Harry Murba

07/17/2017

http://www.bankofcanada.ca/wp-content/uploads/2017/07/fad-press-release-2017-07-12.pdf

12/08/2016

Despite a topsy-turvy mortgage landscape that has seen rates go up unexpectedly, don't expect your monthly payments to skyrocket any time soon, economists say.

"I think that mortgage rates will remain relatively stable," CIBC deputy chief economist Benamin Tal told CBC News. "I just don't see anything that will send them up."

Mortgage rates have been creeping up over the last few months— a fact that may have many homeowners scratching their heads.

Usually a turbulent economy, like the one Canada is currently facing, with oil below $30 US a barrel and the loonie lower than 70 cents US, would be accompanied by a drop in mortgage costs, especially fixed rates. That's because fixed mortgages are tied directly to government bond yields, which are at an all-time low as risk-wary investors steer clear of the stock market.

CIBC increased its three-year fixed rate by 10 basis points to 2.59 per cent. RBC upped its special offer on a five-year fixed mortgage by one-tenth of a point to 3.04 per cent. TD Bank increased its one-year and four-year closed special rates by one-tenth of a point each. Scotiabank increased its variable rate by 10 basis points.

Got a client asking for rates? Below is a rate preview with the top 3 banks I personally deal with:

RBC: 5 year fixed at 2.89% or variable closed at 2.72%

TD: 5 year fixed at 2.84% or variable 2.60%

CIBC: 5 year fixed at 2.84% or variable 2.70%

03/16/2016

03/16/2016

★★★★★Toronto’s Mortgage Agent★★★★★

Helping you find the right Mortgage for your dream home.

Bringing years of expertise and wealth of knowledge within the competitive Mortgage industry, I specialize in:

★ 1st and 2nd Mortgage
★ Refinance / Switching / Renewals
★ Commercial & Residential
★ B & Private Lending
★ Equity takeout’s (HELOC)
★ Low Rates
★ Bad Credit
★ Low Income
★ First time home buyers
★ New Immigrants
★ Self Employed
★ Declined by the Banks
★ Outstanding Debts
★ Bankruptcy

✔ SAME DAY APPROVAL

CONTACT:

HARKIRAT (HARRY) MURBA
Mortgage Agent (LIC # M15002149)
☎ Direct line: (647) 861 - 6307

03/08/2016

Do you need a mortgage, or know of anyone that does? Let me manage your mortgage needs! I will negotiate with the banks and lending institutions on your behalf.

Also, if you know of someone who is in need of a Mortgage, contact me and I will give you a referral fee anywhere between $500-$1000 during the closing. Easy money!!!

01/28/2016

Minimum Down Payment Policy Changes for CMHC and Genworth Applications

I wanted to provide you with some additional information about the recently announced down payment changes. As a reminder, on December 11th, 2015, the Government of Canada announced the minimum down payment requirement will be increased from 5% to 10% on the portion of a purchase price for a property that is above $500K but less than $1,000,000.

Please refer to the following to determine the down payment requirements:

Applications relating to purchase and sale agreements dated before December 11, 2015, a 5% down payment is acceptable with any closing date.

Applications received by CMHC from December 11, 2015 to February 14, 2015, have to close on or before July 1, 2016. That being said, 5% down payment is acceptable. But, a closing after July 1, 2016, applicant needs 5% down on the first 500,000 and 10% on any amounts above

Applications received by CMHC on February 15, 2016 or later need 5% down on the first 500,000 and 10% on any amounts above.

11/25/2015

★ 1st and 2nd Mortgage
★ Refinance/Switching/Renewals
★ New Immigrants
★ Self Employed
★ 5% down payment
★ Can offer a lower interest rate compared to the bank’s
★ Equity takeout’s
★ Commercial and Residential

Contact me for any advice and/or quote!

Harry Murba, Toronto’s mortgage consultant, makes it his life’s work to find home buyers the lowest mortgage rates!

11/25/2015

Harry Murba, Toronto’s mortgage consultant, makes it his life’s work to find home buyers the lowest mortgage rates!

Harry can assist you with the following:
★ Mortgage Refinancing
★ Reducing costs with your existing home mortgage
★ Leveraging the untapped potential in your assets

Bringing years of expertise, Harry, provides wealth of knowledge and insight within the competitive Mortgage industry.
There are many mortgage and financing products. Harry specializes in:
★ Residential Mortgages
★ Commercial Mortgages
★ Business Loans

With respect to mortgages, Harry also offers the widest range of mortgage options, including:
★ Variable Rate Mortgages
★ Capped Variable Rate Mortgages
★ Fixed Rate Mortgages
★ Rental Property Mortgages

New Immigrant, Bad Credit, Refused by the Bank, Outstanding Debts, Bankruptcy, let Harry manage your mortgage financing needs. He will negotiate with banks and lending institutions on your behalf. He will tailor the right products to suit your specific needs and you will be satisfied with his service from start to finish.

✔ SAME DAY APPROVAL

CONTACT:
H A R R Y M U R B A
(LIC # M15002149)

Popular Mortgages (Brokerage Lic #10429)
1315 Derry Rd. E, Mississauga ON L5T 1B6