Category: Mortgages

January 30, 2010

Mortgage Insight from the Foutainhead?

I’ve recently picked up the classic novel The Foutainhead by Ayn Rand (1943). Reading it this afternoon I came across an unusually insightful quote by one of the lesser characters in the book; ...

January 27, 2010

Toronto Condo Chicks

You don’t need me to tell you that Toronto is currently experiencing an incredible real estate boom spurred on primarily by low mortgage interest rates and first time home buyers entering the ...

January 14, 2010

What Does Term Refer to in My Mortgage Contract?

There is no such thing as a silly question. Especially when it comes to your mortgage and money! As a mortgage broker I sit down and work with a lot of borrowers, some have a very high level of ...

January 14, 2010

Toronto Interest Rates Have Changed for the Better!

In a complete U-turn from the attitude and expectations of last week, one of our lender partners Merix Financial has announced a slew of competitive rate cuts. The mortgage interest rates have come ...

January 12, 2010

Monday Mortgage Minute January 11th 2010

Mortgage interest rates have remained unchanged from last week. Although some lenders have increased their rates, the majority have opted not to buy into the hype created by the markets and held off ...

January 4, 2010

Monday Mortgage Minute January 4th 2010

Toronto Mortgage interest rates for the week of January 4th 2010. Happy New Year! As of today lenders have given us a fair warning that fixed interest rates will be rising this week. Already we have ...

December 21, 2009

Monday Mortgage Minute – Dec 21st, 2009

Toronto Mortgage interest rates for the week of December 21st. Interesting to note that during a week that is traditionally calm in the markets there was another rise to the 5 year bond yield. ...

December 14, 2009

Monday Mortgage Minute – Dec 14th 2009

Very few changes this week to mortgage interest rates in Toronto. 1 year fixed – 2.60% 3 year fixed – 3.40% 5 year fixed – 3.99% 3 year variable – Prime-.10% (2.15% effective rate) 5 year ...

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