About the Blog

A mortgage blog chock full of advice and tips to help you better understand key terms, and the latest mortgage news.

Welcome to the New BilliMac.com

By Bill Macklem | February 8, 2013

Welcome and thank you for visiting our new online home! We at Dominion Macklem Mortgages are extremely proud to present you with a one-of-a-kind experience online for all your mortgage and financial needs, with some extra fun on top. As our website has evolved over the years to this third and current version, we have…

Happy Thanksgiving Canada from Dominion Macklem Mortgages

By Bill Macklem | October 7, 2012

From everyone here at Dominion Macklem Mortgages, we would like to wish Canadians from coast-to-coast a Happy Thanksgiving! Take the time on this special day to cherish what you have and appreciate the people next to you, for nothing or no one should be taken for granted. And if you’re looking for more to serve…

Dominion Macklem Mortgages Weekly Rates Effective September 6, 2012

By Bill Macklem | September 6, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Thursday, September 6, 2012, include: VARIABLE RATE 2.65% $3.87/$1000 1 YEAR CLOSED 2.49% $3.94/$1000…

Dominion Macklem Mortgages Weekly Rates Effective August 29, 2012

By Bill Macklem | August 29, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Wednesday, August 29, 2012, include: VARIABLE RATE 2.65% $3.87/$1000 1 YEAR CLOSED 2.65% $3.87/$1000…

Dominion Macklem Mortgages Weekly Rates Effective August 22, 2012

By Bill Macklem | August 22, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Wednesday, August 22, 2012, include: VARIABLE RATE 2.65% $3.87/$1000 1 YEAR CLOSED 2.94% $4.17/$1000…

Client Testimonial from Michelle for Dominion Macklem Mortgages

By Bill Macklem | August 17, 2012

The following is a client testimonial from Michelle, who called in while Bill Macklem was on-air with the Radio Real Estate Show on Metro Vancouver’s AM650 station with host Tom Lucas and Sheri Brown.

Dominion Macklem Mortgages Weekly Rates Effective August 16, 2012

By Bill Macklem | August 16, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Thursday, August 16, 2012, include: VARIABLE RATE 2.65% $3.87/$1000 1 YEAR CLOSED 2.74% $4.07/$1000…

Is There Always A Penalty When One Mortgage Is Switched From One Lender To Another?

By Bill Macklem | August 13, 2012

That’s one of those things that we definitely don’t like – payout penalties from banks. What happens is that when you crash or break a contract, the bank sees that as a way to capture the money that you were going to pay for the remaining of that term anyway. It’s as if you had…

Are Mortgage Brokers Available Outside Of Regular Banking Hours?

By Bill Macklem | August 13, 2012

Bill: Most brokers are available pretty much 24/7. I meet my clients either at my business office, or if they’re tired, then I’ll drive down to their office. Sometimes they have young children, or they have a sickness in the family, or there might be more than one couple involved; maybe mom or dad or…

Connect with Dominion Macklem Mortgages on Facebook

By Bill Macklem | August 10, 2012

Hello Facebook friends, we hope you’re having a great summer 2012! With it being summertime, we know you’re probably not spending too much time on your computer, but you always have your smartphone nearby, whether it be an iPhone, Android, or BlackBerry. So that means you’re still connected and we would love nothing more than…

Dominion Macklem Mortgages Weekly Rates Effective August 8, 2012

By Bill Macklem | August 8, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Wednesday, August 8, 2012, include: VARIABLE RATE 2.65% $3.87/$1000 1 YEAR CLOSED 2.74% $4.07/$1000…

Is It Possible To Get A Canadian Mortgage If We're Not Canadian Citizens?

By Bill Macklem | August 5, 2012

Thank you, that question is coming up more and more now. In fact, there are 60,000 people moving into the Lower Mainland this year. There are a couple of different ways to do this. There’s the “New to Canada” program, which gives you 95% financing. The down payment has to come from your own funds,…

Dominion Macklem Mortgages Weekly Rates Effective August 1, 2012

By Bill Macklem | August 1, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Wednesday, August 1, 2012, include: VARIABLE RATE 2.65% $3.87/$1000 1 YEAR CLOSED 2.74% $4.07/$1000…

Dominion Macklem Mortgages Weekly Rates Effective July 25, 2012

By Bill Macklem | July 25, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Wednesday, July 25, 2012, include: VARIABLE RATE 2.90% $4.15/$1000 1 YEAR CLOSED 2.74% $4.07/$1000…

Dominion Macklem Mortgages Weekly Rates Effective July 19, 2012

By Bill Macklem | July 19, 2012

Your recipe for smooth and stress free financing comes from mortgage professionals Bill Macklem, Jackie Mellis, and Liz Babyak at Dominion Macklem Mortgages with the best weekly mortgage rates offered at BilliMac.com! Our best rates for this week, effective as of Wednesday, July 19, 2012, include: VARIABLE RATE 2.90% $4.15/$1000 1 YEAR CLOSED 2.74% $4.07/$1000…