Mortgage Corner - Rates Moving Up

Looking to buy a home in next 3-4 months? Looking to get long term fixed mortgage?
Then I hope you have your mortgage pre-approved because rates for longer term fixed mortgages are going up....

The rate increase is related to the increase in the bank's borrowing costs....

Read the detailed story in the The Star...

For all real estate matters, contact RAJ...

Mortgage Corner - Rate Cuts

Bank of Canada lowered its lending rate to 0.25% followed by most major banks slashing their prime rates to 2.25%.

The rate cut benefits many products such as line of credit and variable rate mortgages but it also limits the future rate flexibility of the Bank of Canada.

Read all about it here:
Toronto Star
The Globe and Mail
The National Post
Bank of Canada

For all your real estate needs and queries, contact Raj

Mortgage Corner - Rate Cuts

Major banks have announced lowered rates on various mortgage products. It is a great time to:

• Get Pre-approved if looking for a new home
• Get Approved if you just found your dream home
• Renew if your mortgage is up for renewal
  
• Lock in if you want to convert to a fixed rate mortgage
• Finance your investment property
  

For all your real estate needs and queries, please contact Raj Bajwa

For all your mortgage needs and queries, please consult your mortgage specialist or contact:
Wilson D'Souza
Mortgage Specialist, BMO
905.670.2413 | wilson.dsouza@bmo.com

Mortgage Corner - Wilson D'Souza

Wilson D'Souza
Mortgage Specialist, BMO
905.670.2413 | wilson.dsouza@bmo.com

- I met Wilson today at Century21 Green Realty office. Wilson has teamed up with Genworth Financial Canada to provide a wealth of financing programs and options to home buyers. Some of the services offered are:

• Pre-approval
  
• Mortgages
• Re-financing
• Educating on government programs for First Time Home Buyers
• "New To Canada" product for First Time Home Buyers who have been in Canada for less than 3 years
• Home Buyer Privileges Program with Genworth
• Home Owners Assistance Program with Genworth
  

Please contact Wilson for more details and qualification criteria for above listed programs and many other programs available to YOU..The Home Buyer.

- I look forward to working with Wilson in helping my clients finance and protect their dream home.