Natalie Korchuk Toronto Real Estate

Welcome to Natalie Korchuk Toronto Real Estate Sign in | Help

Browse by Tags

All Tags » Mortgage   (RSS)
Showing page 1 of 2 (15 total posts)
  • Mortgage pre-approvals demanded by most of home sellers

    The majority of home sellers say that they would only consider offers from buyers who had already been pre-approved for a mortgage. A poll by Scotiabank found that 61 per cent of sellers seek those with approval and that 69 per cent of buyers are likely to have pre-approval before they begin hunting for their new home. Overall 83 per cent of ...
    Posted to Natalie Korchuk (Weblog) by 538345 on November 24, 2015
  • Lower rates will boost buyer confidence

    As the Royal Bank of Canada leads other major banks in lowering five-year fixed mortgage rates, some industry experts believe there won’t be much of an impact on how the housing market performs in 2015.   “I don’t believe a quarter-point will make a significant difference,” said Justin Kua, a ...
    Posted to Natalie Korchuk (Weblog) by 538345 on January 28, 2015
  • New price! Home with walk-out finished basement $679,000

    [photo:listing:134146447] Finished walk out basement. Open Concept • 5 bath, 4 bdrm 2 story - MLS® $679,000 - Fabulous corner lot! Bradford, Bradford West Gwillimbury  -  Fabulous Bradford location! Homes Like That Don't Come Up For Sale Very Often. ...
    Posted to Natalie Korchuk (Weblog) by 538345 on November 4, 2014
  • Interest rates will remain low for a while - Scotia bank

    The Bank of Nova Scotia has released a new forecast which tells Canadians to expect low interest rates until 2014. In the forecast, Scotiabank economists Dov Zigler and Derek Holt estimate the economy will likely average 1.9 per cent growth this year, and 1.8 in 2013. “At best, we’re going to see a very slow-growth environment with ...
    Posted to Natalie Korchuk (Weblog) by 538345 on August 19, 2012
  • Mortgage Rate. Qualifying Rate.

    Mortgages with variable rates or fixed terms under five years typically require that you qualify at a higher rate (called the “qualifying rate.”). For example, if you apply for a 2.25%, 5-year variable mortgage, the lender might make you qualify at their posted 5-year rate (5.39% for example). Qualifying rates are ...
    Posted to Natalie Korchuk (Weblog) by 538345 on July 18, 2012
  • Did you know that the overnight target rate has now been static for a record 678 days?

    Once again, Mark Carney and committee have left Canada’s  core interest rate unchanged. Our economy still isn’t firing on all cylinders, says the Bank of Canada. This suggests that mortgage holders can likely expect the 3.00%  prime rate to remain as is for a number of months. Here were some focal points ...
    Posted to Natalie Korchuk (Weblog) by 538345 on July 18, 2012
  • A different view at 2nd Mortgage

    There are so many benefits to registering a second mortgage on those deals as a way of protecting your investment [ your own home or your real estate investment]. In placing that secondary lien – equal to their investment amount – money investors place themselves second in any queue of creditors resulting from a default. ...
    Posted to Natalie Korchuk (Weblog) by 538345 on April 20, 2012
  • Canadians don't regret their mortgage choices

    Canadians have heard the many cautions about carrying too much debt and are taking action to insulate themselves from future economic downturns, says an annual report by the Canadian Association of Accredited Mortgage Professionals (CAAMP). Highlights of the report say: * About one-third (32 per cent) of homeowners with mortgages had some ...
    Posted to Natalie Korchuk (Weblog) by 538345 on November 16, 2011
  • TD Mortgages To Become Collateral Charges

    TD is making a big change with respect to how it registers its mortgages.  Effective October 18, all new TD mortgages will be registered as “collateral charges.” A collateral charge is a different way to secure a home loan than a standard mortgage. "The terms of a collateral mortgage are outlined in a loan agreement ...
    Posted to Natalie Korchuk (Weblog) by 538345 on December 11, 2010
  • 3 Months Mortgage Review

    Key developments since the August update:Economic growth concerns reached a peak for the year but have since subsided (slightly) The 5-year bond yield (which leads fixed mortgage rates) fell to 18-month lows before rebounding strongly Prime rate rose 25 basis points to 3.00% Fixed mortgage rates hit all-time lows...again Current ...
    Posted to Natalie Korchuk (Weblog) by 538345 on November 15, 2010
1 2 Next >