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Contact Information

2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com

23 August 2010

September 8: Bond Dealers Expect 0.25% Rate Hike
In spite of  all the economic decline news these days, all 11 primary dealers surveyed by Reuters still expect a 0.25% rate hike at the Bank of Canada next interest rate meeting.
Here is an approximate table of dealers’ forecasts concerning overnight rate hikes for the next three BoC meetings.

20 August 2010

Real estate purchase for your student kid
Buying a property for your college kid can be a smart investment. Today many parents consider it to be a wise decision to cope with the costs of a college education.
What are the main reasons for that?

19 August 2010

Mortgage Brokers – The Shrinking Industry
According to CAAMP, there are about 18,000 - 20,000 people with mortgage agent and/or mortgage broker licenses in Canada. Just in Ontario there are approximately 10,000, in BC and Alberta - 6,000, in Quebec - 1,000.
But still it’s not so easy to say how many of them are really active – about 10,000 - 12,000, actually.  
Nevertheless, it’s more interesting to know how this population will change in the nearest future.

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21 May 2019

IMF believes Canada shouldn’t change mortgage stress test requirements According to the International Monetary Fund, household debt in Canada remains...Read more >>

20 May 2019

Happy Victoria Day – what are we celebrating today? Traditionally, Victoria Day is a federal Canadian holiday. It is celebrated on the last Monday be...Read more >>

17 May 2019

Stephen Poloz doesn’t think changes to mortgage stress test are necessary Despite all the calls, the governor of the Bank of Canada doesn’t think cha...Read more >>
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7676 Woobine Avenue Suite 300 Markham, ON L3R 2N2
2180 Steeles Avenue West, Suite 204, Concord Ontario L4K 2Z5
© 2010 Michael Tulchenetskiy & Denys Derzhavets Mortgage Brokers. All Rights Reserved