 B 81 Berkshire Hathaway United States
4
Bernard Arnault $41 B 62 LVMH France
5
Larry Ellison $39.5 B 67 Oracle United States
6
Lakshmi Mittal $31.1 B 61 Steel India
7
Amancio Ortega $31 B 75 Zara Spain
8
Eike Batista $30 B 54 mining, oil Brazil
9
Mukesh Ambani $27 B 54 petrochemicals, oil & gas India
10
Christy Walton & family $26.5 B 56 Walmart United States
11
Li Ka-shing $26 B 83 Diversified Hong Kong
12
Karl Albrecht $25.5 B 91 Aldi Germany
13
Stefan Persson $24.5 B 63 H&M Sweden
14
Vladimir Lisin $24 B 55 Steel Russia
15
Liliane Bettencourt $23.5 B 88 L'Oreal France
16
Sheldon Adelson $23.3 B 78 casinos United States
17
David Thomson & family $23 B 54 media Canada
18
Charles Koch $22 B 75 Diversified United States
18
David Koch $22 B 71 Diversified United States
20
Jim Walton $21.3 B 63 Walmart United States
21
Alice Walton $21.2 B 61 Walmart United States
22
S. Robson Walton $21 B 67 Walmart United States
23
Thomas & Raymond Kwok & family $20 B N/A real estate Hong Kong
24
Larry Page $19.8 B 38 Google United States
24
Sergey Brin $19.8 B 38 Google United States
26
Prince Alwaleed Bin Talal Alsaud $19.6 B 56 Investments Saudi Arabia
27
Iris Fontbona & family $19.2 B N/A Mining Chile
28
Lee Shau Kee $19 B 83 real estate Hong Kong
29
Alexei Mordashov $18.5 B 45 Steel Russia
30
Michael Bloomberg $18.1 B 69 Bloomberg United States
30
Jeff Bezos $18.1 B 47 Amazon United States
32
Michele Ferrero & family $18 B 84 chocolates Italy
32
Mikhail Prokhorov $18 B 46 Investments Russia
34
Vladimir Potanin $17.8 B 50 nonferrous metals Russia
35
Alisher Usmanov $17.7 B 58 steel, telecom, stocks Russia
36
Azim Premji $16.8 B 66 Software India
36
Oleg Deripaska $16.8 B 43 aluminum Russia
38
Michael Otto & family $16.6 B 68 Retail Germany
39
Rinat Akhmetov $16 B 44 steel, coal mines Ukraine
39
German Larrea Mota Velasco & family $16 B 57 Mining Mexico
39
John Paulson $16 B 55 hedge funds United States
42
Shashi & Ravi Ruia $15.8 B 67 Diversified India
43
Mikhail Fridman $15.1 B 47 oil, banking, telecom Russia
44
Michael Dell $14.6 B 46 Dell United States
44
Susanne Klatten $14.6 B 49 BMW, pharmaceuticals Germany
46
Steve Ballmer $14.5 B 55 Microsoft United States
46
George Soros $14.5 B 81 hedge funds United States
48
Berthold & Theo Jr. Albrecht & family $14.4 B N/A Aldi, Trader Joes Germany
49
Birgit Rausing & family $14 B 87 packaging Sweden
50
Vagit Alekperov $13.9 B 61 Lukoil Russia
51
Aliko Dangote $13.8 B 54 sugar, flour, cement Nigeria

Warm Regards,

Jared Dreyer, Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.29% 5 Year Fixed Mortgage Rate

Prime - 60% (2.40%) 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

TAKE A MINUTE TO BE
INSPIRED

Right off topic but very inspirational is an audition I watched for the new TV series the X-Factor. Take a minute to watch it now, you will be glad you did! The comments at the end from the judges are pretty amazing too.

Watch Video Now

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Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

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Why The Increase In Variable Rate Mortgages?

2011-09-23T11:18:00.000-07:00

The secret to the sudden increase in variable rate mortgages

Why could I get Prime minus .90 last week and today it is Prime minus .25?

September 22, 2011 (Vancouver) – A great question, says the Mortgage Brokers Association of BC (MBABC), especially when fixed interest mortgage rates are remaining the same. The quick answer? As with many things, it all boils down to money.

Over the last couple of months, banks and other lenders have been offering historically low variable interest rates to qualified homebuyers in an effort to attract new clients and mortgage business. In the short term, lenders have been prepared to accept these low profit margins with the knowledge that, as the prime rate inevitably rises, so too will their profit on variable mortgages – a similar ‘loss leader’ tactic used by retailers to get consumers into their door.

“However”, says Geoff Parkin, MBABC’s president, “the recent announcement by Bank of Canada governor, Mark Carney has changed the mortgage lending landscape.” Carney stated that, because of poor performing global markets and continuing economic uncertainty, the benchmark interest rate would remain unchanged. The long-term outlook indicates continuing low fixed interest rates with no significant increases to the Prime rate. “In a nutshell”, says Parkin, “the bank’s theory of anticipating rising profits on variable rates was proven wrong. They’ve had to quickly respond to this situation by reducing the variable rate discount in order to gain back profit.”

What does this mean for consumers who have variable rate mortgages? Much of the same, says Parkin. “We continue to see low fixed rates and the variable rate is under 3.0%. There may still be value in going variable over fixed, but because consumers all have different financial situations and mortgage needs, we recommend they obtain expert financial advice from their MBABC mortgage broker.”

RBC Economic Outlook

2011-09-13T15:37:00.000-07:00

Good Afternoon, I hope this email finds you well. Please see below for Historical Housing Statistics, Bond Rates, Bank Rates and a link to the RBC Economic and Financial Market Outlook.

Total New Housing Starts (Seasonally adjusted and annualized)
Province May
2011 May
2010 June
2011 June
2010 July
2011 July
2010
Newfoundland/Labrador 3,500 3,700 4,600 4,500 4,100 3,300
PEI 800 1,400 700 1,000 1,200 800
Nova Scotia 4,900 4,900 3,700 3,200 5,700 5,800
New Brunswick 2,900 4,900 4,000 4,700 6,000 6,100
Quebec 50,800 48,700 48,300 54,500 45,600 52,900
Ontario 58,200 64,600 74,500 56,100 75,200 53,200
Manitoba 6,400 4,400 5,700 8,100 7,400 9,700
Saskatchewan 5,800 4,300 8,300 6,200 5,600 5,300
Alberta 25,300 27,300 23,600 27,000 24,300 29,200
British Columbia 31,500 24,900 23,200 27,000 30,000 22,800
CANADA 190,100 189,100 196,600 192,330 205,100 189,100
Source: CMHC Housing Now - August 2011 and August 2010. This seasonally adjusted data goes through stages of revision at different times of the year.

________________________________________

Average MLS® Resale Price for Local Markets
City July 2011 July 2010
Halifax $ 262,723 $ 245,944
Saint John $ 158,448 $ 176,061
Quebec $ 240,225 $ 237,605
Montreal $ 317,519 $ 303,317
Ottawa $ 342,925 $ 322,342
Toronto $ 459,122 $ 420,455
Hamilton/Burlington $ 349,235 $ 309,293
Winnipeg $ 238,258 $ 225,191
Saskatoon $ 303,439 $ 289,715
Regina $ 272,548 $ 281,836
Calgary $ 397,613 $ 402,809
Edmonton $ 334,444 $ 329,731
Vancouver $ 761,673 $ 657,815
Victoria $ 467,052 $ 496,943
Source: Canadian Real Estate Association

Bank of Canada Interest Rate
July 19, 2011 1.00 %
September 7, 2011 1.00 %
October 25, 2011 Next meeting date
Source: Bank of Canada

________________________________________

Bank Prime Lending Rate
July 20,2011 3.00 %
September 8, 2011 3.00 %
October 26, 2011 Next meeting date
Source: Bank of Canada
________________________________________

________________________________________

US Federal Reserve Board Discount Rate
June 22, 2011 0.00 % - 0.25 %
August 9, 2011 0.00 % - 0.25 %
September 20, 2011 Next meeting date
Source: US Federal Reserve
*US Federal Reserve has indicated it will keep this rate until Q2 2013

________________________________________

Exchange Rate $CDN($US)
July 28, 2011 1.0509
August 19, 2011 1.0153
September 1, 2011 1.0251
Source: Bank of Canada
________________________________________

Government of Canada Bonds
Bond Type July 27, 2011 August 17, 2011 August 31, 2011
1 year Treasury Bill 1.25 % 0.93 % 0.97 %
3 year BenchmarkBond Yield 1.71 % 1.12 % 1.27 %
5 year BenchmarkBond Yield 2.15 % 1.52 % 1.68 %
10 year BenchmarkBond Yield 2.88 % 2.39 % 2.49 %
Source: Bank of Canada
TORONTO, Sept. 12, 2011 /CNW/ - RBC Economics downgraded their forecast for the Canadian economy in 2011 after a mild contraction in the second quarter and softer growth in the U.S. and Euro-zone economies. According to the latest RBC Economic Outlook issued today, Canada's real GDP is projected to grow by 2.4 per cent this year - a reduction of 0.8 percentage points from the forecast issued in June.

"Financial market volatility certainly took a toll on business and consumer confidence this summer. Our expectation that the global economy will avert another downturn, however, should temper the slide we've been seeing in the equity markets and in commodity prices," said Craig Wright, senior vice-president and chief economist, RBC. "We are cautiously optimistic that Canada's economy will continue to pick up speed next year, growing at a rate of 2.5 per cent."

Since June, increased market volatility has created uncertainties about the global economy. South of the border, the U.S. Federal Reserve recently committed to keeping interest rates low for a sustained period in order to ward off lacklustre growth. RBC expects that the Bank of Canada will do the same until mid-2012, when rate increases are likely to come into effect.

"The Bank of Canada is likely to maintain its key lending rate at one per cent, given lower expectations about the outlook for U.S., a mild contraction in second quarter Canadian growth and benign inflation pressures," said Wright. "Policy will be geared towards supporting fragile business and consumer confidence in the near-term."

Going forward, Canada's headline inflation rate is forecast to drift lower, thanks to the recent declines in commodity prices. RBC projects that core inflation will remain within the Bank's target range, which will alleviate the pressure on the Bank to resume its tightening campaign.

"Canada's labour market has more than fully recovered from the loss experienced in the downturn," said Wright. "As of August, Canada had 164,000 more people employed than during the pre-recession peak and so far this year, employment gains have been concentrated in full-time jobs."

The business investment cycle is on an upswing in Canada, growing at double digit rates throughout 2010 and the first half of this year. More businesses have cash available due to improved profits and better access to financing. The strong Canadian dollar has also provided support for increased investment.

At the provincial level, Saskatchewan leads the way in terms of economic growth, with Alberta and Newfoundland and Labrador following closely behind. Manitoba is projected to improve its economic standing in 2011, while Ontario, British Columbia, and Prince Edward Island fall slightly below the national average. Quebec continues to show mixed results and is positioned with the remaining Atlantic provinces at the back of the pack.

"In the second half of this year, we expect both the Canadian and the U.S. economies to rebound," said Wright. "Global growth will buoy commodity prices and fears of rate cuts will turn into expectations of rate hikes and the Canadian dollar is likely to further appreciate in 2012."

RBC Economics has cut its U.S. growth projection to 1.7 per cent in 2011, representing a full percentage point reduction to growth. To a large degree, this change is a result of a significant downward revision to historical U.S. data that indicated both a deeper recession and a weaker recovery. The downward revision also reflected one-off factors like poor weather conditions restricting non-residential construction activity, the Japanese disasters cutting into auto production and sales, and gasoline price reducing income to spend on other goods and services. As the weight of these factors dissipates, RBC expects growth to pick up. For 2012
, RBC Economics is projecting growth of 2.5 per cent in the U.S.

A complete copy of the RBC Economic and Financial Market Outlook is available . A separate publication, RBC Economics Provincial Outlook, assesses the provinces according to economic growth, employment growth, unemployment rates, retail sales, housing starts and consumer price indices.

Questions, Call Our Office, We're Here to Help.

Jared Dreyer, Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.39% 5 Year Fixed Mortgage Rate

Prime - 70% (2.30%) 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

Download Dreyer Group on Your Hand-held

Mortgage Payment Calculator

Income Qualifier

Purchase Finance Calculator

Get an Instant Hold and Quote for Your Client

Access Quick App to get your clients approval going

Blackberry and iPhone compatible.

Simply link here

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

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Great Read On Fear Thoughts

2011-09-02T09:08:00.000-07:00

Here is a great article written for the Napoleon Hill group.

Dear Readers,
Are the fears that are holding you back real or are they figments of your imagination? If you are brutally honest with yourself you will admit that most often the details that you worry about are created in your daydreams. As we "worry" we begin to spin a mental yarn that escalates out of control until we manage to frighten even ourselves. As we storyboard fear, we literally can cause ourselves to be frozen in our tracks.

Sometimes we can even witness family or friends using this tactic on themselves. A story is created and "what ifs" are added and before you know it fear rears its head in monstrous fashion. Literally, a person can arouse fear just by thinking intensely about it. Our minds have great powers and when we use our power of visualization to create what we want to avoid, we actually are allowing those negative mental pictures to come closer and closer to our reality.
When we recognize this negative tendency, can we reverse the downward spiral? Absolutely! Simply catch yourself being negative and say silently or out loud "Stop It!" Then, replace that negative thought with something good that may as easily happen. For example, a person may be fearful about an upcoming meeting or work situation. Instead of envisioning the worst that might happen, shift gears and imagine the best possible outcome and even make a game of it. When you trick yourself into thinking positively you will realize that by thinking negatively you were being the butt of your own joke. Fear causes us to act fearfully, and fearful actions usually produce fearful results.

Just for today give up a negative addiction. Catch yourself being negative in your thought process. Refuse to indulge in fear-based thoughts. Stop negative thoughts before they filter into your reality. Be faithful instead of fearful and you will see a change in not only your worldview but your world in a very short time.
Be Your Very Best Always,
Judy Williamson

The Fixed Game Is On In Canada

2011-08-31T16:44:00.000-07:00

So we are now seeing the credit unions raise their variable rate mortgages as well over the past couple of days. This comes as no surprise to me that the push is on for fixed rate mortgages.

The banks make the most profit on fixed rate term mortgages. With today's current bond yield spread, the banks are making a fortune on mortgages. Why offer variables and make.50% spread on my money when i can make three times that on a fixed rate term? Welcome o the profit center of banks. Should we also mention that fixed mortgages carry a penalty of interest rate differential or three months, which ever is greater. The variable mortgages are just a straight three month interest penalty. Now we are in the lowest fixed rate mortgage territory again, which does make sense for some clients to choose that product. We are also in a period of the the lowest prime rate and the US is on record of not increasing prime rate till 2013. So the US announces no rate increase and within two weeks Canadian banks say variable rate mortgages are no longer profitable?

As with all major decision's, get all the information and the help of a full time professional to make the best choice for yourself.

Variable Rates In Canada

2011-08-24T13:38:00.000-07:00

Good Afternoon,

Just a quick note.

The mortgage market is buzzing with the news of various lenders increasing their variable rates. So far RBC and TD have both moved up their variable rates from Prime-.65% to Prime-.45%. We still have a lot of lenders that are offering variable rates from prime-.75-.90%.

This will not affect clients that already have a variable rate mortgage or mortgage approval currently in process.

Those of your clients that are house hunting should be aware.

If you have any questions regarding this please give us a call. To get approved call our office now at 604 536-3802

In other news, Timing is everything: Canadians think it's a good time to buy - and to sell

In this year's survey, Canadians were more likely to say that investment opportunities and market conditions played a factor in their decision to buy another home (both at 21% versus 15% in 2010). The large majority (82%) plan to sell their current home and of those who are selling, four in five expect to sell at or above asking price (78% versus 66% in 2010).

Among those who have purchased a second home and do not plan to sell their previous home, 42% will keep the first home as a rental property. More buyers this year than last indicated that they will stay in their current home and the new home they purchase will be a rental property (32% versus 20% in 2010). Interestingly, there was a big increase this year in the number of buyers who said that rather than selling their current home, a family member will move into it (12% versus 4% in 2010).

"Buyers should keep in mind that if they are expecting to sell above asking price, it's likely they will need to also buy at above asking price," says Haque. "A home is, obviously, a very big purchase - especially if you will not be selling your previous home to put towards the cost. A mortgage expert can walk you through your financing options and show you strategies and products that may save you money and provide flexibility over the course of your mortgage."
Aug. 23, 2011 /CNW/
To Your Success! Jared Dreyer
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.39% 5 Year Fixed Mortgage Rate

Prime - 90% (2.10%) 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

Download Dreyer Group on Your Hand-held

Mortgage Payment Calculator

Income Qualifier

Purchase Finance Calculator

Get an Instant Hold and Quote for Your Client

Access Quick App to get your clients approval going

Blackberry and iPhone compatible.

Simply link here

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

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Quick Links
Check our Best Rates
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Canadian Mortgage Rates Hitting All Time Lows

2011-08-18T11:28:00.000-07:00

Rates Have Dropped Again! Holding Your Rate Is Easy

Just a quick note to let you know the 5 Year Fixed Rate has dropped again to an all time low of 3.39% !

In addition, the 5 Year Variable Rate is at an incredible low rate of 2.10%

To Hold Either of these low rates, please email jared@dreyergroup.ca or call our office directly and book with one of our in-house underwriters at 604 536-3802

Please be sure to include your name and all contact information.

It's Easy and you will be covered for up to 120 days!

Warm Regards,

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

All rates listed are current as at August 17, 2010 and are subject to change. Some conditions apply.

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Top 10 Mortgage Broker Team in Canada

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
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Economic Update

2011-08-10T10:34:00.001-07:00

Dear Friend,

I hope this email finds you well and enjoying the bits of sunshine in between the clouds.

Speaking of clouds, there is no doubt there is a large grey one over the US and Europe. This past week has been especially precarious with huge ups and mostly downs in the stock markets that suffered a major free fall yesterday as a result of the credit rating down grade. That being said however, a small gain was made today with expected volatility to continue.

Although there has been a very swift turn to the negative, we should be used to the turmoil since the fallout in 2008. It is important to note that Canada and US banks - to a lesser degree - are in a stronger position then the 2008 financial crises. The banks have billions on cash reserves and are much better prepared for financial difficulties. We are seeing the bond market go even lower and US debt even carries a negative return as there is that much demand to buy US debt.

As far as interest rates go, this is a sign that we are going to continue in a recorded low interest environment for an extended period o f time. Now is not a time to panic or let fear make your choices. Look at the log term view of your financial goals and make choices that fit within those parameters.

See below for a great perspective on the markets from Craig Alexander, Chief Economist TD Bank.

