Mortgage with Tracy

12/11/2024

Exciting news for homeowners! The Bank of Canada announced a 50 basis point cut to the overnight rate, lowering it to 3.25%.

This is significant for your mortgage!

**Variable-rate mortgages:** You can expect a noticeable decrease in your monthly payments. This extra cash can be allocated towards other financial goals or provide you with some financial relief.

**Fixed-rate mortgages:** While you may not see immediate savings, this decision indicates a potential downward trend in overall interest rates.

This rate cut reflects the Bank of Canada's effort to stimulate the economy. It's a positive development for both businesses and consumers, potentially leading to more opportunities in the future.

If you have any questions about how this rate cut will affect your specific mortgage situation, feel free to let me know. Whether you are looking to purchase, refinance, or have a renewal coming up, I'm here to assist you!

11/14/2024

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10/23/2024

📉🏡 Bank of Canada Cuts Rates by 0.50% making the prime rate 5.95%!

What Does It Mean for You? 🏡📉

Big news in the world of mortgages—the Bank of Canada has just reduced interest rates by 0.50%! This is huge for anyone looking to buy a home or refinance their adjustable variable mortgage. Lower rates mean lower payments, and that’s more money staying in your pocket!

💰 Here's a quick breakdown: For every $100,000 of mortgage, a 0.50% drop in interest could save you around $15 - $20 bi-weekly. That adds up to hundreds, if not thousands, over the life of your mortgage!

🤔 Wondering how much you could save? Let's talk about how this change impacts your unique situation. DM me for a personalized mortgage review—I'm here to help you make the most of this opportunity!

10/14/2024

This Thanksgiving, I’m incredibly thankful for the opportunity to help people find and finance the place you call home. 🏠 There's nothing more rewarding than being part of your journey to homeownership!

As we gather with loved ones, let’s take a moment to appreciate the roof over our heads and the memories we create under it. Wishing you and your families a wonderful Thanksgiving filled with gratitude, warmth, and togetherness.

From my family to yours, Happy Thanksgiving! 🧡🦃

09/27/2024

🏡 Why Choose a Mortgage Broker Over a Traditional Bank? 🏡

Discover the perks of going with a mortgage broker—and how it can make your life a whole lot easier!👇

✨ Access to Multiple Lenders & Loan Options
Brokers connect you to a wide variety of loan options, giving you better rates and more choices than a single bank can offer!

💼 Personalized Service & Expert Advice
Get tailored, step-by-step guidance to help you find the best mortgage for your unique financial situation!

💸 Potential Cost Savings
Brokers negotiate lower rates and fees. They can even help uncover special programs that save you money over time!

⏰ Convenience & Flexibility
Need to chat? Brokers are available on YOUR schedule—by phone, email, or text. Say goodbye to bank delays and hello to quick responses! 🙌

Ready to explore the best mortgage options for YOU? Let's connect today! 💬

Tracy Gooding
Mortgage agent level 1
519-774-4323
[email protected]

09/23/2024

“Hey, do you know anyone who is looking to purchase, renew or refinance?

If you do, all you have to do is refer them to me for a free mortgage review and you will be entered into a monthly giveaway where you can win up to $2,500 for your mortgage/rent payment.

How amazing would that be!!!

P.S Realtors, this is includes you!

09/23/2024

09/19/2024

🏠 Selecting the ideal mortgage requires careful consideration of several factors. From fixed-rate to adjustable-rate loans, each option comes with its own advantages and considerations.

What's the best fit for your financial future? Let's navigate through interest rates, loan terms, and your unique financial goals to find the perfect mortgage for your needs.

Reach out today for expert guidance in choosing the right mortgage for you!

09/16/2024

Did you know that you could pay off your mortgage early? 🏠💰 Making additional payments directly towards the principal can reduce your loan balance quicker, lower the total interest you pay over the life of the loan, and potentially shorten your mortgage term by years. This strategy builds home equity faster, increases your financial stability, and leads to significant long-term savings.

Curious to learn more? Let's chat!

08/31/2024

Give your wallet a high-five with a refinance party!

1.Lower those pesky monthly payments and dance your way to extra cash.

2.Dreaming of home renovations? Now might be the time!

3.Thinking about buying an investment property? Leverage your real estate game!

4.Stuck with a high interest rate? Let's lower those payments!

DM today to get started!

Tracy Gooding
Call or Text 519-774-4323
Email [email protected]

Mortgage Agent ~ level 1
BRX mortgage #13463

rates

08/24/2024

There may come a time when you need to make changes to your mortgage, such as refinancing to consolidate debts. 💳

You may be able to roll your debts into one simple payment and increase your amortization to allow for smaller payments (more cash flow). That said, you may want to consider keeping your payments the same (or similar), since you are used to paying for these expenses already.

By keeping your payment the same you will be able to pay off your mortgage much sooner and less interest will be paid to your lender. It also means that you won’t be paying for those debts, like credit cards and vehicle payments, for 30 years. 🏠

Let’s make a budget and come up with the right solution for you! Contact me today to learn more 👋

📞 519-774-4323
📩 mortgagewithtracy.com
🌐 www.mortgagewithtracy.com