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Giving away 1 x $50 M&M gift card. Enjoy some good eats for Thanksgiving.
 

Your a VIP <<First Name>>

.... and you're in my VIP Club.  Instead of traditional advertising, every month I am giving away something fun to my VIP's (past, present and future clients); you're one of them!  There's no catch - I'm spending my advertising dollars on you.  I'll be sending mortgage, insurance or investing news, keeping in touch, and offering you a cool giveaway.

Enter the Giveaway

Giving away 1 - $50 M&M gift card. 👉 Vote in the survey below 👈 and you will be entered in the draw for the gift card. Draw will be on Oct 20th, and winner will be notified shortly after by email.
What is your favorite thing about October?

 A) Carving up a scary pumpkin☠🎃 
 B) Eating a lot of turkey and gravy 🦃 
 C) Being with family and friends on Thanksgiving 🥂
 D) Cool nights and falling leaves 🍂🍁 


 

Do you know anyone who has had a critical illness?  Of course you do.  Did they plan on it?  Of course they didn't.  Would a lump sum cash payment help ease the financial strain?  That's easy, YES!  Lets discuss how easy this can be.

 

If your application for critical illness insurance is accepted and you get struck with a major health issue - like cancer, stroke, or heart attack - the policy pays out a lump sum (TAX FREE). The idea is that it will replace income while you're off work and make life easier for you and your family.  Also, what if you had to go to the Mayo clinic to get the best care available, would you think twice?

Depending on the insurance package you choose, different medical conditions are covered. Basic plans cover stroke, heart attack, and cancer diagnoses. Some more elaborate plans cover up to 25 different conditions including blindness, deafness, and kidney failure.

Why is it more expensive?  Because the odds of it paying out are very high.  Think about those you know that have survived a heart attack or cancer.  Fast response (everyone has a cell phone to call 911), defibrillators at most offices and sporting facilities and better medicine....... we survive.

 

The good news is we survive.  The bad news is it may result in overwhelming medical, financial and emotional burdens.  It also may impact you and your loved ones regardless of your financial position.

You can use insurance to transfer some of the financial risk of a critical illness from you to them.  This can help you continue to make the most of your money, giving you the flexibility to keep your financial plans intact.

Critical illness insurance  can help prevent your hard-earned money from being spent on medical bills and associated costs that can arise from an unexpected illness. 
Are you prepared to Survive?  Ask me about the new insurance vs the old.

Residential Market Update - Treading water in a rising tide

 In the rising tide of interest-rate-cut expectations, the Bank of Canada is treading water.  The central bank did meet expectations by holding its policy rate at 1.75% for a seventh consecutive setting, last week.

The reasons are fairly apparent: inflation is on target, GDP growth is good (Q2 was far better than expected even if it was based on some one-off stats), job growth is steady and unemployment is at a generational low of 5.7%.

It seems pretty clear that the BoC really does not want to trim its trend setting rate.  The economic numbers do not warrant it and we are in a federal election cycle.  The Bank has a long history of stepping to the sidelines during elections in an effort to preserve its reputation for political neutrality.

But the BoC is under a lot of external pressure to cut its rate.  Canada is one of just a handful of developed economies with a policy rate above zero.  Of course, the United States is one of the others and it is already making cuts.

The U.S. Fed says it is trying to ensure the economy does not stall in the months ahead.  Being as the U.S. is the biggest economy in the world, others – including Canada – will likely have to take out some insurance of their own.

The next BoC setting is October 30th.  That is close to, but after, the October 21st election so it is politically doable.  The next opportunity is December 4th, just in time for Christmas.

Rates might be rising in the next week. 


5 Yr Fixed Insured High Ratio and < 65% - 2.64%
5 Yr Fixed Insurable Rates 70.01% - 80% = 2.84 (Purchase only)
Insured HR 5 Yr. ARM - Prime - 1.0% ( 2.95%)
5Yr. Fixed Uninsured Conventional Special - 2.89% (Refi no rental)
(Wondering what the difference between Uninsurable and insured? Why is Uninsurable so much higher than Insured? Give me a call and we can chat about rates.)
Your Personal Guide to Mortgages booklet has now been updated to reflect the changes for 2019.  This guide is free to download if you are looking for a new mortgage, a second mortgage or to refinance your current mortgage.  If you know any one that might be looking for a new house - please pass this along. Also if you know of any real estate Agents that would be interested, please pass this along.  I have had many compliments on the booklet and how nicely it lays out the process from pre-approval to move in day. Just click on my face and it will take you to the downloadable and shareable pdf.  I hope you enjoy the read.
September Old Navy Winner!

Congrats to Amy Q. on winning your gift card.

Lang Financial Referral Initiative


Because a lot of my very best clients have been referred to me by existing clients, I believe this is a great way grow my business.  The finest complement I can receive is a referral.  I am never too busy to see if I can be a resource for someone else you care about.

Each and every referral will get an automatic $25 gift card for the company of your choice.  
When that referral does any business with me, mortgage - investing - insurance, I will give up to a $100 gift card to the person that referred. This is on top of my monthly VIP prize every month. 

 I always appreciate referrals and want to show how much I do.

For this next month, I am giving away 20 - $5 Tims cards to anyone who has a friend, family, co-worker, sign up to this newsletter. They can sign up at my website.  The more people I can reach, the more people I can show my value proposition. The mortgage, investing and insurance world is becoming more and more confusing. It is a full time job for me to keep up the the changing rules and regulations. My goal is to educate my clients that we have the solutions that will solve their problems in an easy and stress free way. Please don't refer your cats or dogs 😂 and one email address per household.


 
Questions on your Insurance, Mortgage or Investments?  Do you need to review your insurance to ensure you are fully covered? Please email me or call me today.
Copyright © 2019 Lang Financial, All rights reserved.


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