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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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25 June 2019

Balances on reverse mortgages showed a more than 28% increase Forget about HELOCs, as Canadian seniors have a new popular method to use their propert...Read more >>

24 June 2019

BMO believes there’s no need for the central bank to cut rates Certain industry specialists say the Bank of Canada should cut its key lending rate ag...Read more >>

21 June 2019

HELOC debts exceeded $300 billion for the first time in history According to the Office of the Superintendent of Financial Institutions (OSFI), ...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