The Mortgage Centre - Cobourg

09/10/2026

Yes, this is a similar post to yesterday. Fixed rates are going up - nothing can stop it.

The inflation train, tariffs and war in Iran are all starting to pile up.

If you are renewing in the next twelve months, you can join our client protection plan. If you’re already a client - watch your inbox today for an important email about your renewal.

My team is here to work to save you money.

//The Mortgage Centre - Cobourg
1B-609 William Street

John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667

☎️905-377-1684
📱905-999-4787
👩‍💻 https://linktr.ee/jgmortgage

Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//

09/09/2026

Fixed rates have more pressure for upward movement.

Canada and US inflation prints are also coming in the next few days (expected to be higher). This will put more pressure on rates.

For now, many may lean into Variable and Adjustable rate mortgages. Time will tell if they are right. However there is also pressure on the Bank of Canada to move rates upwards sooner than later.

What questions do you have about this or your own mortgage? Feel free to comment below or contact me directly.

//The Mortgage Centre - Cobourg
1B-609 William Street

John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667

☎️905-377-1684
📱905-999-4787
👩‍💻 https://linktr.ee/jgmortgage

Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//

09/06/2026

It is always wonderful to hear from clients who have gone through the mortgage process with my team and I.

I strive to ensure everyone is aware of the important details of their mortgage financing.

Finding the best solution for one family at a time.

//The Mortgage Centre - Cobourg
1B-609 William Street

John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667

☎️905-377-1684
📱905-999-4787
👩‍💻 https://linktr.ee/jgmortgage

Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//

09/05/2026

🎬 Movies Under the Stars returns to Victoria Park this Saturday.

Hoppers | September 5 | Begins at dusk

Bring a lawn chair or blanket and settle in for a movie under the stars, with Cobourg’s waterfront as the backdrop.

With thanks to sponsors The Mortgage Centre – Cobourg & Mistral Group

Experience Cobourg

09/02/2026

More movies 🍿 ⤵️

🎬 Movies Under the Stars returns to Victoria Park this Saturday.

Hoppers | September 5 | Begins at dusk

Bring a lawn chair or blanket and settle in for a movie under the stars, with Cobourg’s waterfront as the backdrop.

With thanks to sponsors The Mortgage Centre – Cobourg & Mistral Group.

09/02/2026

Bank of Canada rate announcement is at 9:45am. Here is a direct link to the results of that announcement.

If you are signed up for our newsletter, you will receive that within minutes of the announcement. This way, if you can't be watching a live link - the news is there for you when you can view it.

Automatically view the rate announcement the moment it is published.

08/27/2026

Whether people like it or not - the threat is real.

Now is a good time to find out about our client protection program. We are putting folks into it every day.

Save a rate now, save money down the road.

Find out more by contacting me today.

//The Mortgage Centre - Cobourg
1B-609 William Street

John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667

☎️905-377-1684
📱905-999-4787
👩‍💻 https://linktr.ee/jgmortgage

Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//

08/20/2026

Bond yields continue to flirt with their 52 week high.

What does this mean? Fixed rates have been edging ever so slightly upwards since March. With some ups and downs along the way.

Some banks have already increased their rates again this week. Modestly, often 0.10% at most.

However, every small modest increase adds up. If you’re a borrower already, maybe thinking of your renewal in the next year, moving or refinancing - now is the time to plan. My team can make that plan a reality.

It’s what we do, working to save people as much money as possible.

Find out your plan today and book a free, no obligation, consultation through my booking link below.

//The Mortgage Centre - Cobourg
1B-609 William Street

John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667

☎️905-377-1684
📱905-999-4787
👩‍💻 https://linktr.ee/jgmortgage

Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//

08/14/2026

Mortgage Penalties can be a wild thing to calculate.

This afternoon I have calculated two that were very different, but similar.

Both mortgages are 5 year fixed rate terms taken in 2023. Both started around the same time. The differences are - a slight difference in rate, big difference in mortgage balance, different banks.

A higher mortgage balance equals a higher penalty right? You’d think so, but see below.

1- owes about $863,000 and has 2 years left on their term, fixed rate. Penalty $9,911 as of today.

2- owes about $674,535 and has 2 years left on their term, fixed rate. Penalty $17,150 as of today.

The answer for this is simple, not every lender charges penalties the same. Borrower 1 above has an opportunity to save about $8,400 on their mortgage by making a change.

Borrower 2 above does not have the same opportunity. The larger penalty evaporates any potential savings, despite the smaller mortgage amount. They might see a savings opportunity in January 2027.

Do you have questions about your mortgage? Would you like to see if you can save on your mortgage now or in the future?

//The Mortgage Centre - Cobourg
1B-609 William Street

John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667

☎️905-377-1684
📱905-999-4787
👩‍💻 https://linktr.ee/jgmortgage

Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//

John Greenlee, AMP - Mortgage Agent, Level 2, Lic M10000667. FRSA 10231

08/14/2026

If you have a home in Port Hope - this is important.

Speak with CNL staff about recent changes to the legal agreement at our drop in session next Wednesday August 19!

Discutez avec le personnel du CNL des récents changements apportés à l'accord juridique lors de notre séance de mise en place le mercredi prochain 19 août !