It PAYS to shop around.
Many Canadian homeowners pay too much for their homes because they are not getting the best mortgage financing available in the market.
The mortgage process can be intimidating for homeowners, and some financial institutions don't make the process any easier.
But I’m here to help!
I’m a VERICO Mortgage Advisor and I’m an independent, unbiased, expert, here to help you move into a home you love.
I have access to mortgage products from over forty lenders at my fingertips and I work with you to determine the best product that will fit your immediate financial needs and future goals.
VERICO mortgage specialists are Canada’s Trusted Experts who will be with you through the life of your mortgage.
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’m the VERICO Mortgage Advisor who can help you get the right financing, from the right lender, at the right rate.
Home sales drop in April as mortgage rates shoot higher
Home sales recorded over Canadian MLS Systems dropped by 12.6% between March and April 2022. The decline placed monthly activity at the lowest level since the summer of 2020.
While the national decline was led by the Greater Toronto Area (GTA) simply because of its size, sales were down in 80% of local markets, with most other large markets posting double-digit month-over-month declines in April. The exceptions were Victoria, Montreal and Halifax-Dartmouth where sales edged up slightly.
The actual (not seasonally adjusted) number of transactions in April 2022 came in 25.7% below the record for that month set last year. That said, as has been the case since last summer, it was still the third-highest April sales figure ever behind 2021 and 2016.
Following a record-breaking couple of years, housing markets in many parts of Canada have cooled off pretty sharply over the last two months, in line with a jump in interest rates and buyer fatigue, said Jill Oudil, Chair of CREA. For buyers, this slowdown could mean more time to consider options in the market. For sellers, it could necessitate a return to more traditional marketing strategies. Of course, there are significant regional differences, so your best bet is to contact your local REALTOR. They have the information, guidance negotiation skills to help you navigate this rapidly-changing market as it evolves, continued Oudil.
Why Pick a Mortgage Broker
Most clients, when thinking of purchasing or refinancing are automatically drawn to their bank that they have been dealing with for years. This could actually end up costing more money! When you head to your bank, you will only be offered the rates available at that bank. Even if you have been with your bank for over 20 years, they only have so much to offer.
With a Mortgage Broker, you can actually have a chance to shop around and look at different lenders and find the best rate for your needs! Without paying a penny!
Mortgage Brokers make the application process smooth, more one on one personal experience, and we have access to more lenders. I currently have access to over 40 lenders, and thats a huge pool of options to pick from.
This is why Mortgage Brokers are more commonly choosen to work on your files, than going direct to the bank. Dont hestiate, and lets get chatting!
Why Pick a Mortgage Broker
Most clients, when thinking of purchasing or refinancing are automatically drawn to their bank that they have been dealing with for years. This could actually end up costing more money! When you head to your bank, you will only be offered the rates available at that bank. Even if you have been with your bank for over 20 years, they only have so much to offer.
With a Mortgage Broker, you can actually have a chance to shop around and look at different lenders and find the best rate for your needs! Without paying a penny!
Mortgage Brokers make the application process smooth, more one on one personal experience, and we have access to more lenders. I currently have access to over 40 lenders, and thats a huge pool of options to pick from.
This is why Mortgage Brokers are more commonly choosen to work on your files, than going direct to the bank. Dont hestiate, and lets get chatting!
