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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
26 July 2010

Mortgage Pre-Paying – how to do it right
It often happens that homeowners, breaking their mortgage before maturity, have to make a pre-payment before it’s discharged.The main purpose is to reduce the mortgage balance and pay less of the penalty.
It can be a good idea in case you can afford it. But you still shouldn’t forget that lenders have different conditions concerning their pre-payment terms.

 
23 July 2010

New Mortgage Statistics
New mortgage survey was released recently.
Among the most interesting mortgage facts are the following:
•    22% of recent and potential home buyers said they got pre-approved in the last year.
The number seems too low, because pre-approvals are absolutely free - they protect you from rising rates and sometimes even establish qualification in advance of a home purchase.

 
22 July 2010

The BoC report – the economy is slowing
Canada’s economy is slowing even faster than it was expected earlier, the Bank of Canada said in its today’s outlook.
Nevertheless, the bank said it will not change its mind concerning higher interest rates, though  the Bank of Canada’s benchmark rate is still historically low - 0.25%.

 
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News

25 May 2017

Home Capital’s troubles are not widespread Recently, the CEOs of two largest Canadian banks noted that Home Capital’s liquidity problems shouldn’t b...Read more >>

24 May 2017

Bank of Canada doesn’t change its interest rate once again On Wednesday, the central bank decided to keep its key lending rate unchanged again, makin...Read more >>

23 May 2017

A 10% hike of mortgage payments would be a problem for most Canadian borrowers According to a new poll by Manulife Bank, almost three quarters of Can...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