Trusted Tips and Resources

Trusted Tips & Resources

Trusted Regina team brags about Skott Enns as a Trusted Regina Mortgage Broker

The Trusted Regina team is thrilled to brag about our newest Trusted Regina Mortgage Broker. We are thrilled to welcome Skott Enns back to the Trusted Regina Community of business operated with integrity. 



Why does Skott Enns get the thumbs Up from Trusted Regina?



Skott Enns has been a Regina mortgage broker since 2017, and he was voted Regina's Best Mortgage Broker for 2021! That is 8 out of the past 9 years that Skott has been the recipient. If you are looking for free expert mortgage advice from a multi-award-winning, Trusted Best Regina mortgage broker, whose number one motivation is always your BEST interest then you should definitely consider Skott Enns! 

Skott is committed to providing the best service for his clients, and he has put together a team to make the mortgage process as efficient and easy as possible. He is authentic in his desire to help people, and as such, he works hard to ensure he has the best mortgage type and rates for each situation and every unique circumstance. 

So a bit about me! Growing up, I was never one of the jocks. Oh I played, soccer, hockey, and ball just like all the kids, but I was never really that good. Usually one of the last picked on the team… clearly it wasn’t my destiny to be a professional athlete.Instead, I loved puzzles, seriously, I was a pretty big nerd… my head was always buried in a crossword, brain teaser, mind bender, word search, or sudoku. As a Regina mortgage professional, nothing has really changed. I see every new clients’ mortgage as a puzzle that needs to be solved. Let me assure you, I do not rest until the solving is done! Specifically, some of the puzzles I enjoy working on now are clients who are new immigrants to Canada seeking their first mortgage, self-employed, recently separated, or buying their first home and… First Time Home Buyers are a personal favourite – I like first timers even more than Sudokus!  As each client is different, handling financing for investment properties, purchase plus improvementsmortgage refinancing and mortgage renewals provides a unique challenge.
On a personal note, I am a proud husband and father. My wife Shawna and I have twin boys and a daughter, and we are a VERY active family. We travel, play outside, get dirty in the mud, and love to see and experience new things! Life is pretty good!- Skott Enns.

When speaking to Skotts clients, including other Trusted Regina partners, as part of our unique Trusted verification process it is easy to see why so many of them voted for him to be Regina's best mortgage broker year after year.


" I send people to Skott all the time knowing they'll have a great experience and that he'll look after them. Skott is truly knowledgeable, good at what he does and treats people the way they should be treated." - Chris Worby, Owner of Worby Wealth Management - Trusted Regina Financial Advisor
" Skott is a kind, conscientious, and ethical professional. He goes the extra mile. We had a very complex mortgage file and he worked with us to get the best possible arrangement under very tight timelines. I highly recommend him." - Valerie Sluth, Regina .

SO, whatever your situation and needs are he will bring you options that have been evaluated and suggest only the ones that best suit your needs. 

Click here to read Skott's 300+ Google Reviews and 125+ Facebook Reviews 

A Regina Mortage Broker with A High Interest In Your Low Interest 

Skott Enns is a Trusted Regina Mortgage Broker


Trusted Regina Team Welcomes Ryan Boughen A Trusted Regina Mortgage Broker

The Trusted Regina team is thrilled to brag about our newest Trusted Regina Mortgage Broker. We are thrilled to welcome Ryan Boughen TMG Mortgage Broker back to the Trusted Regina Community of business operated with integrity. 



Ryan Boughen is a Regina mortgage broker because he loves his job. 

He authentically enjoys helping individuals and families that have all sorts of mortgage needs, from purchasing their first home, downsizing and helping them with their mortgage renewals, or mortgage refinancing to lower mortgage interest rates. Regardless of the unique needs of every situation, you can trust Ryan Boughen to do his best for each and every client he works with.  

An Award-Winning Regina Mortgage Broker

Ryans work ethic, high levels of service and professionalism mean that he has enjoyed growth and success. He has been awarded TMG's Summit 5 Award for several years in a row. This is awarded to the Top 5% of mortgage brokers from across Canada!


