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My Rates

Term
6 Months 3.10%
1 Year 2.29%
2 Years 2.14%
3 Years 2.24%
4 Years 2.39%
5 Years 2.44%
7 Years 2.99%
10 Years 3.59%
6 Months Open 3.10%
*Rates subject to change and OAC
AGENT LICENSE ID
M08000716
BROKERAGE LICENSE ID
10246
Jeff Attwooll

Jeff Attwooll

Mortgage Broker

Phone:
Address:
1400 Bishop Street N. Suite 200, Cambridge, Ontario

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Your Cambridge Mortgage Broker. 

 

Mortgage Rates can be complicated these days.  There are better rates allotted to quicker closes and can change depending on down payments, penalty stipulations etc.  My website rates only scratch the surface for more information on better rates and conditions attached to them contact me directly. 

 

I save you money by sourcing the best products at the best rates – not only on your first mortgage but through every subsequent renewal.  So whether you're buying a home, renewing your mortgage, refinancing, renovating, investing, or consolidating your debts — I help you get the right financing, from the right lender, at the right rate.

 

As a life-long Cambridge resident, I have chosen this city as my headquarters. I operate from Bishop Street North, and practice throughout the Waterloo Region and far beyond. I am proud to say I have been in the top 50 ranking in Canada for individual mortgage agent production for the last 5 years.   I have earned this continual award by solely serving my client's best interests with as prompt service as possible.  I have earned many customers throughout Canada and I can help you in any Canadian city.

 

Serving Cambridge and surrounding area.  Mortgages anywhere in Canada.

 

 

 

MANAGE YOUR MONEY,

NOT JUST YOUR MORTGAGE.

 

Mortgage brokers operate independently from mortgage lenders.  In doing so, we are free from the limitations which you are subject to when you go to one institution.  What that means to you is “we shop for the best rates and terms on your behalf, through our huge network of lenders.”  Whether you are employed or self- employed, we find you the best product to suit your needs and circumstances.

 

Hire me as your life-long mortgage resource, for FREE.

 

 


MY VALUED CLIENT PROGRAM.  Find up-to-date details on the connected businesses of my Valued Client Program here


 

 


BLOG / NEWS Updates

Bank of Canada rate announcement

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. Global growth in the first half of 2016 was slower than the Bank had projected in its JulyMonetary Policy Report(MPR), although the Bank continues to expect it to strengthen gradually in the second half of this year. The US economy was weaker than expected in the second quarter, notably reflecting a contraction in business and residential investment. While a healthy labour market and solid consumption should remain supportive of growth in the rest of the year, the outlook for business investment has become less certain. While Canadas economy shrank in the second quarter, the Bank still projects a substantial rebound in the second half of this year. Second-quarter GDP was pulled down by the Alberta wildfires in May and by a drop in exports that was larger and more broad-based than expected. Exports disappointed even after accounting for weaker business and residential investment in the United States, adjustments in the resource sector, and cutbacks in auto production. The economy is expected to rebound in the third quarter as oil production recovers, rebuilding commences in Alberta, and consumer spending gets an additional lift from Canada Child Benefit payments. As federal infrastructure spending starts to have more impact, growth in the fourth quarter is projected to remain above potential. Inflation is roughly in line with the Banks expectations. Total CPI inflation is below the 2 per cent target, mainly because of the temporary effects of lower consumer energy prices. Measures of core inflation remain around 2 per cent, reflecting offsetting effects of excess capacity and past exchange rate depreciation. On balance, risks to the profile for inflation have tilted somewhat to the downside since July. At the same time, while there are preliminary signs of a possible moderation in the Vancouver housing market, financial vulnerabilities associated with household imbalances remain elevated and continue to rise.

CREA releases latest sales figures: home sales decline while prices rise

According to statistics released this week by The Canadian Real Estate Association (CREA), national home sales declined for a third consecutive month in July 2016. Highlights: National home sales fell 1.3% from June to July. Actual (not seasonally adjusted) activity came in 2.9% below July 2015. The number of newly listed homes rose 1.2% from June to July. The MLSHome Price Index (HPI) rose 14.3% year-over-year in July. The national average sale price climbed 9.9% in July from one year ago; net of the Greater Toronto Area (GTA) and Greater Vancouver, it advanced 7% year-over-year. While national home sales fell 1.3% month-over-month in July, the average price jumped 14.3% year-over-year last month. Newly listed homes, meanwhile, increased 1.2% month-over-month. Sales activity was down from the previous month in slightly more than half of all markets in July, led by Greater Vancouver and the Fraser Valley. Transactions in these two markets peaked in February of this year, and have since then dropped by 21.5 and 28.8 percent respectively. Accordingly, much of the national sales decline in recent months reflects slowing activity in B.C.s Lower Mainland. National sales and price trends continue to be heavily influenced by a handful of places in Ontario and British Columbia and mask significant variations in local housing market trends and conditions across Canada, said CREA President Cliff Iverson. Home sales continued to trend lower while price gains further accelerated in the Lower Mainland of British Columbia, said Gregory Klump, CREAs Chief Economist. This suggests that sales are being reined in by a lack of inventory and a further deterioration in affordability. The new 15 per cent property transfer tax on Metro Vancouver home purchases by foreign buyers took effect on August 2nd, so it will take some time before the effect of the new tax on sales and prices can be observed. That said, the new tax will do little in the short term to increase the supply of homes. With sales down and new listings up, the national sales-to-new listings ratio eased to 61.6 percent in July 2016 its second monthly decline following its peak of 65.3 percent in May. A sales-to-new listings ratio between 40 and 60 percent is generally consistent with balanced housing market conditions, with readings below and above this range indicating buyers and sellers markets respectively. The national average price continues to be pulled upward by sales activity in Greater Vancouver and Greater Toronto, which remain two of Canadas tightest, most active and expensive housing markets. The actual (not seasonally adjusted) national average price for homes sold in July 2016 was $480,743, up 9.9 percent y-o-y. If these two housing markets are excluded from calculations, the average price is a more modest $365,033 and the gain is trimmed to 7.0 percent y-o-y.

MY LENDERS

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