Get current interest rates now, call 604 536-3802

Financial reaction to u.s. credit downgrade

Yesterday morning financial markets appeared to be set
for a moderate correction in the wake of the S&P downgrade
to the U.S. sovereign debt rating. Asian, European and North
American equity markets were generally down 2-3% when
we wrote our note on the financial reaction to the downgrade.
However, the initial North American sell-off became a rout
over the course of the afternoon that reeked of fear.
In our commentary, we stressed that in, and of itself,
there was no rational reason for the lower credit rating to
provoke panic selling. The US government is solvent and
the risk of default remains negligable. Indeed, the associated
probability of default associated with a AAA rating
versus a AA+ rating is miniscule. Moreover, the fact that
other credit agencies did not follow suit limited the financial
consequences of the downgrade.
Accordingly, the market reaction yesterday can only be
interpreted as a crisis in confidence. It was a vote of nonconfidence
in the ability of governments to deal with their
fiscal problems. It was also a vote of non-confidence in the
sustainability of the economic recovery. This was the worst
possible outcome at the worst possible time.
The U.S. economy is extremely fragile. This can be seen
by the fact that the combination of $4 per gallon gasoline,
a supply chain shock from Japan and bad weather in the
Winter and Spring were capable of stalling U.S. economic
growth in the first half of the year. The expectation was that
the waning of these factors would lead to markedly stronger
economic growth in the second half of 2011. However, the
financial rout has put this improvement in peril.
The issue is once again about confidence. The financial
turmoil runs the risk of negatively impacting the psyche of
consumers and businesses. If consumers and businesses
cut back their spending because of worries about a renewed
recession, it can easily result in the precise outcome that they
are fretting about. It could also aggravate the correction in
US housing, lead financial institutions to cut back on their
willingness to lend, and worsen the US fiscal situation -- in
other words, add to the various structural headwinds on the
economy.
The traditional response to bolster confidence is verbal
support from policymakers or, if that doesn’t work, an easing
in fiscal or monetary policy. Given that there has been a
loss of confidence in the ability of governments to address
their problems, verbal support has had little impact so far.
Both the G-7 statement on Sunday and Obama’s speech on
Monday were entirely ineffective. This leads to the matter of
policy actions. The bad news in America is that the scope for
additional monetary stimulus is limited and fiscal stimulus
is not likely feasible in the current political environment.
The bottom line is that the rout in financial markets has
materially increased the risks of a renewed US economic
downturn, which would have global ramifications. The
sad truth is that it doesn’t have to be this way. The current
environment harkens back to FDR’s speech in the 1930s
that, “the only thing we have to fear is fear itself—nameless,
unreasoning, unjustified terror which paralyzes needed efforts
to convert retreat into advance”. The US government
is not insolvent. There is time to deal with the fiscal challenges.
And, the message from S&P and financial markets
that greater fiscal progress is required will not be lost on
policymakers. Given today’s Federal Reserve decision, the
immediate question is whether Bernanke can restore some
of the lost confidence. The main message to investors, consumers
and businesses is don’t panic, try to have a bit of
faith, and remember that you can be your own worst enemy.
Craig Alexander
SVP & Chief Economist
TD Bank Group

Comment On This week Ecnonmic Action

2011-08-05T15:18:00.000-07:00

We have seen a very up and down week, so say the least. The stock markets are in fear mode, simple as that.There has been a very swift turn to the negative which leads to volatility. We should be use to the turmoil and drama since the fallout in 2008, we are not though. Canada and US banks are in a much better position then the 2008 financial crises. The banks have billions on cash reserves and are much better prepared for any financial difficulties. We are seeing the bond market go even lower and
US debt even carries a negative return as there is that much demand to buy US debt.
This is a sign to me that we are going to continue in a recorded low interest environment for an extended period o f time(as always this can change at any time!). Now is not a time to panic or let fear make your choices. Look at the log term view of your financial goals and make choices that fit within those perimeters.

Debt Fear Declines and Growth Fear Sets In

2011-08-03T14:26:00.000-07:00

The US were able to put a deal together at the very last minute. Which surprised no one. The politicians down there have not learned anything and the stock and bond markets are now going to make them pay for it.Personally i hope the American people vote all of them out of office for the very unnecessary worry and stress caused to everyone! The real problem is growth of the economy and jobs. The US needs jobs so people will have security and money to spend. This will keep the machine rolling. Till this happens we are in a low interest rate environment and low growth opportunities for certain sectors. We have seen over the last few days bond rates in Canada plummet to the lowest levels since the financial crash. We are now back at historic lows on Fixed rate terms as well as deep discount variable terms. This tells me we are heading to low interest rates for more of an extended time.

Fear Over The US Debt and Interest Rates In Canada

2011-07-28T14:38:00.000-07:00

There is a lot of articles, media comments and predictions on what is going to happen if the US does not do a deal by Tuesday. I agree that the US debt is a concern for a lot of people and the media is planting fear. The reality is no one knows what is going to happen! In my opinion the fundamentals of Canada are very strong and we have low unemployment which is the key driver of any economy( my opinion). The media will scare you, the stock market will scare you and fear will be everywhere. That is the time to feed courage in your choices on what is best for your family/ position currently financially. Of courses this is all based on no deal which i do not think will happen. Either way, life will continue to go on and Canada will be stronger either direction. We have what the world wants, oil, water, lumber, potash, hockey players.

Vancouver real estate prices fanned by Chinese

2011-07-19T17:12:00.000-07:00

Vancouver real estate prices fanned by Chinese
By Laurent Vu The (AFP) – 21 hours ago

VANCOUVER — Its quality of life is routinely ranked among the best in the world, but that's only one reason Vancouver real estate prices are red hot.

Wealthy Chinese anxious to raise their families in the West are bidding up the city's limited number of properties in fashionable West Vancouver, sending prices in the city soaring more than 50 percent in the past three years.

Last year, Canada issued 1,600 visas to Chinese investors looking to move to British Columbia.

Su Yi Bin, a trader by profession, is looking to buy a 450-square-meter (4,800-square-foot) house in the area for his family and ready to pay as much as $4.3 million Canadian ($4.5 million US).

Su splits his time between Vancouver and Shanghai. While he's in China, he wants his family to be comfortable while they adapt to their new country.

"For my child, growing up and going to school here will allow him to integrate fully into the world, into an international lifestyle," he said.

"That's just not possible in China."

While prices in Vancouver have risen 54 percent in the past three years, they jumped 13 percent last year alone.

Vancouver real estate agent Clarence Debelle sees the Chinese influx in his business. In just five months, he has seen his Chinese clientele jump from two to 40 potential buyers.

"We do not have that many homes available for sale in West Vancouver, and the Chinese buyers are buying an awful lot of them. So I feel the prices will continue to rise," he said.

Faced with this market assault, Cam Good has opened two apartment showrooms similar to those in Hong Kong and Beijing.

He thinks he knows why Chinese are so keen to purchases properties in Vancouver.

The Chinese authorities, he said, "are really worried by the real estate boom in China, so they restricted people" to buying no more than two properties.

Seventy square meters (750 square feet) for half a million dollars in Vancouver might look expensive, even with with a view of the sea. But to be able to own property outright is not possible in China, he said, where houses are leased for a maximum of 70 years.

To close his real estate deals, Good's firm, known as "The Key" company, straddles both east and west.

"We consult a fengshui master to make sure that the floor plans and the overall design of the building are appealing to Chinese people," he said, referring to the ancient Chinese system of aesthetics used to lay out homes in the most auspicious way possible.

He's certainly seeing results: of the first 40 sales in his apartment complex, half the purchasers were originally from China.

Local buyers, however, faced with the onslaught of Chinese money, are hurting. The cost of a mortgage, taxes and utilities for an average Vancouver apartment now represent about 70 percent of the average annual salary.

Experts say rising house prices don't necessarily mean the city is in the midst of a real estate bubble.

"I think there is very, very little chance that Canada will see what happened in the United States," said Tsur Somerville, director of the urban economy and real estate center at the University of British Columbia.

Of course, he said, "Vancouver is extremely expensive, but it has been that way for a very long time."

But mortgages have also been better monitored in Canada than in the United States, he added.

According to one of Canada's biggest real estate firms, Royal LePage, the housing market has peaked and should slow down in the second half of 2011 to an annual growth rate of some 7.7 percent.

As for Su and his wife, who have not yet decided which house to buy, one thing is sure: "If my wife and I find a house we like, we will buy it, and if the house holds its value, even better."

Copyright © 2011 AFP. All rights reserved. More »

Variable Rate Still The Right Course?

2011-07-14T15:19:00.001-07:00

There is a lot of chatter about Interest rates going up and variable no longer the best opt in for the client.First if you have no risk tolerance or your at your limit, then a long term fixed rate is your choice at these level of interest rates. For everyone else, we need to review some facts so that you are able to make an informed choice. Fact is the last ten years the Prime rate has averaged 4.45%.The US is in no rush to raise rates and is looking doing even more stimulus for their economy. We have trouble in 4 countries in Europe, that could cause some real problems. The Canadian dollar is currently at $1.04 US. Lenders are currently offering variable rate mortgages at Prime-.80-.90%. These are just the facts as of today. The other fact is looking backwards the highest prime in Canada went to form 2000-2010 is 6.25% and that is when there was no uncertainties in any one's economy world wide. You need to look at these facts and your own budget. An Accredited Mortgage Professional can help you through this process.

CMHC Renovation Survey

2011-07-11T12:06:00.000-07:00

Renovation Spending

According to CMHC's recent Renovation and Home Purchase survey:
• 1.9 million households (42% of homeowner households), surveyed in 10 major centres, indicated they completed renovations last year This is a slight decrease from the 2.1 million households that completed a renovation in 2009. The average cost of renovations was $12,972.
• Almost $23 billion was spent on renovations in 2010 across the 10 major surveyed centres. The majority of homeowner households renovated to update/add value or prepare to sell.
• 39% of homeowners indicated that they intend to spend $1,000 or more by the end of 2011.
Click here for the CMHC Renovation and Home Purchase Summary at a Glance.

Click here for the full CMHC Renovation and Home Purchase report

Canadian Economic Stats July 2011

2011-07-06T16:12:00.000-07:00

Canadian Economic Statistics July 2011

Bank of Canada Interest Rate
April 12, 2011 1.00 %
May 31, 2011 1.00 %
July 19, 2011 Next meeting date
Source: Bank of Canada
________________________________________

Bank Prime Lending Rate
April 13, 2011 3.00 %
June 1, 2011 3.00 %
July 20, 2011 Next meeting date
Source: Bank of Canada

________________________________________

Conventional Mortgage - 5 Year Rate*
May 29, 2011 5.59 %
June 5, 2011 5.49 %
June 29, 2011 5.39 %
Source: Bank of Canada
*Determinant for high ratio mortgage variable qualifying rate

________________________________________

US Federal Reserve Board Discount Rate
April 27, 2011 0.00 % - 0.25 %
June 22, 2011 0.00 % - 0.25 %
August 9, 2011 Next meeting date
Source: US Federal Reserve

________________________________________

Exchange Rate $CDN($US)
June 1, 2011 1.024
June 16, 2011 1.021
June 29, 2011 1.033
Source: Bank of Canada

________________________________________

Government of Canada Bonds
Bond Type May 25, 2011 June 8, 2011 June 22, 2011
1 year Treasury Bill 1.27 % 1.22 % 1.20 %
3 year BenchmarkBond Yield 1.91 % 1.73 % 1.80 %
5 year BenchmarkBond Yield 2.40 % 2.22 % 2.19 %
10 year BenchmarkBond Yield 3.08 % 3.01 % 2.97 %
Source: Bank of Canada

________________________________________

Total New Housing Starts (Seasonally adjusted and annualized)
Province March
2011 March
2010 April
2011 April
2010 May
2011 May
2010
Newfoundland/Labrador 4,300 6,100 2,300 3,100 3,700 3,700
PEI 600 300 700 400 900 1,400
Nova Scotia 3,200 4,200 3,900 3,600 4,400 4,900
New Brunswick 1,300 3,700 2,500 3,600 3,400 4,900
Quebec 50,500 55,600 45,100 53,700 50,500 48,700
Ontario 74,400 63,200 67,600 64,700 53,000 64,600
Manitoba 4,100 3,900 4,800 3,400 6,300 4,400
Saskatchewan 5,200 4,000 5,900 4,200 5,200 4,300
Alberta 20,800 34,900 21,400 35,700 24,300 27,300
British Columbia 20,100 25,000 24,500 28,300 31,900 24,900
CANADA 184,500 200,900 178,700 200,700 183,600 189,100
Source: CMHC Housing Now - June 2011 and June 2010. This seasonally adjusted data goes through stages of revision at different times of the year.
________________________________________

Average MLS® Resale Price for Local Markets
City May 2011 May 2010
Halifax $ 263,318 $ 264,539
Saint John $ 182,626 $ 173,872
Quebec $ 254,529 $ 238,703
Montreal $ 318,355 $ 300,369
Ottawa $ 353,046 $ 334,360
Toronto $ 485,520 $ 446,593
Hamilton/Burlington $ 339,573 $ 315,647
Winnipeg $ 248,548 $ 237,697
Saskatoon $ 317,932 $ 294,516
Regina $ 296,838 $ 252,053
Calgary $ 416,055 $ 417,978
Edmonton $ 331,537 $ 340,723
Vancouver $ 831,555 $ 661,745
Victoria $ 527,181 $ 515,126
Source: Canadian Real Estate Association

________________________________________

Recreational Property Summary
2011 Recreational Property Price Summary
Average Price Range by Province**

Standard Waterfront, Land Access Cottage 1,000 sq feet, 3 bedrooms, 100 foot lot
PROVINCE AVERAGE PRICE RANGE 2011
Prince Edward Island $150,000
Nova Scotia $196,000
Newfoundland $100,000
New Brunswick $162,000
Quebec $250,000 - $1,000,000
Ontario $150,000 - $750,000
Manitoba $250,000 - $360,000
Saskatchewan $450,000 - $500,000
Alberta $350,000 - $400,000
British Columbia $330,000 - $1,000,000
NATIONAL AVERAGE $100,000 - $1,000,000
Source: Royal Lepage, May 2011

To Your Success! Jared Dreyer
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.65% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

Download Dreyer Group on Your Hand-held

Mortgage Payment Calculator

Income Qualifier

Purchase Finance Calculator

Get an Instant Hold and Quote for Your Client

Access Quick App to get your clients approval going

Blackberry and iPhone compatible.

Simply link here

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

Canadian Mortgage Rate Forecast

2011-06-21T14:08:00.000-07:00

Canadian Mortgage Rate Forecast

Good Afternoon and Happy First Day of Summer!

Over the past few months, major economists have backpeddled on their rate hike predictions.

Not long ago, the consensus of economists was projecting a July 19 increase. Now, those same analysts aren't looking for a rate bump until this fall...or later.

A slew of factors justify a deferral of rate increases, including:

* A parade of weak economic data from the U.S.—our key trading partner
* Core inflation that remains manageable
* Global economic risks
* Debt-laden consumers that are only cautiously spending
* A U.S. housing market that's double-dipping
* U.S. unemployment that may be structurally and permanently elevated
* A Canadian dollar that is still acting as a brake on our economy.

For reasons like these, TD Bank became the first major bank last week to predict the Bank of Canada would stand pat on rates through 2011. Depending on how the next rounds of economic data look, other banks may follow suit.

Then again, the rate picture can and does change.

BMO says: "...it is too soon to dismiss the possibility (of rate hikes in 2011)."

BoC chief Mark Carney recently said: "...The expectations, both in the medium term and sooner than the medium term, is that rates are not going to stay at these unusually low levels."
What is the connection between sales success and the way you think?

The connection is direct, very real and scientifically documented.

Dr. Martin Seligman, a University of Pennsylvania psychologist, did studies on how optimism bolstered sales productivity at Met Life, an insurance company. Seligman found that optimists sold 29% more insurance in their first year than their more pessimistic peers and 130% more in their second year.*

In order to examine the mind - success connection, let us begin by explaining some of the facts and features about your mind and how they impact your life and sales career. Some examples of how your mind works:

1. Your thoughts lead to your feelings, your feelings lead to your actions and your actions determine your results in life.

Thoughts > feelings > actions = results

This is the most important application of the law of cause and effect in your entire life.

2. You also have two minds, the conscious and the subconscious.
• One feature of the conscious mind is that it can only hold one thought at a time.
• One feature of your subconscious mind is that it forces you to act in a manner consistent with your dominant thoughts, beliefs and goals.
This magical power you have within you I call "the consistency force".

What does that mean about being successful in sales? Lots!

Examine the types of feelings you need to experience in order to be successful in sales compared to the feelings that would undermine your sales success: (remember feelings trigger actions and actions = results)

Winner vs. Struggler
Confident Fear
Optimistic Negative
Hopeful Hopelessness
Strong Weakness
Passion & Drive Confused
Perseverance Defeated
So what is the solution to more sales success?

Control your thoughts by design so that they generate the feelings you need to take the actions necessary for you to be an amazing sales person.

FACT: You need to feel certain things (the Winner list above) in order to take the necessary actions that = sales success.

QUESTION: So why don't you just grow those feelings?
I do and so do many highly successful mortgage professionals I have spoken with. You have a choice; you can purposefully choose to think thoughts that make you feel like a winner or you can choose thoughts that hold you down. (Struggling list)

You are free to choose what you think every minute of every day. Now the $640,000 question is what are the thoughts that will make you feel like a winner?

Here is a small list of examples. Make up your own to suit yourself, pick your 3-5 favorites and then think about them all the time**.
• I make abundant sales in any market
• I offer good value
• Things are looking great today
• I am super fit and healthy
• I can do this better than anyone
• I am energized
• I am great at prospecting
Avoid negative thoughts. Avoid dwelling on poor current results (if this applies) and instead think about exciting goals, what you really want to achieve in sales and your mind will lead you there courtesy of your consistency force.

To Your Success! Jared Dreyer
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

* Working with Emotional Intelligence Daniel Goleman Pg. 128
** All the time means all the time – purposefully repeat those key thoughts to yourself throughout the day.
Attributed writer: Chris Bennett. The Interview Dr.

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.65% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

Download Dreyer Group on Your Hand-held

Mortgage Payment Calculator

Income Qualifier

Purchase Finance Calculator

Get an Instant Hold and Quote for Your Client

Access Quick App to get your clients approval going

Blackberry and iPhone compatible.

Simply link here

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

Your Mortgage Up For Renewal?

2011-06-17T13:21:00.000-07:00

I have a few questions regarding mortgage renewals that I would like feedback on from Dreyer Group Mortgages (DGM).

If one enters into a variable rate mortgage, how quickly or efficiently do your mortgage brokers inform the mortgage holder of rising rates? The lender by regulation has send you a notification by mail, showing you when mortgage rates go down or up and what your next payment will be. However they do not advise you of opportunities to save money on your mortgage. At Dreyer Group Mortgages, we continue to monitor all our clients mortgages and make phone contact if we identity an opportunity for our clients to save money on their mortgage. Also our team is in contact with you throughout the life of your mortgage and we are available anytime should you have any questions. Our goal at Dreyer Group is to make you mortgage free as soon as possible. How difficult are your brokers to contact after a mortgage has been placed with DGM? We have a team of licensed mortgage brokers.Our office is open regular business hours (Monday to Friday 9-5) and you can call anytime. We always have staff to answer any questions or concerns. What generally is the notification method? We send mailer notifications to your home, email and phone calls. We also have our website, face book, twitter and a blog site for you to stay up to date with what we are doing when ever you choose.

What steps are required for a mortgage renewal application? It is a simple application process that takes 10 minutes to complete. You can do this on the phone, by fax (completing our hard copy application attached) or online at http://www.dreyergroup.ca/apply-online/ Is there an exhaustive questionnaire and approval process for renewals? No, we work hard to make the mortgage approval process as simple as possible. We start by taking the application, pulling a credit bureau, shopping your mortgage for the best rate and product, present those options to you, submit the mortgage to the lender and collect any documentation the lender requires i.e. proof of income, property assessment and depending on the loan to value of the property, we may have to get an appraisal.

