Son Of A Broker » chris

Monday Mortgage Minute – May 31st

chris — Tue, 01 Jun 2010 00:56:57 +0000

Toronto mortgage interest rates haven’t changed over the past 7 days. However tomorrow morning after the Bank of Canada makes their decision regarding the prime rate we could see some interesting movement in the fixed rate mortgage market. Stay tuned for more.

Chris Molder – Son Of A Broker

2.85% – 1 Year Fixed

3.85% – 3 Year Fixed

4.35% – 5 Year Fixed

3.10% – Merix 50/50 Mortgage (Fixed/Variable hybrid)

P-.50 3 Year Variable

P-.50 5 Year Variable

NOTE: Rates are subject to change without warning at the lender’s discretion.

Click here to view the embedded video.

Monday Mortgage Minute January 4th 2010

chris — Tue, 05 Jan 2010 04:01:31 +0000

Toronto Mortgage interest rates for the week of January 4th 2010. Happy New Year! As of today lenders have given us a fair warning that fixed interest rates will be rising this week. Already we have seen one lender jump their fixed 5 year from 3.99% to 4.44%. In order to secure your low fixed rate call me or e-mail right away!

1 year fixed – 2.65%

3 year fixed – 3.29% (must close before March 31st 2010)

5 year fixed – 3.99%

3 year variable – Prime-.10% (2.15% effective rate)

5 year variable – Prime-.20% (2.05% effective rate)

RATE SPECIALS

5 year fixed – 3.89%

3 year variable Prime-.25% (2.00% effective rate closing in 30 days, purchases & refinance only)

Click here to view the embedded video.

NOTE: Rates are subject to change without warning at the lender’s discretion.

Monday Mortgage Minute – Dec 21st, 2009

chris — Mon, 21 Dec 2009 16:59:24 +0000

Toronto Mortgage interest rates for the week of December 21st. Interesting to note that during a week that is traditionally calm in the markets there was another rise to the 5 year bond yield. I’ll keep an eye on further developments during the week to see how fixed rates will be effected.

1 year fixed – 2.60%

3 year fixed – 3.29% (must close before March 31st 2010)

5 year fixed – 3.99%

3 year variable – Prime-.10% (2.15% effective rate)

5 year variable – Prime-.10% (2.15% effective rate)

RATE SPECIALS

5 year fixed – 3.89%

3 year variable Prime-.25% (2.00% effective rate closing in 30 days, purchases & refinance only)

Click here to view the embedded video.

To get in touch with me send me an e-mail or call 416.461.0204 ext 2.

Christopher Molder – Son of A Broker

Licensed by the Financial Services Commission of Ontario under Lic#M08010066

Adding Art to Your Toronto Condo

chris — Fri, 18 Dec 2009 21:59:46 +0000

Having purchased a Toronto condo, all of sudden I have become keenly aware of interior design, textiles, furniture and all the elements that enhance your living space. It can be an intimidating world for a simple guy whose interior design experience includes hanging posters of various sports heros, fast cars and swimsuit models during my teens.

Recently I’ve been consumed with finding the right art to fill the voids of white wall scattered around the unit. Lets face it, in a condo just big enough to stay sane, hanging a piece of art on the wall is a daunting task. It won’t just blend in easily. Somehow I don’t think my Sports Illustrated posters will do the trick… luckily I found these tips to be helpful. Lets call them the 10 Commandments of Selecting Art For Your Condo:

#1- Pick art that you actually like! -Sounds like a no brainer but important none the less… just because it sold at Ikea and everybody likes it doesn’t mean you have to.

#2- Grace & Style- I can’t say that I’ve ever seen a condo decorated with antique furniture [send me pictures if you have one] so your grandpa’s “Hunting Scene” hand me down may not be the wisest choice, intrinsic value aside. Go with something that fits into your urban surrounding or theme of your decor and furniture.

