MC Mortgage Solutions

Big news! The Bank of Canada has just dropped the key interest rate by 0.25%, bringing it down to 4.25%. This is the third cut in a row as inflation eases.

With inflation now sitting at 2.5% (July), the focus is on boosting economic growth while keeping prices steady. Governor Tiff Macklem has hinted that more cuts could be coming if inflation keeps dropping.

Thinking about your mortgage or refinancing options? Now’s a great time to reassess your plan!

Did you know that you could schedule a free consultation with us?
These changes could work in your favour.
🗓️ https://www.mcmortgagesolutions.com/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

Wishing you a Happy Labor Day!

If you are carrying high-interest debt on a credit card or line of credit, reach out to explore your options. Refinancing your mortgage to pay off high-interest debts can reduce stress and potentially increase your monthly cash flow.

Reach out and let's go over all of these options today.

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

Accessing the equity in your home and using it to increase your financial well-being can be a solid financial strategy. Below are three examples of how your equity can help improve your wealth.

Renovations 🛠️ – the right renovations not only make your living space more enjoyable but also increase the value of your property.

Investing 🏦 – whether investing in a second property or the stock market, using the equity in your home to make money is a great way to increase wealth.

Education 🎓 –Whether it is career advancements or post-secondary education, pursuing further studies is an investment that can benefit you financially in the long run.

Take control of your financial future by making the most of your home's equity. Let's chat today!

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

Upgraded Grand Prize!

Don't miss out—visit our booth and participate in our raffle for a chance to win amazing prizes worth over $1000! 🎁

See you later!

🌟 Guest Celebrities: Ariel Rivera and Carol Banawa
🗓️ Date: July 27 and 28, 2024
📍 Location: Bayfront Park, Hamilton, ON

The Buendia Team, in collaboration with MDY Property Management's Mary Buendia-Fernandez and MC Mortgage Solutions' Marisa Nguyen, have prepared a variety of fun and exciting activities for you!

Are you ready? Just two more nights!

See you this weekend!!!

Just visit our booths (yes, BOOTHS because we're having two booths at this event!!) and sign up 😉 You even get to spin the wheel for a fun prize upon signing up!

We've made big partnerships to make this giveaway bigger and better!

Kitakits!!

📅 Dates: July 27 & 28
📍 Location: Bayfront Park, Hamilton, ON

While many people decide to co-own a home for cultural reasons or to help take care of elderly parents or young children, more Canadians are now turning to co-ownership as a means to combat housing in-affordability.

By dividing the cost of a home between more people, Canadians can get their foot on the property ladder more easily and expand their home search to more desirable locations or larger properties that may not have been accessible with their budget alone.

A co-ownership strategy allows you to get into a home today, build equity, cash out, and then buy your home with the equity you’ve built over the first four or five years.

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call at (905) 304-8883 or email us at [email protected]

🌟 Our team never stops!! 🌟

We don’t just keep up with the market; we’re out there actively working on weekends to network and stay connected. This past weekend, one of our dedicated team members spent time visiting open houses, chatting with professionals, and expanding our reach. It’s been super productive!

We are committed to giving the best service to our clients and business partners!!

Did you know around 25% of Canadians are renewing their mortgage this year?

A recent study by Mortgage Professionals Canada found that 76% of them are worried about higher rates. With the next Bank of Canada announcement on July 24th, having a rate hold ensures you get a better possible rate when you're ready to close your mortgage.

If you’re feeling the same way, don’t worry—we’re here to help you find the best rates and make the process as smooth as possible.

Let’s chat and take the stress out of your mortgage renewal!

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

Cheers to our rich heritage, incredible people, and bright future. Here's to the land of maple leaves, friendly faces, and endless possibilities🍁Happy Canada Day, everyone!!

If your home will be owner-occupied, you need 5% down for the first $500,000 of the purchase price, and 10% for any amount over $500,000 up to $999,999. If the purchase price is $1,000,000 or more, the minimum down payment is 20%.

According to CMHC’s Mortgage Consumer Survey, most homebuyers are accessing their savings or equity from a previous home for their down payment. Followed by RRSP savings and gifts from family members.

Ready to expand and purchase your next property? Most homebuyers use their savings or home equity—how will you fund yours?

