Current market : Well it looks like the low fixed rates are gone and maybe gone for good. The bond yields keep going up and up, which means the lenders fixed rates follow. Generally there is a gap of about 1.5-1.6% between the current five year yield and pricing in fixed rates. I usually have […]
General Information
Please no more changes!
The content in this post was from an article I just read in the Globe and Mail. I hope that this does not pan out. There have been so many changes in the market lately that obtaining financing has never been more difficult. Well at least in my 9 years in the business. In my […]
Crazy weeks are behind us!
Wow, what a crazy last two weeks. With the increase in rates happening litterally daily, it was a lot of work to get in as many people as possible with a good rate hold! Rates are still at very low levels, just not under the 3% mark…unless it’s a shorter term. However, keep in mind […]
Why you still need a broker
Investors are increasingly prepared to go it alone in this slower market where even the big banks are quick to whip out low rates to compete. But there are remain key reasons for using mortgage brokers. WhichMortgage.ca outlines those considerations and explains why savvy investors continue to rely on brokers and the website’s comprehensive directory […]
Property Tax Time 2013
It’s that time of year to start thinking about your property taxes!If you’re mortgage lender has been collecting your property taxes, please make sure to look in smaller print in the near top right corner of your bill. Here it should say something along the lines of…’we will connect with your lender xyz’ This is […]