Mortgage Financial Corporation

Mortgage Financial Corporation Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Mortgage Financial Corporation, Mortgage brokers, 12 Ray Street South, Hamilton, ON.

Whether you are a first-time buyer, doing a switch of an existing mortgage to a better mortgage rate, or seeking a debt consolidation our clients are spreading our name as their broker of choice for high-quality service.

May your day be filled with tasty treats, ghoulish times, and a few scares thrown in for good measure.
10/31/2024

May your day be filled with tasty treats, ghoulish times, and a few scares thrown in for good measure.

Although the colder season might mean more time indoors, that’s not necessary a bad thing. It's the perfect opportunity ...
10/28/2024

Although the colder season might mean more time indoors, that’s not necessary a bad thing. It's the perfect opportunity to take on some of those DIY projects around the home that we've been putting off!

Before the snow begins to fall, consider tackling a few of these simple renovation ideas. Painting either indoors or outdoors is always a great facelift for your home. Fall is a great time for roof and window repairs or replacements as well. Plus, kitchen or rec room upgrades are a valuable renovation to take on to increase your home’s value, as well as your family’s enjoyment of the space.

Reach out to the MFCO team today to learn more about the construction financing we offer to support your DIY endeavours.

The GTA is currently experiencing this issue, with several factors being to blame. Condo developments are being complete...
10/24/2024

The GTA is currently experiencing this issue, with several factors being to blame.

Condo developments are being completed at record rates. You intertwine this with high borrowing costs, and this is why the GTA currently has an abundance of empty condos.

Many folks are torn on living in these types of spaces versus a home in the suburbs. What's your take?

After all the leftover turkey and stuffing has been finished and everyone has returned to school and work, it’s a great ...
10/17/2024

After all the leftover turkey and stuffing has been finished and everyone has returned to school and work, it’s a great time to reflect on how important those closest to us really are and how they deserve to be protected.

Mortgage protections insurance is the safeguard all homeowners need to offer their loved one’s peace of mind, while ensuring the people we care about the most are protected against any unforeseen circumstances that may occur in the future. Contact the MFCO team today to learn more.

The team at MFCO wishes you and your family a wonderful day filled with great food, good times, and lots of laughter.   ...
10/14/2024

The team at MFCO wishes you and your family a wonderful day filled with great food, good times, and lots of laughter.

Whether you’re a prospective first-time buyer or a retiree looking to downsize, you might be asking yourself, “Is now a ...
10/10/2024

Whether you’re a prospective first-time buyer or a retiree looking to downsize, you might be asking yourself, “Is now a good time to buy a home?”

Thanks to interest rates being cut and lenders allowing households to borrow a little more, it’s as good a time as any to buy a home. Contact the MFCO team today to learn more about your home-buying options.

Don't panic. If you're up for a mortgage renewal, you have a few options to explore. Talk to your lender. Learn why you ...
10/07/2024

Don't panic. If you're up for a mortgage renewal, you have a few options to explore.

Talk to your lender. Learn why you were declined and what you can do to rectify the situation. You can also refer to the Canadian Mortgage Charter, so you know what your rights are and what steps you can take moving forward. Don’t get discouraged and analyze all options available to you.

And, as always, Team MFCO is here to help!

For the first time in years, we may be close to seeing five-year fixed mortgage rates at under 4%. This is thanks in par...
10/03/2024

For the first time in years, we may be close to seeing five-year fixed mortgage rates at under 4%.

This is thanks in part to Canada’s current bond yield, which is presently at a 17-month low. It's a very welcomed departure from last year at this time, where we saw that rate at a 5.54% peak.

Keep your eyes peeled if you’re looking to buy a home at an unbelievable rate!

Established to promote and educate Canadians about the negative impacts of the residential school system, today reminds ...
09/30/2024

Established to promote and educate Canadians about the negative impacts of the residential school system, today reminds us to acknowledge the pain and suffering of Indigenous communities around the world and right here in our own backyard.

As you reflect, take a moment to visit the Legacy of Hope Foundation's website and educate yourself. A national, Indigenous-led, charitable organization, the Legacy of Hope Foundation has been working to promote healing and Reconciliation in Canada for the past two decades.

Most lenders and banks typically offer six different payment frequency options, which includes monthly, semi-monthly, bi...
09/23/2024

Most lenders and banks typically offer six different payment frequency options, which includes monthly, semi-monthly, bi-weekly, weekly, accelerated bi-weekly and accelerated weekly. The payment schedule you choose can play a part in the length of your mortgage term and the amount of interest you will pay.

All the payment options offer diverse benefits and picking the right one can potentially help you pay off your mortgage faster and reduce overall interest costs. Contact us today to discuss what's right for you!

Recently an economist coined the phrase “me-cession” regarding how Canadians are spending their money in these turbulent...
09/19/2024

Recently an economist coined the phrase “me-cession” regarding how Canadians are spending their money in these turbulent financial times. Charles St-Arnaud, chief economist at Alberta Central, explained in his report that collectively we are spending more and pushing economic activity higher, but that when it comes to individually, we are generally trying to restrict purchases and acting as if we are in a recession.

Thanks to our record population growth there is more of us spending and consuming, which is why the country’s gross domestic product continues to grow even though GDP per person declines.

Thanks to inflation and the overall cost of living, many Canadians are feeling the pinch and starting to rein in their s...
09/16/2024

Thanks to inflation and the overall cost of living, many Canadians are feeling the pinch and starting to rein in their spending.

Recent data from the Bank of Canada has shown that household credit advanced just 3.4% in May. This was only 0.2 points above the rate reported back in October, which was the lowest the country saw in over 30 years.

What are some of the ways your household has been saving money?

Address

12 Ray Street South
Hamilton, ON
L8P3V2

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+19055292521

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