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

While you're enjoying the sun and outdoor activities, don't forget the house that keeps you warm through the winter. Here are some essential tips to keep your home protected:

Security Measures:
In summer, break-in rates increase as many people leave their houses for vacations or travel. Prevent this by installing security systems such as alarms, surveillance cameras, and motion detectors.

Fire Prevention:
High temperatures can cause fires quickly. Be sure to remove any dry branches and leaves, install a fire alarm, and check if smoke detectors are working.

General Maintenance:
After every season change, run maintenance on multiple things like your air conditioner to avoid it breaking down in the middle of extreme heat. Implement measures to control pests that are more active during the summer such as mosquitoes and rodents.

By taking these steps, you can enjoy a safer, worry-free summer! ☀ Stay safe and have fun! 🌴

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

If you have owned your home for several years, you most likely have a large amount of equity. You can use this equity to purchase a rental property and increase your monthly cash flow.

With rent prices currently up on average 9.3% Year over Year, combined with a record-high population increase, there has never been a better time to explore owning an income property.

How do you plan to make the most of your home's equity?

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

Typically, for every 0.25% reduction, mortgage holders save around $15 per $100,000 of their mortgage. While this might seem small, Bank of Canada Governor Tiff Macklem mentioned that more cuts are "reasonable" to expect.

TD forecasts the rate to decrease to 4.25%, while CIBC and RBC anticipate it dropping to 4% this year. A full percentage point reduction could lead to huge savings.

What are your thoughts on the predicted mortgage rate changes?

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

Whether you're looking to sell or refinance, knowing your property's market value is important. Here are the factors that affect it:

Location: The neighborhood's quality, nearby amenities (schools, parks, shopping centers), accessibility, and future developments all play a role.

Property Size and Layout: Important aspects include total square footage, number of bedrooms and bathrooms, the overall layout, and the lot size.

Condition of the Property: Consider the property's age, state of repair and maintenance, quality of construction and materials, and any recent renovations or upgrades.

Comparable Properties: Recent sales and current listings of similar properties in your area help estimate your property's value.

Market Conditions: Supply and demand, economic indicators like interest rates and employment rates, and seasonal trends can influence a property's market value.

External Factors: Zoning laws, land use regulations, environmental factors, and nearby nuisances also impact value.

Got questions? Let's talk! I'm here to help.

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

🚨 The Bank of Canada has just cut its benchmark rate to 4.75%, the first reduction in two years! 📉

If you have a variable-rate mortgage or debt tied to the central bank's rate, you’ll see lower interest payments immediately.

This move was expected as inflation dropped to 2.7% in April, down from a 40-year high in 2022, and the economy is slowing.

Governor Tiff Macklem has hinted at more rate cuts if inflation continues to fall, but decisions will be cautious. Stay tuned for the next rate announcement on July 24th. 🗓

Curious how this affects you? Schedule a free consultation with me to understand your options!

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

Your credit score plays a big role in determining your loan options. Want to boost your score and get closer to owning your dream home? Here are three tips to keep in mind:

1. Pay Bills on Time: Making timely payments on your bills, including credit cards and loans, really helps.
2. Reduce Debt: Focus on paying down your debts, especially those high-interest credit cards.
3. Limit New Credit Inquiries: Try to avoid applying for new credit cards or loans just before applying for a mortgage.

Improving your credit score can help you get a better mortgage option, making your dream home more affordable. 🏡✨

Need more tips or have questions about the process? Let’s chat today. I’m here to help you every step of the way!

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

A recent CMHC report shows that Canadian seniors are increasingly choosing to stay in their homes into their 80s and 90s, which could affect the housing supply. 🇨🇦💼

As Canadians are living longer, healthier lives and opting to remain in their homes well into their later years, reverse mortgages are gaining popularity. 🇨🇦💰

Learn how reverse mortgages can help seniors unlock the equity in their homes, providing financial flexibility and enabling them to age in place comfortably. Enjoy a rewarding and fulfilling lifestyle at home, even in your golden years. 🌟🔑

Give me a call today at (905) 304-8883 or email me at [email protected] / [email protected]

Great time yesterday at the Haventree Bank update event! Staying on top of market trends, business strategies, and digital innovation. We're always active in the business!

Did you know that Victoria Day is Canada's oldest holiday and the only country to celebrate it? It also unofficially marks the start of summer.

