Trusted Tips and Resources

Trusted Tips & Resources

Our Trusted Regina Mortgage Professional Kent Bittner shares some insight about the new mortgage landscape.

The purchase of a home is the largest purchase most people make during their lifetime. Kent Bittner at DLC-Bittner Mortgages, wants to make each and every purchaser aware of the many mortgage options available to them prior to their purchase and closing date. 

Whether you are a first-time buyer or an experienced buyer with excellent credit, DLC - Bittner Mortgages has access to the very best products and mortgage rates available across Canada.
 

Kent Bittner of DLC-Bittner Mortgages is a Trusted Regina Mortgage Broker 


Higher Mortgage Costs as of March 17th


The mortgage landscape in Canada has changed significantly since October 2016. 

What does this mean to you?

First, new standards for borrower qualification were introduced in early October, only weeks prior to government regulated implementation.  The government did not converse or consult with any representatives of our industry.  Nor did they provide reasonable notice - only the hard, “sledgehammer like” realization that things were going to drastically change for potential and existing homeowners.  While interest rates range from 2.05% to 2.89% today, the “new” guidelines see all borrowers, with less than 20% down payment, qualifying at 4.64%.  This reduces purchasing power by about 20%, thus the borrower pre-qualified in September for $300,000 is only able to purchase a home well under $250,000 today.


Secondly, rules were implemented by the government which now require institutions to pay higher costs for their portfolio of insurance, and to have increased levels of capital on reserve.  This essentially means a higher cost of funds to the lender, and in turn you as the borrower.  The new mortgage landscape also has tiered pricing which varies based on loan to value, amortization, insurability and colour of shingles!


Lastly, in mid-January there were also changes announced by the mortgage insurers (CMHC, Genworth and Canada Gauranty). Insurers thought it would be fun to introduce these changes on St Patricks Day, March 17th, 2017.  Not very lucky for those securing mortgage approvals after March 16th!  These changes see premiums rising up to 1.15% for insured purchases.  As an example, if you have 10% down and are purchasing a home, your premium moves from 2.40% to 3.10%.


What does this all mean?

Overall, it is more costly and complex to obtain mortgage financing.  Our industry has been actively lobbying in Ottawa, and while I’m not confident any changes will be peeled back, hopefully the voice of our industry is heard and consulted moving forward.


If you or someone you know is actively searching for a property today we can be of assistance in discussing the lending criteria and recent changes, please contact us to discuss.

Find Bittner Mortgages on Facebook here!

Whether you are a first-time buyer or an experienced buyer with excellent credit, DLC-Bittner Mortgages has access to the best Regina mortgage rates 

Kent Bittner of DLC-Bittner Mortgages is a Trusted Regina Mortgage Broker

 

 

Our Trusted Regina Tutors and Educators share a stage by stage guide to understanding report cards.

Oxford Learning Center works with all ages from 3 up to College age, and they are there for you and your child if they are struggling with a particular subject, having difficulty concentrating or you want to prepare them for secondary school. What you may not know is there is help and the answer is Oxford Learning Center.

Based on decades of research into how children learn, they designed a radically new approach to teaching and this is how Oxford Learning came to be the powerhouse of better learning that it is today. The Oxford Learning Regina tutoring team will give your child the tools for a life time of learning; You really couldn’t give your child a better gift.

Oxford Learning Center are your Trusted Regina tutors and educators 

Trusted Regina Tutors and Educators tip on Learning Language from their Oxford Learning Blog

A STAGE-BY-STAGE GUIDE TO UNDERSTANDING REPORT CARDS


EARLY YEARS—KINDERGARTEN THROUGH GRADE TWO


From the ages of five onwards, children are learning to adjust to an academic setting. Report cards tend to report on student’s behavioral and social progress, such as how they are getting along with their peers, and whether they can stay focused on a task.

Academically, young children are being introduced to the basic skills that they will use to build all future learning upon. Reading progression is critical during the early years. Students should be continually meeting, if not exceeding, the reading progression standards.

While young students may have their entire academic future ahead of them, poor report cards could mean potential problems in the long run. If issues are cropping up time and again, parents should consider getting extra help for their child so that the issue doesn’t become a major learning roadblock.

Children are changing greatly during the early years, and what was a problem today, may not be a problem tomorrow. Even if a particular area might be of concern, parents should watch for incremental improvement from one report card to the next. Always discuss report cards with the teacher, who can give a better picture of a child’s progress.

Each report card marks a milestone of achievement. Just because a child is under performing on one report card, does not mean that there won’t be significant improvement by the next report card.


