News Now • Thursday, October 1, 2015 • Page 3 CAA Travel Niagara and Viking River Cruises invite you to an informative evening on River Cruising!
Wednesday, October 21 Ball’s Falls Conservation Centre 7:00 p.m.
Please RSVP to 905-322-2734 or rvietgen@caaniagara.ca
50th celebrated in style
The Knights of Columbus were part of the festivities at Saturday’s Grimsby Benevolent Fund 50th anniversary celebration. (L to R) Wilf Vien, Stan Ochtabienski, Joe Cunningham, Lloyd Potti and Dan Novak helped serve up some barbecued fare. Below: Gerb Jongerden fills out a ticket on one of the draws while his grandkids, Abby and Max Mease look on. Williscraft - Photo
Are you ready to “think outside the bank”? In June 2012, the Federal Government reduced the amortization policy on CMHC-insured mortgages, to a 25-year maximum. If you are purchasing a home with at least a 20% downpayment, then you are not required to purchase CMHC insurance. And, you are not limited to a 25-year amortization! This same rule applies to refinances. As long as you have a minimum of 20% downpayment, or 20% equity in your current home, then you can take an amortization as long as 35 years. There are only two financial institutions in Canada that still offer a 35-year amortization; You cannot get this at your local bank or credit union. Is the 35-year amortization a good idea? It depends on your personal objectives. Everyone’s situation is unique. If you are interested in learning more about your amortization options for your home purchase, mortgage renewal, or mortgage refinance, please contact me. I’d welcome this opportunity to assist you. Talk to us. You’ll be impressed!
Margo Wynhofen, B.A.Econ. Principal Broker Verico
One Mortgage
Corp.
Each Verico Broker is an Independent owner operator ™ Trademarket of Vercio Financial Group Inc.
Verico One Mortgage Corp. FSCO Licencer #10460
Polar Express
Pick Your Own
December 5 and 6 th
APPLES
th
December 12th and 13th
Mom’s & Dad’s book soon! Limited Seating! Train Rides, Crafts, Snack and goodies, Wine tasting and food pairing and visit with Santa and Mrs. Clause. Fun for all!
1468 Hwy. #8, Winona
7 Livingston Avenue, Grimsby, ON L3M 1K4 Tel: 905.309.8850 Toll -Free 866.864.9595 Fax: 866.210.3533 www.mymortgageadvisor.ca
Book School, Daycare and Preschool Visits Now
Tours available Monday - Friday Rain or Shine Fun for Everyone!
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905-643-1015
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Open 9-5 daily
www.puddicombefarms.com