Guaranteed lowest mortgage rates, call Robert Clancy today: (416) 899-1467
What is a Reverse mortgage?
What if you had the money to travel, pay off debts, renovate your home, and help your children buy a home or just have more income to do more of the things you wanted to do? A Reverse Mortgage could be just what you need. It’s the simplest and sensible way to use and unlock your home’s equity and turn it into a steady flow of income or a lump sum cash payment to help you enjoy life on your terms.
What is a Reverse mortgage?
What if you had the money to travel, pay off debts, renovate your home, and help your children buy a home or just have more income to do more of the things you wanted to do? A Reverse Mortgage could be just what you need. It’s the simplest and sensible way to use and unlock your home’s equity and turn it into a steady flow of income or a lump sum cash payment to help you enjoy life on your terms.
Hi All,
Here is a great article I came across on yet another possible rate hike by The Bank of Canada this year. Its a great read especially if you are a variable rate mortgage holder. With the next meeting fast approaching on October 24th, 2018 many Canadian’s are wondering if now is the time to lock in their mortgage rates.
New to Canada Program requires minimum of 5% down.
Read More
High ratio or 25 year amortization 5 year variable at 2.50% and 5 year fixed at 3.34%. Conventional mortgage over 30 years 5 year variable 2.85% and 5 year fixed 3.64%
The fixed rate has being bouncing around for the past 12 months. I would say in last year it has been as low as 2.89% and as high as 3.74%. This is mainly down to Bond and stock markets. When people sell bonds mortgage rates go up. With Trump getting into to power there’s been a constant back and forth swing in the market especially over past 3 to 4 months. These rate swings have nothing to do with our economy. Once things settle down again in the rates will settle back down.
One of the very few benefits that has come out of the new mortgage regulations and rules changes are the Mortgage Switch Opportunities.
New to Canada Program requires minimum of 5% down. Must be working full-time permanent for at least 3 months and be living in Canada under 5 years. Work permits are accepted.
For new to Canada applicants without a job they need 35% down and have 12 month of mortgage and property tax payments.
Read More
New to Canada Program requires minimum of 5% down. Must be working full-time permanent for at least 3 months and be living in Canada under 5 years. Work permits are accepted.
For new to Canada applicants without a job they need 35% down and have 12 month of mortgage and property tax payments.
Read More
If you are a new immigrant to Canada, obtaining a mortgage has never being easier. You can qualify for a standard mortgage of up to 95% of borrowing. That is right, up to 95%! This program is open for all new immigrants with permanent residency, temporary residency, or a work VISA.
Read More
