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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

10 may 2010

Record jobs gain in April
Last Friday Statscan report was published. According to it, the record number of Canadians returned to work in April. It actually added pressure on the Bank of Canada, provoking to raise interest rates earlier than other countries - in June.

6 may 2010

House prices will fall - said TD Bank
On Wednesday TD Bank said they expect house prices to fall in 2011.
According to the forecast, there’s going to be about 475,000 transactions at an average price of $350,000. It’s a 9% rise from the end of 2009.

5 may 2010

Credit score. How can it influence home buying?
At a certain moment borrowers, looking for a mortgage, find out that their credit score is very important for the home buying process and the interest rate that a lender can offer.

What is a credit score?
A credit score is used by lenders to estimate the potential risk. They say that borrowers with higher credit scores are less inclined to loan defaults.
How are credit scores calculated?

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Licence# 10349

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