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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: info@mortgagelegko.com





News
31 August 2012

Canadian economy is performing better than most others


Recently the Finance Minister Jim Flaherty pointed at the dangerof falling euro that affects and holds back Canada’s successfully recovering economy. “The main problem here is the situation with euro,” - Flaherty said in his recent speech in Toronto…
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30 August 2012

CMHC is very close to the limit


The largest Canadian mortgage default insurer - CMHC – is getting closer to its $600 billion limit, implemented earlier by the government. It has only $24 billion left. The recent CMHC’s report shows that on June 30, 2012 it had $576 billion of insurance-in-force. It’s 1% higher than in the previous quarter and even 2% higher than a year ago…
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29 August 2012

Mortgage 101Mortgage default insurance


Mortgage default insurance (in other words, mortgage loan insurance) serves to protect the mortgage lender if you’re not able to pay off your mortgage. So it doesn’t have anything with protecting you.
You have to pay for the mortgage default insurance in case your down payment is less than 20% of the total house price. This type of a mortgage loan is called a high-ratio mortgage…
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News

4 March 2015

Bank of Canada stays neutral, home prices in Toronto hit $1 million On Wednesday, the Bank of Canada kept its key lending rate unchanged at 0.75%. I...Read more >>

4 March 2015

BREAKING!  Bank of Canada maintains overnight rate at 3/4%. Wait and see position for now. Prime to stay 2.85%. Next meeting on April 15.Read more >>

3 March 2015

Equifax – Canada’s consumer debt level with mortgages included reaches $1.53 trillion Canadian consumers keep piling on debts even in spite of the g...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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