Posts tagged ‘Mortgage Broker’

Merix Financial

Most mortgage borrowers don’t realize that their mortgage lender options are much broader than the Big 5 Banks.  There is an entire market of lenders who are, in many cases, more competitive than the banks when it comes to mortgage interest rates, have a wider selection of products and have excellent costumer service. One of […]

Monday Mortgage Minute – Dec 14th 2009

Very few changes this week to mortgage interest rates in Toronto. 1 year fixed – 2.60% 3 year fixed – 3.40% 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 […]

Minto Skyy Condominium

What is a Private Mortgage? Ask a S.O.B

This week’s question is in regards to the various post we have online regarding Private Mortgages in Toronto. What is a private mortgage? Private mortgages are a special and very interesting type of mortgage option that most people are not too familiar with. The most basic definition of a private mortgage is a mortgage contract […]

Merix Fiancial 50/50 Mortgage – The Best of Both Worlds

Not sure whether you want to take the full risk of selecting a variable rate mortgage in Toronto with an imminent rise in the prime rate on the horrizon over the next 24 months? Why not consider an innovative product offered by Canadian mortgage lender Merix Financial. The 50/50 mortgage. The Merix 50/50 Wise Mortgage […]

Monday Mortgage Minute – Dec 7th 2009

Mortgage interest rates in Toronto have stayed fairly steady over the past week despite the increase to bond yields last Friday. Tomorrow the Bank of Canada will decide on whether to increase the prime rate. There is unanimous consent among economists that the prime rate will remain unchanged however it will be interesting to see […]

How Does A Mortgage Broker Get Paid?

Week number 2 of “Ask a S.O.B”. This question didn’t come from a reader but is probably the question I most commonly get asked during the first conversation with a client. “How Does A Mortgage Broker Get Paid?” I think sometimes people are a little embarrassed or they feel it’s taboo to ask this perfectly […]

Rivercity Condos Site

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.

Fixed 5 year drop – 3.89%

Shortly after recording my Monday Market Minute… I received an e-mail from Merix Financial offering an exclusive group of Toronto mortgage brokers a deeply discounted fixed 5 year rate. 5 year fixed rate mortgage 3.89%! Call or e-mail me today so I can get you this excellent rate. Christopher Molder – Son Of A Broker