Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
How much you need to earn to afford a home in Toronto and the GTA + MORE Oct 8th
Looking at the Toronto housing market through a lens of percentages, shifting sales numbers and interest rates may be the go-to method for industry insiders, but for many run-of-the-mill buyers, there’s really one thing that matters: “What kind of home can I afford?”
To help answer that que.... More »
Lower Rates Means Less Stress in the “Stress Test” + MORE Jul 23rd
Starting now, Canadian mortgage seekers will find it easier to qualify for more money. That’s because the Bank of Canada has dropped its five year benchmark qualifying rate from 5.34 percent to 5.19 percent. This is the rate banks use to qualify would-be-homebuyers for a mortgage.
This is the fir.... More »
Mortgage renewal calculator Sep 26th
When it’s time to renew your mortgage, you can either stay with your current lender or shop around for a new one that offers a lower interest rate or different terms. Using a mortgage renewal calculator can help you compare mortgage offers and pick the best one available at the time of renewa.... More »
Paying down your mortgage faster comes with trade-offs + MORE Apr 18th
While extra payments can reduce long-term interest costs, they may also limit liquidity, trigger penalties and crowd out other financial priorities.... More »
What it’s like to be a first-time home buyer in Ontario—for real + MORE Apr 25th
We’d been looking for over two years when we finally closed on our home last year in Vaughan, Ontario, just north of Toronto. As first-time home buyers in Ontario, my husband and I had seen around 30 houses, had been outbid on five or six and had expanded our search area from the middle of Toronto.... More »
Mortgage rates are rising. Here’s how you can save money
– thestar.com
Even with rising interest rates, some experts suggest variable-rate options are more attractive than fixed-rate mortgages.Record-Low Variable Rate Wars EXPIRE THURSDAY… Don’t miss out!
– canadamortgagenews.ca
The incredible variable rate wars we’re seeing this month are about to come to a close! It would be a shame to miss out on these savings! And, while there is a possibility that they’ll extend into June, I wouldn’t risk it – deep savings like these don’t come around every day! In fact, I’ve never seen advertised variable rates this low!
If your mortgage is coming up for renewal soon – or, even if it’s not – it’s worth a call to your mortgage broker to discuss the possible savings. The math speaks for itself…
We’re going to remember May 2018 as a historic time for variable-rate discounts! If you have a variable-rate mortgage that’s priced at Prime minus 0.50% or worse, then you should consider refinancing to take advantage of these exceptionally low rates. Your penalty will be considerably less than the savings. Click here to read more details about the incredible savings potential.
Feel free to call or email me before the variable discounts come to a close to take advantage of this incredible opportunity to save even more on your mortgage!
Your best interest is my only interest…