How soon can a renewal be processed? Depending on the lender we place your mortgage with, it is typically 2 weeks. Once we have the necessary documents from you, the process can be expedited.

Please provide rates for the following terms as soon as possible:
3 & 5yr variable, closed; 2 & 3 yr fixed terms. Regarding rates and products, it’s best to speak to you about your future plans and goals, we can then assess what products and rates would work best to help you reach your goals. But here are the rates you requested, 3 year variable, is Prime -.80 (2.2%) 5 year variable, is Prime -.90 (2.1%)
A 2 year fixed is currently 3.25%, 3 year fixed is 3.35% * Rates are subject to change and OAC

Pay Off Your Mortgage?

2011-06-16T12:09:00.000-07:00

Pay Off Your Mortgage Faster Apply Now Online Get An Instant Mortgage Rate Quote
If you are considering a great way to invest, looking at your mortgage is a solid place to start. Paying down even a small portion of your mortgage can equate to an incredible savings over the life of your mortgage.

Mortgage Prepayment Options

There are a number of ways to pay off your mortgage faster. Below are some of them. Keep in mind these may vary depending on your particular circumstance. That is why it is very important to review and understand the prepayment privileges of your mortgage before you agree to the mortgage term.

The majority of the lenders allow you to make lump-sum payments to your mortgage between 10%-25% per year based on the value of your mortgage. Some allow you to pay based on the original amount of your mortgage allowing an even higher lump sum payment. Canadian mortgages are set up in such a way that you pay for the most interest in the first years and less as the mortgage decreases. That is why it is even more critical to get a jump-start on your mortgage and pay as much as you can early on.

‚Another great feature on many mortgages is the option to increase your regular monthly payment. Some lenders go as far as allowing you to double your payments per month but many allow increases of 15%. If you had a $1000 payment and increased it by just $150.00 per month, you could reduce your mortgage amortization by as much as 5.5 years on a $200K mortgage.

The nice thing about this option is you could start out making your required payments but if you get a raise at work or come into extra income for example, you can increase your monthly mortgage payments anytime. If you end up finding the new payments too much, in most all mortgage terms, you can go back to your original payment anytime. Many clients will choose a lower payment to be secure (say for example, you are in a high risk or lay-off industry) and increase it depending on your financial situation. This approach makes saving – paying down your mortgage – easier than trying to save for an annual lump sum payment.

ƒAnother factor to consider is when you can make a lump-sum payment. Some mortgages allow prepayments during the year, while others permit it only on the anniversary date. Still others allow you to make prepayments on the day you make your regular payment.

„Your mortgage can also be paid off faster by simply choosing a weekly payment vs. monthly. You end up making more payments per year than on a monthly schedule.

…Another option is to pay your mortgage payment based on a higher fixed rate payment schedule but get a variable rate mortgage. That way you are paying more each month towards the principle and not being subjected to fluctuations in the rates.

†The final and simple option is to round up your mortgage payment. Say you pay 1010 per month. Round it up to $1100. You would be amazed how every little bit helps to reducing the amortization of your mortgage. Even $50.0 extra per month helps you to be mortgage free sooner.

Find out how you can be Mortgage Free Sooner by contacting Canada’s Top 10 Mortgage Team
604 649-5991 or Toll Free 1-866-983-7426 or www.dreyermortgages.ca

Budget Summary & The 80/20 Rule

2011-06-08T16:11:00.001-07:00

Budget Summary & The 80/20 Rule

As always, please feel free to use any part of my email for your own marketing purposes.

Helping you build your business is my priority.

New since the March budget:
— $2.2 billion to Quebec for harmonization of federal and provincial sales taxes;
— Elimination over three years of $2-per vote subsidy to political parties;
Measures announced in March:
Taxes, jobs, and the economy:
— Elimination of tax incentives to oilsands projects to raise $15 million;
— A $450 tax credit for volunteer firefighters;
— Extension of the work-sharing program in areas of Canada hardest hit by recession;
Temporary tax credits to small businesses that hire new employees;
— An additional $300 tax credit to Canadians caring for dependants beginning in 2012;
— Changes to corporate taxes to increase tax revenues by $2.85 billion over the next six years.
For families and homeowners:
— A $400-million, one-year extension of the EcoENERGY Retrofit program;
— Children's Art Tax Credit, up to a maximum of $500 per child.
For seniors:
— Guaranteed income supplement for 680,000 seniors of up to $600 annually for singles and $840 for couples:
— Elimination of mandatory retirement age;
— Additional $10 million over two years to New Horizons for Seniors Program;
— Creation of a retraining program for older workers to transition into new professions.
For students and schools:
— Loan forgiveness for doctors (up to $40,000) and nurses (up to $20,000) serving in rural areas;
— $100 million to establish a Canada Brain Research Fund;
— $20 million over two years to support young entrepreneurs;
— Expansion of Canada Student Loans and Grants and additional $34 million annually once implemented.
For cities:
— $228 million over three years to fund repairs and maintenance to federal bridges in Greater Montreal.
— $148 million over five years to maintain federally-managed bridges, dams and infrastructure across Canada;
— Legislation to ensure $2 billion in annual infrastructure funding from gas tax revenues.
— $150 million for the construction of an all-season road between Inuvik and Tuktoyaktuk;
— $107 million spread over two to five years for a variety of crime and safety measures.
Safety and security:
-$21 million over five years to upgrade baggage scanning equipment at airports;
-$20 million over two years in youth crime prevention programs;
-$26 million over two years to Federal Victims' Ombudsman.
On the political front:
— Continual six per cent increases in federal health care transfers to provinces;
— $100 million over five years to improve food inspection;
— $27 million over two years to improve weather services;
— Launch a review of aerospace policy and programs;
— $60 million to CBC/Radio-Canada in 2011-12.
Other measures:
— Banning unsolicited credit card cheques
— $5 million each for the 100th anniversary of Grey Cup and the Calgary Stampede
— $24 million over two years to extend hog industry disease control project
— Extension of waiver on firearms registration fees for another year
— New $50 and $100 bills and $1 and $2 coins will be issued later this year.
Budget by the numbers:
— 7: Number of federal budgets Finance Minister Jim Flaherty has delivered;
— $36.2 billion: Federal deficit in 2010-11;
— $32.3 billion: Federal deficit in 2011-12;
— 2014-15: Fiscal year by which the Conservatives promise to deliver a balanced budget;
— 2015-16: Fiscal year by which the government projects a budgetary surplus;
— $4.2 billion: Projected budgetary surplus in fiscal year 2015-16;
— $6.2 billion: Savings over five years, from measures in budget;
— $17.2 billion: Potential savings over five years after a review of federal spending;
— 28,500: Number of projects funded by stimulus program;
— 540,000: Number of jobs created from stimulus program.

Read more: http://www.canada.com

Let Go of 80% of What You Are Doing

Imagine how much less time and money you could spend on marketing if you could simply identify the 20% of your current efforts that are really the only ones that matter. You could let go of 80% of what you're doing.

Here are some places to look:

1. Where are your clients actually coming from? You may think you know the answer to this question, but I find in many cases that people's assumptions don't match the data. Review every client you've worked with in the past two years and try to determine how that client entered your life. Make a list of not just the source of each client, but what you may have done (or made available) to produce clients from that source.

For example, "Referred by Mary Smith. Met her for coffee last month," or "Inquiry from my website. Signed up for my special report two weeks ago." If you can't uncover data like this about every new client, now is the time to start tracking it for the future.

Notice any patterns this analysis suggests, and strategize how you might reproduce these successes. Where could you find more referral sources like Mary Smith? Or what potential referral sources already in your network have you never met for coffee? If most of the new clients originating from your website are those that requested your special report, is that request form available on every page?

2. Where are your highest paying or lowest hassle clients coming from? The quality of your clients can make as much difference to the success of your business as the quantity of them. Select the top 20% of your clients from the list you made above -- either the ones that paid you the most or troubled you the least -- and consider how you might acquire more clients like them.

3. What marketing approaches are costing you more money than they bring in? When you can see exactly where your clients are coming from, you can also determine where you're paying too much to get them. Common places for overspending are print and online directory listings, pay-per-click ads, search engine optimization fees, and multiple association memberships.

4. What are you currently doing that you haven't gotten a single client from? Some marketing techniques take time to pay off, but if you've been using a particular approach for several months and no clients have yet resulted, it's time to reconsider. You probably need to either abandon this approach or fine-tune it.

By making judicious use of the 80/20 rule, you can eliminate the least productive marketing activities you engage in and ramp up those that are more effective. You can also focus most of your marketing on the client sources and type of prospects that have worked well for you in the past. And that can put you in the 20% of entrepreneurs who have a successful business instead of in the 80% who don't. C.J. Hayden Business Coach

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

3.65% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

Download Dreyer Group on Your Hand-held

Mortgage Payment Calculator

Income Qualifier

Purchase Finance Calculator

Get an Instant Hold and Quote for Your Client

Access Quick App to get your clients approval going

Blackberry and iPhone compatible.

Simply link here

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

Where Are We Heading For Mortgage Rates?

2011-06-07T10:53:00.000-07:00

Well this week we have now seen the fixed mortgage rates drop down to new lows again. Along with the deep discount VRM mortgages back in style, borrowing costs are continue to get back to emergency levels that were in place in 2008. We are seeing this happen in my opinion due to the banks in Canada being flush with a lot of money. Well that is only one reason, the other ones are the US has not fixed the employment situation and Europe is struggling, China slowing down. This is all meaning that growth will continue to be a slow process. Without people working and having money to spend world wide we are not going to see inflation come back anytime soon. This is now a great opportunity for Canadians. We have a strong economy, low unemployment and banks that are willing to lend money at the lowest interest rates again! This is now our time to shine for Canada on the world stage.

What Is Your Selling Approach?

2011-05-31T16:31:00.000-07:00

What is Your Selling Approach?

CMHC Second Quarter Housing Market Outlook for Canada

CMHC Second Quarter Housing Market Outlook for BC

As always, please feel free to use any part of my email for your own marketing purposes.

Helping you build your business is my priority.

What is your approach to Selling?

The old way? The new way?

The time for systems of selling has passed.

The time for sales manipulation has passed.

The time for “closing the sale” has way passed.

Many, if not most, salespeople (not you of course) walk into a sale with product knowledge, a few questions, a sales pitch, and hope.
It’s time for you to create an approach that works and WOWs - an approach based on value and differentiation, an approach that’s personalized and customized.

Below is a check list of strategies from an excellent sales coach Jeffrey Gitomer the author of The Little Red Book of Selling.

See how many of these approaches you use:

I have done my homework about the company.

I have done my homework on the person I’m meeting with.

I’m prepared with questions of engagement about them.

I’m prepared with ideas in their favour.

I’m more relaxed than formal.

I’m confident, not arrogant.

I’m more friendly than professional.

My business card rocks. People comment when they get it.

I give customized materials, not brochures.

I don’t start until I have established rapport AND found common ground.

I walk into the meeting with ideas, and questions, not a pitch.

I don’t talk about what “we do.” I talk about how they win.

I ask for and get their Santa Claus list (what they’re hoping to achieve).

I discover my customer’s reasons and motives for buying.

I answer with questions, not just statements.

I dare to inject humour. Often. Not jokes, humour.

If I use slides, they’re fun, they’re customized for the prospect,
and they’re not canned.

I often clarify a statement with a question before I answer.

I discuss money openly.

I listen with the intent to understand, and then respond.

I take notes to make certain I remember what was said and what was promised, and to show respect.

I use testimonials to prove points and create a buying atmosphere.

I am patient. I have all the time in the world for the client.

I don’t leave without asking for the sale or formalizing the next step.

Some new projects for today's market.

THE HARD WORK: Build a solid internet presence.
THE HARD WORK: Build a social media presence.
THE HARD WORK: Acquire video testimonials.

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

3.65% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs mortgage financing

All rates quoted are on approved credit.

Dreyer Group at the HomeLife Golf Tournament last week. Raising over $40,000 for Canuck Place, the event was a huge success!

Download Dreyer Group on Your Hand-held

Mortgage Payment Calculator

Income Qualifier

Purchase Finance Calculator

Get an Instant Hold and Quote for Your Client

Access Quick App to get your clients approval going

Blackberry and iPhone compatible.

Simply link here

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

Property Tax Instructions and Links

2011-05-20T09:29:00.001-07:00

Property Tax Instructions and Links for Your Convenience

Good Afternoon,

It’s that time again….heading into summer and paying our property taxes. Taxes and sun, what could be better! You’ve probably just received, or will be receiving shortly, your tax notice in the mail. For your convenience, I have put together the various ways to pay your taxes and to register for your Home Owners Grant (HOG). Great acronym isn’t it!

Claiming Your Home Owner’s Grant: If your property is your principle residence you have to claim your Home Owners Grant (which is $570) some cities it is less. There are 2 ways for you to claim:

1. Signing the tax notice and mailing or dropping it off at the city.
2. You can also complete it online if your city has an electronic payment capability on their website. If you are doing this online you will need the folio number and access code which is on your notice. It takes no more than 5 minutes to complete. Don’t forget to print off a copy for your records.

Paying Your Property Taxes: There are 4 ways this can be done:

1. Some lenders allow you to pay your property taxes throughout the year with your mortgage payment. If that is the case, the lender will remit the payment directly on your behalf. Be aware your taxes can change from year-to-year so it is a good idea to call your current lender to ensure you have enough in your account. If you do not have the lender number, simply give us a call and we can help.
2. If your lender does not collect your taxes, you can write a post-dated cheque for July 2nd. and mail it to the city.
3. You can also make your payment at most chartered banks.
4. A great way to pay your taxes is to use your cities monthly preauthorized debit program. If you do not, it is a convenient option to consider going forward. Instructions will be on your cities website or attached to your tax notice.

As a helpful tool, I have also provided some links for more information and electronic payment details. Please note that I could not find an electronic payment option for Richmond or Langley. Please feel free to pass this email along to friends, family members and colleagues. As always, if you know of anyone needing financing, please do not keep us a secret. Our business is built on referrals from great clients like you!

Delta:
http://deltaonline.ca/tempest/ecom/hog/login.cfm?title=Electronic Home Owner Grant

Vancouver:
http://vancouver.ca/fs/treasury/ehog.htm

Surrey:
https://secure2.city.surrey.bc.ca/tempestprod/ecom/hog/login.cfm

Chilliwack:
http://www.gov.chilliwack.bc.ca/main/page.cfm?id=847

Abbotsford:
http://www.abbotsford.ca/financecorporate/property_taxes/home_owner_grants.htm

Burnaby:
http://www.city.burnaby.bc.ca/cityhall/departments/fnnc/fnnc_txoffc/fnnc_txoffc_txbdgt.html#claim

Coquitlam:
https://e-civic.coquitlam.ca/tempestprod/ecom/hog/login.cfm

Port Coquitlam:
http://www.city.port-coquitlam.bc.ca/Citizen_Services/Online_Services_and_Payments/Electronic_Home_Owner_Grants.htm

Maple Ridge:
http://www.mapleridge.org/EN/main/residents/property_tax.html#Home_Owner_Grants

North Vancouver:
http://www.cnv.org/VCH2/modules/hog/hog_login.asp

New Westminster:
https://frontcounter.newwestcity.org/nwinfo/ecom/hog/login.cfm

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.65% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs financing

All rates quoted are on approved credit.

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Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

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ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

Higher Home Prices For Vancouver?

2011-05-10T12:13:00.001-07:00

CREA Hikes Forecast for Home Prices

The Canadian Real Estate Association has gone back to the drawing board again, saying the number of multimillion-dollar Vancouver deals have “surged unexpectedly” as it raised its forecast for the year.

The national trade association said the average national resale price will gain four per cent by the end of the year because of high prices in Vancouver. In its last forecast – made in early February – CREA said the price would advance 1.3 per cent.
Prices in Vancouver have gained almost 30 per cent in the last year, causing concern among many in the industry who are concerned about the sustainability of such gains. Douglas Porter, deputy chief economist at BMO Nesbitt Burns, said while sales have softened across the country the risk of a sharp correction is “highly concentrated in geographical terms.”

He said while sales have softened across the country, the risk of a sharp correction is “highly concentrated in geographical terms.”

In March, CREA said the national average resale price was an all-time high of $366,000. But if Vancouver is stripped from the figure, the average price would be $327,000. Twenty two of the 25 cities surveyed posted price gains in March, with Calgary, Edmonton and Victoria the only exceptions.

CREA also added that sales would also be stronger than it expected in 2011, although still slower than 2010. It expects 441,000 sales will take place, down 1.3 per cent from a year ago. It previously suggested a decline of 1.6 per cent.

Forecasting has proven difficult for the association - in November it said sales would fall by 9 per cent. In the same forecast, it said the national average price would pull back slightly in 2011.

Private sector forecasts are also varied – Capital Economics has suggested prices could fall as much as 25 per cent over the next several years, while the major banks expect prices to moderate as higher interest rates keep people out of the market.

CREA president Gary Morse said mortgage rates “remain very attractive and are keeping financing within reach for many homebuyers.

Those rates are expected to climb, however, and while inexpensive borrowing has helped many homeowners stay current on their payments there are signs that they are under increasing stress. In Alberta, for example, the number of people three months or more late on their mortgages is double the national average at 0.87 per cent.

The rising rate of delinquency comes as economists warn that Canadians are under rising pressure when it comes to servicing debts. As interest rates move higher in the coming months, many could find it even harder to make their monthly payments.

In a statement Monday, CREA’s chief economist Gregory Klump said even if rates increase they will be “within short reach of current levels.”

“Continuing job growth will underpin housing demand, keeping the housing market in balance and stabilizing home prices.”

The house Manyee Lui is showing today is listed at $2.2 million. Although the lot is only 33 feet wide and the house is nothing more than a blandly handsome two-storey, Lui expects it to sell quickly, even though the market’s turned a little tepid. With 2,900 square feet, the place is big enough for four bedrooms and an additional self-contained suite. All things considered, she says, “It’s not so expensive.”
Lui is simply telling it like it is: This house in the Dunbar neighbourhood may not be anyone’s idea of a dream home, but it delivers respectable accommodation for a reasonable price, at least by the standards of Vancouver’s west side. With a standard city lot trading hands for around $1.4 million and construction costs running at least $200 a square foot, it doesn’t take much of a house to hit the $2-million mark. And this summer and fall, as real estate markets wilted in most of the country, vertigo-inducing prices for properties on Vancouver’s west side held steady or even edged a little higher.

The question a lot of people were asking is, Who on Earth is buying them?

Lui explains why she’s so confident the home will sell: “It will appeal to a buyer from China.” She allows there was a time when Chinese buyers’ architectural preferences differed significantly from the local norm, but over the last 10 years their tastes have widened and become more westernized. Now long-term Vancouverites and incoming Chinese are seeking almost exactly the same thing—except, Lui says with a laugh, “we can’t afford it.”

True. When Lui says “we,” she’s talking about the locals, people who make their living in Vancouver. Now that the forestry industry has been eclipsed and the place has a median household income that is only average by Canadian standards, Vancouver is a city with no visible means of support. The affordability ratio has rocketed upward so quickly that it is now the steepest on the continent: more than double the Canadian average and more onerous than in places like New York and San Francisco. No wonder Vancouver is at the top of the media’s suddenly urgent bubble watch, not just in Canada but also in the United States; outlets ranging from Reuters to Businessweek have reported on a housing market they suspect is ripe for the kind of downfall the Americans are only too familiar with.

