Mortgages by Gopi Menon

Thats good news for sure!

Happy Onam🌸

Another 0.25% Interest rate cut by BOC, more in future?.
The next interest rate announcements are on the 29th of Oct & Dec 10th 2024!.

Property prices are down and more interest rate cuts in the horizon. Home buyers, what are you waiting for?

Bank of Canada reduces policy rate by 25 basis points to 4½%

The cheapest rate might not be the best option based on your situation!.
Reach out to an expert who can advise you on what to look for!

What what??!!😳😳😳
Yeah, you read that right!! Get your Mortgage approved and forget about your payments for up to a year!.($25k in payments)
How?
Contact me for more info!!

Is it the time to renew your mortgage? Are you still being offered a crazy high interest rate by your bank? Call me for a better deal!!

No change in Interest rates!.

As expected, BOC has held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.
The next scheduled date for announcing the overnight rate target is March 6, 2024.

Mortgages by Gopi Menon New home buyer? Looking to Mortgage your Dream home?
Plan on refinancing your exisitng property?
Thi

Wishing you all a very happy and prosperous new year!
Cheers to a wonderful 2024🥳

Merry Christmas🎄🎄🎄

Being a DLC Mortgage Expert, I work within your unique needs and parameters. With access to over 90 lending partners, I will shop the market for you to find you the best mortgage rate and product. Call me today!.

Wishing you all a very happy Diwali 🪔

In Flanders fields the poppies blow
Between the crosses, row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.”

—John McCrae, Canadian poet, doctor and medical officer during WWI

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.

The next scheduled date for announcing the overnight rate target is December 6, 2023

Are you thinking about co-signing on a loan? If you’re looking to help out a family member or loved one, this is a great way to do that, as a co-signer can help overcome stress testing and borrowing limits. However, knowing the implications when co-signing on any loan is essential. As always, if you have further questions, reach out to me!!

Happy Thanksgiving!

Bank of Canada maintains policy rate, continues quantitative tightening.

The Bank of Canada today held its target for the overnight rate at 5%.

The next scheduled date for announcing the overnight rate target is October 25, 2023.

Happy Labour Day long weekend! Get out there and enjoy it.

Being self-employed should not deter you from getting a mortgage. You will just be required to provide a few additional documents and financial statements. Not to worry, though; contact me and I will provide a detailed list and guide you through the whole process!

എല്ലാവര്‍ക്കും ഹൃദയം നിറഞ്ഞ ഓണാശംസകള്‍ 🌹
Wishing you all a very happy happyonamand prosperous Onam

Planning for retirement involves understanding the intricacies of mortgages. If you're curious about your options and want to make informed decisions, we've got you covered!

1️⃣ Mortgage Matters: Your mortgage plays a pivotal role in retirement planning. Understanding the terms, rates, and payment strategies can set you up for financial stability, whether you're close to retiring or just starting.
2️⃣ Reverse Mortgage 101: Have you considered a reverse mortgage? These unique loans allow homeowners aged 55+ to convert home equity into tax-free cash without selling their property. We'll dive into eligibility, benefits, and important factors to consider.
3️⃣ Retirement Roadmap: Discover how mortgages, reverse mortgages, and other financial tools can impact your retirement roadmap. From managing debt to leveraging home equity wisely.

Want more details on these topics and how to achieve your retirement goals? Call me today!

Thaikkudam Bridge is coming to Canada.
Proud Sponsor!!

Bank of Canada raises key interest rate for the 10th time since March 2022.
BOC has increased the interest rates by 25 basis points again bringing it to 5%.

Not sure how to afford your current mortgage or buy a new house in this market?. Thats where I step in to help you.
Contact me today itself to discuss your unique needs!!

Happy Canada Day!