skip to Main Content
Clinton, Changed Location Contact

What Has Changed in 2016?

1663x645_2016_clinton_christmas_banner changed

For me, this is the time of year where I like to sit back and reflect on things that I have noticed that changed and how they have impacted me. And I can honestly say that 2016 has been a tumultuous year.

First, 2016 has seen the passing of so many cultural icons. With David Bowie in early January, Prince in April, and Leonard Cohen just last month, the number of people who passed that has had an influence on my life is staggering. These passings have changed many lives.

Second, Donald Trump becoming President-Elect for the United States came as a complete surprise to me. I sat up watching the election results post until 4 am, in utter fascination that this was happening in my lifetime.

Third, here a TeamClinton we went through some organizational changes, which have had some real impact. We saw an increase in business. We are super excited about what that means for the future, but we will save that for next year!

Finally, the mortgage rules in Canada have changed. They have made it harder for home buyers to enter the market, and more important for you to work with a mortgage broker to make sure you are getting the best possible deal. Some things that you should keep in mind:

  1. The minimum down payment for a purchase is still 5%.
  2. You can still refinance your home up to 80% of the market value.
  3. Interest rates on rental properties, specialty programs, and amortizations above 25 years could be higher.
  4. All purchases with a down payment less than 20% are qualified on the posted rate. This is known as the “stress test”.

With all that doom and gloom, the silver lining is that we are always here to help. If you have any questions, please do not hesitate to contact us.

And with that, I want to wish you and yours all the best this Holiday Season! May it be filled with family, friends, good cheer, and lots of snacks!

All the best.

Clinton and team.

1. The “Holiday Cheer Giveaway” (the “Contest”) runs from 08:00:00 a.m. AST on December 1st, 2020 (the “Contest Starting Date”) to 5:00:00 p.m. AST on December 11th, 2020 (the “Contest Completion Date”). The Contest will have one (1) grand prize draw for a cash prize of $2,200.

2. Submitting this form implies consent to subscribe to our emails and mobile phone alerts. Subscribers may opt-out at any time.

3. SMS message and data rates may apply. Text HELP to 68411 for help, text STOP to 68411 to end. By opting in, I authorize the seller to deliver messages using an automatic telephone dialling system and I understand that I am not required to opt-in as a condition of entering the Contest.

4. Participants will receive one (1) contest entry for signing up for email and/or mobile phone updates. This is limited to one entry per person through the online sign-up form.

5. Participants may have the opportunity to earn additional entries and any details will be announced from time to time if available.

6. Participants must be 18 years of age at the time of contest entry and reside in Nova Scotia, Canada.

7. By entering this Contest, all entrants consent and agree to the use of their name, address, likeness and photo for any advertising, publicity and marketing purposes by the Sponsor, without compensation.

8. By entering, all eligible participants agree to abide by the rules and conditions outlined above.

Subscribe to our newsletter

Sign up here to get the latest news and updates from Clinton Wilkins Mortgage Team.

You can unsubscribe at any time.

Normally you can find this at retail stores across Halifax and Dartmouth, but we wanted to make it even easier for you to get a copy.

The entire guide is available online to view or download, and to make sure you’re staying safe at home, you can now request a print copy by mail, free of charge, anywhere in Nova Scotia!