Meesum Ashraf - Mortgage Professional

04/21/2022

Inflation, rising prices, interest rates and how it all ties up with Bank of Canada's actions.

Nice read.

As the COVID-19 pandemic has dragged on, so has high inflation, both in Canada and in other parts of the world. Here's how to make sense of it all.

03/02/2022

https://www.cbc.ca/news/business/bank-of-canada-rate-decision-1.6369774

Bank of Canada Increases Overnight Interest Rate by 0.25%. Given the various moving pieces its hard to gauge how this and next (if any) rate increase would immediately effect the housing prices.

Certainly a move towards long term 7 yr Fixed products is gonna be likely.

The Bank of Canada raised its benchmark interest rate to 0.5 per cent on Wednesday, a move that's expected to be the first of a series of small rate hikes this year in an attempt to tame inflation that has risen to its highest point in decades.

06/15/2020

04/08/2020

Think before Deferring your Mortgage!

E-mail me to find out more info.
E: [email protected]

04/07/2020

Hats of all our heroes: Frontline Staff- Healthcare (Paramedics, Pharmacy staff, Nurses, Doctors and all admin, cleaing and other support staff), Police, Fire, Grocery Store staff, Garbage Pick up workers, Our Truckers, Delivery / Courier peeps, Construction workers & all other essential services / business and their staff.
A Big Thank You for all that you do and are doing!

04/06/2020

E-mail or Call me for further clarification Re: Mortgage Deferral. Understand your options.
Meesum Ashraf,
P: 416-301-3098
E: [email protected]

03/27/2020

03/24/2020

Great Resource with Updates, Lender Contact Ph and info about other relief measures.

At Mortgage Architects, we recognize that many homeowners may be looking for guidance around mortgage financing. We are committed to updating you - our customers - on the current climate and how the recent COVID-19 developments may impact your mortgage, now or in the future.