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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

30 January 2013

How much do we spend on shelter, food and transportation?

According to Statistics Canada, an average Canadian consumer spent $55,151 on different goods and services in 2011 – it’s 2.7% higher than in 2010. It’s interesting that this increase was just a bit lower than the inflation rate of 2.9% (based on the consumer price index)...

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29 January 2013

TD under fire again for its collateral mortgage charge

The latest CBC’s report caused another wave of resentment in the media about collateral charge mortgages. Please, watch it, since the mortgage market is shrinkingand we expect banks to charge even more fees to catch up with their bottom line. TD Canada Trust, offering only collateral charge mortgages,turned out to be in the focus of CBC’s attention. Recently an undercover reporter came into one of the TD branches with a hidden camera...

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28 January 2013

Equifax: Canadian borrowers forced to use high-interest loans as new mortgage rules came into force

Recently Equifax published its new report showing a sharp increase in consumer loans, which may be a sign of new mortgage rules forcing borrowers intohigher-interest borrowing. According to the report, Canada showed a 3.2% increase in non-mortgage loans in the fourth quarter of 2012 compared to the year-ago numbers. It’s well above 2% rise shown during July-September period (also with a year-over-year comparison)…

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7 July 2015

June 2015 - Toronto home prices reach a record high level Last month, home sales in Toronto reached a record high level with an average real estate p...Read more >>

6 July 2015

Central bank’s new report – Canadian regions show different business confidence levels The latest data from the Bank of Canada shows there’s a signif...Read more >>

3 July 2015

Vancouver housing market shows record activity It looks like Vancouver housing market doesn’t react to economists’ warnings about a potential recessi...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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