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My Rates

6 Months 4.75%
1 Year 2.24%
2 Years 2.24%
3 Years 1.79%
4 Years 2.24%
5 Years 1.89%
7 Years 2.34%
10 Years 2.99%
*Rates subject to change and OAC
AGENT LICENSE ID
M08007035
BROKERAGE LICENSE ID
11947
Carla Gervais Director Of Sales and Operations

Carla Gervais

Director Of Sales and Operations


Address:
2725 Queensview Dr. Suite 500, Ottawa, Ontario

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MORTGAGE ADVICE YOU CAN COUNT ON

 

Do you have a mortgage up for renewal or do you want to better understand your current mortgage options? Don’t just sign that bank letter, call me to discuss your options, create a plan to pay down faster or ways to take advantage of today’s low rates.

 

Considering a new home purchase? Whether you are upsizing, downsizing, looking at rental investment properties or considering a second home, let me help you through the qualification process and get you the best deal for your situation.

 

Want to access equity in your home? Consolidate Debts, access cash for investments or renovations, a new car or vacation, help your child with education costs, call me to see what is available for your unique situation.

 

MY PROMISE TO YOU

 

Choice & Advise: I can provide a wide range of products from various lenders and guide you through the different options to help you choose what mortgage terms and options are right for your specific needs.

 

Service: My service to you is free. I will help you through the entire mortgage process ensuring you understand every aspect and have a positive experience.

Savings: I can provide you with the best terms, options and rates that could save you thousands in interest costs over the term of your mortgage. 


BLOG / NEWS Updates

PROMISES, PROMISES AND MORE PROMISES

Canadas Parliament re-convened today with a ceremonial Speech from the Throne delivered by the Governor General. Canadas continued response to the COVID-19 pandemic took centre-stage, while providing a lens for a plethora of broader promises: an extension of the wage subsidy, expanded employment insurance, investments in childcare, reaffirmed commitments to universal pharmacare, and green infrastructure investments among many others. Given the exhaustive list of priorities, this Speech is unlikely to bring the minority government down as it provides plenty of hooks for negotiations in the lead-up to a Fall update where details will be laid out. It clearly signals more fiscal spending ahead for Canada leaving the question not if but how much. But this was largely channeled ahead, so the market reaction has been mutedor more likely, it is eclipsed by broader US and global developments. There is little beyond lip service by way of fiscal restraint. This will be left to the Finance Minister to make inevitable trade-offs in her first budget this Fall, particularly as she may need to reserve some firepower for second waves. Source: Scotiabank https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.fiscal-policy.fiscal-pulse.federal.federal-budget-analysis.federal-throne-speech--september-23--2020-.html

Home affordability improved in Q2 2020

Housing affordability in Canadas large urban centres improved in the second quarter of 2020 after having deteriorated in the two prior quarters. Higher incomes helped in Q2 but the largest portion of the improvement came in the form of lower interest rates. Indeed, the latter declined 19 basis points in the quarter, reflecting the easing from the central bank. Combined, income and mortgage rates were more than enough to offset the increase in home prices. Still, the decline in interest rates on a quarterly average basis does not completely reflect the change in 5-year mortgage rates since the beginning of the COVID-19 pandemic. The February to June decline in mortgage interest rates was a much more significant 41 basis points. Looking ahead, the preliminary data for rates shows additional improvements in the third quarter of the year (cumulatively they are down over 70 bps). While we expect this to help affordability, home prices should remain resilient based on the latest resale market data showing record sales volumes. Homebuyers have rushed back to the market after having delayed purchases and are now being offered record-low interest rates. Once pent-up demand is exhausted, the Canadian housing market will still have to face high levels of unemployment and reduced household formation due to lower immigration.

MY LENDERS

TD Bank Scotia Bank Attain Mortgage First National MCAP B2B Bank
Home Trust Merix Equitable Bank Street Capital CMLS Fisgard Capital
ICICI Bank Optimum  RMG Mortgages Bridgewater Marathon Mortgages