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My Rates

6 Months 6.09%
1 Year 4.99%
2 Years 4.39%
3 Years 4.29%
4 Years 4.39%
5 Years 4.29%
7 Years 4.84%
10 Years 5.19%
6 Months Open 9.75%
1 Year Open 9.75%
*Rates subject to change and OAC
AGENT LICENSE ID
M20000622
BROKERAGE LICENSE ID
13043
Dave Benham  Borrowwithbenham.ca Mortgage Agent

Dave Benham Borrowwithbenham.ca

Mortgage Agent


Phone:
Address:
108-50 Richmond St. , Oshawa , Ontario, L1G7C7

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Welcome to BorrowwithBenham.ca

we specialize in. Mortgage purchases, Mortgage Refinancing, Home Equity Loans, and Mortgage Renewals. 
 

Having been apart of the finanicial industry for some time, this has allowed me to help, and direct my customers to a healthy future and a piece of mind when going through the mortgage process. I'm here to help And make those dreams reality. 
 

My Passion.. Your Future. 
 

Dave Benham. 


BLOG / NEWS Updates

February home sales rise as buyers scoop up first of the 2022 spring listings

Statistics released by the Canadian Real Estate Association (CREA) show national home sales were up in February 2022 as buyers jumped on the first batch of spring listings. Home sales recorded over Canadian MLS Systems climbed 4.6% between January and February 2022. The monthly increase in activity was likely the result of a rebound in new listings in February following big a decline in January. As such, stronger activity may persist as late-February new listings continue to sell in March. Sales were up in about 60% of local markets in February, led by some big jumps in Calgary and Edmonton, as well as a gain ahead of the national increase in the GTA. The actual (not seasonally adjusted) number of transactions in February 2022 came in 8.2% below the monthly record set in 2021. That said, as was the case in January and throughout the second half of 2021, it was still the second-highest level on record for that month.

The continued reconfiguration of global supply chains

Because of China-U.S. trade tensions and the pandemic, many corporations and governments had already made long-term plans to diversify supply chains and re-shore production in key sectors in order to break their reliance on geopolitical rivals for key goods. Russias invasion of Ukraine will accelerate this trend. One example of how recent sanctions will further rejig supply chains are U.S. restrictions on Russias ability to purchase such things as microchips, advanced machinery, and airplane parts. These measures apply not just to goods made in America, but also to those made in other countries with American technology.While China will no doubt step in to replace America in some of these areas, it cannot yet produce latest-generation semiconductors or provide spare parts for Western-made aircraft. It is important to note, also, that it will take Western countries many years to find or develop alternative sources for many of Russias commodity exports, particularly in the mineral sector. The International Energy Agency estimated that it takes more than 16 years on average to move mining projects from the discovery to the production phase.Europe has been an especially large consumer of Russian commodities, including copper, nickel, palladium, and titanium. Source: https://www.nbc.ca/content/dam/bnc/en/rates-and-analysis/economic-analysis/geopolitical-briefing-220315.pdf

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