To ensure all of his client's needs are being met in a timely manner he has built up a team to help serve his Regina mortgage clients better, so as a client you can expect to get regular check-ins from both Ryan and his wonderful mortgage client care specialist Krista. He is proud to have been part of the TMG Mortgage Group Family since 2016 and he easily adheres to TMG's philosophy of operating with the highest levels of professionalism, ethics and integrity.

The land of mortgages is a big one and Ryan understands how confusing it can be with new rules and rates and information appearing regularly in the market. 

" My team and I are here to help you navigate your mortgage journey and the best part is, we will do all the heavy lifting. My brokerage, TMG The Mortgage Group, provides me with all the tools, support and training I need in order to find the best fit for you, my client. We determine what your specific needs are and then we review and analyze what is available and guide you along the path armed with all the information you need to be backed by us – your team of mortgage experts!" Ryan Boughen- TMG Mortgage Broker

If you’re looking for a trusted, experienced, and knowledgeable mortgage broker in Regina; Ryan is here to help. No matter what stage you are in the mortgage process. When we spoke to several of his clients as part of the unique Trusted verification process they all shared their appreciation and had nothing but great things to say about him! Read client review on his website here 

"Ryan and his team have been truly amazing to work with over the last 5 years. When we first moved to Regina we researched mortgage brokers in Regina and Ryan was an easy choice. He made our experience of purchasing our first home together so incredibly easy. The professionalism, prompt communication and all-around great conversation had us so comfortable and happy with our decision to work with Ryan. Ryan was also Incredibly helpful when we were trying to sell a property we owned. He also has been proactive when it came to us renewing our mortgage and helping us navigate the options. Both my husband and I are shift workers so Ryan was beyond flexible with meetings, phone conversations as well as completing large portions of required information by email. We absolutely recommend Ryan and his team to anyone who may be in the market for a Regina mortgage broker. You won't be disappointed " - Krista R- Regina


Mortgage Options Offered Include: 

Get Approved On Ryan's Website Today - It Costs Nothing! 

Your Best Regina Mortgage Broker

Trusted Regina Financial Advisor John Barabe explains Inflation.

John Barabe has an unwavering commitment to quality and service which has enabled him to build and retain a successful practice in Regina. He and his team believe that planning with honesty and integrity are cornerstones to improving clients' quality of life. He applies his knowledge to help clients make the right choices when considering all the product and service options that exist in today's marketplace.  In this article, he gives us a little perspective and insight while ansewring the question does inflation matter.

Does INFLATION matter?


Let’s simplify inflation with a silly story: The U.S. government just printed and deposited 1 billion dollars into everyone’s chequing account. The first thing that happened is a 5-mile-long lineup at the Ferrari dealer. But, will the Ferrari dealers sell their expensive cars at yesterday's price? Not a chance, because the currency is now nearly worthless. 

 Above sports cars, there are exotic sports cars—and then there’s the LaFerrari! Base model starting at $1,420,112 U.S.

The purpose of my above silly story was to emphasize that printing does cause inflation. Further to that point, 78% of all money the U.S. has ever created was printed since January 2021. Please note that the M2 money supply chart was recently discontinued. I wonder why? What is the value of anything that can be produced for nothing?


Okay, enough theory. Commodities broke out to the upside (by Michael Oliver’s criteria) in October and are currently up ~28% since that breakout. He is predicting a ~50% climb in less than a year and we are on pace for his prediction to play out. 

As commodities are the basis for everything we consume, does it not make sense that costs (actual inflation) will also be increasing by about this amount? 

We have known for a long time that Statistics Canada and BLS (U.S. Bureau of Labor Statistics) understate inflation. Check out shadowstats.com (see below chart) and the Chapwood index for carefully calculated inflation (both of these independent sources calculate inflation amounts and their results roughly confirm each other and dispel the official calculation).

Understating inflation is done to save the government billions a year. Think about union negotiations when the official inflation is only 1%. This creates unfortunate negative effects, the payout of social programs and pension plans to name a few. Over time we end up with way less income than “actual” inflation would dictate we should have. 

