Swivel Mortgage

Happy Friday! Ending off the week with another 5 Star Review for the incredible .ca!

Kicking off the week with another 5 Star Review for the wonderful !

What you can expect when working with a Swivel agent/broker:
✅Great Rates
✅ Exceptional Service
✅Seamless Experience

Great job !

Kyle Macdonald's journey from a paperclip to a two-story farmhouse is legendary! Starting with a simple paperclip, he made 14 trades, including a music recording contract, an afternoon with rockstar Alice Cooper, and a movie role. His last two trades were particularly impressive: he traded a $90 snowglobe for the movie role, and then swapped that role for the farmhouse. All of this happened within just 3 days!

Thinking of trading up? Maybe start with your mortgage! 😉

We are thrilled to welcome our 2 newest team members Daniel Macpherson and Cheryl McArdle!  

Big News for Borrowers: Bank of Canada Cuts Interest Rates!

The Bank of Canada has just reduced its overnight rate by 25 basis points, marking the first rate cut since the pandemic began. The new policy rate is now 4.75%, down from 5%.

This decision comes as the Bank sees clear signs that inflation is easing sustainably. Governor Tiff Macklem stated, "We've come a long way in our fight against inflation, and our confidence in reaching our 2% target has increased."

For variable rate borrowers, this rate cut means lower interest rates on all your variable mortgage and lending products, making it a great time to explore financing options.

📅 Next Rate Announcement: July 24

Stay updated and find out how this rate cut could benefit you! Contact Swivel today for personalized advice and the best mortgage deals.

Swivel Mortgage Group Inc.
FSRA #13569

Our clients are the best! Another wonderful 5 Star Review for the amazing . If you need an expert on your side, contact Kam today!

https://mortgageweb.ca/kamsingh
[email protected]
647-946-5076

We are hiring! Check out our open roles at www.swivelmortgage.ca/careers.

Introducing our newest agent, Kumu! As a real estate investor and mortgage agent, Kumu's goal is to help clients navigate the complexities of securing the perfect mortgage for their dream home and investment properties.

Reach out to him today!
IG:
Tel: (647) 819-7449
Email: [email protected]

Check out this awesome review for ! At Swivel, you can always expect a 5 Star experience!

Another happy client!

Another 5 Star Review! Congrats !

Contact Stephanie today!
Tel: 647-243-2214
Email: [email protected]

We are absolutely thrilled and honoured to be named one of the Top Mortgage Employers in 2024 by Canadian Mortgage Professional. This recognition is a testament to the hard work and dedication of the entire Swivel team.

Categories:
Reputation: Gold
Advancement - Gold
Innovation - Silver
Diversity, equity, inclusion - Silver
Compensation - Bronze

Article: https://www.mpamag.com/ca/best-in-mortgage/best-mortgage-brokerages-and-lenders-to-work-for-in-canada-top-mortgage-employers/481994

We are excited to announce the addition of our newest team member . Janean has been in the mortgage broker industry for the past 2 years and joins Swivel as Mortgage Agent level 2. Prior to that, she held various sales roles in large organizations over the past 2 decades. She is eager to continue serving her extensive client base under the Swivel banner.

Please join us in welcoming Janean to the team!

Check out this amazing client testimonial! Thank you for always providing exceptional service to your clients.

Here’s how to reach Kam:
E: [email protected]
T: 647-946-5076
https://mortgageweb.ca/kamsingh

What it Means for You:

The Bank of Canada just announced that they’re keeping the policy rate at 5%, holding it steady since last July. Here’s the scoop in plain language:

Inflation Insights:

In January, things cost about 2.9% more than they did the year before (that’s inflation). The goal is to keep it around 2%, but we’re still a bit above that target. Gas and housing costs are the main culprits driving up prices, keeping inflation in the 3-3.5% range. The Bank is saying, “Hey, we need more time for the interest rates to do their magic and help control prices.”

Economic Snapshot:

Our Canadian economy is chugging along but not super strong. We grew by 1% last year. Jobs are growing, but not as fast as the number of people looking for work. It’s getting better, though, with job vacancies getting back to normal levels.

What the Bank is Thinking:

Tiff Macklem says it’s too early to think about lowering interest rates. He believes inflation will stick around 3% for a while before calming down in the second half of the year. Gas prices and how much it costs to keep a roof over our heads are major players in making prices go up.

What’s Next:

The next update is on April 10. We’ll keep you posted.