Happy Victoria Day long weekend! 🍁

Why everyone's talking about homeownership—here's what you need to know

Let’s break down some key benefits:

🏠 Stability & Security: Say goodbye to sudden rent hikes or eviction worries. Owning a home provides stability and security for you and your family.

🏠 Build Equity: Your monthly payments go toward building equity in your own property instead of paying rent.

🏠 Investment Potential: Real estate historically appreciates over time, offering the potential for long-term wealth accumulation.

🏠 Unleash Your Productivity: Customize your home to your taste, from paint colors to renovations, and make it truly yours.

🏠 Community & Roots: Settle down and become part of a community, building strong connections and a sense of belonging.

🏠 Cherished Memories: From a child’s first steps to the joy of shared laughter with friends, fill your home with cherished memories.

Let's discuss how you can start!

Get a free consultation with me ↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

🌟 Exciting update for first-time homebuyers! 🏠 The RRSP withdrawal limit for your first home purchase has now increased to $60,000, up from $35,000. Unlock more funds for your dream home! 💸 Plus, enjoy an extended repayment period—now 5 years instead of 2 for withdrawals made between Jan 1, 2022, and Dec 31, 2025. 📅

Thinking about buying your first home this year? Let’s make it happen!

Got questions? Get a free consultation with me ↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

The market is slowly picking up so we're staying on top of the latest market insights and strategies. Started the day with a Breakfast & Learn session with the team at First National. Always learning to serve our clients better 😁

If you're looking to stay comfortable in your home and maintain ownership, a reverse mortgage might be just what you need. It’s a simple way to secure extra income for your retirement, giving you the financial freedom to enjoy your golden years worry-free. 🌟

Here's how it can help you with your retirement:

• Boost your cash flow without monthly payments—perfect if you’re finding it a bit tight financially. 💸

• This can offer relief if you're struggling to make ends meet, as it requires no monthly repayments

• Use the funds however you see fit: clear debts, spruce up your home, or cover other expenses. The choice is yours! 🛠️

Let’s chat about how this could work for you! Let's chat today. 📩

Get a free mortgage consultation ↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

Happy Easter! May your long weekend be filled with love, joy, and treasured times with loved ones 🐰❤️

Elevate your home's value and style with these five essential kitchen upgrades:

• Kitchen Cabinets: Refresh your kitchen's look with modern cabinetry, adding both style and functionality.

• Updated Countertops: Elevate your kitchen's appeal with sleek, durable countertops in granite or quartz.

• New Cabinet Hardware: Simple yet impactful, new k***s and pulls can transform your kitchen's overall aesthetic.

• Smart & Energy-Saving Appliances: Upgrade to eco-friendly appliances that save energy and offer convenience.

• Motion-Sensor Features: Incorporate motion-sensor lights and faucets for a touchless, hygienic kitchen experience.

Go for these kitchen upgrades – they'll make your space look amazing and may even boost your home's value!

Get a free mortgage consultation ↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

Finding the perfect mortgage is about more than just numbers – it's about finding the right fit for your needs. As your mortgage agent, I'm here to make sure you get a mortgage that suits your financial goals.

🔍 Customized Options: Whether you're a first-time buyer, upgrading, or investing, I'll personalize options just for you.

💰 Budget-Friendly: Your financial comfort matters. Let's talk about your budget and find mortgage options that keep you on solid ground.

🔑 Guidance at Every Step: Mortgages can be complex. I'll be your guide, breaking down the process and offering clear advice.

📈 Rates That Fit: Your financial journey is unique. I'll help you secure rates that match your profile.

🏡 Your Dream, Your Mortgage: Whether it's a cozy home or an investment property, I'm here to help you secure the mortgage that makes it happen.

Let's work together to find the perfect mortgage solution. Reach out today, and let's craft your tailored mortgage plan! 💼🏠

Get a FREE consultation with me↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]

Fixed or variable? How much of a down payment do you need? What is mortgage default insurance? Do you qualify for any first-time homebuyer incentives?

These questions may confuse you, and there are many more questions; it's okay, you are not the only one. That's why your mortgage agent is here. He will help you navigate the process, present you with options, and ensure you get not only the best rate but also the terms you need.

Feel free to reach out with any questions. I'm here to help.

Book your free consultation ↓↓↓
🗓️ calendly.com/marisanguyen/book-a-call

Give us a call today at (905) 304-8883 or email us at [email protected] / [email protected]