Guaranteed lowest mortgage rates, call Robert Clancy today: (416) 899-1467

  • robert@SafebridgeFinancial.com
Clancy’s Mortgage Solutions
  • Types of Mortgages
    • New to Canada Mortgage
    • Self-Employed Mortgages
    • Purchase Plus Mortgage
    • Refinance Mortgage
    • Construction Mortgages
    • Private Mortgage Financing
    • Commercial Mortgages
    • Reverse Mortgages
    • Mortgages over $1,000,000.00
  • Services
    • Why use a Mortgage Broker?
    • Residential Mortgages
    • Commercial Mortgages
    • Construction Mortgages
    • Life Insurance
    • For Realtors
  • Apply Now
  • Resources
    • Blogs
    • Tools
    • Toronto Mortgage Glossary
    • Rates
    • Mortgage Calculator
  • About Us
    • Testimonials
  • Contact Us
Clancy’s Mortgage Solutions
  • Types of Mortgages
    • New to Canada Mortgage
    • Self-Employed Mortgages
    • Purchase Plus Mortgage
    • Refinance Mortgage
    • Construction Mortgages
    • Private Mortgage Financing
    • Commercial Mortgages
    • Reverse Mortgages
    • Mortgages over $1,000,000.00
  • Services
    • Why use a Mortgage Broker?
    • Residential Mortgages
    • Commercial Mortgages
    • Construction Mortgages
    • Life Insurance
    • For Realtors
  • Apply Now
  • Resources
    • Blogs
    • Tools
    • Toronto Mortgage Glossary
    • Rates
    • Mortgage Calculator
  • About Us
    • Testimonials
  • Contact Us
Mortgage Agent > Resources > Videos
By: Robert Clancy

Accelerated Versus Monthly Mortgage payment Frequency

https://clancysmortgagesolutions.com/wp-content/uploads/2021/05/Accelerated-Versus-Monthly-Mortgage-payment-Frequency.mp4
By: Robert Clancy

Mortgage Rates Weekly Update – June 5th 2020

We have seen some small up and down movement on fixed rates over the past couple of weeks.  This has been a result of the fluctuations in both the stock and bond markets and will continue like that until we get into more stable markets.  Fixed rates however still remain low and should continue to remain so for the foreseeable future.

The Variable Rate (The Bank of Canada Rate) has not changed since The Bank of Canada’s 1.50% rate reduction in March. There is still room for a possible further reduction which we could see later in the year.  Variable rates are at there lowest in 5 years.

The Real Estate Market is picking up with stronger purchases/sales in May.  We are not close to last years numbers but there is certainly a lot more activity which should continue as things open more and we get back to a normal world again.

Mortgage Product of the week:  Mortgage Switch is when you take your existing mortgage and move over to a new mortgage lender and product without adding on new money, so there is no lawyer or appraisal fee involved.  With rates as low as they are now there is tremendous opportunities to switch your mortgage.  If your mortgage is coming up for renewal, please do not just auto renew without exploring new opportunities and even If you are not up for renewal a switch mortgage could still work for you so let m know if interested.

Please do not hesitate to call or email me with any questions!

menu
  • Events
  • General
  • General News
  • Mortgages & Interest Rates
  • Tips
  • Videos
  • Weekly Updates
Recent Posts
  • Accelerated Versus Monthly Mortgage payment Frequency
  • Update on new mortgage qualifying rate
  • New To Canada Mortgage Product
  • Going through a separation and need a mortgage
  • Purchase Plus Improvement Mortgage
Today’s Interest Rates

In todays Mortgage Financing Market mortgage rates are changing constantly. Today mortgages rates are based on so many different variables, it is impossible for an adviser to give a true rate quote without actually reviewing the borrower’s application first.

Click Here to read more.

BANK RATESTERMOUR RATES
3.891-YEAR1.99
3.892-YEAR1.69
3.393-YEAR1.69
3.894-YEAR1.74
5.345-YEAR1.99
6.007-YEAR3.95
6.1010-YEAR3.95
5.34Variable (3yr-closed)3.2
5.34Variable (5yr-closed)1.8
5.34Variable(Open)2.95
WHY USE A MORTGAGE BROKER?
https://www.youtube.com/watch?list=PL3M4lKT4ssGRFn7YrLMzqhQI86kSXERNx&v=WE_EgwFRils
Clancy’s Mortgage Solutions

I am a Mortgage Agent for one of the most successful mortgages companies in Canada.

Guaranteed lowest mortgage rates

Guaranteed lowest mortgage rates, call  (416) 899-1467 or email robert@SafebridgeFinancial.com

Quick Links

  • Rates
  • Mortgage Calculator
  • Apply Now
Copyright © 2023