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AGENT LICENSE ID
11995
BROKERAGE LICENSE ID
11995
Lena Ohanjanians Mortgage Broker

Lena Ohanjanians

Mortgage Broker


Address:
205-1245 Danforth Ave., Toronto, Ontario

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Thank you for visiting my website.  I'm available anytime by e-mail or phone to answer any questions you may have. 

 

I'm dedicated to providing you with all the necessary information you need to make an informed decision regarding the Mortgage that best suits you. As such I work with various Banks and Lenders in order to offer you a wide array of available options and products. Whether you’re Purchasing a home, Refinancing or Renewing your Mortgage, I'm committed to sharing my knowledge and expertise to help you with your Mortgage Financing needs. I look forward to speaking with you soon!


BLOG / NEWS Updates

Canadian home sales and new listings up again in June

Home sales recorded over Canadian MLS Systems in June 2020 rebounded by a further 63%, returning them to normal levels for the month some 150% above where they were in April. Transactions were once again up on a m-o-m basis across the country. Among Canadas largest markets, sales rose 83.8% in the Greater Toronto Area (GTA), 75.1% in Montreal, 60.3% in Greater Vancouver, 99.7% in the Fraser Valley, 54.9% in Calgary, 59% in Edmonton, 22.5% in Winnipeg, 34.8% in Hamilton-Burlington, 67.9% in London and St. Thomas, 55.6% in Ottawa and 43.6% in Quebec City. Actual (not seasonally adjusted) sales activity posted a 15.2% y-o-y gain in June. REALTORS across Canada are increasingly seeing business pick back up, stated Costa Poulopoulos, Chair of CREA. With sellers and buyers returning to the market, we continue to make sure clients stay safe by complying with government and health officials directives and advice, increasingly using technology to list and show properties virtually while providing secure methods to complete required forms and contracts. As always, but maybe now more than ever, REALTORS remain the best source for information and guidance when negotiating the sale or purchase of a home, continued Poulopoulos.

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of percent. The Bank Rate is correspondingly percent and the deposit rate is percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds. The Banks short-term liquidity programs announced since March to improve market functioning are having their intended effect and, with reduced market strains, their use has declined. The provincial and corporate bond purchase programs will continue as announced. The Bank stands ready to adjust its programs if market conditions warrant.

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