#3- Location, Location, Location For your bedroom you would want to select a piece that is more calming or “seductive” in nature, where as your living or dinning area is a great place to get wild and explore with stronger colour’s and themes.

#4- Pick Art That Suits The Room- If you simply buy a piece of art that you love and bring it to your condo and then discover that it doesn’t work, you may be very disappointed. Where as in a home you have options of moving your furniture around or putting it in different rooms to “make” the art work, in a condo you don’t have those options.

#5- The Right Light- Light is key to displaying art. If your art doesn’t have that exhibit brilliance you were looking for consider buying some direct lighting or a picture light to bring it to life. Art loves direct sunlight but take measures to protect your art from too much sunlight as posters, pencil, watercolour and pastels will fade. Arcrylic is okay.

#6- Death by Hanging- There is nothing worse than a poorly hung piece of art. As simple as it may be there is a right way to hang art. The general rule of thumb is paintings should be hung so that the center of the painting is at eye level. If you are into abstract art it may be difficult to find the intended orientation. [hint find the signature bottom right]

#7- The Right “Frame” of Mind- It isn’t essential to have a frame around your art. Framless art is very diverse in that if you move or paint or redecorate you don’t need to be too concerned about whether the frame will still fit in. If you do select a frame, tie it in to the location where the artwork is to be hung, as well as in to the artwork itself. The frame should be a continuation of the picture rather than a contrast.

#8- Colours- When selecting a painting to match color, select one or two of the boldest colors in your room and look for art that has those colours in it. You’re not looking for an exact match here. Picking up one or two of the same colors will send a message that the painting belongs in this environment.

#9- Show Off Your Art – When you walk into a gallery or museum, what do they all have in common? White walls and lots of light. If a wall is wall-papered or painted a color other than white, it limits the choices for hanging art that will look good on it. If a room is dark, the art will not show to its best advantage.

#10- Cost – Beauty is in the eye of the beholder, as the old adage goes… so don’t worry about splurging on expensive art (unless you love it!). If it fits, you like it, and it is appropriate then all the power to you, even if you bought it from a dollar store in China Town.

Feel free to share your “Art Tips” below, I need them!

Christopher Molder – Son Of A Broker

Rivercity Condos Site

chris — Wed, 02 Dec 2009 16:34:00 +0000

Last week I posted some info about the River City Condo Development. As a mortgage broker on the Danforth, Rivercity is literally 5 minutes away from my office and I look forward to seeing this development spring up in that under used city space. Watch Toronto Condo realtor Mark Savel’s site video below.

5 Things You Should Know About Your Mortgage – Episode #11

chris — Tue, 10 Nov 2009 19:08:40 +0000

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Line of Credit vs. Mortgage – Episode #10

chris — Tue, 10 Nov 2009 19:06:22 +0000

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Fixed vs. Variable Rate Mortgages – Episode #9

chris — Tue, 10 Nov 2009 19:02:54 +0000

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Character – The 5 Cs of Credit- Episode #7

chris — Tue, 10 Nov 2009 18:59:19 +0000

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Barcelona Chair

chris — Mon, 09 Nov 2009 01:48:17 +0000

My reticular activator for condo furniture has been working overtime because I am currently decorating my condo in Toronto. I was recently introduced to The Barcelona Chair, a chair that was designed over 80 years ago! But get those thoughts of your grandmas floral upholstered sofa out of your head, this chair is considered to be the quintessential piece of 20th century furniture. It was designed in 1929 for the Barcelona International Exposition by German architect Ludwig Mies van der Roh. Its clean lines and simple structure have made it popular for over 80 years and it doesn’t look like it will go out of style any time soon! It just goes to show how some fashions come and go, but good design is immortal!

Here are a couple of sites that I found for additional info if a Barcelona chair is your fancy.

Eternity Modern

Design Within Reach

Barcelona Chair – History

Money is a current, a carrier, and a conduit for our intentions. Let me help you align your mortgage needs with your intentions. Christopher Molder – Son of a Broker