If “buyers from China” answers the “who” question about Vancouver’s unique real-estate market, the follow-up question—“Where is this leading?”—is harder to answer. The torrid affair between eastern Asia and Vancouver real estate, now in its third decade, is actually a love triangle from which each party derives very different things. When wealthy Chinese immigrants buy property in Vancouver—and they utterly dominate the top end of the market—they’re actually buying a form of insurance. What the federal and provincial governments get out of these newly minted Canadians turns out to be a modern form of the infamous head tax that was imposed on Chinese migrants in the 19th century. And what Vancouver gets is an economy that boasts a lot of froth, and not much substance. From all three angles, it feels like a relationship that is built not so much on Commitment as on enjoying the good times while they last.

In 2003, renowned Vancouver architect Bing Thom remarked that his city was becoming “the Switzerland of the Pacific.” The Hong Kong-born Thom was referring to the way the city offered a safe and comfortable harbour to elites from around the Pacific Rim in search of fresh air, good schools and geopolitical peace of mind. About the same time, Andrea Eng heard a Korean billionaire refer to the city as “the Geneva of the Pacific.” Eng, who has spent most of the past two decades brokering deals on both sides of the Pacific for Li Ka-Shing—the world’s wealthiest Chinese businessman—picked up on the phrase and began to use it on her website. By 2009, the concept had received academic validation, after University of British Columbia historian Henry Yu invoked it in a journal article about the network of Asian-born and -descended Canadians who link this country to the world’s newly dominant economic zone—a place that will increasingly determine Canada’s own prosperity. “Vancouver, in particular, is an incredibly sought-after location,” he says. Globe & Mail

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.79% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs financing

All rates quoted are on approved credit.

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

Mortgage Refinance When Does It Make Sense?

2011-04-28T11:31:00.000-07:00

TAKE A MINUTE TO REVIEW THE CHART BELOW- YOU WILL BE AMAZED!

Good Afternoon, I hope this email finds you well.

I wanted to chat today about a subject that - given the low interest rates - is on many peoples minds - Mortgage Refinancing. First and foremost, I want to make it clear that I am a supporter of paying off your mortgage as soon as possible. That being said however, I also support not paying high interest debt or making such high payments per month that your quality of life is significantly suffering. When clients ask about refinanicng, I look at 3 main factors:

1. Is there external debt
2. Is the family considering a large purchase in the near future
3. Is the current mortgage rate over 5%

If the answer to any of these questions is YES, then refinancing your mortgage could be a solid option.

Below is a table to demonstrate your potential savings. It can be very significant! Doing a quick review is a phone call away. 604 536-3802

An Example of a CURRENT CLIENT SCENARIO NEW & IMPROVED SITUATION
BALANCE PAYMENT BALANCE PAYMENT
Mortgage (5% interest rate) $200,000 $1067 Mortgage (3.65% interest rate)** $241,000 $1098.75
Auto Loan 8% $19,500 $395 Auto Loan Paid Off --
Department Store Credit Card 21% $4,500 $155 Department Store Credit Card Paid Off --
Unsecured Line of Credit 8.25% $7,500 $225 Line of Credit Paid Off --
Visa Card 18% $6,500 $195 Visa Card Paid Off --
Penalty to Break Mortgage – if any $3,000 Penalty to Break Mortgage Paid Off --
Total Balance & Payments $241,000 $2037 Total Balance & Payments $241,000 $1098.75

Consider This:

If you are paying a 5% interest rate on your mortgage and making monthly payments on high-interest credit cards and other debts, the total money out of your pocket each month is $2,037.

If you refinance your mortgage with a lower interest rate and pay off all high-interest debts, at month-end you will save a total of $940.00 off your payments per month. Many clients are changing from a fixed to a variable rate mortgage with a lock in option to a fixed rate given the current rate drops and saving even more.

At the same time, consider adding a Line of Credit to your mortgage. This strategy gives you future access to funds at the lowest rate possible. It simply sits there until you need it. It can be paid out at anytime without penalty and you pay no interest unless you have a balance. Rates subject to change. OAC.

What's Your Best Rate?

Get an Instant Rate Quote Online Now

It only takes 1 Minute to Find Out!

Vancouver Real Estate Market Up/Down?

2011-04-26T16:10:00.000-07:00

It seems everyday there is an article written that says we are in a bubble and everyday there is an article written that this is going to continue. What is the truth? It is all just opinions of some who are professionals and most that are not. No one really knows where this market is going as there are sub markets within Vancouver market.

For example West side Vancouver, Richmond, south Surrey are very acive markets with multiple offers happening. Langley, Chilliwack and other areas are not experiencing this. Some say this all Asian influence, which it is for the most part. There is also a lot of other non Asians buying who have sold and move up buyers. I believe location to great schools, beaches, shopping, transportation is causing these three markets all the activity which will continue.

Low interest rates are here for the very long term, banks are making it very tough for clients to be approved and have been doing so for a long time(no major defaults on mortgage money coming). Outlining markets have adjusted and they should. The main core is where people wish to live and will continue doing so. This is where work is. So get used to vast differences in prices from one area to the next. Accept this is the new normal in the marketplace.

Canadian Mortgage Rates Going Up?

2011-04-25T13:19:00.001-07:00

I was asked this question today from my new clients. The answer yes, there is only one way to go on the future of interests rates. The question is how high and how to manage the increases. In my opinion we are going to see prime rise to 4.00% to 5.00% over the next 24 months. These increases will only happen if all the other factors in the economy will have clicked into gear. This is the new normal in interest rates. We should not see or have had any economist predict higher prime rate. We have also had a generation 2000-2011 that only knows low interest rates. I think people should get used to the fact that long term we are in and will be historic low interest rates. Variable rate mortgages below prime and setting up the right higher payment structure will be the best option for clients to take advantage of this new maket place.

The Ladder Of Success

2011-04-15T12:09:00.000-07:00

I thought i would share a great article about vision. You need to have a clear, concise and committed vision for your dreams to become a reality.

The Ladder of Success is Never Crowded at the Top
by: Napoleon Hill
The man with creative vision knows that he can succeed only by helping others succeed, and he knows also that it is not necessary for another man to fail in order that he may succeed.
The man with creative vision produces results instead of alibis. If he makes mistakes, as all men do, he is not afraid to accept the responsibility for them, and he never tries to shift that responsibility to another man.
He makes decisions quickly, but changes them just as readily when he discovers that he has made the wrong decision. He has no fear of others, either of higher or lower rank than himself, for he is at peace with his own conscience, is fair with his fellowmen, and honest with himself.
These are some of the traits of character of which creative vision is born.
These are plain words, but men of sound character and creative vision relish plain speaking.
One of the common weaknesses of most of us is that we look with envy at the men who have attained noteworthy success, taking stock of them during the hour of their triumph without taking note of the price each had to pay for his success. And we erroneously believe that they owe their success to some sort of pull, luck or dishonesty.
Personal achievement, power, fame and riches: each has a definite price, and the man with creative vision not only knows the price but is willing to pay it.
The man with creative vision understands the benefits of sharing his blessings, his experiences and his opportunities with others, for he recognizes that only by this method can he attain and enjoy enduring prosperity, happiness and the respect of other men.
The man with creative vision also understands that combined creative vision of several minds, directed toward a definite end in a spirit of harmony, is the very heart of the master mind principle and that this type of creative vision is a tremendous source of power.
Source: PMA: Science of Success. Pgs. 419-420

Are Mortgage Rates Going Up?

2011-04-11T15:30:00.003-07:00

This is the question thast is geting asked the most right now. The answer is yes and they will come back down. That is what prime rate and fixed rate mortgages do. There is no straight line up or a strasight line down. The facts are what we need to look at. Prime rate has aveged 4.50% for 2000-2010. That is a generation world wide that has had low interest rates. We have a candian dollar at 1.04 and oil at 118 and climbing. This makes the bank of Canada choices a lot less easy. The bottom line is they will raise rates and then they will play the up/down game within a certain% for the next few years till somehting else happens. Something else always seems to happen in the world.

Are Mortgage Rates Going

2011-04-11T15:30:00.001-07:00

Top 5 Marketing Elements

2011-04-05T12:58:00.000-07:00

Good Afternoon and happy back to work week for those of you that had some spring break time off.

I went to the car show this weekend in Vancouver and met a very interesting gentlemen/Sumo wrestler as you can see by the picture above. I'm the one on the right.

Sumo has very similar parallels to business. Focus, commitment, planning, systems, habits and when done consistently produce dramatic results. So, I thought I would take a moment to share with you this great article I came across a few weeks ago outlining marketing tips to become a Mega Agent - or Sumo Agent.

As always, our business is built on referrals from all of you great folks. If you know of anyone that needs financing advice, please do not hesitate to pass along our name.

Top 5 Marketing Elements

Below are 5 critical marketing elements identified by Ingrid Menninga, director at Jolt Marketing (www.joltmarketing.com). Ingrid works with real estate, mortgage and sales agents to develop their branding and execute highly successful marketing campaigns.

As we know, marketing is at the foundation of every successful sales person and can transform a struggling sales rep into a Mega Agent. But to have that marketing work for you like it should, you need five critical elements:

1. You need systems in place. Without a system and a plan for how you will nurture your leads from the initial phone call into the repeat client cycle, you are not taking full advantage of your marketing – and you are also not realizing how easy it can be to have an excellent marketing plan that regularly drives sales. Mega successful sales reps have a clear understanding of what to do when – from sending a thank-you card two days after meeting a prospect, to adding clients to their social media profiles 24 hours after they received their email address, to perfecting the art of post-sale follow up that will develop a repeat and referral business. When you are trying to grow your business, you must be “locked and loaded” with your professional marketing materials ready and your systems in place, and then execute according to plan.

2. You must know who your target market is. If you do not have a clear definition of your target market, how will they know who you are? Think “everyone” is a target market? Think again. You will never be able to be all things to all people, and your services and style is not the best fit for everyone. You must have a clear definition of your target market in order to be the clear choice for these types of people – be it corporate employees who buy downtown condos, investors, or young families looking to move to the suburbs.
Everything from your knowledge base and technology choices to your font choice, your logo and tagline, should be confirming the notion that you are the best choice for your target market. This will allow you to excel in this category. Worried that you will get less business overall? Your sales will likely increase in other categories too. When you are really successful in one area, people believe you can be successful in other areas too, so they are likely to hire you as their agent even if they are not an exact fit for your target market.

3. You must differentiate yourself from the competition. There are a lot of sales reps out there, and if you are not separating yourself and defining what makes you different you will get lost in the background. You must exploit your natural skills and abilities, use the assets of your personality to separate yourself and give your clients a chance to see more to you than just “real estate” written on your business card. Are you a great negotiator, a former accountant, a sports enthusiast or actively involved in your community?
These are great starting points to help differentiate yourself.

4. You must know your strengths and weaknesses and be prepared to outsource everything you are not excellent at. Unless you are a professional copywriter, web designer, admin assistant, accountant, graphic artist and photographer all wrapped into one, in addition to being a sales rep, you are doing many things not very well. You should only be doing things that you can do at a professional level and outsource everything else. If you want to take your business to the next level, you must present yourself as someone who is already at that next level. If you are out shooting photos of your properties on your digital camera and trying to create your own brochures, while also answering your phone, faxing in offers, and doing the staging for your property, you are subliminally telling your clients one of two things – that you are not that busy, or that you do not make enough money to hire a professional.
Neither of those choices presents you well. While the DIY version is tempting – and seems like it will save you lots of money – it is very likely that it’s costing you a lot of business, which means it’s costing you a lot of money. Doing everything yourself does not build client’s confidence in your services and does not present you as successful. Do what you are good at, focus on those skills, hone them, refine them and be the best at that. For everything else that you are not a master of, get a professional in that category to do it for you.

5. You should assess, refresh and re-launch about every five years. Every smart business person looks at what they are doing, what’s working, what’s not and what’s missing to get maximum results. If you are using the exact same tools you used five years ago, and are re-using all the same materials, chances are you are getting stale and your marketing dollars are not delivering the ROI (return on investment) they should.
New looks, fonts, styles and technologies are released every day, and many agents incorporate these into their marketing strategies. After you’ve been adding new things to your marketing tool box, your branding will start to unravel and eventually you will have inconsistent messages and different looks and colours and your tight branding that you started out with will be a mish-mash. That’s why you need to assess, refresh and re-launch to tighten your message and collect all the loose ends you’ve developed over five years into one cohesive campaign. Having a consistent look and feel presents you as a serious and organized professional, and increases your brand recognition and familiarity – all of which is good for business.

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.65% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs financing

All rates quoted are on approved credit.

The origins of sumo date back 2000 years; however, it never really flourished as a spectator sport until the early 1600's. There are strict rules and traditions that are observed throughout the sport. The beginner watching his first sumo broadcast on television soon realizes that very little time is actually spent grappling. Rather, the rikishi spend most of their time performing pre-bout ceremonies steeped in Shinto tradition.

Sumo was originally performed to entertain the gods (kami) during festivals (matsuri). Sumo as part of Shinto ritual dates as far back as the Tumulus period (250-552), but it wasn't until the 17th century that it began adopting the intense purification rituals that we see in sumo today.

Sumo’s daily practice sessions (called keiko) begin at 5:00 am and consist of regimented exercises, stretches, practice bouts and planned meals throughout each day – 365 days a year. Nothing in Sumo is left to chance. Everything is tediously planned and regimented to provide the greatest opportunity for success.

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

Economic, Rate and Vancouver Housing Highlights

2011-03-29T14:28:00.000-07:00

Economic, Rate and Vancouver Housing Highlights

Good Afternoon Everyone,

The cost of borrowing is going to decrease again as the major banks announced yesterday they are planning to drop their rates 20 bps depending on the product. Look for these rate adjustments coming soon.

Yesterday at the Mortgage Brokers Association Conference of BC, I had the privileged of once again listening to Benjamin Tal, CIBC Senior Economist.

Some highlights were:

The Asian investor buying in Canada is a sustainable market due to the large Chinese population and the enormous amount of wealth.

Japan’s earthquake, coupled with Europe’s debt loads namely Spain, Ireland, Portugal, Greece, crisis in Egypt and Libya, will more than likely hold interest rates in check for the coming year.

Benjamin sees no housing bubble in Vancouver. To have a housing bubble requires two main components that Canada does not have. Huge increases in mortgage rates which is not forecasted by any economists and secondly a sub prime mortgage market of bad quality loans.

The US is continuing to improve with US companies doing well with exports to emerging markets.

He also sees the era of leverage is over and the coming era will see a more conservative approach of investments and savings that will bring about a more stable economy.

Here for interest, are the 12 most overpriced real estate markets in the world according to The Economist.

1. Sydney, Australia
2. Hong Kong
3. France
4. Spain
5. Sweden
6. Great Britain
7. Belgium
8. Netherlands
9. New Zealand
10. Ireland
11. Singapore
12. Denmark

VANCOUVER PRESS — A three-year housing forecast says Metro Vancouver and northern B.C. will stay hot, while the Okanagan and Kootenays will be weaker.
Central 1 Credit Union's B.C.. Housing Forecast 2011-2013, which was released Wednesday, concluded that the median price of a home in B.C. will rise three per cent and set a new record of $402,000 in 2011, largely because of the higher price levels in Metro Vancouver, while home sales across the province will rise about seven per cent in the year.

The median price is expected to rise another one per cent in 2012 and another four per cent in 2013, on higher demand.

B.C.’s annual median transaction price rose to a record high of $392,025 in 2010, a six-per-cent increase from 2009.

A median price is the price in the middle of all prices ranging from lowest to highest.
Total home sales will rise this year to 95,500 units, rebounding from a 10.5-per-cent drop in 2010 as both resale and new home sales will increase, the forecast said, adding that sales will increase another two per cent in 2012 and a healthy 15 per cent in 2013.

"Even after those gains, sales will be below the levels we saw from 2002 to 2007," Central 1 economist Bryan Yu said. "Low, but rising, interest rates and tighter mortgage insurance rules will restrict sales for the next few years."
Yu said that this year, sales will have been stronger in the first few months as buyers move to beat the tougher mortgage insurance rules that take effect on March 18.
"Metro Vancouver will observe the strongest uptick in early-year activity, given the higher proportion of local buyers and higher prices in those areas," added Yu.
According to a release, although home sales will be strongest in Metro Vancouver area and Northern B.C. during the three-year forecast period, it will weaken in the latter part of 2011.

“While activity is likely to retrench in the second quarter, continued in-migration and labour market gains will continue to provide support to price levels,” the report said of Metro Vancouver. “Price levels are expected to remain flat in 2012, before rising six per cent in 2012.”

As well, the report noted, the economy in the north will continue to benefit from strong commodity markets and trade-related activity, which will keep housing activity on an upward trend through the forecast horizon.

However, the report also said that the weak links in B.C.’s housing market will remain areas with a high exposure to external recreational and retiree buyer demand. Housing markets in the Okanagan, the Kootenays and parts of Vancouver Island will continue to see weaker demand conditions in 2011 as mortgage rates rise and buyers remain hesitant to make discretionary and luxury purchases.
“With demand and supply conditions already favourable to buyers at the current time, a downward trend in price levels is expected to persist into 2011,” the report said of the two regions, which have seen significant declines in recreational purchasers, especially those from Alberta, with many buyers seeking cheaper properties in the U.S.

“The median annual price in the Thompson-Okanagan is forecast to decline six per cent, while Kootenays prices are forecast to decline five per cent.

”Despite that, the report said these markets will observe significant rebounds in 2012 and 2013 as buyers take advantage of lower prices and retiree and recreational demand strengthens on improved economic conditions. Following flat activity in 2011, housing sales in the Thompson-Okanagan region are forecast to rise eight per cent in 2012 while the Kootenays will see 10 per cent growth. Both markets are forecast to record more than 20-per-cent gains in sales in 2013. The Vancouver Sun

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.79% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

REMINDER: New insurance changes coming into effect March 18th. Submit any last pre-approvals today!

Email me now with the next person you know that needs financing

All rates quoted are on approved credit.

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

Vancouver Housing Highlights

2011-03-17T13:42:00.000-07:00

Economic, Rate and Vancouver Housing Highlights

Good Afternoon Everyone,

The cost of borrowing is going to decrease again as the major banks announced yesterday they are planning to drop their rates 20 bps depending on the product. Look for these rate adjustments coming soon.

Yesterday at the Mortgage Brokers Association Conference of BC, I had the privileged of once again listening to Benjamin Tal, CIBC Senior Economist.

Some highlights were:

The Asian investor buying in Canada is a sustainable market due to the large Chinese population and the enormous amount of wealth.

Japan’s earthquake, coupled with Europe’s debt loads namely Spain, Ireland, Portugal, Greece, crisis in Egypt and Libya, will more than likely hold interest rates in check for the coming year.

Benjamin sees no housing bubble in Vancouver. To have a housing bubble requires two main components that Canada does not have. Huge increases in mortgage rates which is not forecasted by any economists and secondly a sub prime mortgage market of bad quality loans.

The US is continuing to improve with US companies doing well with exports to emerging markets.

He also sees the era of leverage is over and the coming era will see a more conservative approach of investments and savings that will bring about a more stable economy.

Here for interest, are the 12 most overpriced real estate markets in the world according to The Economist.

