Adam Underwood-Safebridge Financial Group

05/17/2022

Truly is an honour to help build out the right strategy for our clients. If you’re an experienced real estate investor or a first time buyer, or anyone in between, we have the ability to position the right financing products for you. It’s notes like these, that gives the push needed to better our practices and therefore offer exceptional service to our clients. Thanks KW, was a pleasure working with you!

Testimonial Tuesdays ✅

Amazing work by Adam Underwood-Safebridge Financial Group with his clients!

04/13/2022

Well it was inevitable, as we’ve been saying for the last few months. Today the Bank of Canada raised the Overnight Lending Rate again. Prime will follow suit shortly!​​​​​​​​
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Over the next six months or so we will more than likely see a few more rate hikes, but by the fall and into 2023 we suspect that they level off and possibly even come back down.
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As always, we will continue to keep you posted on any and all new developments. ​​​​​​​​
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Never hesitate to reach out regarding your mortgage. Fully transparent, and we will give you the same advice we follow personally.

This increases should result in roughly a $25/mth increase per $100k in mortgage amount. A far better option than converting to a fixed rate in our opinion.

03/02/2022

No surprise here, as the BoC increases its target rate .25%. No need for panic, we have great strategy for our variable rate clients. Please reach out with any questions/concerns. It would be a pleasure to help put your mind at ease.

Central bank takes first step in a push to bring runaway inflation back under control

01/26/2022

Despite doom and gloom of imminent increases which will mainly disrupt the variable rate environment. There is a strong strategy which will help you take advantage of cheap money while it lasts, and ultimately chip away at your mortgage balance in the short term. Ask me how.

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %.

03/13/2020

Another .50% from the last announcement, 9 days ago. Will lenders follow suit? Now would be a great time to look through your mortgage options.

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent. The Bank Rate is correspondingly 1 percent and the deposit rate is ½ percent. This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada’s economy arisin...

03/04/2020

It was inevitable

The move comes as no surprise, but will it help?

02/13/2019

Why do we stay with them? Complacency is a big reason. A lack of knowledge is another.

10/17/2017

Goodbye private enterprise. The Government is now controlling even non Government insured mortgages! http://ow.ly/zFxm30fWmCo

Starting in January, new regulations will make it tougher for Canadians to qualify for uninsured loans, affecting consumers with down payments of 20% or more

02/23/2017

20 questions you will need to answer when shopping for the best mortgage rate: https://t.co/zr9hTomLCf

They include where do you live, can you pass the government’s stress test and what is your credit score?

02/16/2017

Mortgages, I've got them! Even have access to a product for those first time buyers who are strong applicants but don't have that large lump sum for down payment. Let's chat about your options.