Blog by DOINA BIOLAN B.Comm

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Self employed? Tips on getting your mortgage approved

October 15th, 2012
SELF EMPLOYED TIPS ON HOW YOU CAN GET YOUR MORTGAGE APPROVED Today's Mortgage TIPP # 1:Self employed clients that :- cannot prove income though their Notice of Assessments( show very little income compared with the gross income they make)-are incorporated-have been in business for more than 3 yearsYou MUST have:- income taxes paid in full- Financial Statements prepared by a c ...

Mortgage rates

October 8th, 2012
5 year fixed rate is 2.98%4 year fixed rate is 2.90%5 year variable is Prime-.35%Conditions apply**

AWESOME MORTGAGE RATES!

September 26th, 2012
AWESOME MORTGAGE RATES!!!1 year fixed: 2.49%2 year fixed: 2.59%3 year fixed: 2.69%4 year fixed: 2.90%5 year fixed: 2.98%10 year fixed:3.89%Above rates are for high ratio deals only, and closing in 30 days, November 02 or maximum 60 days.Also, they may not apply to rentals or self employed clients.Call for details!5 year variable: Prime-.30% ( high ratio)5 year variable rate: Prime-.20%( ...

CONVENTIONAL MORTGAGE RATES!

September 26th, 2012
Buying,  renewing, refinancing? Conventional mortgage rates: 1 year fixed: 2.49%3 year fixed: 2.79%4 year fixed: 3.04%5 year fixed: 3.09%

Mortgage ruling

September 17th, 2012
Mortgage rules a temporary fix to housing   OTTAWA - TD Bank says tighter mortgage rules should do the job of cooling Canada's hot housing market in the short term, but higher interest rates will be needed to return the market to saner levels. TD Bank says tighter mortgage rules should do the job of cooling Canada's hot housing market in the short term, but higher interest rates will ...

Interest Rates

September 17th, 2012
  The dark side of low interest rates MARTIN MITTELSTAEDT The Globe and Mail Published Wednesday, Sep. 12 2012, 8:22 PM EDT   There is a cost to low interest rates. Just ask savers pondering the merits of the Royal Bank’s so called “high interest” e-savings account, a typical offering in Canada. The rate: 1.2 per cent. For U.S. dollar savings, the return is positively microscopic, o ...
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