Swivel Mortgage Group
FSRA #13569
www.swivelmortgage.ca
[email protected]
647-794-7676

From our Swivel family to yours, Happy Family Day! May your day be filled with love, laughter, and the magic that family brings.



Swivel Mortgage Group
FSRA #13569

We are thrilled to welcome our newest Mortgage Agent ! Komalpreet is an experienced professional with 8 years of experience in sales, leadership, marketing strategies and client relations. Contact her today for all your mortgage needs!

Email: [email protected]
Tel: 647-213-3251
IG and TikTok:

Calling all Ontario Real Estate Professionals! Introducing Swivel's proprietary REALTOR+ Program!
Swipe through the slides to see some of the huge benefits available when you join this exclusive program.

Contact us today!
[email protected] or send us a DM!

Congratulations to for helping her clients secure their first home! 6 Star Rating!



Contact us today:
www.swivelmortgage.ca
647-794-7676
[email protected]

We were thrilled to help our clients to refinance their commercial property to consolidate debt, take out equity for business expansion and provide an operating line. If you are a business owner and need advice, reach out to us today!

www.swivelmortgage.ca
[email protected]
647-794-7676

When you work with a Swivel agent, you can expect great rates, exceptional service and a seamless experience. Every time.

Shout out to

A great way to kick off the week! Today, we welcome Sudharshan (Sud) Inbasekaran to the Swivel team. With 15 years of experience as a financial analyst, Sud brings a deep understanding of financial markets and financial planning strategies to his mortgage clients.

Sud is available to serve clients in English, Hindi and Tamil. Reach out to him today!

Tel: 437-688-1963
Email: [email protected]

We are excited to officially welcome .me to the Swivel team! Felix joins our Alberta team under our exclusive Realtor+ Program having been a licensed mortgage broker and realtor for over 10 years. He’s an advocate of consumer education with a stong focus on real estate investing and mortgage financing.

Check out his YT Channel: https://www.youtube.com/

To learn more about Swivel’s Realtor+ Program, contact us at [email protected].

Bank of Canada Update: Key Takeaways!
Just in – the Bank of Canada’s latest update. Rates are holding steady at 5%. No surprises here!

Quick Overview:

Global Scene: Worldwide, we’re seeing slowing growth, easing inflation, and economic challenges in the U.S., Euro area, and China. Oil prices took a $10 dip.

Canada’s Story: Our economy hit pause mid-2023. Consumers tightened belts due to higher prices and interest rates. Job marketing conditions are stabilizing, but wages still rising (4-5%).

Looking Ahead: Anticipate a comeback around mid-2024, with GDP growth projections at 0.8% in 2024 and 2.4% in 2025.

Inflation Insights: CPI inflation ended at 3.4%, primarily due to shelter costs. Expect a 3% inflation trend in H1 2024, easing to 2% in 2025.

Bank’s Strategy: Rates stay put at 5%, and they’re tidying up the balance sheet. The Bank’s watching inflation, focusing on the balance between supply and demand.

YOUR NEXT STEP: Stay informed! If you’ve got mortgage questions or need expert advice, reach out to Swivel Mortgage Group!

www.swivelmortgage.ca

[email protected]

647-794-7676

A big “Thank You” to the Thornhill community for recognizing us as one of the Top Brokerages in the area. 🙏

Here we grow again! We are excited to announce the addition of Akriti. Her professionalism, vast network and ability to serve clients in multiple languages is a tremendous asset to the team.

Tel: 647-886-1640
Email: [email protected]
Languages: English, Hindi, Punjabi, Urdu

Please join us in welcoming our newest addition .wong_realtor! Kevin has been a licensed realtor for the past 8 years specializing in working with growing families upsize their homes. He joins Swivel’s exclusive Realtor+ Program designed for dual-licensed professionals.

Kevin can be reached at:
Tel: 647-284-5502
Email: [email protected]
Mortgage site: www.mortgageweb.ca/kevinwong
Real estate site: www.propertyinthe6ix.ca

**If you’d like to learn more about our Realtor+ Program, email us at [email protected].**

We are thrilled to announce that Swivel Mortgage Group is the recipient of the Canada Choice Award in the Mortgage Broker category in Markham. A special thank you to our clients, partners and team for helping us achieve this great accomplishment.

We are thrilled to welcome Omari Alfred to the Swivel team! Omari has been in the financial services industry for nearly a decade and has spent the last 3 serving clients in the broker space. A great addition to close out 2023!