My Rates

6 Months 3.10%
1 Year 2.19%
2 Years 2.24%
3 Years 2.29%
4 Years 2.49%
5 Years 2.39%
7 Years 3.84%
10 Years 3.75%
6 Months Open 3.75%
1 Year Open 3.75%
*Rates subject to change and OAC
Tracy Head Mortgage Consultant

Tracy Head

Mortgage Consultant

Head Office: 2183 240th Street, Langley, Okanagan, British Columbia









Congratulations! You’ve decided to begin your search for a new home, or perhaps you’ve already found the home of your dreams and are ready to make an offer. It’s now time to consider your mortgage options. With so many different choices available, how do you choose the right mortgage?


As a mortgage professional, I want to help you find the product that best fits your needs. Whether purchasing a home, renovating your current home, helping your children, or purchasing an investment or vacation property - investing in real estate is a major decision. My goal is to help make your experience a positive one. In addition to arranging mortgage financing, I am able to help you with:


Mortgage Check-ups - to ensure your mortgage is working for you

Credit coaching - if you have had credit problems I can suggest ways to improve your credit

Renewal Watch - advise you when rates drop to the point that it will save you money to renew your mortgage early

Rate Watch - I can add you to my weekly email with updates on the best rates available

Options - I can explain the different scenarios that will assist you with saving for your children’s education, buying a vacation property or strategies for retirement

Education - The better prepared you are, the less stressful the process. Check out my blog: Tracy Head ~ My Mortgage Mentor (http://mortgagebrokerkelowna.wordpress.com/)


There’s absolutely no charge for my services on typical residential mortgage transactions. Like many other professional services, mortgage brokers are generally paid a finder’s fee when we introduce trustworthy, dependable customers to a financial institution.


Some of the benefits of working with me include:


  • Independent advice regarding your financial options
  • "One-Stop" shopping - I negotiate with multiple lenders on your behalf
  • Access to multiple lenders
  • Ongoing consultation and support






Because my work hours are flexible, we can work on your mortgage any time. I am available evenings and weekends, which means you don't have to book time off work to get a mortgage. I am happy to meet with you either by phone or in person (depending where you are), and am always just a call away to answer any questions you have. My service and support do not end once you have your mortgage - I am available to answer questions and help with follow up whenever you need me.


Choosing the right lender, and the mortgage that best suits your needs, is an important decision.  I want to help make the process a smooth one for you.  Let me help you achieve your dreams.


Email me today at tlhead.mtg@gmail.com for your free copy of my Beginner's Guide to Mortgage Financing, and check out my blog at www.mortgagebrokerkelowna.wordpress.com for lots of helpful information and advice!

BLOG / NEWS Updates

Canadian Income Survey, 2016

Canadian families and unattached individuals had a median after-tax income of $57,000 in 2016. Median after-tax income increased from 2011 to 2014, but held steady in 2015 and 2016. The slower growth in 2015 and 2016 was associated with the resource price slowdown, which began in the second half of 2014. After-tax income is comprised of income from market sources and government transfers. Market income includes employment income, retirement income and income from investments, while government transfers include benefits to seniors, child benefits, Employment Insurance benefits, social assistance and other benefits. While growth in overall median after-tax income slowed in 2015 and 2016, there was also a significant increase in government transfer income. Median income from government transfers rose from $5,800 in 2014 to $7,400 in 2016. About half of this rise was due to increased child benefits, which became a larger source of income for families with children. In 2014, the median child benefit received by couple families with children were $2,500. This rose to $3,400 in 2015, and to $4,000 in 2016. For a lone-parent family, the median benefits rose from $5,100 in 2014 to $5,800 in 2015, and then to $6,400 in 2016.

Bank of Canada maintains overnight rate target at 1 1/4 per cent

The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Global growth remains solid and broad-based. In the United States, new government spending and previously-announced tax cuts are anticipated to boost growth in 2018 and 2019. However, trade policy developments are an important and growing source of uncertainty for the global and Canadian outlooks. In Canada, the national accounts data show that the economy grew by 3 per cent in 2017, bringing the level of real GDP in line with the projection in the Banks January MonetaryPolicy Report (MPR). In the fourth quarter, GDP growth was slower than expected, largely due to higher imports, while exports made only a partial recovery from their third-quarter decline. The gain in imports mainly reflected stronger business investment, which adds to the economys capacity. Strong housing data in late 2017, and softer data at the beginning of this year, indicate some pulling forward of demand ahead of new mortgage guidelines and other policy measures. It will take some time to fully assess the impact of these, as well as recently announced provincial measures, on housing demand and prices. More broadly, the Bank continues to monitor the economys sensitivity to higher interest rates. Notably, household credit growth has decelerated for three consecutive months. The implications of the recent federal budget for the outlook for growth and inflation will be incorporated in the Banks April projection. Inflation is running close to the 2 per cent target and the Banks core measures of inflation have edged up, consistent with an economy operating near capacity. Wage growth has firmed, but remains lower than would be typical in an economy with no labour market slack. Inflation is fluctuating because of temporary factors related to gasoline, electricity, and minimum wages. In this context, Governing Council maintained the target for the overnight rate at 1 1/4 per cent. While the economic outlook is expected to warrant higher interest rates over time, some continued monetary policy accommodation will likely be needed to keep the economy operating close to potential and inflation on target. Governing Council will remain cautious in considering future policy adjustments, guided by incoming data in assessing the economys sensitivity to interest rates, the evolution of economic capacity, and the dynamics of both wage growth and inflation.


TD Bank Scotia Bank First National B2B Bank Home Trust
MCAP Merix Industrial Alliance Optimum Canadiana Financial
Equitable Bank ICICI Bank Fisgard Capital  RMG Mortgages Street Capital