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years
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Mortgage Rates


Term Bank Rates Our Rates
1 year 3.75% 2.35%
2 year 4.20% 2.95%
3 year 4.75% 3.49%
4 year 5.29% 4.00%
5 year 5.84% 3.84%

CURRENT VARIABLE RATE IS 2.00%

Based on the most current lender information and individual circumstances. *O.A.C. E.& O.E.

Testimonial


We are very impressed on how he has handled our case. He is sincere, reliable, and hardworking. He has considered everything possible to meet and satisfy our needs financially. We are very lucky to have known Jeff.
M.C.D.P.

http://ca.reuters.com/article/domesticNews/idCATRE5BK2FU20091221
I find this to be an interesting article.  This is similar to what the government did last year with regards to requiring 5% downpayment and eliminating 40 year amortizations.  At that time last year, although it made my job a little more difficult in terms of financing clients, I could understand why they did take [...]


Low rates look safe for a while

Here is some good news for those in variable rate mortgages:
http://www.montrealgazette.com/business/rates+look+safe+while/2122132/story.html
Low interest rates and a rising Canadian dollar are giving strong hope that the Bank of Canada prime rate will stay low for the forseeable future.


There is a new article in the National Post discussing whether home-owners should choose fixed or variable in todays economic environment.
http://www.nationalpost.com/news/story.html?id=2133046
It is interesting to me that over much of the time I have been in this industry, there are always pushes by the banks and media towards fixed rate mortgages, as this article appears to [...]


Welcome to the NEW Ownthathome.ca!

After much work, the new ownthathome.ca is finally live!  I hope that the new website will be more visually appealing, enjoyable/easier to use and I look forward to using the new website as a platform to deliver up-to-date information on mortgages and financing.
In the coming days, I will be fixing any bugs and adding more [...]


If you have ever taken out a loan, used a credit card or participated in a “buy now, pay later” offer, you will have a credit history. Your credit report contains personal information, credit information, banking information, public records (bankruptcies or credit related judgments against you), collection information, consumer statements and credit report inquiries.
Before [...]


As a Mortgage Professional I often field client inquiries about risks facing Canadian real estate and mortgage markets. With all the turmoil taking place across the border and around the world in real estate markets, now is a good time to clarify some of the differences between us and our neighbours south of the [...]


Mortgages in a Brave New World

WHY AM I A MORTGAGE BROKER?
I became a mortgage broker to help families take control of their finances, away from the banks and government. Mortgages are the loans with the lowest interest rates available. I help families to finance their beautiful new homes, decrease taxes, increase net worth, improve cash flow, and decrease debt [...]


House prices, sales rise again

Alan Campbell, Richmond News
It may not yet be time to cork the champagne, but there appears to be light at the end of the Richmond real estate tunnel.
For the second time in a row this year, sales prices and sales volume improved from the previous month.
And, according to figures released this week by the Real [...]


Home sales jump in April

I saw this article today on The Globe and Mail website:
http://www.theglobeandmail.com/servlet/story/RTGAM.20090514.whomesales0514/BNStory/Business/home
It is another article giving a good indication of an upward trend on home sales and prices. Those who have recently purchased or moved up would be looking to be in a much stronger position now. I imagine that news like this will [...]