1. Sydney, Australia
2. Hong Kong
3. France
4. Spain
5. Sweden
6. Great Britain
7. Belgium
8. Netherlands
9. New Zealand
10. Ireland
11. Singapore
12. Denmark

VANCOUVER PRESS — A three-year housing forecast says Metro Vancouver and northern B.C. will stay hot, while the Okanagan and Kootenays will be weaker.
Central 1 Credit Union's B.C. Housing Forecast 2011-2013, which was released Wednesday, concluded that the median price of a home in B.C. will rise three per cent and set a new record of $402,000 in 2011, largely because of the higher price levels in Metro Vancouver, while home sales across the province will rise about seven per cent in the year.

The median price is expected to rise another one per cent in 2012 and another four per cent in 2013, on higher demand.

B.C.’s annual median transaction price rose to a record high of $392,025 in 2010, a six-per-cent increase from 2009.

A median price is the price in the middle of all prices ranging from lowest to highest.
Total home sales will rise this year to 95,500 units, rebounding from a 10.5-per-cent drop in 2010 as both resale and new home sales will increase, the forecast said, adding that sales will increase another two per cent in 2012 and a healthy 15 per cent in 2013.

"Even after those gains, sales will be below the levels we saw from 2002 to 2007," Central 1 economist Bryan Yu said. "Low, but rising, interest rates and tighter mortgage insurance rules will restrict sales for the next few years."
Yu said that this year, sales will have been stronger in the first few months as buyers move to beat the tougher mortgage insurance rules that take effect on March 18.
"Metro Vancouver will observe the strongest uptick in early-year activity, given the higher proportion of local buyers and higher prices in those areas," added Yu.
According to a release, although home sales will be strongest in Metro Vancouver area and Northern B.C. during the three-year forecast period, it will weaken in the latter part of 2011.

“While activity is likely to retrench in the second quarter, continued in-migration and labour market gains will continue to provide support to price levels,” the report said of Metro Vancouver. “Price levels are expected to remain flat in 2012, before rising six per cent in 2012.”

As well, the report noted, the economy in the north will continue to benefit from strong commodity markets and trade-related activity, which will keep housing activity on an upward trend through the forecast horizon.

However, the report also said that the weak links in B.C.’s housing market will remain areas with a high exposure to external recreational and retiree buyer demand. Housing markets in the Okanagan, the Kootenays and parts of Vancouver Island will continue to see weaker demand conditions in 2011 as mortgage rates rise and buyers remain hesitant to make discretionary and luxury purchases.
“With demand and supply conditions already favourable to buyers at the current time, a downward trend in price levels is expected to persist into 2011,” the report said of the two regions, which have seen significant declines in recreational purchasers, especially those from Alberta, with many buyers seeking cheaper properties in the U.S.

“The median annual price in the Thompson-Okanagan is forecast to decline six per cent, while Kootenays prices are forecast to decline five per cent.

”Despite that, the report said these markets will observe significant rebounds in 2012 and 2013 as buyers take advantage of lower prices and retiree and recreational demand strengthens on improved economic conditions. Following flat activity in 2011, housing sales in the Thompson-Okanagan region are forecast to rise eight per cent in 2012 while the Kootenays will see 10 per cent growth. Both markets are forecast to record more than 20-per-cent gains in sales in 2013. The Vancouver Sun

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.79% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

REMINDER: New insurance changes coming into effect March 18th.

Email me now with the next person you know that needs financing

All rates quoted are on approved credit.

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

Social Media

2011-03-10T14:35:00.000-08:00

Social Media - Jared Dreyer, Dreyer Group Mortgages Inc.

Today I am going to be talking about the main Social Media mediums and how each of them relates to your business.
I am going to cover each of the “major” social media mediums, their purpose, their audience, and your expected time commitment to maximize your success with each.
First of all, Social Media. Connecting with people and communities online, in real time, is here to stay and growing exponentially. So it definitely is something to consider as a growth strategy for your business.

The first social media we will discuss is Twitter
Envision a bird on a wire – chirping about their day – some birds will listen and others will not. The birds that listen become your followers and you continue to chirp/ tweet and attract more birds.
The purpose of twitter for personal use is talking about what you ate for lunch, your weekend with the family or a great shoe sale. For business it something quite different. You can be very intentional with your business purpose and message in twitter. You could tweet about a new listing, properties you are looking for, your recent sale and how it went – short and sweet. This is an active medium.
It is now current, up to the hour, day, minute information about your business. Twitter is best done on a hand held device because of the frequency in which you need to tweet. The expected time commitment is a minimum of once a day. 2-3 times a day is optimum though. The audience is primarily business partners, your potential clients, existing clients and past clients. Plus other random people and groups that pick you up along the way. Expected results: I tweet about 4 times a day and have over 1500 tweets since January of this year and 780 followers. I have generated direct business through twittering but more importantly build new business contacts. I too have had 2 PR media opportunities as a result of twittering by connecting with an editor for the Vancouver Sun and ad manager on News 1130.

The second social media I would like to address is blogging and Blog Spot . Blog Spot is a great place to generate business connections. It is longer medium than twitter. Blogging is like writing a short news article. It could be a few sentences or a few paragraphs. You could blog about your views on the direction of the real estate market, a community event you sponsored, your business partners and why you would refer them. Re purpose economic updates and post on your blog. It is a larger medium with more broad news topics related to your business. Your audience would be anyone in your industry or related industries, clients and referral partners that view you as an expert in your field. For best results, you would want to blog once a week – maximum once a day. I have been blogging for 2 years and again had been in the media as a result as well build relationships in many areas that benefit my business as well as solidified new partner referral relationships.

Another great medium is You Tube. If you have an iphone 4, you can video and upload to You tube right away. You could You tube your clients testimonials, speak about new listings. You want to upload a new video ever 2 weeks to a month. Once you start it really becomes easy and you see life in a different way as you learn to spot opportunities that would be good to speak about or video.

Ok, lets move on to Linked in. linked in is another online community. It is a community of business people connecting with each other. It is easy to set up with no real maintenance other then accepting other requests to join your network. It is like an online business directory with opportunities to link and connect with businesses you work with or support. It’s one of those things that it is just good to be there.

Finally my nemesis personally but great for businesses is Facebook. Facebook is one of the very best ways to get plugged into large communities and connect quickly to opportunities. For business I recommend doing a personal page – set up as business. There are Fan pages good but you cannot update information and connect as deeply with your community. Facebook takes time to set up. Blog Spot and Twitter are quicker to create and become more of a long list of copy whereby Face book takes longer to set up initially and is more robust. It gets easier to manage as you learn more about how it works and you get into it. It needs to cover many areas of your business and look full and updated. Facebook should be updated at least once a week. You can update “status update” by posing on your “wall” or sending a shorter “status update”. Facebook is great for adding credibility and awareness to your brand and can also generate solid business. Facebook ads can work well to but that’s a whole other topic.

Some final points about Social Media:

All of these mediums can be focused geographically.

The worst thing you can do is to start on this marketing strategy and then stop. There is nothing unsatisfying and credibility limiting than looking at a website’s blog that has not been updated for 6 months. You need to be selective with your social media choices and set a schedule and stick to it.

The important thing to remember is that Social Media only covers one portion of your overall marketing plan and it can easily take over your live. So need to pick and choose. You don’t have to do them all. But if you do choose one, do it well. And pick what makes sense and you can commit to over the long term and what you have capacity for – and does this fit within your overall marketing strategy.

All of these efforts do expand your network and opens up more opportunity to generate business form new and varied communities you may otherwise would not be exposed to.

If you are interested in having any of these Social Networks set up for you, contact our Markeing Manager at 604 536-3802

Looking To Hire A Local Celebrity?

2011-03-10T14:22:00.000-08:00

Looking to Hire a Celebrity for Your Next Business Event ?

Celebrity appearance fees: How much do they charge?
Ever want to hire a celebrity to speak at your company dinner or your birthday party? Take a look at how much they charge. I got quite a kick out of this. Courtesy of All American Speakers. Find out how much your celebrity will cost?

Lance Armstrong, cycling champion, cancer survivor - 200,001 and up
Jerry Seinfeld, comedian - $200,001 and up
Larry the Cable Guy, comedian - $200,001 and up (he's more then Anderson Cooper!)
Alex Rodriguez, all-star MLB player, New York Yankees $50,001 to $100,000
Anderson Cooper, CNN anchor - $50,001 to $100,000
Conan O'Brien, talk show host - $100,001 to $200,000
Jessica Simpson, singer and actress - $100,001 to $200,000
Anna Kournikova, tennis player - $50,001 to $100,000
Allen Iverson, NBA all-star - $50,001 to $100,000

Curt Schilling, former MLB all-star pitcher - $30,001 to $50,000
A.C. Green, ex-NBA player $10,001 to $20,000 -
Amanda Beard, Olympic swimmer - $10,001 to $20,000
Grant Fuhr, former NHL all-star $5,001 to $10,000

Jared Dreyer, Mortgage Guru and model $50 to $100

RBC Survey Results.

Now on to some REAL business.

RBC recently published their annual Homeownership survey. Below are a few highlights that pertain to BC.

An overwhelming majority of Canadians (90 per cent) are confident about real estate in Canada as an investment and 85 per cent feel that they are doing a good or excellent job of paying down their mortgage, according to the 18th Annual RBC Homeownership Study. Almost three-quarters of Canadians (73 per cent) believe that they or their family are well-positioned to weather a housing drop.
"Canadians believe in the long-term benefits of owning a home including the value it can provide, both personally and as a long term investment," said Marcia Moffat, RBC head of home equity financing. "Last year's survey showed that people were looking to buy ahead of rising costs. This year marks a return to more normal levels of purchase intentions and recent housing data reflects this move to a more balanced market."

British Columbia: Interest in buying a home has remained steady in B.C. with 29 per cent of residents likely to buy a home in the next two years. B.C. leads the country in looking to buy a new home (30 per cent) rather than resale (70 per cent) and one third (34 per cent) of British Columbians are most concerned with home prices increasing, the most in Canada.

We're here to help.

Jared Dreyer
Your Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.85% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs financing

Email me now if you want to see how much you can save on your existing mortgage.

All rates quoted are on approved credit.

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients and partners for voting for us!

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

ABOUT JARED

Jared has built his business based on a passion and commitment for delivering exceptional client service. He has provided superior financing solutions to thousands of happy clients over the past 18 years.

As a Government Relations Committee Member of the Canadian Association of Accredited Mortgage Professionals (CAAMP), Board Member and Director of the Mortgage Broker Association of BC (MBABC) for the past 2 years, Chairing the Education and Public Relations Committee, Board Member of the VERICO National Advisory Council and Director of the Mortgage Brokers Institute of BC (MBIBC), Jared works diligently to accomplish positive change within the mortgage industry.

Jared also sits on the Board of the White Rock South Surrey Chamber of Commerce and is a member of the Vancouver Board of Trade.

A strong believer in community, Jared has been very active in setting up business partnership programs for local business as well as giving initiatives to children’s’ charities locally and throughout the Fraser Valley and Metro Vancouver.

Becoming Unbeatable- By Joe Stumpf

2011-03-09T13:47:00.000-08:00

Here is a great blog from my coach Joe Stumpf on overcoming and never giving up.

Enjoy, Jared

Learn To Be Unbeatable
Mar 08, 2011

The most important single quality that you can develop in your lifetime is the quality of becoming “unbeatable!”

Learn To Be Unbeatable

A few weeks ago, I sat with the VP of Marketing in an interview with a candidate to be responsible for our Office Coaching Program.
The candidate had an excellent education from a fine college. He was extremely well dressed, physically fit, handsome and articulate. On the outside, he appeared to be everything that the company would want in an employee who could be groomed for higher responsibility.

After the interview, my VP turned to me and asked, “What do you think?”

I said, “He would not be good for the job.”

The VP of Marketing was a bit shocked and asked, “Why?”

I said, “He has all the qualities we would desire but one.

His life has been far to easy up till now.

He has not yet learned to overcome; he has not learned to be unbeatable.”
I knew the role would require tremendous internal strength, resilience and unbeatable determination to overcome obstacles and difficulties to succeed in our competitive marketplace.

He had not yet developed the spirit of being unbeatable because he had not had anything to overcome, yet!

During the last 30 years, I have learned the way that I can predict with 95% probability a person success is; Do they have the ability to overcome difficulties, adversities, obstacles and setbacks because it is the most valuable quality that you can develop.

I call it the "Unbeatable Spirit" – and once you commit to it, it will enable you to use all of your other strengths and gifts to the utmost.

The wonderful thing is that, the more unbeatable you become the easier it is to bounce back from defeat and disappointment, which results in you becoming stronger and stronger and even more unbeatable.

retweet3 CommentsPosted by Joe Stumpf

Direction Of Canadian Mortgage Rates

2011-03-03T15:22:00.001-08:00

We are seeing a new direction in interest rates or maybe it is what always happens? We are now seeing the fixed rates drop lower again as the price of oil, gold rise up. This setting up for another year of up/down fixed rates and some minor increase in the prime rate. This is what has been happening since i have been in the business 17 years ago. The rates go up and they go down depending on many nurmous factors. The main two factors to follow in my opinion is the price of oil and the unemployment numbers in Canada and the US. Those can give you some insight on what direction rates will be heading in the next 90-120 days. Outside of that time frame, is a guess and of course this is subject to change at anytime.

Press Release On Canadian Mortgage Changes

2011-03-01T13:14:00.000-08:00

(1888PressRelease) March 01, 2011 - Vancouver BC - Announced in January, the Canadian Mortgage Insurance program changes are fast coming into effect. These new Mortgage Insurance changes may effect home buyers in Canada.

Summary of Changes:
Maximum amortization is decreasing down from 35 years to 30 years.
Maximum Equity Take out is decreasing from 90% to 85%.
Canadians will no longer be able to secure a line of credit on their homes if the loan-to-value is under 80% on insured lines only.

The Canadian Credit Center (CCC) spoke with Jared Dreyer, Accredited Mortgage Professional and President of VERICO Dreyer Group Mortgages Vancouver. He says "I have been getting numerous emails and calls regarding the new mortgage regulations coming into effect March 18th, 2011. While they don't effect everyone, a short conversation and getting pre-approved should protect you against the changes". Dreyer adds, "Anyone considering Refinancing, Purchasing a New Property, or Making ANY Changes to their mortgage should call their mortgage broker now".

Jared Dreyer commented further on how these Canadian Mortgage Insurance Changes may affect home buyers in Canada.

CCC: Does the mortgage for either a purchase or a refinance have to close by March 18th.
Jared Dreyer: "No, it has to be a firm contract and approved before March 18th, however it can close after."

CCC: If I have a pre-approval but have not found a home before March 18th, how does this affect me?
Jared Dreyer: "It has to be a firm contract in place before the 18th, however it can close after the 18th."

CCC: If I have a 40-year amortization and when it comes up for renewal will I get a 30-year amortization or 35- year?
Jared Dreyer: "You will get a 35-year amortization."

CCC: What if I am in a 35-year amortization and would like to refinance some other debt into my mortgage?
Jared Dreyer: "If you get it approved before March 18th a 35 year amortization will be available, after the 18th it will be a 30 year amortization."

CCC: I'm thinking of porting my mortgage over to another home I've bought as I've sold mine, what happens?
Jared Dreyer: "Each lender seems to have a different policy on this, if you are thinking of selling and porting your mortgage please let me know and I will find out."

Remember that until you apply to a lender and receive a pre-approval, you will not avoid these changes.

For more information on these changes and if they will effect you, Contact the independent Vancouver mortgage team of Dreyer Group Mortgages 1-800-687-9020 or go online www.dreyermortgages.ca

Deadline March 18th, 2011

###

Reminder-Mortgage Changes Coming Into Effect Soon

2011-02-24T17:04:00.001-08:00

Reminder - Mortgage Changes Coming Into Effect Soon

Good Afternoon,

I have been getting numerous emails and calls regarding the new mortgage regulations coming into effect March 18th, 2011.

I wanted to send out a reminder that if you or a client of yours is Purchasing a Home (especially if they are first time home buyers) or Refinancing, now is the time to call our office and get pre-approved to avoid these changes should they potentially apply.

Below are the New Regulations again and some Q&A's. If you have ANY questions, please do not hesitate to call. Better to be safe.

Changes are as follows:

• Maximum amortization is decreasing down from 35 years to 30 years.
• Maximum Equity Take out is decreasing from 90% to 85%.

Q: Does the mortgage either a purchase or refinance have to close by March 18th.
A: No, it has to be a firm contract and approved before March 18th, however it can close after.

Q: I have a pre-approval but I haven’t found a home before March 18th, how does this affect me?
A: it has to be a firm contract in place before the 18th, however it can close after the 18th.

Q: I have a 40 year amortization and when it comes up for renewal will I get a 30 year amortization or 35 year?
A: You will get a 35 year amortization.

Q: I’m in a 35 year amortization and would like to refinance some other debt into my mortgage?
A: if we get it approved before March 18th 35 year will be available, after the 18th it will be 30 year.

Q: I’m thinking of porting my mortgage over to another home I’ve bought as I’ve sold mine, what happens?
A: Each lender seems to have a different policy on this, if you are thinking of selling and porting your mortgage please let me know and I will find out.

I’ve done my research however until you or your clients apply to a lender, they of course have the last word (my disclaimer), we cannot get a firm approval. So the application needs to get in sooner rather than later. Apply now

What to do now?

If you or your clients are considering making ANY mortgage changes or purchasing a home, call our office at 604 536-3802 NOW to a determine the best course of action.

We're here to help.

Jared Dreyer
Shop Your Mortgage. Save Money
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

3.85% 5 Year Fixed Mortgage Rate

2.20% 5 Year Variable Rate

Email me now with the next person you know that needs financing

Email me now if you want to see how much you can save on your existing mortgage.

All rates quoted are on approved credit.

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Follow me on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators

Dreyer Group Mortgages Voted BEST MORTGAGE BROKER 2010, Surrey, North Delta, White Rock, South Surrey by NOW Newspaper Readers. Many thanks to our valued clients for voting for us!

Canada Housing Outlook 2011

2011-02-14T15:21:00.000-08:00

Housing Outlook 2011

Although existing home sales in the fourth quarter of 2010 were down 19% year over year, the fact they were up 12.7% compared to Q3/2010 clearly suggests that Canada’s housing market was picking up strength in the final months of 2010.

Factors contributing to this improvement include strong growth of full time employment (+152,000 gain over the previous four months) plus an improvement in affordability stemming from a combination of lower mortgage rates and a significant slowdown in house prices.

Looking forward, the fundamental drivers of housing demand remain positive.

First, based on the most recent Bank of Canada Business Outlook Survey, the outlook for job growth over the next twelve months exhibited a healthy increase in the fourth quarter and now stands at its highest level since the fourth quarter of 2009.

Second, according to the most recent Royal Bank Housing Trends and Affordability Report, housing affordability improved in the third quarter due to lower mortgage rates and some softening in home prices.

Moreover, according to the report, further improvement in affordability is likely due to moderating house prices and rising incomes, despite the prospect for somewhat higher mortgage rates.

While the fundamentals of sustained growth of employment and positive affordability should underpin housing demand over the near term, the federal government’s recently announced plans to tighten mortgage lending rules by reducing the maximum amortization period on government insured mortgages from 35 to 30 years will probably put a drag on housing demand during the second half of the year.

