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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

4 May 2012

Lenders are cancelling 35 years amortization on conventional mortgages

We just got confirmation that one of the biggest mortgage lenders will no longer allow 35 years amortization on conventional mortgages, starting May 07. We are still offering up to 40years amortization on conventional mortgages (down payment more than 20%) however this may change very soon…
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3 May 2012

Canadian borrowers prefer fixed mortgage rates

The recent RBC survey suggests that the popularity of fixed-rate mortgages has increased for the first time in 4 years. According to the report results, 42% of prospective homebuyers are going to choose a fixed-rate mortgage...
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2 May 2012

Today’s paradox:  smaller downpayment might bring you better mortgage rate  

Although it sounds strange, today a smaller mortgage down payment may help you get a lower interest rate. The reason is the government subsidy called mortgage default insurance, as it makes it less risky for the banks to provide mortgages for borrowers with only 5% down payment than for those who can afford 20%...
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29 September 2014

7 examples when your home insurance won’t help As you know, last summer many homeowners in Calgary and Torontofaced terrible floods damaging their ho...Read more >>

26 September 2014

How not to lose a chance to get a lower rate Let’s assume you’ve found the best rate and signed an application for a five-year mortgage. Later, right...Read more >>

25 September 2014

Stephen Harper – there are no reasons to worry about Canada’s housing market Prime Minister Stephen Harper dismissed all the worries about a possible...Read more >>
Licence# 10349

7676 Woobine Avenue Suite 300 Markham, ON L3R 2N2
2180 Steeles Avenue West, Suite 204, Concord Ontario L4K 2Z5
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