Exzact Mortgage Corp.

05/15/2024

With rate cuts potentially right around the corner, and a deep discount on Prime, it's looking like variable rates could be back in style!

05/15/2024

There are some signs that our National Housing Market here in Canada may be cooling. See (below)

05/15/2024

There are some signs that our National Housing Market here in Canada may be cooling:

https://www.bnnbloomberg.ca/canadian-homes-for-sale-climb-with-second-biggest-jump-on-record-1.2073353
https://www.bnnbloomberg.ca/canadian-homes-for-sale-climb-with-second-biggest-jump-on-record-1.2073353

Canada’s housing market posted a surge in the number of properties available for sale, one of the biggest monthly gains in listed inventory on record, as homebuyer demand waned amid persistently high interest rates.

04/30/2024

TD news - This Spring TD Broker Services increased the values for their "Sliding Scale" for certain centers in This means on a conventional mortgage (Non CMHC) you can go up to 80% of the property value up to:

increased to $1,250,000 with Bearspaw and Springbank included.
$1,250,000
and $1,000,000

The balance of the mortgage would be on a 50% basis.

For questions or clarity, please reach out!

EXAMPLE: Purchase Price $1,500,000 -$1,250,000)*80% +($250,000 *50%) = Maximum Mortgage = $1,125,000
Down Payment Required = $1,500,000 - $1,125,000 = $375,000

04/19/2024

Some great options for Purchases and Mortgage Renewals!

03/15/2024

The 5 year is looking good! If you have not closed your deal, it's not too late!

03/12/2024

Access the equity in your home to consolidate, invest, or create a cushion for your finances!

03/12/2024

rates looking great! If you have a deal about to close, it's not too late to get yourself a better rate!

03/05/2024

03/05/2024

A mortgage broker can help simplify the home buying process from start to finish. Here are 5 questions to ask your mortgage broker before buying a home.

03/04/2024

Improvement on 5 year rates! Call or send a message to discuss.

02/27/2024