ontario: Prime rate down - 12/09/07 06:38 PM
The prime lending rate is down by 0.25%.  It is expected that the fixed rates could come down shortly. Clients currently in variable rate mortgages are in good position.  The high Canadian dollar and the lower bond prices are the major factors in the rate decrease.
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ontario: US Subprime - 09/30/07 01:26 PM
 
See below article by Benjamin Tal (CIBC econominst) regarding the US Sub Prime market
It’s far from over. The news from the US subprime space will get much worse in the coming year, with default rates surging to
unprecedented levels. But what really counts for the market is how much of this bad news is already reflected in current prices. It turns
out that not only did the barrage of negative headlines of recent months raise the level of market immunity to adverse subprime
news, but in fact, even after its recent improvement, the mortgage-backed market is currently pricing in a … (1 comments)

ontario: No down payment....no problem - 08/13/07 05:25 PM
Are you looking to purchase or know someone who would like to buy?  Don't have a down payment? No problem.....you don't need a down payment.  If you have sufficient savings to cover your closing costs which are approximately 1.50% of the purchase price, and you qualify under normal lending criteria, you can purchase.  You can get the discount rates also.  Give me a call or drop  me an email if you want more information.
bjeysman1@cogeco.ca    905-978-7283 
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ontario: Renovations - 07/18/07 08:46 PM
If you are considering home renovations, do your homework and get several quotes.  Ask for references.  Don't assume the lowest quote is the best deal and don't assume the highest quote is going to be the better quality. 
Ask your friends and family for their past experiences good and bad.  Once you have made a decision, give me a call to see if refinancing hour mortgage to do the renovations is a good choice for you.  Call me at 905-978-7283 
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ontario: Transfer your mortgage to take advantage of better rates. - 07/05/07 08:46 AM
The Bank of Canada has indicated a rise in rates coming in July or August and another possible hike before the end of 2007.  Secure a rate today and take advantage of the rates before they go up.  A rate guarantee of 120 days is available.  If the rates go down before your current mortgage expires, you will receive the lower rate.  If the rates do go up as anticipated, you have secured the lower rate.  Many of the Financial Institutions will cover fee's associated with your mortgage transfer ie. appraisal costs.  Please note, this is for Ontario, Canada residents.
 Also, … (0 comments)

 

Beth Jeysman

(Lic M08000227)

Burlington, ON

More about me…

Verico KC Mortgage Services (lic 10410) indep owned and oper

Address: bjeysman1@cogeco.ca, Burlington, on, L7L 2X5

Office: (905) 978-7283

Mobile: (905) 978-7283

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