What if inflation, real inflation, were to be 50% from October 2020 to October 2021 (matching the increase in commodities as discussed above)? If this were the case, I would guess that Stats Canada and the BLS would have to increase their official numbers higher, much higher. After all, there is a limit to how far you can pull the wool over people’s eyes.

If “official” inflation were to become 12% (still way below the above “potential” actual) a 5-year GIC (guaranteed investment certificate) becomes ~16% and mortgage rates would jump to ~20% (there is a profit spread for banks). A $1,905 a month payment ($500,000 house with a high ratio $450,000 mortgage at 2%) would become $7,267 a month

The likely outcome for many homes would be that the bank now owns them as this payment is much too high. The bank would then attempt to sell it to recapture the debt lent out.

House prices are dictated by the affordability of the monthly payment. For example, $7,267 is not affordable. Assuming $1,900 is still affordable the $500,000 house would have to fall in price (using the same high ratio 90% mortgage - now $120,000) to $135,000. That is a drop in value of -73% or a $365,000 loss. 

Our money forms the bank's reserve (bank deposits are unsecured loans to the bank/credit union/trust company). It does not matter if we deposit to savings, chequing or locked in for a time period. From our deposits, the banks loan money out at huge leverage. I was shocked when I looked up the reserve that Canadian banks set aside. It seemed as though it was a secret (finding specifics was nearly impossible). The reserve is apparently 0.62% on average for Canadian banks. Less than one percent. Let’s make it 1% to simplify how leveraged the banks are. 

For every $100 in deposits, they loan out $100/0.01 = $10,000. All the banks need to lose is $100 of their $10,000 block of debt to be bankrupt. Considering the above losses with only a 12% inflation rate, I believe that is a real risk. 

In addition to the above, the actual amount that CDIC (Canada Deposit Insurance Corp.) could cover in a system-wide banking collapse (which would likely be the result of 12% inflation) is $6737 per $100,000. It is just not designed for a system-wide collapse. I do believe the money needed will be printed but is that not what caused the problem in the first place? I believe more printing will not solve the problem but will make the problem worse.

Also think about the effect of your money sitting in the bank. If inflation is way higher than the understated official number, deposits are not being compensated. After tax and inflation, what will you gain? Or will you suffer a guaranteed loss? 

Why is it that no one is telling you about this but me? Why is this not front-page news? Should GIC’s still be rated low risk?

So, does inflation matter? I will let you decide. There is more to this story, much more. As this plays out, we will be here every step of the way. Our objective is to guide each of you to the best of our ability and do everything we can to protect and grow your wealth. This is evident with the strategies and investments that are recommended (and more than likely implemented) already.


If you have any questions, or just want to catch up, please feel free to touch base by email, phone or with an in-office appointment. 

John Barabe and his team carefully consider your needs, goals and dreams in order to implement a well-constructed financial strategy, so that you can have peace of mind about your hard-earned money and financial future. They can simplify your life by addressing your complete financial well-being, which encompasses everything from:

John Barabe is a Trusted Financial Advisor



"The opinions expressed within this article/communication are those of the Financial Advisor and are not 
necessarily those of Keybase Financial Group Inc. Any data provided is for illustration purposes only. Clients and 
prospective clients should always read a product prospectus and fully understand all of the risks associated with 
the product before purchasing. Any information relating to the discussion of taxation issues is considered to be 
only general in nature. Clients should seek a qualified tax professional to discuss their specific tax requirements.  

Third party publications are not prepared by Keybase Financial Group Inc. The opinions, estimates and projections 
contained in the publication are those of the author as of the date indicated and are subject to change without 
notice. Keybase Financial Group Inc. makes no representation or warranty, express or implied, in respect thereof, 
takes no responsibility for any errors or omissions which may be contained therein and accepts no liability 
whatsoever for any loss arising from any use of or reliance on the report or its contents. The provision of this 
publication is not to be construed as an offer to sell or a solicitation for or an offer to buy any securities. 

Keybase Financial Group Inc. is a member of the MFDA and is a member of the MFDA IPC". 

Trusted Regina Mortgage Broker Tip On Employment Letter and Why Lenders Require One.


What is an Employment Letter and Why Lenders Require One?


