Sergii Melnychenko, Mortgage Insta - Direct Mortgages

"Best mortgage" is also the "right one", based on client's circumstances and requirements,
I offer a free mortgage advice and will help you with the mortgage process to get what suits your needs.

The Bank of Canada announced another hike of its key interest rate by 0.5%
06/01/2022

The Bank of Canada announced another hike of its key interest rate by 0.5%

The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%.

The central bank hiked its policy interest rate by half a percentage point today.❕Prime rate is now 3.2%The central bank...
04/14/2022

The central bank hiked its policy interest rate by half a percentage point today.

❕Prime rate is now 3.2%

The central bank’s next interest rate announcement is set for June 1.

https://www.thestar.com/business/2022/04/13/bank-of-canada-interest-rate-announcement-and-monetary-policy-report-coming-today.html?fbclid=IwAR1lds5GLIRQDpeFmSqyvzeMFBmf7b6dz02nc60-mS4UE6ICdmsPlHDfgKo

The Bank of Canada makes changes to its key interest rate in an effort to control inflation with a target of two per cent.

Prime rate will rise to 2.7% from 2.45% overnight.
03/02/2022

Prime rate will rise to 2.7% from 2.45% overnight.

The Bank of Canada raised interest rates by 25 basis points on Wednesday, keeping with analyst's expectations and its own signals from January.

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Nationwide Canada Loans is not l...
11/29/2021

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Nationwide Canada Loans is not licensed to conduct mortgage business in Ontario.

The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Nationwide Canada Loans is not licensed to conduct mortgage business in Ontario. Nationwide Canada Loans is operating and advertising as a mortgage brokerage out of 439 University Ave., Toronto, ON, M5G 2H6 and t...

Mortgage Outlet 👏
10/10/2021

Mortgage Outlet 👏

Congratulations to our finalists for Regional Brokerage of the Year: Ontario
Sponsored by MCAP/RMG Mortgages

Average residential prices in Ottawa peaked at nearly $760,000 after surging 36 per cent.
09/01/2021

Average residential prices in Ottawa peaked at nearly $760,000 after surging 36 per cent.

Overall, residential prices in the first six months of 2021 averaged $734,000 — up nearly 52 per cent compared to same period in 2019.

New qualifying rate for an uninsured mortgage – where borrowers have at least a 20 per cent down payment – will rise to ...
05/20/2021

New qualifying rate for an uninsured mortgage – where borrowers have at least a 20 per cent down payment – will rise to either the mortgage contract rate + 2% or 5.25%, whichever is higher.

Canada’s banking watchdog is confirming it will apply tighter rules to the so-called mortgage stress test, effective June 1.

Even though mortgage rates are moving higher, appreciation in your home might let you make a mortgage move that you migh...
03/03/2021

Even though mortgage rates are moving higher, appreciation in your home might let you make a mortgage move that you might not have been eligible for previously.
Tapping some of your home’s value in a cash-out refinance can let you make improvements to your home and property, or maybe paying off high interest debts.
Or maybe you think about purchasing a cottage and looking for a source of downpayment.
Email for questions: [email protected]

Things could heat up even more later this year, the real estate board says.

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46 Antares Drive Unit 204
Ottawa, ON
K2E7Z1

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