MIDDLE YEARS—GRADES THREE TO EIGHT


The middle years of school are all about progress markers. While the early years focus on behavior and development, the middle years are very important academically. Children are introduced to increasingly difficult academic skills and their ability to learn these foundational skills is very much the focus of report cards.

Low grades on report card, while problematic, are not as much of a cause for concern as grades that are dropping. Consistency is key on report cards during the middle years; children should not be going down in grade points.

At this stage, the emotional impact of report cards becomes an issue. Worry about grades can cause stress among children and parents alike. Parents can offer incentives to students to help increase their study time, or learn to ask for help in order to maintain grades.

When poor grades are present on multiple report cards, parents should consider it a red flag and seek help before the problem becomes a major issue.


TEEN YEARS—HIGH SCHOOL


In high school, report cards are the biggest indicator of academic performance and progression. The first report of the school year is a warning flag—if there are issues, students should get help as soon as possible. There is plenty of time for students to improve grades before the second and final report cards.

In high school, students’ grades should reflect their short and long-term goals in life. Students need to consider the long-term outcomes of what their grades will mean to them based on what their future goals are.

The pressure is on; students are moving quickly on the fast track towards higher education, and every grade counts. Students should seek extra help as soon as they realize that they need extra support, whether in a particular subject, or in study or homework skills. The sooner that students get the support that they need, the less stressful that report cards become.


Oxford Learning are your Trusted Regina tutors and educators! 


                                                                  

Trusted Regina is proud to introduce our newest partners Skott Enns and Ryan Boughen of TMG in the Mortgage category

Trusted Regina loves partnering up with amazing business' and we are proud to introduce our newest partners.  Skott Enns and Ryan Boughen of TMG The Mortgage Group in the Mortgage category.  

Personally, when I bought my first home, I had no knowledge of the Mortgage industry, and did not know a heck of a lot about mortgage brokers and what they do to help. I felt “safe” dealing with the bank…so that’s what I did.  I had no idea that just by working with a mortgage broker, they have better rates and in the case of Ryan and Skott your best interests at heart!  It's not just us saying that, we asked their clients:

Ryan somehow pulls out deals that banks can’t do.  He is very good at making things work and keeping the client stress free. He is just a good guy very approachable calm and knowledgeable. Very client focused” Christen Johnson – Regina 

 “We talked to 3 separate brokers and went with Skott because he provided better communication and bent over backwards for us.  He was very flexible and when we told people the rate the rate he got us they couldn’t believe it.” Matt Barton – Regina


They both have very active young family's. Ryan along with his wife Natasha, have three young boys and Skott and his wife Shawna have young twin boys.   This really explains why they love helping family's get a mortgage for their first home. Skott and Ryan truly are passionate about helping families keep their money and a successful financial future. They look forward to helping your family, whatever size.  

If you are looking for honest, unbiased advice from a mortgage broker in Regina they would love to talk with you!

Skott Phone 306-201-6500  Ryan Phone 306-570-3379 

No Time to set up an appointment! No Problem! You can also click here to apply now  with Ryan or apply now with Skott and get the ball rolling.

TMG The Mortgage Group Skott Enns & Ryan Boughen are Trusted Regina Mortgage Brokers



Trusted Regina welcomes Dust N Shine a Trusted Regina residential and commercial cleaning company!

The Trusted Regina directory team are proud to announce our newest partner in the Regina cleaning services category, welco Dust N Shine. 

The face of Dust N Shine and co-owner with his dad Lee Zurowski was born in Regina.  His family moved to BC, then years later they were drawn back to this beautiful city and the entire family came back with them.  He like any good Regina boy also loves the Saskatchewan Roughriders and was thrilled he could watch them at home again.  He also brought his partner Jan and soon after they had the birth of Maddox.  Their Christmas miracle Maddox was born 10 weeks early on Boxing day 2015.  Seeing the efforts of the Regina NICU they decided to give back to the community they have grown to love and set up a go fund me page where all of the proceeds go directly to the Z99 NICU Radiothon.  After 5 years of being back home they are fully ingrained back into this community.  Lee told us that the best thing about moving back to Regina is the down to earth really good people he added: business isn't just business in Regina it's relationships.  




Dust N Shine is proud to be a family owned business serving Regina and the surrounding area. With many years of cleaning experience their team will provide professional service and treat your home or business as if it were their own.  Here is what some of their clients had to say about them!

“We have been using them for several months and the only thing I would change is to have them come more often.”  Charlotte Shoemaker -Regina 

"The cleaning team have a key to our gate and our offices and we have complete trust in them to enter our premises when we are not there.  I would have no hesitation in recommending their services, as they have always done a great job for us.” Teresa Finnegan - Regina


We Welcome LEE and his family at  Check out ALL Dust N Shine  do here on the listing here in Regina Cleaning Services



  

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