My Rates

1 Year 2.29%
2 Years 2.29%
3 Years 2.44%
4 Years 2.44%
5 Years 2.29%
7 Years 3.44%
10 Years 3.84%
*Rates subject to change and OAC
Avi Chaudhury Mortgage Agent

Avi Chaudhury

Mortgage Agent

7676 Woodbine Avenue , Markham, Ontario







Your Search for the perfect mortgage ends here !


Hello & Welcome!


A mortgage is a necessary tool needed to acquire real estate, an asset. Hence it is very important to get the right advice and the right product for one’s needs.


Getting the correct advice can be very tricky and frustrating when it comes to mortgages.


An individual is often baffled by the many choices available in the mortgage industry but seldom gets to make the correct choice due to flashy and false advertising. This is where qualified mortgage professionals needed to point the individual in the right direction.


Now the question remains, why come to an independent Mortgage Agent, when where are the big financial institutions, ready to service our needs?


Simply because big financial institutions have limited options available, and often products cannot be tailored to meet an individual’s needs.


On the other hand, a Mortgage Agent works with different lenders – as a result, the individual is provided the best-suited options, and is asked to choose before committing oneself. Therefore, the risk of making a bad choice is significantly reduced and often avoided.


Whether you are a first-time home buyer, looking for the right advice and guidance or an investor looking for a business opportunity, or simply renewing or refinancing for debt consolidation, a sound advice is imperative.


As a qualified Mortgage Agent, and with my team of lawyers and real estate professionals, I am committed to fulfilling your financial goals and help make lives better through extraordinary service, honesty and integrity.


So please feel free to utilize this website to get any of your mortgage queries answered, and if you do have any further questions, or I can be of help in any way, please do reach out to me at 647-921-6385 or achaudhury@northwoodmortgage.com, I would be happy to assist you.


Thank you for giving me the opportunity to be a part of a defining moment of your life.


BLOG / NEWS Updates

Bank of Canada maintains overnight rate target at 1/2 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Uncertainty about the global outlook is undiminished, particularly with respect to policies in the United States. The Bank has made initial assumptions about prospective tax policies only, resulting in a modest upward revision to its US growth outlook. Overall, the global economy is strengthening largely as expected and prices of some commodities, including oil, have risen. The rapid back-up in global bond yields, partly reflecting market anticipation of US fiscal expansion, has pulled up Canadian yields relative to the OctoberMonetary Policy Report(MPR). Bearing in mind the important assumptions embedded in its forecast, the Bank projects that Canadas real GDP will grow by 2.1 per cent in both 2017 and 2018. This implies a return to full capacity around mid-2018, in line with Octobers projection. In the context of a projection that is largely unchanged, the Banks Governing Council judges that the current stance of monetary policy is still appropriate and maintains the target for the overnight rate at 1/2 per cent. Governing Council will continue to assess the impact of ongoing developments, mindful of the significant uncertainties weighing on the outlook. Source: Bank of Canada

Canadian Housing Starts Trend Declined in December

The trend measure of housing starts in Canada was 198,053 units in December compared to 200,105 in November, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of Canadas housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next. The standalone monthly SAAR for all areas in Canada was 207,041 units in December, up from 187,273 units in November. The SAAR of urban starts increased by 11.8per cent in December to 187,621 units. Multiple urban starts increased by 13.9per cent to 120,750 units in December and single-detached urban starts increased by 8.1per cent, to 66,871 units. In December, the seasonally adjusted annual rate of urban starts increased in Ontario, Quebec and the Prairies, but decreased in British Columbia and in Atlantic Canada.


TD Bank Scotia Bank First National B2B Bank Home Trust
MCAP Merix Industrial Alliance Optimum Canadiana Financial
Equitable Bank ICICI Bank Fisgard Capital  RMG Mortgages Street Capital