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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





News
7 July 2010

The Yield Curve Predictions
Today there’s a quite interesting Globe & Mail report concerning the probability of recession. These thoughts were provoked by the yield curve analysis.
The yield curve represents the connection between the interest rates and securities with equal risk, but different maturity dates.

 
6 July 2010

Pre-Approval Becomes More Popular
According to TD Canada Trust’s 2010 Home Buyers Report, 91% of home buyers are getting pre-approved.
It’s a great step forward – in 2007 it was only 62%.
The deal is that nowadays home buyers are more educated and informed concerning the pre-approval benefits. In addition to it, they are really worried about rising rates tendency and all the risk they can face in the end.

 
5 July 2010

Rates Will Keep Rising, But This Time Slower
According to a Bloomberg survey, the majority of Canadian economists expect the overnight rate to rise to 1.25% by the end of this year.
Today the overnight rate is 0.50%. Remember, that this rate influences the prime rate. And the prime rate impacts variable mortgage rates.
Here are some Big 5 banks quotations concerning interest rates now.

 
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News

20 February 2020

GTA home buyers will prefer detached houses The recent report by the Toronto Residential Real Estate Board (TRREB) shows that a large part of potenti...Read more >>

19 February 2020

January 2020 – housing market supply shrinks, while prices go up The recent report by the Canadian Real Estate Association (CREA) suggests we may fac...Read more >>

18 February 2020

BREAKING NEWS! Mortgage stress test change is coming! Today, Minister of Finance, Bill Morneau, stated there will be changes to the benchmark rate us...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
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