Toronto Mortgage Rate Watch

SPECIAL: 5 year fixed 3.99% 5 Year Fixed: 4.34% 5 Year Variable 2.15% 3 Year Variable 2.15% 3 Year Fixed 3.60%

Xceed Mortgage Corp One Step Closer To Becoming A Bank

Yesterday, the shareholders of Toronto based Mortgage Co. Xceed voted to approve a plan to become a schedule 1 bank. This will allow Xceed to take deposits from the public to invest in mortgages. Look out for Xceed as they grow hopefully they will combine innovative products for the consumer with competitive rates.
Currently Xceed is [...]

Top 10 Reasons To Use A Toronto Mortgage Broker

Here are the Top 10 reasons to use a mortgage broker in Toronto:
#1- Get Independent Advice On Your Financial Options. As an independent mortgage broker in Toronto, I am no tied to any one lender or range of products. My goal is to help you successfully finance your home or property. I’ll start by getting [...]

I Hate Paying Mortgage Interest – Episode # 7 Character

Fixed Or Variable Rate Mortgage: What Should I Do?

As a mortgage broker in Toronto I receive calls from my clients and shoppers asking what to do in today’s market. After all, over the past 3 months alone mortgage rates have gone on a bit of a roller coaster ride.
I think variable is still the way to go. Here is why (DISCLAIMER: This is my [...]

Fixed Mortgage Rates Are Up: Your Options Now

If you are tossing and turning every night trying to figure which way mortgage interest rates are moving join the club. My impression is that nobody knows exactly which way rates are moving and what the long term trend is. I certainly wouldn’t rely on the sound bytes that come out of the media on a [...]