Danny Bell
Mortgage Broker - M13001996
Tel: 905-426-4200 | Cell: 289-200-9061 | Fax: 905-426-4201
Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance is required when you purchase a home with less than 20% down payment. This insurance protects your lender in case you can't make payments. Benefits:- Allows a mortgage with...
Here's a quick update on what's happening with mortgage rates. Variable Rates: There's been talk that we MIGHT see a 0.25% drop in the Prime Rate as early as April 2024. This will impact variable rate mortgages and lines of credit. Â...
Create a Budget: Tracking income and expenses is a simple and effective way to know where your money is going.Opt for Debit, Not Credit: Using your own funds rather than borrowing through credit allows you to stay on budget.Embrace Staycations: Enjoy...
BANK OF CANADA ANNOUNCEMENT:To the relief of millions of Canadians, the Bank of Canada announced yesterday they're keeping the overnight rate status quo.After 10 increases since March 2022, the overnight rate stays at 5.00% for now. The Bank said...
Do you or someone you know have a mortgage coming up for renewal in the next 6 months? Here are benefits of acting early: We can secure a new rate 4 months before your renewalActing ahead lets you plan options carefully If rates rise, we'll...
Do you or someone you know have a mortgage coming up for renewal in the next 6 months? Here are benefits of acting early: We can secure a new rate 4 months before your renewalActing ahead lets you plan options carefully If rates rise, we'll...