Aneeka Dogra - Mortgage Agent

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Canada
Toronto, ON
Aneeka Dogra - Mortgage Agent

Mortgage Agent Level 2 at Akal Mortgages Inc
Lic # 10845, Independently owned and operated

09/02/2026

3 cheers for me! Thanks for the love Toronto🥹

03/31/2026

Oil prices go up → food costs rise → inflation sticks → bond yields climb → mortgage rates follow.

It’s all connected.

With disruptions in the Strait of Hormuz, we’re not just talking about gas prices—we’re looking at higher grocery bills and upward pressure on interest rates across Canada.

This is how a global conflict quietly hits your wallet at home.

Would you lock in your mortgage right now?

canadianhousing interestrates financialliteracy

03/30/2026

Toronto’s condo market is stalling… and Ontario just stepped in with $1.3 BILLION 👀

But this isn’t just about helping the condo market - it’s about affordability.

Unsold condos → turned into rentals, a quarter being affordable rentals
Developers → get relief
More confidence in the market → more purchases
More purchases → more condo starts

We break it down in our latest video. Check it out on Youtube, Spotify or Apple Podcasts. 🎙

10/31/2025

🎃👻 Happy Halloween!

If you need help with your housing GHOULS, we're dead serious 💀 we can help!

03/12/2025

We all can recognize the Made in Canada claims, but what do they mean in terms of how that product is produced in global supply chains? We break it down in this infographic.

No doubt, “Made in Canada” claims will influence the buying decisions of consumers for the foreseeable future, especially as we all rally together to protect and strengthen the Canadian economy.

However, we must note that the Canadian and American economy are deeply intertwined, and that many products cross the border multiple times during production. Therefore, despite a distinction between “Made in Canada” and “Produced in Canada”, it might still be worthwhile to purchase products that were partially made in Canada because our local economies depend on them. We can optimize that strategy by opting for products that have met the Competition Bureau’s requirements to use the “Made in Canada” or “Product of Canada” claim.

Additionally, several major American companies have Canadian subsidiaries or headquarters that create jobs and contribute to the economy and prestige of Canadian cities. An all-or-nothing approach to tariffs could unintentionally harm Canadian workers and industries that rely on cross-border trade, so a thoughtful, strategic response is crucial.

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04/10/2023

We're thrilled to announce that AKAL Mortgages Inc. has been awarded CMP's illustrious 5-Star Mortgage Employer Award for 2023! 🏆 No surprises here when you consider how much effort Akal puts into training and mentorship. This is a testament to the teamwork and inclusivity that Akal promotes, as well as the hard work and dedication demonstrated by our agents.

Thank you to our entire team for all the great work that you always do, and for allowing us to achieve this honour! 👏

09/28/2022

You have to pass the stress test in order to be eligible for a mortgage. The stress test is a minimum qualifying rate that lenders use to determine whether you can continue to afford a mortgage should interest rates were to rise. Consequently, the minimum qualifying rate goes up every time there is a rate hike.

The minimum qualifying rate will either be the benchmark rate, or the rate offered by your lender + 2%, whichever of the two is higher.

Consulting a mortgage agent can help you figure out a way to increase your borrowing power since we have access to many lenders that offer competitive interest rates and mortgage terms.

☎️ Contact me today if you're trying to figure out how to qualify for a larger mortgage!

🏠Aneeka Dogra - Mortgage Agent
📧 [email protected]

09/23/2022

How are mortgages calculated? When calculating the max mortgage amount a client can qualify for, banks check whether the cost of shelter (including condo fees, property taxes, and heating costs) falls under a certain percentage. For a GDS, the cost of shelter is divided by the gross income (before taxes), while for the TDS, all of the client's debts are divided by the gross income. This is why it's so important to minimize your personal debts when you plan to purchase a home, otherwise you may not be eligible for as much of a loan as you would have expected.

Furthermore, when calculating the maximum loan amount that you are eligible for, we use a stress rate rather than just the rate being offered to you. I will explain what the stress test and how it affects your maximum loan amount in another post, so follow and stay tuned!

09/19/2022

In an effort to help homeowners deal with the increased cost of buying a new home, the government introduced a rebate program to reimburse up to 75% of the HST they paid on a new home or condo up to $400,000 at the provincial level ($400,000 x 0.08 x 0.75 = $24,000). It is also possible to obtain a federal rebate of up to $6,000 totalling the rebate up to $30,000!

A huge advantage to this program is that often, builders will just deduct the rebate from their purchase price, thereby reducing the total mortgage amount you need to take out as a homebuyer who plans to reside in the property. However, there are different rules and requirements for investors who plan to lease our the property. Under an NRRPR, investors must pay the HST in full at the time of purchase and will only receive the rebate two or three months later.

Homeowners are eligible if they have done any of the following in Ontario:
Purchased a newly constructed home
Purchased a new condo
Built a house
Contracted someone to build a house
Substantially renovated or contracted someone to substantially renovate a house or condominium
Added a major addition to a home
Rebuilt a home that was destroyed by fire
Bought shares in a newly constructed cooperative housing project
Converted a non-residential property into a home

Caveat: only close family members can be registered on the property. If anyone is not closely related, you will be required to return the provincial rebate.

Contact me today to see how this rebate can help you afford a brand new home!

Address

12 Gristone Crescent
Toronto, ON

Website

http://dogramortgages.com/

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