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My Rates

3 Years 2.19%
5 Years 2.19%
*Rates subject to change and OAC
AGENT LICENSE ID
M10001481
BROKERAGE LICENSE ID
12060
Richard Hasfal Mortgage Agent

Richard Hasfal

Mortgage Agent


Phone:
Address:
95 Queen St. S. Unit B, Mississauga, Ontario

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Welcome and thank you for visiting my site!  For most people, your home is your biggest financial investment. And most people don't realize you have options on how you can finance your investment.  Your ideal mortgage is out there, whether you are:

 - buying a home, vacation home or investment property;

 - refinancing your current home to pay down debt or increase cash flow; or

 - renewing your current mortgage.

 

With access to over 59 lenders, including the major banks, credit unions, trusts and private lenders, I can  show you ALL your options and find you the best rates and terms that suit your financial profile and needs.

 

If you're ready to get started, please fill out the online application.  If you have any questions, please contact me.

 

I look forward to helping you manage your greatest investment and achieve your financial goals.

 

Best regards,

Richard


BLOG / NEWS Updates

National Bank of Canada Weekly Economic Watch

Housing starts rose from 166.5K in April to 193.5K in May (seasonally adjusted and annualized). Urban starts improved 22K to 181.1K on increases in both the multi-unit (+14.9K to 135.9K) and the single-detached (+7.1K to 45.3K) segments. At the provincial level, urban starts shot up in Quebec from 0K in April to 56.3K as social distancing measures were eased but plunged 37.1K to 56.5K in Ontario. June results should provide a clearer snapshot of the post-lockdown residential construction industry in Canada. Projects delayed on account of the Covid-19 pandemic might sustain starts at a relatively high level for a short while but the longer-term horizon looks less promising in light of much higher joblessness and reduced immigration. Moreover, tougher CMHC standards for mortgage insurance will likely exclude some potential buyers by shrinking their purchasing power. We estimate that the new rules governing maximum gross debt service will reduce by about 11% the amount that the median Canadian household will be allowed to borrow. Source: NBA Economics and Strategy

Virtual Tours and Live Streams a Hit on REALTOR.ca

While staying home to help stop the spread of COVID-19, Canadians are spending more time looking at properties on REALTOR.ca, Canadas No. 1 real estate platform*. During the week of March 9, visits to REALTOR.ca dropped by 30%; however, since April 12 traffic has crept back up by 14% and consumer inquiries to REALTORS through the site rose by 25%similar to levels during the same period last year. Despite the pandemic, REALTOR.ca has seen a 14% increase of visitors during the first quarter of 2020. As COVID-19 is limiting how buyers can visit homes that interest them, REALTOR.ca makes it possible for Canadian REALTORS to virtually showcase listings by integrating video and 3D tours from 10 of the most popular services. Since April 7, REALTORS can also schedule and promote live stream open houses using popular platforms such as Facebook Live, Instagram Live, Zoom and YouTube. If theres one thing 30-plus years in this business has taught me, its that as an industry we are early adopters of technology, said Costa Poulopoulos, Chair of the Canadian Real Estate Association. With restrictions on how we can continue to serve our clients, Im proud that weve been able to add features for REALTORS that allow them to continue to show homes to interested buyers.

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