Mrinal Parekh - Mortgage Alliance

01/25/2023

As anticipated, BOC increased the lending rate by 0.25%. It is the 8th straight hike by BOC & hopefully, they will pause the hiking cycle & assess its impact on higher inflation & consumer debt.

It's a testing time for many Canadians stuck in a Variable loan products, but today's announcement comes with some clarity on the path forward.

If you need to discuss or understand how it affects your personal situation. Please feel free to reach out for a conversation.

☎️ (416) 858-0367
📧 [email protected]

The Bank of Canada raised its key interest rate by 25 basis points to 4.5%, but economists think rates will go on hold from here. Read on.

07/13/2022

In an unprecedented move BOC raises interest rate by 1%.
Please feel free to reach out to discuss how this will affect your personal mortgage situation & the path forward.

Mrinal Parekh
416-858-0367
[email protected]

The benchmark borrowing rate is now 2.5 per cent as policymakers move aggressively to confront inflation, Kevin Carmichael writes. Read on.

04/13/2022

As widely expected Bank Of Canada hiked interest by 0.5%.

To understand how this change makes a impact for a Variable Rate Mortgage consumer feel free to reach out for a confidential Mortgage counseling 🏡🏦

☎️ 416-858-0367
📧 [email protected]


#12773

The Bank of Canada raised its key interest rate by 0.5 per cent for first time in 22 years to battle soaring inflation.

02/21/2022

Happy Family Day 🥳🏡👨‍👩‍👧‍👧🥘

Relax, Unwind & Recharge for the week

Contact me for a confidential Mortgage counseling.

☎️ 416-858-0367
📧 [email protected]


#12773

11/04/2021

07/17/2021

On lighter note of Sound Mortgage Advice 👰🏡🤵

𝑯𝒆𝒍𝒑𝒊𝒏𝒈 𝒀𝒐𝒖 𝑴𝒂𝒌𝒆 𝑰𝒕 𝑯𝒐𝒎𝒆!

𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙩𝙤𝙙𝙖𝙮
📞☎️ ‪(416-858-0367)‬‬‬‬‬‬‬‬‬‬‬
📧 [email protected]

#12773

07/10/2021

𝑯𝒆𝒍𝒑𝒊𝒏𝒈 𝒀𝒐𝒖 𝑴𝒂𝒌𝒆 𝑰𝒕 𝑯𝒐𝒎𝒆!

Reach out to us at The Mortgage Division so we can 𝐡𝐞𝐥𝐩 𝐲𝐨𝐮 𝐦𝐚𝐤𝐞 𝐢𝐭 𝐡𝐨𝐦𝐞 by obtaining a suitable mortgage!

𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙩𝙤𝙙𝙖𝙮
📞☎️ ‪(416-858-0367)‬‬‬‬‬‬‬‬‬‬‬
📧 [email protected]

#12773

07/01/2021

Wishing you a Happy Canada Day 🇨🇦 🇨🇦

Stay safe & enjoy your long weekend with your loved ones.

📞☎️ ‪(416-858-0367)‬‬‬‬‬‬‬‬‬‬
📧 [email protected]
#12773

06/22/2021

This is why it is so important to educate your clients on the mortgage terminology & process.

Connect with me anytime to get answers to all your financing questions.

📞☎️ ‪(416-858-0367)‬
📧 [email protected]

#12773

06/01/2021

Today, on 𝗝𝘂𝗻𝗲 𝟭𝘀𝘁 𝟮𝟬𝟮𝟭, there has been some impactful changes to the mortgage '𝘀𝘁𝗿𝗲𝘀𝘀 𝘁𝗲𝘀𝘁' that have taken effect.

The qualifying rate is the rate in which you will have to qualify for your mortgage loan, not the rate you will pay on your loan.

What does 𝗾𝘂𝗮𝗹𝗶𝗳𝘆𝗶𝗻𝗴 look like now?

𝗕𝗼𝘁𝗵 𝗶𝗻𝘀𝘂𝗿𝗲𝗱 𝗮𝗻𝗱 𝘂𝗻𝗶𝗻𝘀𝘂𝗿𝗲𝗱 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲𝘀 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱 𝘁𝗼 𝗾𝘂𝗮𝗹𝗶𝗳𝘆 𝗮𝘁 𝘁𝗵𝗲 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗿𝗮𝘁𝗲 (𝘁𝗵𝗲 𝗿𝗮𝘁𝗲 𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗲𝗱) + 𝟮% 𝗼𝗿 𝟱.𝟮𝟱% -- 𝘄𝗵𝗶𝗰𝗵𝗲𝘃𝗲𝗿 𝗶𝘀 𝗴𝗿𝗲𝗮𝘁𝗲𝗿.

If you are concerned or have questions with the change to your purchasing power, please contact mr and I will run the numbers for you. Chances are the impact will be less than you imagine and we will walk you through it along the way.

📞☎️ ‪(416-858-0367)‬
📧 [email protected]

#12773

05/24/2021

𝗛𝗮𝗽𝗽𝘆 𝗩𝗶𝗰𝘁𝗼𝗿𝗶𝗮 𝗗𝗮𝘆 !!
I hope everyone is enjoying their May Long Weekend! The pandemic has made things more difficult including holidays, but together we will get through it. Hoping you and your families are staying safe and healthy!