Based on information reported in the November 2010 Annual State of the Residential Mortgage Market in Canada, prepared for the Canadian Association of Mortgage Professionals, this measure will primarily impact first time buyers since an estimated 30% of new mortgages issued over the past year had 35 year terms.

For 2010 as a whole, housing starts are expected to total 180,000 compared to an estimated 193,000 in 2010 and 149,000 in 2009.
Canada housing starts – all areas

Data Source: CMHC/Chart: Reed Construction Data, CanaData
Contributing Editor JOHN CLINKARD

Warm Regards,
Jared Dreyer, AMP
Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

12 Riches of Life:

1. A Positive Mental Attitude – purposefully think pleasant thoughts and these thoughts will exhibit “attraction power” that will draw good things into your life. For example, focus on finding that single perfect flower and when you do, buy it and display it on your table or desk for all to admire. Costs little, but pulls in positive vibrations.

2. Sound Physical Health – eat well, exercise daily, and move your body hourly for optimum results.

3. Harmony in Human Relations – talk less listen more. Condition yourself to consider another’s point of view.

4. Freedom From Fear – exchange your fears for faith and refuse to worry about something that you cannot control.

5. The Hope of Future Achievement – set simple goals and live up to your expectations. Start small and work up!

6. The Capacity for Faith – read faith based stories for inspiration, and seek out similar experiences in your own life.

7. Willingness to Share One’s Blessings – give from your current earnings, not only from your surplus.

8. A Labor of Love – do something that you enjoy for the PURE joy of doing it.

9. An Open Mind on All Subjects – challenge yourself to grow and exceed the space you now occupy in the world. Go beyond where you are and learn something new.

10. Self-Discipline – budget your time and money and create a daily plan for the maintenance of sound health. A little done each day adds up in a month’s time.

11. The Capacity to Understand People – school yourself in the nine basic motives that inspire people to do things. Next consider your primary and secondary motives – good or bad. You are where you are in life because of the actions you take.

12. Economic Security – plan for your financial security by saving a set portion of your weekly income. Never become someone’s servant or slave due to lack of personal finances.

When you acquire a “nose” for these twelve riches of life, you will truly be a blessing to yourself and others and also a success by the best ruler for measuring a life well lived. It’s been said that success by the yard is hard, but by the inch it’s a cinch.
Judy Williamson, Director Napoleon Hill World Learning Centre.

Do You Really Want To Change?

2011-02-09T12:15:00.000-08:00

This is a great phrase on change from my coach Joe Stumpf. Hope you enjoy!

Feb 08, 2011
When you say, “I want to change,” what you’re really talking about is your habits. The habits are conditioned in your childhood. Even more ingrained are the habits that come from the deep, evolutionary, primitive past. You know from our past conversations that the most primitive habit is to survive. It’s to stay safe. It’s to be secure.
The habit of creating a safe and secure, fully comfortable life that limits risks helps us hide our authentic power behind a mask called “play it safe.”

Yet, it’s true that your most important personal growth occurs outside your safe comfort zone. We grow personally when we step up and we take intelligent, healthy, risks.
Actually, you know in your own experience that the real juice in life is when you take off the “play it safe” mask and you allow yourself to be energized by the challenge.
But many times, have you caught yourself wanting and hoping for an easier, softer way or simply allowing security and circumstances to determine your challenges versus really seeking your security? I mean, truly seeking your security in playing a bigger game and making your life all about stripping the mask away and truly revealing your authentic power?
Imagine living a life that its purpose is to live authentically every moment.
Imagine that.
Imagine waking up and your purpose is to live a life authentically every moment. What kind of power would that take? I would call it authentic power.
Authentic power is something that no one can give you. No one can make it happen for you. You must do the work to bring it out of you.
You can hang around people who demand authenticity, but they can’t do it for you because authentic power is when you are guided by your own awareness, your own mindfulness, your own intentions, and that you consciously choose – with compassion, and empathy, and wisdom – to access your authentic power.
My hero’s journey into this world of personal growth has been about finding – and changing – the parts of my personality that do not intend for me to be authentically powerful.
How many of you can recognize there are parts of your personality right now that do not intend for you to be authentically powerful?

Canadian Mortgage Rule Changes

2011-02-01T16:07:00.000-08:00

We have now been a couple of weeks into the new mortgage rule changes and the calm, reality is setting in. The Canadian real estate and Mortgage market is not going to fall off a cliff!! The changes the Canadian government made only affect a very small percentage of home buyers and even fewer clients that are refinancing. The banks have done a very good action by keeping conventional mortgages at 35 year amortizations and we even have a lender that offers 40 years. The bottom line is we still have historic low interest rates from low 2% range for variable.There is a lot of less selection which is firming up the prices once again. People are now buying for the reason they need and taking advantage of the great opportunities out there.

Success 2011

2011-01-31T17:00:00.000-08:00

Success is a science; if you create the right conditions, you get the right result. Oscar Wilde

Good Morning,

In creating Success 2011 for you, a coach of mine identified this list of mind-sets and behaviors all successful people do differently from everyone else. Take a minute to reflect on these powerful points:

1. Successful people believe "I create my life". Others believe "Life happens to me".
2. Successful people play the game to win. Others play the game not to lose.
3. Successful people are committed to constant improvement. Others want to improve.
4. Successful people think big. Others think small.
5. Successful people focus on opportunities. Others focus on the obstacles and missed opportunities.
6. Successful people admire other successful people. Others resent successful people.
7. Successful people associate with other positive, success people. Others associate with other negative or unsuccessful people.
8. Successful people are willing to promote themselves and their value. Others think negatively about selling and promotion.
9. Successful people are bigger than their problems. Others are smaller than their problems.
10. Successful people are excellent receivers. Unsuccessful people are poor receivers.
11. Successful people choose to get paid on results. Others decide to get paid on time.
12. Successful people think "both". Others think "either/or".
13. Successful people have their money work hard for them. Others work hard for their money.
14. Successful people act in spite of fear. Others let fear stop them.
15. Successful people constantly learn and grow. Others think they already know.
Be, Think, and Act Successful! to find out more go to worksmartbesmart.com

Mortgage Questions and Referrals, I'm here to help.

Jared Dreyer
Shop Your Mortgage. Save Money
604 649-5991

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Dreyer Group offers historically low rate of 3.64% for a 5-Year Fixed
rate mortgage.

To put this in perspective, in October 2009, a low 5-year fixed mortgage rate was 4.34%. 2 years ago the 5 year fixed rate was approximately 5.70%.

Mortgage Rule Changes

If you know someone looking to buy their first home, now is the time to get pre-approved in anticipation of new mortgage rule changes.

If you or someone you know is looking to refinance their mortgage, now is the time to get pre-approved in anticipation of the new mortgage rule changes.

If you or someone you know may need financing $500,000 or over, Dreyer Group has access to this exclusive rate special

All rates quoted are on approved credit.

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Did Canada Need Mortgage Rule Changes?

2011-01-18T11:22:00.001-08:00

The Canadian Mortgage Insurance program will have the following changes.

A reduction to the amortization period of the mortgage from 35 to 30 years. These are for new government backed (or Canadian Insured mortgages only.) when a borrower has less then 20% down payment on their property. At this time, conventional mortgages with down payments of over 20% are not effected. The goal of the government is to reduce the total amount of interest payments Canadians make on their mortgage each month. The hope is to reduce Canadians risk of higher debt exposure, expedite the process of building equity in the home and pay off their mortgage faster.
Another new change is the Canadian Mortgage Insurance program is the maximum about Canadians can borrow with refinancing their mortgage. The new maximum is 85% of the value of the home. In the past, Canadians could borrow up to 90% of the value of their homes when refinancing. The government made this change to promote saving through home ownership and limit the refinancing of debt into mortgages.
Canadian mortgage insurance will also effect home secured lines of credit. Canadians will no longer be able to secure a line of credit on their homes if the loan to value is under 80%. Banks and other lenders at this time will continue to secure lines of credit on homes using their current guidelines.

While Canada Mortgage Insurance has made these changes, many lenders will still allow access to 35-year amortizations as long as the loan to value is over 20%. Rates continue to remain low so there is continued strong demand for purchasing and refinancing.

While refinancing your mortgage will be effected either way, it is not by much. The Canadian Bankers Association released a survey in December 2010 showing Canadians with mortgages which have significant equity in their home, averaging about 50 per cent of the home's value so there is still plenty of room for Canadians to purchase a home, investment properties, recreation properties and refinance with these changes. As well the survey points out that national mortgage-in-arrears numbers remain very low, at less than half of one per cent.

"The real debt load problem is with credit cards and unsecured lines of credit" says Jared Dreyer, President VERICO Dreyer Group Mortgages". "The Canadian government has done nothing to address the lenders rules for consumer qualifications for these products. In my opinion this is the real issue in household debt and it is not being addressed with the lenders at all. We need to provide better education and guidelines on these unsecured products to the consumer. This government by implementing these changes to the Canadian Mortgage Insurance rules has overlooked these issues. Canada does not have the population base to take even more consumers out of the housing market. I hope
that the government does address the unsecured banking practices with as much attention as they have with sound secured mortgage debt".

Average MLS resale price for local markets

City

November 2009

November 2010

Halifax

$239,514

$252,554

Saint John, NB

$178,484

$170,610

Quebec

$217,571

$244,209

Montreal

$284,516

$305,258

Ottawa

$314,071

$325,150

Toronto

$418,502

$437,999

Hamilton/Burlington

$310,377

$310,492

Winnipeg

$202,128

$226,886

Saskatoon

$278,885

$312,893

Calgary

$401,201

$398,619

Edmonton

$318,482

$318,538

Vancouver

$622,564

$699,009

Victoria

$490,892

$511,648

Source: Canadain Real Estate Association

Bank of Canada Interest Rate

October 19, 2010

1.00%

December 7, 2010

1.00%

January 18, 2011

Next meeting date

Source: Bank of Canada

Bank Prime Lending Rate

October 20, 2010

3.00%

December 8, 2010

3.00%

January 19, 2011

Next meeting date

Source: Bank of Canada

Continued Success in 2011!

Jared Dreyer, AMP
Mortgage Professional
604 649-5991
www.dreyergroup.ca
jared@dreyergroup.ca
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

The Donald's Sales Tips to Get You Pumped for 2011

Never do things for your customers and prospects in a small way. Make it big or don't do it at all.

Everyone likes to do business with a winner. No matter what stage of your career, you need to think like you've made it.

Be a big thinker. The timid and the small thinkers will talk sports and weather. They will pale in comparison to the bold winners who share compelling stories and ideas.

Be focused. Put everything you’ve got into what you do every day.

Believe in yourself. If you don’t, no one else will.

Be tenacious.

Trust your instincts.

Maintain your momentum and keep everyone moving forward.

See yourself as victorious and leading a winning team.

Be passionate about what you do.

Live on the edge. Do not become complacent.

Leadership is not a group effort. If you’re in charge, then be in charge.

Never give up!

Don't sell. Thrill.

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Canadian Interest Rates What Direction?

2011-01-14T14:03:00.001-08:00

We have been seeing a lot of reports, predictions, economists papers on what is going to happen to rates in 2011. The real answer, no one really knows.That is the gift of making predictions we can be wrong and right at the same time. We have had a decade of low interest rates and over two years of the lowest historic rates on record. This means there is only one direction and that is up. We are not going to see large rate increases as some have been hoping for(doomsday believers). We should see prime rise by.50-.75% over the next year and the fixed rate increase by the same amount. This will not affect buying habits of people or stop jobs from being created. We are in a new era of debt load and management.The older generation needs to understand that we are not going to be able to buy homes in Vancouver for $12,000 and watch it go to $1,500,000 over 35 years. This means we need low interest rates and good debt management for toady's home buyers.

Vancouver Affordable?

2011-01-13T16:43:00.000-08:00

2011 is Looking Superb!

2011-01-12T13:34:00.000-08:00

2011 is Looking Superb!

It seems like yesterday I was writing my 2010 letter. This past year has been a great one for Dreyer Group and myself personally. It was of course also a memorable year for Vancouver and all of Canada. Like you, I felt a huge sense of pride in our cities great achievements in delivering one of the best Winter Olympic Games. I’ve found one of the most humbling remnants from the Olympics came to me quite unexpected the other day while at a hockey game. I noticed I was singing the national anthem, and others around me were too, belting out Oh Canada! I have to admit, I did not sing the anthem until the Olympics (I was a mouth mover) and now I am filled with pride every time it’s played… to the chagrin of my kids of course. Which brings me to another observation I had this past year. Although my kids are getting older and Skype, Facebook and cell phones are their best friends, I came across this picture (below) in my computer. It was taken this past spring break. I marvelled how my 11 and 13-year-old boys are holding my hand. I thought, with all the changes going on around them, I must be doing something right if my two boys willingly walk in public holding my hand.

Davis and Cole taking a stroll with Dad…. ahhhhhh

2010 was another great year for Dreyer Group with 6 new brokers joining our team. I look forward to expanding Dreyer Groups mortgage services to more locations in Metro Vancouver this coming year.

We too expanded our business partner referral program supporting many local business owners. I am thrilled Dreyer Group has close relationships with many local successful businesses which include, JJ & Whiskey, Pearl, on the Rock Onyx Steakhouse & Lounge, Splashes Wash Lodge, Kitchen Therapy, Kitchen Garden, Aru Spa, J. Gregory, Fratelli 's Bakery, Performance Chiropractic & Wellness, Homelife Benchmark, Innovative Fitness and KN&V Chartered Accountants to name a few. I encourage you to visit these businesses who too are avid supporters of our communities. If you would like more information on how to participate in our Business Partner Referral Program, please do not hesitate to call us.

In my continued dedication to support business and the mortgage industry, I am thrilled to now sit on the Board of the South Surrey, White Rock Chamber of Commerce and recently joined the Vancouver Board of Trade. As well, I continue to sit on the Board of the Mortgage Association of BC (MBABC) and committees for the National Association of Accredited Mortgage Professionals (say that 10 times!) ... thank goodness for my amazing team back at the office helping to take such great care of all of you.

This past year I am extremely proud of our team giving over $7,500 to children in need throughout BC; including CKNW Orphans Fund, Dreyer Group Smiles in conjunction with the Salvation Army and Bulumbu Orphan Care Program. I too take great pride in supporting our amazing community hospital - Peace Arch and the Surrey Christmas Bureau through the great folks at i-Finance.

I am extremely grateful for your support this past year. If there is anything I can do to help you, your clients, family or friends this coming year, please let me know.

I wish you and your family every success, health and happiness - it's going to be a superb 2011!!!

Warmest Regards,
Jared Dreyer, Your Mortgage Professional
604 649-5991
www.dreyergroup.ca

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

My beautiful daughter Jacqueline in front of the Olympic torch.

Birthday Cake Fact: This past year Dreyer Group gave out over 2000 birthday cake coupons! We hope you enjoyed your cake!

January 1st 2011. Me and my new friend took the plunge at the annual Polar Bear Swim! Not sure if I will do that again but at least it's checked off my bucket list! I am however training to run the 1/2 IronMan in 2012. Will keep you posted on how that’s going! I’m not the lightest guy on a bike… and swimming… well…

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Canada Mortgage Debt Load

2010-12-29T14:12:00.000-08:00

There is a lot of media attention towards the high level of debt Canadians have currently and the increase in mortgage volume over the past years. I do think this is overblown by the media and the Canadian government. We have seen major increases in home prices over the last decade across Canada. Vancouver and Toronto have increased by some 240% from 2000-2010. So with to days house prices, more ownership across Canada it stands to reason we would have more debt load. What i do not understand is the thinking that we should be like our parents generation over 60 plus. They were in the same spot 40 years ago buying homes and earning very little income.They had a hard time saving and worked very hard for everything that they have today. Today's society is a payment plan, not that is is right, it just is. The government should not be telling me or anyone how much money i should spend and on what. We have great safeguards in place right now by the banks. These high standards have led us to the great stability that we are all enjoying now. In my op ion we should be focusing on how to pay your mortgage off faster, set up a savings plan, rrsp plan. This would help more Canadians to get better educated to make the best choices on how to spend the money that we all work very hard for. Financial education for all Canadians is the key, not more rules.

A Story To Consider

2010-12-22T14:45:00.000-08:00

Have a Wonderful Holiday Season
Merry Christmas from all of us at Dreyer Group

A Story to Consider
Merry Christmas! I hope you are enjoying the last of 2010 and have all your shopping in order.

I came across this story on an email a few years ago and it has resonated with me every since. It amazes me the impact of our large and small actions and the influence they have on people in our daily lives... some of which we never find out the full power of our actions until many years later. Sometimes we never know. The story (below) really speaks to that.

This Christmas season I encourage you to consider every single interaction you have with others. Maybe take an extra minutes to chat to a store clerk, use both hands to shake someone's hand, give an encouraging word or compliment.... who knows, maybe that person was having a really sad time in their lives and you just made it a little brighter.

I want to thank you for your continued support of my business and team. We are deeply grateful to have you as clients and partners. May the peace and goodwill of the season fill every heart and warm every part of your home.
Your Friends in the Mortgage Business, Jared Dreyer& Team
604 649-5991

See below for the story..... grab a hot coco and tissue.....

One day, when I was a freshman in high school, I saw a kid from my class was walking home from school. His name was Kyle. It looked like he was carrying all of his books. I thought to myself, 'Why would anyone bring home all his books on a Friday? He must really be a nerd.'
I had quite a weekend planned (parties and a football game with my friends tomorrow afternoon), so I shrugged my shoulders and went on. As I was walking, I saw a bunch of kids running toward him. They ran at him, knocking all his books out of his arms and tripping him so he landed in the dirt. His glasses went flying, and I saw them land in the grass about ten feet from him. He looked up and I saw this terrible sadness in his eyes.

My heart went out to him. So, I jogged over to him as he crawled around looking for his glasses, and I saw a tear in his eye. As I handed him his glasses, I said, 'Those guys are jerks.' They really should get lives. ' He looked at me and said, 'Hey thanks!' There was a big smile on his face. It was one of those smiles that showed real gratitude. I helped him pick up his books, and asked him where he lived. As it turned out, he lived near me, so I asked him why I had never seen him before. He said he had gone to private school before now. I would have never hung out with a private school kid before. We talked all the way home, and I carried some of his books. He turned out to be a pretty cool kid.

I asked him if he wanted to play a little football with my friends He said yes. We hung out all weekend and the more I got to know Kyle, the more I liked him, and my friends thought the same of him. Monday morning came, and there was Kyle with the huge stack of books again. I stopped him and said, 'Boy, you are gonna really build some serious muscles with this pile of books everyday! ' He just laughed and handed me half the books. Over the next four years, Kyle and I became best friends... When we were seniors we began to think about college. Kyle decided on Georgetown and I was going to Duke.
I knew that we would always be friends, that the miles would never be a problem. He was going to be a doctor and I was going for business on a football scholarship. Kyle was valedictorian of our class. I teased him all the time about being a nerd. He had to prepare a speech for graduation. I was so glad it wasn't me having to get up there and speak Graduation day, I saw Kyle. He looked great. He was one of those guys that really found himself during high school. He filled out and actually looked good in glasses. He had more dates than I had and all the girls loved him. Boy, sometimes I was jealous! Today was one of those days. I could see that he was nervous about his speech. So, I smacked him on the back and said, 'Hey, big guy, you'll be great!' He looked at me with one of those looks (the really grateful one) and smiled. ' Thanks,' he said. As he started his speech, he cleared his throat, and began 'Graduation is a time to thank those who helped you make it through those tough years. Your parents, your teachers, your siblings, maybe a coach...but mostly your friends... I am here to tell all of you that being a friend to someone is the best gift you can give them. I am going to tell you a story.' I just looked at my friend with disbelief as he told the first day we met. He had planned to kill himself over the weekend. He talked of how he had cleaned out his locker so his Mom wouldn't have to do it later and was carrying his stuff home. He looked hard at me and gave me a little smile. 'Thankfully, I was saved. My friend saved me from doing the unspeakable..'
I heard the gasp go through the crowd as this handsome, popular boy told us all about his weakest moment. I saw his Mom and dad looking at me and smiling that same grateful smile. Not until that moment did I realize it's depth. Never underestimate the power of your actions. With one small gesture you can change a person's life. For better or for worse.

