Lora Behm, Mortgage Agent

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Lora Behm, Mortgage Agent ๐Ÿ™‹๐Ÿปโ€โ™€๏ธ https://bit.ly/3XgsHte ๐Ÿ™‹๐Ÿปโ€โ™€๏ธ
Lora Behm, Mortgage Agent - Level 2 (FSCO #12728) Part of Mortgage Architects, License 12128

10/16/2026

Can you lock into a fixed rate during your term on a variable mortgage? Absolutely, but hereโ€™s what you need to know!

First, you donโ€™t lock into the variable rate you currently have. So, if your variable rate is 3.75%, you donโ€™t lock in at 3.75%. You lock into the fixed rate available at that time for the term your lender offers.

Second, your remaining term may need to be rounded up. So, if you have three and a half years left on your mortgage, you may have to take a four-year fixed term because lenders typically donโ€™t offer three-and-a-half-year terms. That means you could end up being locked in for longer than you originally planned.

Last but not least, knowing when to lock in is the hard part!

A lot of people take variable rates thinking theyโ€™ll lock in when rates get lower or before they start going back up. But when is the right time? Are rates going to go down more? Are they about to increase? Itโ€™s hard to know!

So, if youโ€™re considering a variable mortgage with the idea of locking into a fixed rate later, make sure you understand these three things first.

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

10/14/2026

๐ƒ๐จ ๐ฒ๐จ๐ฎ ๐ก๐š๐ฏ๐ž ๐š ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง?

Maybe itโ€™s about your current lender, or youโ€™ve received a renewal offer, and youโ€™re pretty sure youโ€™re going to stay with your current bank but you just want to double check the numbers.

Itโ€™s still okay to reach out to us!

Our advice is always free, and weโ€™re happy to answer any questions you have and take a look at your renewal offer to let you know whether or not itโ€™s the best option for you.

Sometimes itโ€™s worth getting a second opinion, even if you ultimately decide to stay exactly where you are!

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

Letโ€™s talk about how much money you need to be making to afford a $700,000 home in Durham Region.If youโ€™re looking at a ...
10/13/2026

Letโ€™s talk about how much money you need to be making to afford a $700,000 home in Durham Region.

If youโ€™re looking at a $700,000 purchase price, youโ€™ll need $45,000 for the minimum down payment, plus approximately $16,000 for closing costs (12,000 if you are a first time home buyer).

For income, youโ€™ll need about $158,000 in combined household income to qualify for a $700,000 purchase with the minimum down payment (depending on the rates of course!)

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

10/09/2026

Did you know that when you get a credit card bill, if youโ€™re not paying the balance off in full, you could be paying interest from the time you actually made the purchase?

So, if youโ€™re only making the minimum payment or not paying your bill off in full, that interest can continue to add up.

Make sure youโ€™re taking that into account when youโ€™re putting big purchases on your credit card. Sometimes that purchase can end up costing you a lot more than you think!

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

Can you lock into a fixed rate during your term on a variable mortgage? Absolutely, but hereโ€™s what you need to know.Fir...
10/08/2026

Can you lock into a fixed rate during your term on a variable mortgage? Absolutely, but hereโ€™s what you need to know.

First, you donโ€™t lock into the variable rate you currently have. If your variable rate is 3.75%, you donโ€™t lock in at 3.75%. You lock into the fixed rate thatโ€™s available at that time for the term you have left.

Second, your remaining term may need to be rounded up. So, if you have three and a half years left, you may have to take a four-year fixed term because lenders donโ€™t offer three-and-a-half-year terms.

Last but not least, itโ€™s really hard to know when to lock in. A lot of people take a variable rate thinking theyโ€™ll lock in when rates get lower or before they start going back up. But are they going to go up? Will they go down more? Itโ€™s hard to know.

So, if youโ€™re considering a variable rate with the plan to lock in later, make sure you understand these three things first.

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

10/08/2026

Are you having difficulty running the numbers on that dream home down the street that just came up? Or are you trying to figure out how much your closing costs will be on that $700,000 house you just bought?

Did you know that I have a mortgage calculator app you can use? Thereโ€™s also a mortgage calculator right on my website!

Itโ€™s an easy way to run the numbers and get a better idea of what your purchase could look like.

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

A lot of people think you have to be a first-time home buyer to purchase a home with the minimum down payment. Thatโ€™s no...
10/07/2026

A lot of people think you have to be a first-time home buyer to purchase a home with the minimum down payment. Thatโ€™s not true!

As long as the home will be your primary residence and you meet the mortgage qualification requirements, you can purchase with the minimum required down paymentโ€”whether itโ€™s your first home or your 10th. That means 5% down up to $500,000 and 10% down for the portion between $500,000-$1,499,999.

You donโ€™t need 20% down just because youโ€™ve owned a home before.

If this misconception has been holding you back from making your next move, letโ€™s chat about what your options could look like.

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

Have you recently gone through a separation, or are you in the midst of separating?Did you know that you should update t...
10/05/2026

Have you recently gone through a separation, or are you in the midst of separating?

Did you know that you should update the CRA and let them know about your change in marital status?

If you have kids, your Canada Child Benefit may increase once the CRA knows youโ€™re separated. So, make sure you update them and let them know about the change in your status.

๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

๐ˆโ€™๐ฅ๐ฅ ๐›๐ž ๐š๐ญ ๐ญ๐ก๐ž ๐’๐ก๐จ๐ฉ ๐‚๐ฅ๐š๐ซ๐ข๐ง๐ ๐ญ๐จ๐ง ๐’๐ก๐จ๐ฐ๐œ๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ญ๐ฎ๐ซ๐๐š๐ฒ! Come out and discover some of the amazing businesses right here i...
10/02/2026

๐ˆโ€™๐ฅ๐ฅ ๐›๐ž ๐š๐ญ ๐ญ๐ก๐ž ๐’๐ก๐จ๐ฉ ๐‚๐ฅ๐š๐ซ๐ข๐ง๐ ๐ญ๐จ๐ง ๐’๐ก๐จ๐ฐ๐œ๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ญ๐ฎ๐ซ๐๐š๐ฒ!

Come out and discover some of the amazing businesses right here in our communityโ€”and make sure you stop by my booth and say hi!

Itโ€™s FREE to attend, plus the first 700 visitors will receive a swag bag and thereโ€™s a chance to win a TV from MTC Factory Outlet.

Saturday, October 3
โฐ 10:00 a.m. โ€“ 4:00 p.m.
๐Ÿ“ Garnet B. Rickard Recreation Complex

Bring your friends, bring your family, and come Shop Clarington!
๐Ÿ“ฑ (289) 274-7607
๐Ÿ“ง [email protected]

Address

Toronto, ON

Telephone

+14167062307

Website

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