Merix Financial Decreases Interest Rates

Merix financial has just announced this afternoon that they have decreased their mortgage rates. Further to my post earlier this week regarding the Merix 50/50 mortgage the new rate works out to be 3.07%! 3.99% for the 5 Year Fixed portion Prime – .10% for the 5 Year ARM portion Weighted average rate: 3.07%

What Is a Private Mortgage? Ask a S.o.b

This week’s question is in regards to the various post we have online regarding Private Mortgages in Toronto. What is a private mortgage? Private mortgages are a special and very interesting type of mortgage option that most people are not too familiar with. The most basic definition of a private mortgage is a mortgage ...

Merix Fiancial 50/50 Mortgage – the Best of Both Worlds

Not sure whether you want to take the full risk of selecting a variable rate mortgage in Toronto with an imminent rise in the prime rate on the horrizon over the next 24 months? Why not consider an innovative product offered by Canadian mortgage lender Merix Financial. The 50/50 mortgage. The Merix 50/50 Wise ...

Monday Mortgage Minute – Dec 7th 2009

Mortgage interest rates in Toronto have stayed fairly steady over the past week despite the increase to bond yields last Friday. Tomorrow the Bank of Canada will decide on whether to increase the prime rate. There is unanimous consent among economists that the prime rate will remain unchanged however it will be interesting to ...

Dough Bakery at 173 Danforth

Its not always about boring interest rates and mortgage stuff! Meet my neighbours downstairs. Dough Bakery opened autumn 2009 and ever since then the smell of freshly baked bread has filled my office driving me crazy when I’m hungry. Co-owner Benita talks about the concept, the menu and their amazing refurbished authentic espresso