Troy Tremblay Mortgage Professionals

10/09/2024

Starting December 15th you can qualify for an insured mortgage up to $1.5 MILLION with a 30-year amortization. That means increased buying power and lower monthly payments—bringing your dream home within reach.

Reach out to your Mortgage Alliance Professional today to see how this can benefit you! 📲

09/05/2024

This is great news for anyone looking to purchase a property with it making it easier for qualifying and the rates are going to keep going on a downward trend with property prices increasing , let’s talk about why now is a great time to buy !

🚨 Bank of Canada Cuts Interest Rates Again!

The Bank of Canada has just reduced the key interest rate by a quarter-point, bringing it down to 4.25%. This marks the third consecutive rate cut as the central bank responds to easing inflation pressures. 📉

With inflation now at 2.5% as of July, the Bank of Canada is focused on supporting economic growth while keeping prices stable. Governor Tiff Macklem has indicated that further cuts may be on the horizon if inflation continues to decline.

If you're considering your mortgage options or looking at new financing opportunities, now is an ideal time to reassess your plans. Contact your Mortgage Alliance Professional today for expert advice on how these changes could work in your favour! 💬💡

08/20/2024

How does the Bank of Canada’s .25% rate cut impact your mortgage? On average, for every .25% decrease, mortgage holders can expect to pay $15 less per $100,000 of mortgage. It may not seem like a major change however, Bank of Canada governor Tikk Macklem did say it’s “reasonable” to expect more cuts.

Reach out to your Mortgage Alliance Professional for more details. They are armed with information and can run your numbers.

08/06/2024

Second mortgages are usually taken out to help with short-term cash requirements, pay off higher-interest debts or for investment opportunities. Depending on your qualifications, a second mortgage will allow you to access 80% - 95% of your home equity.

One of the attractive things about second mortgages is the payment. In most cases, you can pay interest only or interest plus the amount of principal you select.

For more information, reach out to your Mortgage Alliance Professional.

08/01/2024

Little insight to where the banks could be headed with interest rates , is now a good time to buy? It’s always a good time to buy. Reach out to me with any questions you may have with upcoming renewals , purchases , refinances or private money 🏘️

07/29/2024

Five things not to do after you have been approved for a mortgage:

1️⃣ Leave or switch jobs
2️⃣ Make a major purchase
3️⃣ Apply for new credit
4️⃣ Pay off your debt
5️⃣ Co-sign on a loan

If you have any questions about what you should or shouldn’t do while applying for a mortgage, contact your Mortgage Alliance Professional. They are with you every step of the way.

07/24/2024

07/16/2024

Todays Fixed Mortgage Rates July 16th 2024. Go to my website to see more. https://www.mortgagealliance.com/mortgage-broker/TroyTremblay/rates

1 year
6.69%

3 year
4.99%

5 year
4.69%

7 year
5.65%

*Rates may vary provincially and are subject to change without notice OAC.