Obtaining a mortgage takes a lot of planning and patience to ensure things go smoothly throughout the entire transaction.  Preparing documents early on in the process will reduce your stress in purchasing a new home, or renewing or refinancing your current mortgage.  Obtaining an employment letter early on is particularly important for individuals with a job tenure of less than two years, if you have had a temporary promotion, or work on an hourly basis.  This will ensure there are no surprises later on.



What is an employment letter?

Your employment letter (aka job letter) is written by your employer to verify your position within the company, tenure, and income.  This is a very important component of qualifying for a mortgage.

What should your letter include?

Your employment letter should be written on company letterhead and should include: your position within the company, tenure, salary/wage (along with bonus info if applicable), hours guaranteed per week (if applicable), and be signed by the individual issuing it, along with their job title and daytime contact phone number.

Why do lenders require an employment letter?

Lenders require your job letter to verify employment as well as to have a contact number on file for any questions regarding your employment.

How do I get my employment letter?

Employment letters can be obtained through a simple request made to your employer, they generally will have a template on hand so it will take very little time to complete.


Trusted Regina Real Estate Lawyer shares some insight on the potential future of the Canadian Housing Market.

MacKay & McLean provides the professional services of a large Regina law firm, with the intimate attention of a small firm. The legal process can be daunting and overwhelming, but it doesn't have to be. MacKay & McLean is with you every step of the way.

MacKay &  McLean are TRUSTED REGINA LAWYERS

When looking to buy, sell, or refinance a property, you need to hire somebody who is not a stranger to addressing the real estate needs of individuals and families. 


Canadian Home Prices Could Drop as Much as 5% Due to Coronavirus


Trusted Regina Real Estate Lawyer Robert MacKay shares some insight on the potential future of the Canadian Housing market.

Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by COVID-19, Capital Economics said Monday.

While sales activity and price gains were firm in the first half of March, real estate boards from across the country are reporting a near halt in activity as government shutdowns and physical distancing have people staying home.


As April unfolded, it became innately clear that COVID-19 had already impacted the local housing market, with Toronto home prices declining for the first time in nearly two years.

But the pandemic isn’t just going to have an impact on a local level but on a national level as well, with some experts already predicting that Canadian home prices could fall in the months to come.

Capital Economics said Canada’s house price inflation accelerated to a nearly two-year high in March, but given the disruption already caused by the coronavirus outbreak, prices are set to decrease in the coming months.

Capital Economics senior Canada economist Stephen Brown said April will see “an even steeper fall” in sales activity to a “small fraction of their normal levels.”

“New listings also fell sharply in March, which meant the sales-to-new listing ratio continued to point to strong house price inflation ahead,” said Brown, however, he said 

“given the huge rise in unemployment and the cashflow problems that restrictions on tourism have caused investors in the short-term rental market, it seems likely that there will be some forced sellers in the coming months. Those sellers will inevitably have to accept lower bids from the few people willing to buy in the current environment.”  said Brown.


Last week, the Canadian Real Estate Association reported a 14 per cent drop in sales volume from February to March. New listings were down 12.5 per cent from February, while average prices were flat month-over-month and up 12.5 per cent year-over-year.


That dynamic has Capital Economics “penciling in a relatively modest fall in house prices of five per cent in the coming few months.”


Source: Greg Bonnell - BNN Bloomberg - April 20 2020 - https://www.bnnbloomberg.ca/home-prices-could-fall-5-amid-pandemic-capital-economics-1.1424090 
Source: Ainsley Smith - Toronto Storeys - April 20 2020 - https://torontostoreys.com/canada-home-prices-coronavirus-decline/


For more questions and help with any legal property issues consult with our Trusted Regina Real Estate Lawyer Robert MacKay


More consumer tips by Robert MacKay: 



Robert MacKay's team provides professional, personalized service and with their assistance, you can rest assured that your real estate transactions will be handled with the utmost consideration and care.

They  provide a full range of legal services including:

  • Real Estate & Mortgages
  • Wills & Estates
  • Family Law & Divorce
  • Commercial & Corporate Law
  • Litigation & Personal Injury

ROBERT Mackay is your TRUSTED REGINA REAL ESTATE LAWYER!



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