Posts tagged ‘Christopher Molder’
Lake Ontario 300
Tweet If you’ve followed my blog or know me personally then it is no secret that I love two things: sailing and adventure. This past weekend I participated in one of the most challenging experiences of my life, the Lake Ontario 300 race. The race was started about 20 years ago and is a 300 [...]
The Mortgage Radar: The Tax On Stupidity, A New Credit Crisis
Tweet In 1996 British political scientist David Runciman wrote an essay entitled The Plot To Make Us Stupid; David Runciman on the National Lottery. As part of his thesis Runciman argues that the lottery which was first described as a tax on stupidity given that the odds of winning are 14 million to one (Lotto [...]
The Old Man, The Boy & The Donkey
Tweet An old man and a young boy were traveling through a village with their donkey. The boy rode on the donkey and the old man walked. As they went along they passed some people who remarked it was a shame that the old man was walking and the boy was riding. The man and [...]
Monday Mortgage Review Sept 27th 2010
Tweet Officially these are the lowest fixed rate mortgages my father ever remembers being able to offer over the course of his 34 year long career. They may be lowest I’ll ever be able to offer as well. Here are the current Toronto Mortgage Interest Rates available this week: 2.70% – 1 Year Fixed 2.90% [...]
Monday Interest Rate Review August 23rd 2010
Tweet Mortgage interest rates continue to stay low as weak numbers indicate that we are still far from full economic recovery. Rates are always changing and it’s hard for a borrower to explore and shop the entire market to ensure that they are getting the right product and best rate. Mortgage brokers are people who [...]
What is a Conventional Mortgage?
Tweet As a Toronto mortgage broker it’s important for me to remember that there is mortgage jargon and terminology that my audience may not be familiar with. When I work with clients I try and make the experience as educational as possible and I always make an effort to step back and explain mortgage terms [...]
Monday Mortgage Minute – Interest Rates July 5th 2010
Tweet All signs are pointing to lower fixed rate mortgages again for the 3rd time this year. Bond yields are low and as a result we are seeing fixed rate mortgage prices dropping just a little bit further this week. The Bank of Canada has also dropped its benchmark qualifying rate for high ratio mortgages [...]
Monday Mortgage Minute- Toronto June 21st
Tweet It looks like the fixed mortgage rate market has stabilized after the bank of Canada’s decision to increase the prime rate earlier this month. While rates aren’t as low as earlier this year, mortgage interest rates still remain low historically speaking. With signs that the housing market is cooling and interest rates are staying [...]
Monday Mortgage Minute June 7th 2010
Tweet Following the Bank of Canada’s interest rate announcement last Tuesday we weren’t too sure in which direction the fixed rate market would move. Mortgage lenders responded by lowering their fixed rate mortgage rates. They also increased the spread on the 5 year variable rate mortgage from P-0.50 to P-.60 giving an effective rate of [...]
