At Bob Beach - The Burlington Mortgage Centre, I have been helping clients find the right mortgage for their needs for over twenty-five years. With the housing market constantly changing and mortgage options growing, it can be overwhelming for clients to navigate through the mortgage process. In this blog, I will share my expertise on how to find the right mortgage broker and how to choose the best mortgage for your needs.

For many years, traditional banks have been the go-to source for mortgage loans. However, the mortgage industry has undergone a major shift in recent years with the rise of non-bank and private lending. As a result, borrowers now have more options than ever before.
In this blog, I will explore the benefits of non-bank and private lending and why it may be a better option for you.
 

Are you tired of paying high-interest rates on your mortgage? Refinancing your mortgage can be a great way to save money on your monthly payments and overall interest paid over the life of the loan.
Bob Beach - The Burlington Mortgage Centre has helped many homeowners unlock the secrets of refinancing their mortgage and is here to share his expertise with you.
Here are some of the key points to consider when refinancing your mortgage:

Bob Beach - The Burlington Mortgage Centre wishes you and your family a happy and safe holiday season and all the best for the New Year 2023!

Happy Holidays from Bob Beach - The Burlington Mortgage Centre. Wishing you a joyous and safe holiday season and a Happy New Year 2022!

Original Article Source Credits:   Government Of Canada , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2020-12-29

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/interest-on-mortgages.html

Selecting a mortgage that meets your budget and needs can be a tricky affair. Since you’ll likely be paying back your mortgage over a long period of time, you want to secure a product that offers the best possible interest rate and terms. Even a fraction of a percent on your interest rate can either help you save or cost you thousands of dollars over the lifespan of the loan. 

If this is your first-time in home buying, you need to make sure your financial health is set before you begin. In case you have a low credit score or have a high debt payment, it’s best that you share this information with a reliable mortgage broker so that they can help you out or provide a realistic idea of whether you would qualify for a mortgage. These mortgage professionals will help you make sense of the mortgage jargon and do their best to get the best mortgage suited to your financial situation.

As a mortgage seeker, you’re naturally looking for a mortgage with the most favorable terms possible. However, to get the best product in the market, you first need to figure out how much you can afford, understand the different lending rules and mortgage requirements, and consider several other factors before taking the plunge and applying for a mortgage. 

Todays Mortgage rates for a Refinance or a Renewal are at Record Lows.

At 10 am eastern, the Bank of Canada made what was scheduled to be its 10th and final interest rate decision of 2020, one of the most active years in recent monetary history.

Filings from Canada’s largest banks showed that the vast majority of borrowers have now resumed regular payments, with just around 69,900 mortgages on payment deferral as of October 31.

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  NA

Original Article Posted on:  SEPTEMBER 29, 2020

Link to Original Article:  https://betterdwelling.com/canadian-mortgage-debt-passes-80-of-gdp-for-the-first-time/

Original Article Source Credits:   Toronto storeys , https://torontostoreys.com/

Article Written By:  Ainsley Smith

Original Article Posted on:  October 9, 2020

Link to Original Article:  https://torontostoreys.com/canadian-mortgages-risk-defaulting-rbc/

I'm Bob Beach, proud Owner of The Burlington Mortgage Centre.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

New Website Coming Soon!

We are currently revamping our website. Our new website will be interactive and mobile friendly!