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My Rates

6 Months 7.94%
1 Year 6.99%
2 Years 5.54%
3 Years 5.76%
4 Years 5.67%
5 Years 5.09%
7 Years 6.24%
10 Years 6.29%
6 Months Open 9.75%
1 Year Open 8.00%
*Rates subject to change and OAC
AGENT LICENSE ID
M17000316
BROKERAGE LICENSE ID
13445

SUKHWINDER BAHRA

MORTGAGE AGENT


Phone:
Address:
210- 5805 WHITTLE ROAD, BRAMPTON, Ontario

BROWSE

PARTNERS

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Generic Messages for BrokerBase
Thank You Message-Mortgage Plan Messages-PDF Section
I would like to take this opportunity to thank you for selecting me as your trusted mortgage
advisor. It has truly been a pleasure working with you.
The following mortgage plan is a document and service that I provide to all my clients to help
them become more familiar with me, their lender, and their mortgage financing options.
While the mortgage transaction has now been successfully completed, our relationship is just
beginning. As your mortgage advisor my ongoing role is to help you successfully manage your
mortgage debt, as well as your personal finances, in order to minimize your interest costs and
fees-and enjoy mortgage freedom as soon as possible.
I would also like to take this opportunity to encourage you to contact me if you have any
questions regarding your mortgage, or the mortgage needs of a friend or family members.
Thank you again and I look forward to continuing to assist you with your mortgage needs!
Final Words Message-Mortgage Plan Messages-PDF Section
This mortgage plan is a summary of your mortgage.
I encourage you to keep this document in a safe place and review it once a year. If there are
changes in your financial situation at anytime, or if you find that you have new financial goals,
contact me anytime. I would be happy to review your mortgage with you to find new ways of
reaching your financial goals!
Again, thank you for selecting me as your trusted mortgage advisor and I look forward to
continuing to work with you!

As an experienced mortgage professional, it is my job to get you the mortgage you need at the
price that you deserve. I work on your behalf and have access to over 25 different lenders.
Lets work together to get you the right mortgage! Why not take a minute now to complete
my on-line mortgage application to see how much you can qualify for!
In addition to mortgages, I can now offer you Personal Loans, Vehicle Loans or Leases and
Home & Auto Insurance!
And for a list of trusted local professionals and tradespeople, click on the “Browse Partners”
icon!
Call me for today 416-312-1076


BLOG / NEWS Updates

Canadian Home Prices See Sudden End to Declines in Advance of Spring Market

Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a streak of five declines that began last fall, according to the latest data from the Canadian Real Estate Association (CREA). The fact that prices were unchanged from January to February was noteworthy given they had dropped 1.3% from December to January. Considering how stable the seasonally adjusted MLS HPI tends to be, shifts this abrupt are exceedingly rare. There have only been three other times in the last 20 years that have shared a sudden improvement or increase in the month-over-month percentage change from one month to the next of this size; all at various points in the last four years when demand was coming off the sidelines. Its looking like February may end up being the last relatively uneventful month of the year as far as the 2024 housing story goes, said Shaun Cathcart, CREAs Senior Economist. With so much demand having piled up on the sidelines, the story will likely be less about the exact timing of interest rate cuts and more about how many homes come up for sale this year. Home sales activity recorded over Canadian MLS Systems dipped 3.1% between January and February 2024, giving back some of the cumulative 12.7% increase in activity recorded in December 2023 and January 2024. That said, the general trend has been somewhat higher levels of activity over the last three months compared to a quiet fall market in 2023. Source: https://stats.crea.ca/en-CA/

Bank of Canada maintains policy rate, continues quantitative tightening

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Global economic growth slowed in the fourth quarter. US GDP growth also slowed but remained surprisingly robust and broad-based, with solid contributions from consumption and exports. Euro area economic growth was flat at the end of the year after contracting in the third quarter. Inflation in the United States and the euro area continued to ease. Bond yields have increased since January while corporate credit spreads have narrowed. Equity markets have risen sharply. Global oil prices are slightly higher than what was assumed in the January Monetary Policy Report (MPR). In Canada, the economy grew in the fourth quarter by more than expected, although the pace remained weak and below potential. Real GDP expanded by 1% after contracting 0.5% in the third quarter. Consumption was up a modest 1%, and final domestic demand contracted with a large decline in business investment. A strong increase in exports boosted growth. Employment continues to grow more slowly than the population, and there are now some signs that wage pressures may be easing. Overall, the data point to an economy in modest excess supply. Source: https://www.bankofcanada.ca/2024/03/fad-press-release-2024-03-06/

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