Christopher Chanakos - Mortgage Broker

10/31/2025

02/20/2025

If you are wondering why you aren't being offered a lower advertised interest rate by your lender/broker, it is because there are several factors that influence mortgage rates. Understanding how your potential rate is influenced by these factors will help you determine which product best suits your needs.
For a better understanding of how mortgage rates are determined, check out the article on my blog or reach out to me with questions or comments.

02/07/2025

To understand the key steps homebuyers can take to ensure that the period between a pre-approval and funding goes accordingly, reach out to me.

02/03/2025

Short-term rentals take another hit.

01/29/2025

If you are in the market for a home, or your mortgage is coming up for renewal, the fixed versus variable discussion just got more convoluted. To understand how this may affect your mortgage, reach out for a free consultation.

01/28/2025

Struggling with the decision to go fixed or variable? You're not alone. Reach out to me for a detailed look at how your financial goals align with your mortgage rate.

01/17/2025

OFSI - New Stress Test Changes
The policy change eliminated the Minimum Qualifying Rate (MQR) requirement for these switches, allowing borrowers to transfer their mortgage from one lender to another without additional stress test hurdles.
However OFSI later clarified that the new rule only applies to mortgages being transferred between federally regulated financial institutions (FRFIs).
For more information on how that may affect your mortgage renewal, reach out to me.