Lucas Burns - Martel Mortgages - Licensed Mortgage Agent

03/20/2026

🏡 Fixed vs Variable vs Adjustable.

What’s the difference?

Let’s break it down simply 👇

🔒 Fixed Rate Mortgage
Your rate stays the same for your entire term.
✔️ Same payment
✔️ Easy to budget
✔️ No surprises

Perfect if you like stability and predictability. 

⸻

📉 Variable Rate Mortgage
Your rate moves with the market (Bank of Canada).
✔️ Payments usually stay the same
✔️ Interest portion changes
✔️ Can save money if rates drop

Great if you’re comfortable with some risk for potential reward. 

⸻

📊 Adjustable Rate Mortgage
This is where people get confused 👇

✔️ Rate changes with the market
✔️ Your payment changes too

So when rates go up… your payment goes up.
When rates go down… your payment drops. 

⸻

💡 Quick way to remember:
Fixed = Stable
Variable = Same payment, shifting interest
Adjustable = Everything moves

⸻

Choosing the right one comes down to your risk tolerance, goals, and financial situation.

If you’re unsure which is right for you, let’s talk 👇

Lucas Burns
Mortgage Agent Level 2
📞 613-298-1522
📧 [email protected]

Your greatest compliment is a referral from family or friends.

03/02/2026

🏡 Let’s Talk Closing Costs.

When buying a home, lenders typically want to see that you have at least 1.5% of the purchase price available for closing costs.

What does that cover?

✔️ Legal fees
✔️ Land Transfer Tax
✔️ Appraisal (if required)

This money is separate from your down payment, and yes, it’s important to plan for it early so there are no surprises on closing day.

The goal? Smooth approval. Smooth closing. Happy homeowner.

If you’re thinking about buying and want to make sure you’re fully prepared, let’s connect. I’ll walk you through everything step-by-step so you know exactly what to expect.

Lucas Burns
Mortgage Agent Level 2
📞 613-298-1522
📧 [email protected]
The Oriana Financial Group FSRA #10214

Your greatest compliment is a referral from family or friends.

keepingyouinformed

02/13/2026

🏡 Thinking about buying a home? Start with a mortgage pre-approval!

Why? It saves time for everyone, you, your realtor, and the entire process! Knowing your budget from the start means zero wasted showings and faster offers on your dream home. Get pre-approved, then start the fun part: house hunting!

09/17/2025

🫲It's all been building up to this!🫱

Quick Reminder:
1. Bank of Canada Rate Changes affect your Variable Mortgages and Lines of Credit.
2. The Bond Yields affect your Fixed Rate Mortgages.

Although we expect to see some trickle down effect to the fixed rates as well, the news from today will give a break to those with a Variable Rate mortgage or a Home Equity Line of Credit.

04/17/2025

Happy Easter to all 🧑‍🎄

03/27/2025

Just wrapped up an incredible time at the Oriana Financial Conference and CMBA Awards Gala in Toronto! It was a fantastic opportunity to learn about the latest mortgage products, gain insights from industry experts on the economy, and, of course, catch up with some amazing colleagues.

Translation? I geeked out over mortgage trends, soaked up economic wisdom, and maybe, just maybe, enjoyed the Toronto skyline a little too much.

Excited to bring this knowledge back to my clients, family, and friends because, let’s be real, who doesn’t love an agent who stays ahead of the game?

If you have mortgage questions, I’ve got answers (and probably a coffee in hand). Let’s chat!

📞 613-298-1522
📧 [email protected]

03/11/2025

150 Families, 150 Dreams, And We’re Just Getting Started!

Feeling incredibly grateful and proud today! I’ve had the honor of helping 150 families secure mortgages and take that incredible step toward homeownership. Whether it was a first home, a refinance, an investment property, or a renewal, each journey has been unique and special.

To all my amazing clients, THANK YOU for trusting me to guide you through the process. It means the world to be part of such a big milestone in your lives!

And guess what? I’m just getting started! If you’re looking to buy, refinance, or explore your mortgage options, let’s chat. Your dream home (or investment) might be closer than you think!

📲 Call or text me at 613-298-1522
📩 Email: [email protected]

Who’s next? Let’s make homeownership happen together!

12/04/2024

🎄 Holiday Spending Got You Stressed? 🎄

This month on lucasburnsmortgages.ca, I’m sharing practical tips for managing debt during the holidays without sacrificing the joy of the season. 🛍️💡

Discover how to stay on top of your finances, enjoy the festivities, and enter the New Year with peace of mind. ✨ Don’t let holiday debt snowball—take control today!

👉 Click the link in my bio to read the full blog.
📞 Let’s chat about your financial goals: 613-298-1522
📧 Email me anytime: [email protected]

Your holiday happiness doesn’t have to come at a financial cost! 💼🎁

11/07/2024

Are you looking to buy? Want to come chat mortgages or your investment ideas? Find me here this Saturday Nov 9th from 2-4PM with Austin Cranney as we aim to help another family to achieve their dream! A new chapter of memories waiting to be made. Come out and visit!

✨ Open House Alert! ✨ Join the team this Saturday & Sunday, November 9 & 10, from 2 - 4 pm, to explore the charm of 755 Oakglade!

🌟 Welcome to this stunning 4-bedroom, end-unit Monarch home on a quiet street in a family-friendly neighborhood. Sitting on a desirable corner lot, this home features a 2-car garage and a beautifully landscaped, fully fenced yard with a spacious deck and interlock patio—perfect for entertaining or relaxing.

Inside, you’ll find hardwood floors extending through the main and upper levels, creating a warm and inviting atmosphere. The cozy living room with a gas fireplace opens right to the backyard, while the formal dining room leads into a modern kitchen boasting stone countertops, a breakfast bar, stainless steel appliances, and a built-in wine rack!

Head downstairs to the fully finished basement—a versatile space complete with a rec room, full bath, and kitchenette area with extra storage. Upstairs, discover four generous bedrooms, including a master suite with ensuite, convenient laundry, and a large linen closet.

🌿 Roof replaced in 2022 with a 15-year warranty!

Don’t miss the chance to make this exceptional property your home! Stop by this weekend to see it for yourself or contact me for more details. 🏡✨

With Austin Cranney, Lucas Burns - Martel Mortgages - Licensed Mortgage Agent, Philip Lynch, Brooklyn Omstead

10/07/2024

🚨 Don’t Let Interest Rates Dictate Your Home Buying Decisions! 🚨

Are you holding off on buying a home because of fluctuating interest rates? 🤔 Remember, the rate isn’t everything—there are so many other factors to consider when making one of the most important investments of your life! 💼🏡

In my latest blog, I share 3 key advantages of not focusing solely on rates when purchasing a home, including how to take advantage of market opportunities and why homeownership is a long-term game! 🔑✨

📖 Read the full blog here 👉 https://lucasburnsmortgages.ca/blog/navigating-interest-rates/

Ready to make a confident decision about your future? Let’s chat! 💬👇

Lucas Burns Mortgage Broker

09/11/2024

Plans for the weekend of the 21st? If not, head down to Larkin Park with the family and enjoy a FREE exciting day at the Corn & Weiner Boil! JENNA & CO.Lucas Burns - Martel Mortgages - Licensed Mortgage Agent