Chris Allard Ottawa Mortgage Broker

04/29/2026

07/10/2024

Honored to be recognized by ThreeBestRated.com for our work. 🥇Thank you for the acknowledgment. Read more here: https://www.einpresswire.com/article/691927469/2023-a-year-of-triumphs-for-chris-allard-mortgage-team-overwhelmed-with-accolades-and-recognitions-for-its-excellence

06/20/2024

The BoC rate drop and your mortgage 📊

Two weeks ago the Bank of Canada reduced its key interest rate by 0.25% to 4.75% – the first reduction in over four years. Decreased prime rates mean immediate savings for variable-rate mortgage holders. However, if you have a fixed-rate mortgage, your payments will remain unchanged until renewal time.

If your mortgage is nearing renewal or if you have any questions about your mortgage, contact me and my team, we have available options for you.

06/16/2024

Happy Father’s Day to all the great fathers and father figures 👔

06/14/2024

Build your custom home with a
construction mortgage 🛠️ 🏡

Instead of buying an existing property, a construction mortgage allows you to borrow money to build your home from scratch. This type of loan gives you the flexibility to create a custom residence according to your specifications.

Construction loans differ from traditional mortgages in terms of duration and availability.

Here are some quick tips on construction loans:

🔹 Construction loans allow you to finance the construction of custom homes.

🔹The entire mortgage amount is not disbursed upfront; instead, funds are released in stages as the construction progresses.

🔹 Interest rates on construction loans are generally higher than those on conventional mortgages.

For more details on construction loans, contact us!

06/11/2024

The BoC rate drop and your mortgage 🏦

The Bank of Canada recently reduced its key interest rate by 0.25% to 4.75%—the first reduction in over four years. 💥

Prepare yourselves for some savings, as lower prime rates bring immediate benefits for those with variable-rate mortgages.

For those with fixed-rate mortgages, your payments will remain unchanged until renewal time.

If your mortgage is nearing renewal or if you have any questions, contact me and my team for assistance. We are ready to help.

06/07/2024

Now on my blog: Guiding New Investors Toward Success in Ottawa's Real Estate Market. 🏘
Ottawa presents a promising landscape for those looking to invest in real estate. However, navigating this market requires knowledge, strategy, and careful consideration. This article reveals ten crucial tips for real estate investing in Ottawa, providing new investors with guidance for success in the city’s property market.

This article uncovers ten essential Ottawa real estate investing tips to guide new investors toward success in the city’s real estate market. Read more:

06/05/2024

Bank of Canada reduces policy rate by 25 basis points. 🏦

The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.

06/04/2024

The best time to buy a home is? When you are ready. 😌

Starting early and getting advice from us is key to understanding your options and preparing for homeownership. We can help you navigate the process and make informed decisions.

Consulting with us will helps you understand:

🔹 What you can afford
🔹 The down payment you need
🔹 Costs involved with buying a home
🔹 Improving your credit
🔹 Prepayment options
🔹 Refinancing penalties (if applicable)
🔹 Budgeting

Contact me and my team for more information ℹ️