________________________________________
About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

And So This Is Christmas;
And What Have We Done?
Another Year Over; A New One Just Begun;
And So Happy Christmas;
I Hope You Have Fun;
The Near And The Dear Ones;
The Old And The Young.
John Lennon

________________________________________
Inspiring Thoughts for 2011

Have a vision for your life.

See your work as a craft.

Expect the best and prepare for the worst.

Read “The Autobiography of Benjamin Franklin”.

Know the 5 highest priorities of your life.

Become stunningly polite.

Say no to distractions.

Shift from being busy to achieving results.

Get a mentor.

Hire a coach.

Get up at 6 am each day.

Eat less food.

Find more heroes.

Be a hero to someone.

Smile at strangers.

Be the most ethical person you know.

Don’t settle for anything less than excellence.

Savor life’s simplest pleasures.

Save 10% of your income each month.
Spend time at art galleries.

Walk in the woods.

Write thank you letters to those you’ve helped.

Forgive those who’ve wronged you.

Exercise daily.

Get serious about gratitude.

Create unforgettable moments.

Unplug your technology.

Read daily.

Be content with what you have.

Be passionate.

Never miss a moment to celebrate another.

Know your strengths.

Be patient.

Don’t give up.

Use impeccable words.

Travel more.

Honour your parents.

Be a great teammate.

Give no energy to critics.

Speak less. Listen more.

Make your life matter.

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________________________________________
Build A MortgageTM

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Merry Christmas

2010-12-17T13:31:00.001-08:00

Hi Everyone,

From our family to yours, we wish you all a very Merry Christmas and Happy Holiday Season! We look forward to all the opportunities 2011 has in store.

Wishing you and your family health happiness and continued success.

Here is a little ditty we did in celebration of the season.... http://elfyourself.jibjab.com/view/JmNEQFQEi5Sn4C9VHDVX

What Does Dreyer Group Mortgages Do?

2010-12-13T17:40:00.001-08:00

Check us out online www.dreyergroup.ca
Dreyer Group
Independent Mortgage Brokers
• We are one of the top teams in Canada. Our volume of business enables us to secure the best mortgage rates and products for our clients.
• Our service is free in 99% of the cases. We get paid by the lender we place the mortgage with based on the size not the rate – so getting the best rate and mortgage for our clients is top priority.

• Unlike bank reps, we shop mortgages to many of the trusted lenders, banks and credit unions you are familiar with. Over 50 in total across Canada. Plus we have access to specialty mortgage products that are only available through the mortgage broker channel.
• And, we will continue to shop the mortgage rate up until 10 days of the mortgage. If rates go down, our clients win.

• We have numerous mortgage strategies to ensure our clients are making the best financing decision – such as the Inflation Hedge Strategy.

• Our company is part of the South Surrey Chamber of Commerce, Vancouver Board of Trade, Mortgage Brokers Association of BC and Canadian Association of Mortgage Professionals.

• Our goal is to build long term relationships with our clients and partners based on solid advice, trust and exceptional service. We take care of our clients long after your mortgage funds.

• Too, we are committed to the community and you will be happy to know that a portion of every mortgage we fund goes directly to children’s shelters in the Lower Mainland. In addition, we are large supporters of local businesses and our extensive referral program enables us to send clients and partners to this network to help them build their businesses.

• And referrals really are how we do our business. By providing our clients and referral partners with the best service, advice and mortgage products, we hope in turn we will continue to be referable. This will help us to continue to have large volumes to source the best mortgages at the lowest rates. And… we will reward you for sending us a referral.

________________________________________
About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Christmas Cards that Give More
I wanted to connect with you today regarding purchasing Christmas cards for your company. Bulembu, one of the programs Dreyer Group supports is working with the folks at Giving-Matters to offer unique Bulembu cards that can be personalized for your business while sharing the Bulembu story with those who would receive them. With every purchase Giving-Matters also donates a portion of your order back to Bulembu. If you do purchase cards at Christmas, this is a simple way to make your Christmas shopping easier while supporting Bulembu.
More info can be found at http://bulembu.giving-matters.com/bulembu/Home.aspx

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators
________________________________________
Build A MortgageTM

An exciting new tool that gets your best mortgage rate in an instant!
It's simple and requires no commitment on your part.
1 minute is all it takes to shop the mortgage market.
________________________________________

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Dreyer Group Mortgages Inc.
#308 - 15252 32nd Avenue
South Surrey BC V3S0R7
Canada

Top 7 Qualites Of People To Enhance Your Success

2010-11-29T12:10:00.000-08:00

Greetings,

I received this list of seven qualities of people that enhance your success and passion for life from my long-term coach Joe Stumpf. Take a moment and reflect on who you choose to spend your time with - other than family of course- and whether or not they are adding the quality and fullness to your life. Do these sound like extraordinary people to you? People you would like to meet and spend time with?

Quality #1. People who want to get and stay inspired by others. These people have a passion to grow, improve and excel.

Quality #2. People who discover their own personal insight. These people ask the hard questions and are not afraid of digging deep into the human core and sharing their passionate prospective.

Quality #3. People who want to be responsible leaders. It is one thing to be a leader, but another to be committed to being a responsible leader. These people have a desire to lead but are open to being lead. They check their egos at the door and see themselves as equals.

Quality #4. People who want to change their personality. These are people who are constantly pushing the envelope of profound personal shifts based on their commitment to evolve to be their very best person.

Quality #5. People who want to create clear and bold goals. These are people who are personally driven to manifest self-improvement in their health and lifestyle, business and money and relationships with people close to them. They set high goals with every intention of achieving them.

#6. People who want to create profitability through accountability. These people want to be at the highest version of themselves and ask others to help them be accountable for achieving that objective.

#7. People who want to learn so they can teach. These people are so great to be with because there is a never ending flow of exciting information between participants.

Interested in getting going on Facebook, Twitter, You Tube but don't know where to start? Dreyer Group now offers a program to help get you set up and connected. Email meryll@dreyergroup.ca now to get the cost outline. First 10 Accounts will Receive 20% off!

Jared Dreyer
Shop Your Mortgage. Save Money
604 649-5991
jared@dreyergroup.ca

Connect with me on Linkedin

________________________________________
About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

NEW DREYER GROUP
SOCIAL MEDIA
SERVICE

Interested in getting going on Facebook, Twitter, You Tube but don't know where to start? Dreyer Group now offers a program to help get you set up and connected. Email meryll@dreyergroup.ca now to get the cost outline. First 10 accounts will receive 20% off!

Buy a Stuffie for $10.00 and Help Kids. Find out more

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Follow me on twitter

Follow my financial blog

Watch my You Tube videos

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Mortgages In Canada Are Not Simple

2010-11-26T13:30:00.000-08:00

In today's Canadian mortgage environment, you need help.The mortgage market is not easy and simple to get approved and all documents related to the approval.

Accredited Mortgage Professional that are independent can help you thought today's environment.You have many players involved in the mortgage process from the lender, appraiser, lawyer, real estate agent, title insurance, house insurance, life insurance, and a good mortgage broker team can quarterback this for you. We work for you to help make sure all of these people do their job and ensure the bumps along the road are managed well.

There are many different lenders and each lender has their own set of rules for how the mortgage is approved, conditions, lawyer instructions, mortgage features and rates. You need the help of a professional to sort through the maze and ask the questions to get the best option tailored to your needs.

Contact an independent Accredited mortgage Professional.

BC To Remain Strong

2010-11-18T14:06:00.000-08:00

Good Afternoon,

Below is a great article that appeared in the Vancouver Sun today. I encourage you to share with your business partners and clients to spread the good word. I have also included some interesting mortgage statistics from the Canadian Accredited Mortgage Professional Association Survey.

As a quick mention, we have a 5 year fixed rate today for 3.49%. This rate will be going up tomorrow. If you or any of your clients is interested in securing this rate, we need a completed online application sent in before 3pm. Link here to access. OR call our office at 604 536-3802 and my team can take a phone application. Hope you have a great rest of the day!

BC to Show Solid Economic Performance: Forecast

B.C. is expected to show a solid economic performance through 2011 despite the country’s slowing growth, says a report released Wednesday.
The Scotiabank forecast said areas that have strong commodity-based economies in the west, east and north of the country will see relatively stronger growth, as compared to places largely dependent on manufacturing.

B.C.’s GDP growth of 2.8 per cent will be supported by strength primarily in coal and copper, and in increased shipping activity. Private sector services are improving and gains are expected in professional and technical services as well as transportation, warehousing and information technology.

“The slower national momentum over the spring and summer is expected to persist into 2011, reflecting a number of factors, including a winding down of inventory restocking, a cooling off in housing activity and a more cautious consumer,” said Scotia Economics economist Alex Koustas.

“Meanwhile, resource-related activity is ramping up alongside strong emerging-market demand for key industrial products, which along with a weaker U.S. dollar, is boosting commodity prices,” said Scotia Economics economist Alex Koustas.

Rising prices for oil and metals will play a role in bolstering certain parts of the country, the report said.

However, the low U.S. dollar, which creates a higher loonie, will also hurt export-oriented factories, which have been key to helping the economy grow in provinces like Ontario and Quebec over the last year, Scotiabank said.

In B.C., copper prices are at very lucrative levels, the report said. There is room for production expansion and an 8- to 10-per cent increase is expected for 2011. Coal production is now back to pre-recessionary levels with a 17 per cent rebound year-to-date. Natural gas assets are expected to attract significant investment in coming years.

Transportation has picked up significantly with the turnaround in commodity markets and increases in worldwide trade and traffic.

B.C. manufacturing employment has dropped a cumulative 20 per cent since 2007, including a 1.8 per cent drop year-to-date. Forestry has shown a moderate rebound, but shipments are still well below pre-recessionary levels and notable improvement is unlikely in the near-term given a weak American housing outlook, Scotiabank said. Exports to China have been rising due to demand for B.C. specialty framing and wood planks.

B.C. has shown the fastest retail sales growth in the country at 6.6 per cent year-to-date due to strong employment gains, wage increases and last year’s housing market recovery; however last year’s base was low and sales may have been brought forward by the mid-year shift to the harmonized sales tax.

Alberta is forecast to see the most economic growth among provinces in 2011 — 3.5 per cent. Saskatchewan and Newfoundland and Labrador are not far behind, with expected growth rates of 3.3 and 3.1 per cent, respectively.

In Ontario, a modest economic expansion of two per cent is anticipated next year and that follows what’s projected to be 3.5 per cent growth this year. Quebec’s growth for next year it pegged at 1.9 per cent.

Elsewhere, Manitoba is forecast by Scotiabank to see 2.5 per cent economic growth next year, New Brunswick two per cent, and 1.9 per cent for both Nova Scotia and Prince Edward Island. With files from Derek Abma

ANNUAL STATE OF THE RESIDENTIAL MORTGAGE MARKET IN CANADA

2010 Significant Statistics

• 35% of all mortgage holders have either increased their payments or made a lump sum payment on their mortgage in the last 12 months

• Vast majority of Canadians have ability to afford higher mortgage payments. 84% said they could handle monthly increases of $300 or more in their monthly payments

• 90% of Canadian homeowners have at least 10% equity in their homes, 81% have over 20% equity

• 70% of Canadians are satisfied with their mortgage terms

• Despite low Bank of Canada interest rates reflected in low variable rate mortgages, a majority (66%) of Canadians still have a five year fixed mortgage, 29% have variable mortgages and 4% a combination

• Overall, 22% of mortgages have an amortization of greater than 25 years compared to 18% last year

• Overall home equity is 72%. For homeowners with mortgages, equity level averages 50%

• Mortgage rates continue to drop. Average mortgage rate is 4.22% versus 4.55% last year. For those who took out a mortgage in the last year, the average rate was 3.75%, 72% of those renewing saw a decrease in their mortgage rate

• Overall, mortgage brokers account for 25% of all mortgages, for new mortgages in the past year this number rises to 40% • As of August 2010, there was over $1 trillion in outstanding residential mortgage credit in Canada

• Mortgage arrears rate remains stable at 0.42%, lower than for most of the 1990s

Jared Dreyer
Shop Your Mortgage. Save Money
604 649-5991
jared@dreyergroup.ca

Life Is Sales

2010-11-15T16:38:00.000-08:00

Went to a conference this morning put on by TD and Gary Ford. The title was life is Sales in every way. Was a good 90 minutes with some good nuggets of information. Did not like the title very much. Then i was thinking that it is a very true title. We all in one way or another sell everyday to all people. If it is trying to get your kids to clean their rooms, get your husband to clean out the dishwasher. This is getting someone else to do an act that they are not volunteering for. Is this sales or forcing your will? Well hopefully you are being nice and smiling to get them to do it first.The realty is we are being sold by multiple people throughout the day. We will choose to work with people we like, add value o your lives, and smile. So, next time the garbage cans need to be brought in, try to be nice, ask kindly and smile lots( you are selling).

Lest We Forget

2010-11-11T11:27:00.000-08:00

Lest We Forget

Lieutenant Colonel John McCrae, MD (1872-1918) Canadian Army, Author In Flanders Fields

One death particularly affected Lieutenant McCrae. A young friend and former student, Lieut. Alexis Helmer of Ottawa, had been killed by a shell burst on 2 May 1915. Lieutenant Helmer was buried later that day in the little cemetery outside McCrae's dressing station, and McCrae had performed the funeral ceremony in the absence of the chaplain.
The next day, sitting on the back of an ambulance parked near the dressing station beside the Canal de l'Yser, just a few hundred yards north of Ypres, McCrae vented his anguish by composing a poem - In Flanders Fields.

In fact, it was very nearly lost forever. Dissatisfied with it, McCrae tossed the poem away, but a fellow officer retrieved it and sent it to newspapers in England. The London Punch published it on 8 December 1915.

In Flanders Fields

In Flanders Fields the poppies blow
Between the crosses row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.
We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.
Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

By: Lieutenant Colonel John McCrae, MD (1872-1918)
Canadian Army

Lest we forget.
Warm Regards,
Jared Dreyer, AMP
604 649-5991
jared@dreyergroup.ca
Dreyer Group Mortgages Inc.
Proud Member of the VERICO Brokers Network

Canada's military and the First World War
Two minutes before the armistice went into effect, at 10:58 a.m. on Nov. 11, 1918, Pte. George Lawrence Price was felled by a bullet. Price would become the final Commonwealth soldier — and the last of more than 66,000 Canadians — to be killed in the First World War
Canada in the Second World War
Between the declaration of the Second World War in September 1939 and the conflict's end in 1945, Canadians fought in Dieppe, Normandy, the North Atlantic, Hong Kong, during the liberation of Italy, and in many other important air, sea and land campaigns.
In total, more than one million men and women from Canada and Newfoundland served in the army, air force and navy. More than 47,000 did not come home.
Korea and Afghanistan
Since the end of the Second World War, Canadians have taken part in dozens of United Nations peacekeeping missions around the globe, from Cyprus and Haiti to Bosnia and Somalia. Troops have seen active combat as well.

In Korea, 26,791 Canadians served during a conflict that raged between 1950 and 1953. The battles of Hill 355 and Hill 187, among others, saw Canadians fighting in swamps and rice fields, through torrential rain and snow, in the air and at sea.

Canada has steadily increased its military involvement in Afghanistan since the Taliban regime fell in 2001.

By 2006, Canada had taken on a major role in the more dangerous southern part of the country as part of the NATO-led International Security Assistance Force (ISAF).

The fighting grew fiercer, and the casualty count rose. By March 2010, 141 Canadian military personnel had died in the country. One Canadian diplomat, one journalist and two Canadian aid workers have also been killed.

________________________________________
About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business. Copywrite © 2008

And I'm proud to be a Canadian, where at least I know I'm free. And I won't forget the men/and women who died, and gave that right to me.

~Unknown

Original poem written by McCrae...

Why the poppy?

The association between the poppy and war dates back to the Napoleonic wars, when a writer saw a field of poppies growing over the graves of fallen soldiers.

During the Battle of Ypres in 1915, Canadian Lt.-Col. John McCrae was inspired to write the poem In Flanders Fields on sighting the poppies growing beside a grave of a close friend who had died in battle.

The poem was a great inspiration in adopting the poppy as the Flower of Remembrance in Canada, France, the U.S, Britain and Commonwealth countries.

The first poppies were distributed in Canada in 1921.

Today, donations from the distribution of millions of poppies is an important source of revenue for the Royal Canadian Legion that goes toward helping ex-servicemen and women buy food, and obtain shelter and medical attention.

Canadian Mortgages and Social Media?

2010-11-08T17:19:00.000-08:00

What should I tweet, what should I post, how should I link?
Most people don't know what to say on, what to do on, or what to do with social media. And it's a club with more than 700 million members.
There has gotta be an opportunity in there someplace.
Here's the thought reality: Stop thinking of it as social media, and begin thinking of it as BUSINESS social media.
Immediately some clarity begins to creep in. You might already using LinkedIn as a business proposition. You're getting contacts, finding prospects, searching by company and title for qualified people to connect with (link with).
Why not use Facebook, Twitter, and YouTube the same way?
Create daily/weekly/monthly value messages that your customers would find so interesting and informative that they would save them, print them, put them into action, and forward them to others? Sounds way more powerful than cold calling.
TODAY'S REALITY: Do everything you can to use business social media to build brand, image, reputation, and perceived value with your customers and your business community.
YOUR CHALLENGE: Send messages that your customers perceive as valuable to them. Messages so valuable that they will tell others.
BUSINESS SOCIAL MEDIA REALITY: It's not about tweeting; it's about being re-tweeted. It's not about finding someone on LinkedIn; it's about them finding you, and wanting to connect. It's not about searching out someone on Facebook; it's about someone finding your business Facebook Page and "liking" it. It's not about posting a video on YouTube; it's about someone sending your video to someone else.
But How do I know what's most important or most valuable to MY customers?"
THINK: What will help your customers produce more, profit more, understand what's brand new in the market, improve morale, improve attitude, and/or improve their life. Then write about it, tweet about it, and post on Facebook about it. For instance, If you sell painting services, talk about quality of paints for kitchens or quality stains for long lasting fences. If you sell insurance, then talk about protection. What it means to a family, going on vacation. Share real client stories of success or stress related to not having insurance.
Here is a BUSINESS SOCIAL MEDIA SELF TEST for those that Tweet, Linkedin, Facebook or You Tube.
Make a list of your last ten tweets. Are they relevant to your business success? Did they help others in any way? How many got re-tweeted?
Make a list of your last ten Facebook postings. How many people like your business page? Do you even have a business page?
List the last ten actions you took, or messages you sent, on LinkedIn. Anyone join you or want to link as a result of them?
List the last ten videos that you posted on your YouTube channel. Do you even have a YouTube channel? Are you posting value messages that your customers and prospects would watch, learn from, and think of you as a resource?
Business SOCIAL MEDIA SELF TEST for those that don’t Tweet, Linkedin, Facebook or You Tube.
If you don't, Why Not?
FINAL NOTE: All business social media is interconnected. You have to do ALL of them consistently to gain effective results. And you have to do all of them well if you expect to monetize your efforts.
There are all kinds of books and seminars available on social media and business social media. I recommend reading as much as you can, and attending as many as you can. Jeffrey Gitomer is the author of The Little Red Book of Selling – this article and eight other business books on sales, customer loyalty, and personal development. www.trainone.com.
NEW DREYER GROUP SOCIAL MEDIA SERVICE

Interested in getting going on Facebook, Twitter, You Tube but don't know where to start? Dreyer Group now offers a program to help get you set up and connected. Email meryll@dreyergroup.ca now to get the cost outline. First 10 Accounts will Receive 20% off!

