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
How Does a Mortgage Broker Get Paid?
Week number 2 of “Ask a S.O.B”. This question didn’t come from a reader but is probably the question I most commonly get asked during the first conversation with a client. “How Does A Mortgage Broker Get Paid?” I think sometimes people are a little embarrassed or they feel it’s taboo to ask this ...
Fixed 5 Year Drop – 3.89%
Shortly after recording my Monday Market Minute… I received an e-mail from Merix Financial offering an exclusive group of Toronto mortgage brokers a deeply discounted fixed 5 year rate. 5 year fixed rate mortgage 3.89%! Call or e-mail me today so I can get you this excellent rate. Christopher Molder – Son Of A