Sherwood Mortgage Group, Maurice Kwok, MBA MA CPA

Sherwood Mortgage Group, Maurice Kwok, MBA MA CPA Helping Canadian homeowners and buyers save more and stress less with tailored mortgage solutions. Proudly serving GTA Toronto for 20 years!

09/03/2026

Bank of Canada holds rates at 2.25% (7th consecutive hold).

Trade talks and oil volatility are pushing inflation to 3%.

Comment "REBUILD" below or visit MortgageMaurice.ca for your custom renewal strategy.

—
Maurice Kwok, MBA, CPA
Sherwood Mortgage Group (FSRA #12176)

🏡 Nearly 8 in 10 Toronto-area homes sold below asking price in July.With more properties to choose from and less bidding...
08/27/2026

🏡 Nearly 8 in 10 Toronto-area homes sold below asking price in July.

With more properties to choose from and less bidding pressure, buyers are gaining greater negotiating power in a more balanced market.

For buyers, this may create opportunities to negotiate on price and conditions. For sellers, realistic pricing and a strong marketing strategy are increasingly important.

Read my latest market update—the link is in the first comment.

🏠 Best 5-Year Adjustable Mortgage Rate: Prime − 1.00%A very competitive rate opportunity for qualified homebuyers:✅ High...
08/24/2026

🏠 Best 5-Year Adjustable Mortgage Rate: Prime − 1.00%

A very competitive rate opportunity for qualified homebuyers:

✅ High-ratio insured mortgage
✅ Owner-occupied property
✅ Purchase transaction
✅ Closing within 90 days
✅ Available August 24–29
✅ No pre-approval rate hold
✅ Online application

If you’re planning to buy a home, a lower mortgage rate can make a meaningful difference to your monthly payment and overall borrowing cost.

Every borrower’s situation is different, so qualification, income, credit and property details all matter.

📞 416-618-9312
MortgageMaurice.ca

Maurice Kwok, MBA, CPA
Mortgage Broker • 郭澤文 • 國粵語
Sherwood Mortgage Group, FSRA Lic. #12176

Rate subject to change without notice. E.&O.E.

🏡 Canada’s housing market is moving back toward balance.The latest July 2026 data from the Canadian Real Estate Associat...
08/24/2026

🏡 Canada’s housing market is moving back toward balance.

The latest July 2026 data from the Canadian Real Estate Association (CREA) shows a more stable housing market, with buyers and sellers moving toward healthier conditions.

Home sales increased 0.5% from June on a seasonally adjusted basis, while new listings declined 1.6%. The national average home price remained relatively stable at $674,819, up just 0.2% from a year ago.

For homebuyers, a more balanced market can mean more time to compare properties, arrange financing and complete proper due diligence. For homeowners and sellers, greater stability can make mortgage and real estate decisions easier to plan.

Whether you’re buying, refinancing, renewing, or simply reviewing your mortgage strategy, understanding where the market is heading can help you make a more informed decision.

🏠 I’ve put together a full breakdown of the July market update, including what the numbers could mean for homeowners and buyers.

Read the full Market Update from the link in the first comment.

Maurice Kwok, MBA, CPA
Mortgage Broker • 郭澤文• 國粵語
Sherwood Mortgage Group, FSRA Lic. #12176

05/06/2026

Looking for a reputable 2nd mortgage?

🇨🇦 Glad to have completed my 2026 Continuing Education (CE) requirements ahead of the FSRA renewal deadline.This include...
02/07/2026

🇨🇦 Glad to have completed my 2026 Continuing Education (CE) requirements ahead of the FSRA renewal deadline.

This includes mandatory Conduct CE (7 hours) and professional training in Anti-Money Laundering (AML) (5 hours) and Cybersecurity (5 hours) — all part of staying current with regulations and protecting clients in today’s evolving environment.

Continuing education isn’t just a requirement. It’s part of my commitment to serving clients with care, diligence, and up-to-date knowledge.

Refinance vs. Second Mortgage: Which Saves You More? 🏠⚖️Many GTA homeowners are sitting on significant equity but feel "...
02/05/2026

Refinance vs. Second Mortgage: Which Saves You More? 🏠⚖️

Many GTA homeowners are sitting on significant equity but feel "locked in" by their current mortgage rates. If you need cash for a renovation, debt consolidation, or an investment, you don't always have to "break" your mortgage.

Here is the deep dive on your two main options:

1. The Refinance (The "Fresh Start") When you refinance, you break your current mortgage contract and replace it with a brand-new one.

Best for: Consolidating high-interest debt (like credit cards at 19%+) into a single 4-5% payment.

The Catch: If you are mid-term, you may face prepayment penalties. We need to calculate if the interest savings outweigh the fee.

2. The Second Mortgage (The "Surgical Strike") This is a separate loan that sits behind your primary mortgage. You keep your existing low-rate 1st mortgage exactly as it is.

Best for: Homeowners who have a "unicorn" low rate from a few years ago and don't want to lose it, but need $50k-$100k for a project.

The Catch: Interest rates on second mortgages are higher than first mortgages, but because you aren't paying a penalty to break your main loan, it often ends up being the cheaper total path.

The Maurice Kwok Advantage: With 30+ years of experience as an MBA and CPA, I don't just "find loans"—I build financial strategies. I’ll run the math on both scenarios to show you exactly which one keeps more money in your pocket.

👇 I’ve posted the link to my full technical breakdown and calculator in the comments below!

Maurice Kwok, MBA CPA | Mortgage Broker
Sherwood Mortgage Group, FSRA Lic. #12176
📞 Call/Text/WhatsApp: 416-618-9312
📧 Email: [email protected]
📍 Serving the GTA & Beyond

Homeowners:Bank said NO to a mortgage refinance?You may still have options. 🏡Many homeowners are turned down by banks du...
01/16/2026

Homeowners:
Bank said NO to a mortgage refinance?
You may still have options. 🏡

Many homeowners are turned down by banks due to strict stress tests, income calculations, or debt ratios — even when they have solid home equity.

That doesn’t always mean the end of the road.

A 2nd mortgage may help you:
• Consolidate high-interest debt
• Lower monthly cash-flow pressure
• Create breathing room while you work toward a longer-term plan
• Avoid breaking your existing first mortgage — potentially saving thousands in penalty costs

Options may include:
• Trust “B” lenders – more flexible than banks, especially for self-employed borrowers
• Private mortgage lenders (MICs) – equity-focused solutions for short-term needs

Every situation is different. The key is choosing the right structure and having a clear exit strategy.

📞 Text / WhatsApp / call me at (416) 618-9312

Maurice Kwok, MBA CPA MA
Mortgage Broker
Sherwood Mortgage Group
Lic. #12176

With Sherwood Mortgage Group – I'm on a streak! I've been a top fan for 4 months in a row. 🎉
01/14/2026

With Sherwood Mortgage Group – I'm on a streak! I've been a top fan for 4 months in a row. 🎉

6 in 10 Canadians expect the economy to worsen in 2026.That concern is real — higher living costs, job uncertainty, and ...
01/14/2026

6 in 10 Canadians expect the economy to worsen in 2026.

That concern is real — higher living costs, job uncertainty, and ongoing pressure on household budgets are weighing on many families.

But the full picture isn’t all bleak.

According to the same report, financial breathing room has improved for some Canadians, especially those who are taking proactive steps — adjusting budgets, restructuring debt, and seeking professional guidance.

Planning doesn’t remove uncertainty, but it creates options and breathing room.

Don’t wait — let’s build your plan today. 🏡

Source link in comments.

Address

529 Wilson Avenue
Toronto, ON
M3H1V1

Telephone

+14166189312

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