Is It Time For A Canadian Mortgage?

2010-11-05T14:50:00.000-07:00

Expert Mortgage News
Current Views, News, and Advice

Hello Everyone!

It's Friday afternoon and everything is well in the mortgage market.... Rates are historically low - 5 Year Fixed 3.34% for mortgages over $500K and 3.44% for mortgages under $500K. The 3 Year variable is also very attractive at 2.20% (prime -80!) It's a good day to buy a home!

If you know of anyone who is in a mortgage over 4.30%, please give them our number, we saved a client $25,000 on their mortgage after paying out their $16,000 penalty! It's a good day to re-shop a mortgage!

Other than that, here is a link to a great economic report by Dr. Sherry Cooper, Chief Economist BMO Financial Group. There is a good article "Canadian housing Pricey, Not Dicey". Link here

And no, that is not a picture of my grandpa... it's famed author Napoleon Hill, author of Think and Grow Rich, The Laws of Success and Success Through a Positive Mental Attitude. For some weekend reading, I have included below a great excerpt out of his book the Science of Success.
Give to Receive
by Napoleon Hill
Things you give to others, through expression, are the only things you are able to retain, remember, or keep for yourself. Any gems of thought or wisdom which you are anxious to remember, you must repeatedly give to others, or they will elude your grasp at the critical moment. Here is a simple way to test the truth of what has been said.

Listen to a good story someone tells you, one worth remembering, one you would like to tell others. Do you know that if you do not tell it to someone right away you will forget it yourself? And do you know that if you do tell it, not only to one person, but to many persons, you will never forget it?

You have heard of the saying, It's better to give than to receive. Here is one place where this is literally and particularly true, because in order to retain the understanding of this or any other subject you are studying, you must give it away to someone else. That is, share it, explain it, pass it along to another person. If you try to hoard it to yourself, you will forget some of the subtle points which may be important at a certain place in your career.

Share these principles with others, not the details of your purpose or plan. These details you are cautioned to share only with the greatest discretion and to keep strictly to yourself at certain times.

Giving is a form of expression and giving is living. Let us read a story which perfectly illustrates this point. The story has been adapted from a book by Bruce Barton.

There are two seas in Palestine. One, the Sea of Galilee, is fresh and fish live in it. Trees spread their branches over it and stretch out their thirsty roots to sip of its nourishing water. Christ loved this spot. He looked out across its silver surface when He spoke. And on a rolling plain not far away, He fed 5,000 on loaves and fish from this very sea. The river Jordan fills this sea with sparkling water from the hills and then flows on south into another sea. Here is no splash of fish, no fluttering leaf, no song of bird, no children's laughter. Travelers choose another route unless they are on urgent business. The air hangs heavy above its waters, and neither man nor beast nor fowl will drink of them.
What makes this mighty difference in these neighboring seas? Not the river Jordan. It empties the same good water into both. Not the soil on which they lie; nor the country about. No, none of these; but there is a difference. The Sea of Galilee receives, but does not keep the Jordan. For every drop that flows into it, another drop flows out. The giving and receiving are in equal measure. The other sea is selfish, hoarding its income jealously. Every drop it gets, it keeps. The Sea of Galilee gives and lives. The Dead Sea gives nothing. It is indeed dead. There are two kinds of people in this world – just as there are two seas in Palestine.

In this business of becoming successful, you will find you will need both hands. One hand will be stretched upward, to receive the blessing of Infinite Intelligence, with the other extended down and outward, sharing and giving to others who are helping you in the climb. No one ever achieved outstanding success without the cooperation of others; and you realize, of course, that you must give something in return for this cooperation.

To Your Continued Success...
Jared Dreyer, AMP
604 649-5991
Remember to put your clocks back on Sunday!

Email me now with the next person you know that needs our help. jared@dreyergroup.ca

Check us out online www.dreyergroup.ca
Dreyer Group
Independent Mortgage Brokers
• We are one of the top teams in Canada. Our volume of business enables us to secure the best mortgage rates and products for our clients.
• Our service is free in 99% of the cases. We get paid by the lender we place the mortgage with based on the size not the rate – so getting the best rate and mortgage for our clients is top priority.

• Unlike bank reps, we shop mortgages to many of the trusted lenders, banks and credit unions you are familiar with. Over 50 in total across Canada. Plus we have access to specialty mortgage products that are only available through the mortgage broker channel.
• And, we will continue to shop the mortgage rate up until 10 days of the mortgage. If rates go down, our clients win.

• We have numerous mortgage strategies to ensure our clients are making the best financing decision – such as the Inflation Hedge Strategy.

• Our company is part of the South Surrey Chamber of Commerce, Vancouver Board of Trade, Mortgage Brokers Association of BC and Canadian Association of Mortgage Professionals.

• Our goal is to build long term relationships with our clients and partners based on solid advice, trust and exceptional service. We take care of our clients long after your mortgage funds.

• Too, we are committed to the community and you will be happy to know that a portion of every mortgage we fund goes directly to children’s shelters in the Lower Mainland. In addition, we are large supporters of local businesses and our extensive referral program enables us to send clients and partners to this network to help them build their businesses.

• And referrals really are how we do our business. By providing our clients and referral partners with the best service, advice and mortgage products, we hope in turn we will continue to be referable. This will help us to continue to have large volumes to source the best mortgages at the lowest rates. And… we will reward you for sending us a referral.

Have a great rest of the week.
Your Mortgage Professional,
Jared Dreyer
604 649-5991

________________________________________
About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Christmas Cards that Give More
I wanted to connect with you today regarding purchasing Christmas cards for your company. Bulembu, one of the programs Dreyer Group supports is working with the folks at Giving-Matters to offer unique Bulembu cards that can be personalized for your business while sharing the Bulembu story with those who would receive them. With every purchase Giving-Matters also donates a portion of your order back to Bulembu. If you do purchase cards at Christmas, this is a simple way to make your Christmas shopping easier while supporting Bulembu.
More info can be found at http://bulembu.giving-matters.com/bulembu/Home.aspx

Follow my financial blog

Follow me on twitter

Follow us on Facebook

Quick Links
Check our Best Rates
Currency Rates
Market Watch
Local Weather
Mortgage Calculators
________________________________________
Build A MortgageTM

An exciting new tool that gets your best mortgage rate in an instant!
It's simple and requires no commitment on your part.
1 minute is all it takes to shop the mortgage market.
________________________________________

Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Canadian Mortgage Rates To Remain Low?

2010-11-04T16:05:00.000-07:00

We saw another $600 billion being injected into the US economy today. How does this affect Canadian mortgage rates? First, this means the economy is still recovering which leads to no increase in in the interest rates. Second, it provides the safe knowledge that we are not going into a double dip recession. Thus means the money is flowing back into the stock market and out of the bond market which is where mortgage money is set in Canada. We now have a dollar at par, which will leave the Bank of Canada little room to increase rates. this is all good news as we are now heading into a very stable economy.Canada is one of the best economies in the world and us Canadians need to start believing.

mortgage brokers are not all the same

2010-10-25T14:31:00.000-07:00

Dreyer Group Independent Mortgage Brokers

• We are one of the top teams in Canada. Our volume of business enables us to secure the best mortgage rates and products for our clients.

• Our service is free in 99% of the cases. We get paid by the lender we place the mortgage with based on the size not the rate – so getting the best rate and mortgage for our clients is top priority.

• Unlike bank reps, we shop mortgages to many of the trusted lenders, banks and credit unions you are familiar with. Over 50 in total across Canada. Plus we have access to specialty mortgage products that are only available through the mortgage broker channel.
• And, we will continue to shop your mortgage rate up until 10 days of the mortgage. If rates go down, you win!

• We have numerous mortgage strategies to ensure you are making the best financing decision – such as the Inflation Hedge Strategy.

• Our company is part of the South Surrey Chamber of Commerce, Vancouver Board of Trade, Mortgage Brokers Association of BC and Canadian Association of Mortgage Professionals.

• Our goal is to build long term relationships with our clients based on solid advice, trust and exceptional service. We take care of you long after your mortgage funds.

• Too, we are committed to the community and you will be happy to know that a portion of every mortgage we fund goes directly to children’s shelters in the Lower Mainland. In addition, we are large supporters of local businesses and our extensive referral program enables us to send clients and partners to this network to help them build their businesses.

• And referrals really are how we do our business. By providing you with the best service, advice and mortgage products, we hope in turn you will continue to refer us your friends, family and coworkers. This will help us to continue to have large volumes to source the best mortgages at the lowest rates. And… we will reward you for sending us a referral.

Do we sound like a company you would like to do business with?

Bank Of Canada Descsion

2010-10-18T17:59:00.000-07:00

Look for the rate to remain the same tomorrow from the Bank of Canada. I believe this will be a long pause. Canada is still better off then our US neighbors and Europe. There are still though fundental growth problems out there. If we do not have coninous growth with job employment we will not be having run away inflation. The job of rasing the prime rate is to slow growth and inflation. So llok for a hawkish tone from our governor not to go into anymore debt. Realty is we have been in a deacde of low interst rates and that is not going to change anytime soon.

Canada vs US Mortgages

2010-10-12T21:54:00.000-07:00

It seems there is still a lot of misinformation going on in the general public regarding the sub prime mortgage meltdown in the us and how Canada compares. For the start if you default on a mortgage in Canada you need to pay that money back or declare bankruptcy. In the us you can give the keys back in the morning and buy another home in the afternoon. In the us mortgages were unregulated and basically a free for all for documentation. In Canada we our a highly regulated mortgage industry with strict guidelines. People actually need good credit, be working and qualify within guidelines to get a mortgage in Canada. That was not happening in certain sates in the us. So, what does this mean, we do not have the same problems here in candid as the us. This is why there is not a sub prime mortgage problem in Canada.

When giving matters to housing

2010-10-07T14:41:00.001-07:00

Thank you for making our event a huge success!

Hello, I hope this Thursday finds you well.

I want to say a special thank you to all of those that came to our event this past Monday. We were able to raise over $650.00 for children's homeless shelters as well as have great food and lively conversation with old and new friends.

From all of us at Dreyer Group Mortgages, we wish you and your family a Happy Thanksgiving.

Warm Regards, Jared Dreyer and Team.

Stuffies for Safe Housing
At our event, Partners were offered to purchase from a selection of cuddly stuffies as part of our fundraising effort for Dreyer Group Smiles, a charity started by Dreyer Group Mortgages in 2008 dedicated to helping children have safer homes in the Fraser Valley. Stuffies were sold for $10.00 to enthusiastic event goers. This program is something very close to my heart and our team is behind it 100% These shelters, safe and transitional homes work hard to give these kids a warm place to call home and an opportunity for a new start. I am so proud that a portion of every one of our mortgages goes towards these kids who desperately need our help.

If You Want to Buy a Stuffie:
If you would like to buy a stuffie, please visit our office at 308-15252 32nd Ave (Morgan Creek Corporate Centre) or phone 604 536-3802. From Oct 15-Nov 30, we will also be selling stuffies at many of our Partner Locations. More on that coming soon.

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About Dreyer Group Smiles

Dreyer Group Smiles is a program dedicated to giving to facilities that provide safe and transitional housing to children and youth in the Fraser Valley of British Columbia. By providing funds to these programs, Dreyer Group will make a meaningful difference to kids who otherwise may not have a roof over their heads, or hope for a bright future.
Dreyer Group hopes to expand this effort through their clients and business partners. In addition, they plan to raise additional funds through annual events and corporate fundraising initiatives. Dreyer Group is working closely with the Salvation Army to allocate these funds to the children and shelters.

About Dreyer Group Mortgages, A Member of the VERICO Brokers Network

As a senior mortgage consulting team with extensive experience in the financial services industry and thousands of happy clients throughout the Lower Mainland, we understand what it takes to build long-term relationships through service and expertise. As an independent brokerage, we are not restricted to one financial institutions mortgage options. We provide the best range of financing solutions by accessing over 40 lenders and hundreds of products coast-to-coast.

Each VERICO member is an independently owned and operated business.
Copywrite © 2008

Special thank you to our generous sponsors:
Aquamarine Catering
Brawn Karras & Sanderson
CGB Insurance Brokers
CIBC Wood Gundy
First National Financial
i-Finance
KNV Accountants
Liberty Wine
Magna Graphics
Spagnolo & Company
TD Canada Trust
Bernard Callabeat
Fratelli's Bakery
Corby Distibuters
Jamison Irish Whiskey
Thank you to Scott Allen and his team of amazing young athletes at Trinity Western University for coming out and helping making our event terriffic To find out when the TWU basketball team is playing, click here. Take the whole family. It's a really fun night out.
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Dreyer Group Smiles
When you do business with Dreyer Group, a portion of every mortgage funded goes towards providing safe housing for children and youth. Thank you for your support.

Canadian Mortgage Investor Mortgages

2010-09-20T16:25:00.000-07:00

I went to a great seminar on the weekend regarding Canadian and us real estate investing. There is still some great programs available for the real es ate investor in Canada. If you have 20% of the purchase price available for down payment, there is 90% rental offset available by some lenders. IE payment is $1000 rent is $1100, $990 can be netted off the payment for qualification purposes. This is just one of the many products available. Yes there still is 100% financing if you have equity in your home. Go to www.dreyergroup.ca for more information.

Canada

2010-09-08T21:10:00.001-07:00

Good Afternoon,

With an unpredictable economy these past two years, I thought it timely to share with you again one of my very favourite stories. It is amazing how our attitude truly determines our outcome. Please see below for my Economic Update and How's Your Hot Dog Business Doing these Days?

As we move into Fall, I wish you a productive and successful September.

Economic Update

The Bank of Canada raised its key interest rate by a quarter of a percent today to 1.00% based on the expectation that the economic recovery in Canada will be slightly more gradual. That being said however the Bank also stated that consumption growth in Canada is expected to remain solid and business investment to rise strongly.
Pricing for fixed rate mortgages however has been creeping down in recent weeks with a 5 year fixed as low as 3.69%. The current prime-lending rate is set at 3%.
In other news, the words Housing Bubble has made its way to media recently and many are concerned. While housing prices will not appreciate at the same rate as in the past few years, the chances of having a 10-20% drop in our housing market is slim. Increasing wages, foreign purchasing up, immigration on the rise, stricter lending regulations and low interest rates, should equate to a more balanced market and elevate a housing bubble from occurring.
How's your hot dog business doing these days?
"A man sold hot dogs at the side of the road. He was proud of his hot dogs and made a good deal of money selling his hot dogs. Every day, he would put out his signs, go out and yell from his hot dog stand, "Come and get your hot dogs! The best hot dogs in town!" And people came from all over to eat his hot dogs. He would have lines of people all day long. He loved selling hot dogs and believed they were delicious, fresh, and the best. He talked to his patrons and was grateful for them. And they loved this man.

Anyway, the man saved enough money to send his son to college and one day, the son came home and asked his dad what he was doing during the day. The man said that he was still selling hot dogs and business was booming. The son looked at him and said, "Daddy, what's the matter with you? Don't you know we're in a recession? No one is going to buy hot dogs. I can’t believe you're wasting your time and money trying to sell hot dogs. You need to cut your losses and close that stand."

Well, the man believed his son; after all his son was educated, in college, and certainly knew more than he. The man became a bit despondent, but did not want to close his hot dog stand because people came to him every day. They depended on him for their hot dogs. He continued to go to his hot dog stand, but he no longer put out his signs nor yelled about his great hot dogs; he did not talk and laugh with his patrons as much. "We're in a recession," he thought, "What is there to laugh about?" Little by little, the patrons stopped coming and the man sold fewer and fewer hot dogs. Then no one came and he had to close his hot dog stand. He said, "Well, my son was right."

Attitude is often times more important than fact. The man did not know that the country was in a recession and, therefore, continued to behave in a way which generated a profitable business. Once his attitude changed; his behaviour changed and then his business changed.

If you know of anyone that would talk to me regarding the current rate changes please feel free to pass along my number, I'm here to help.

Your Friend in the Mortgage Business,
Jared Dreyer 604 649-5991

Canadian Mortgage Rules Changing?

2010-09-06T11:25:00.000-07:00

I read a recent article at Macleans.ca regarding all the housing bubble talk. They suggest that we could see a soft landing of 8-10% in House prices. They then go on to say we could see a rebound in prices of homes if the Canadian government lessens up the qualifying rules again. I do agree with them. I believe that the decline of home sales is related to two major factors. One being the HST and lack of good information in BC. Not to mention the constant media attention here in BC. Second is the rule changes in April that the Canadian government for qualifying for mortgages in Canada. These rule changes took about 12-18%(my opinion only) of the potential buyers right out of the marketplace. The realty is that Canada does not have enough of a population to support the rule changes and HST in a 60 day period. Look for the variable and self employed rule changes to be changed again this fall.

Canadian Housing Bubble Not Happening

2010-08-31T16:32:00.000-07:00

There was a very bad headline article picked up by the media today. A left wing group trying to make a name for it self came out with a 1st graders report on a potential housing bubble if rate rise sharply. That is the entire basis of the article. The facts are that the CD howe institue and CMHC have both not predicted a bubble. The facts are that we have seen mortgage rates go in the opposite direction, they are the best they have been and going even lower. The GDP in Canada has slowed, forecast is for a pause in the prime rate increases. We never had the US style mortgages in Canada. In fact we only had subprime lenders in canada for about 18 months before they were shut down and no longer doing any business in canada. Those mortgage repersent only about 5% of the total mortgage market. Fact RBC was just voted the 10th safeest bank in the world. Canada has a strong, safe banks with the best lending practices in the world. The housing market is balanincg to a healthy buyers market which is good for everyone. Take a breath, read past the headlines for the real truth.

Canada Mortgage Business Changing?

2010-08-28T11:59:00.000-07:00

Having been in the Canadian mortgage broker business for 18 year now, one thing is certain change. This business is always in a state of change and will be. The choice is up to you on how to react and win. The lenders/banks will always be wanting us to be out looking for new business that they can have and call there own. If you have not been looking after your clients in a way that is adding tremendous value to them, there will be a tougher road ahead. More then ever i see the banks changing the value proposition to the customers. We need to be learning everyday and willing to change out thought patterns everyday to win. The mortgage battle is highly competitive and will be getting even more competitive. What are you willing to do today to add value to your customers?