May Mortgage Market Update 2024     IMPORTANT: review disclaimers We are not economists. Our comments are anecdotal. For accurate interpretations and predictions watchers need to obtain professional advice. Each lender interprets and determines its own rates and theirs supersedes whatever we might say or do. We don’t guarantee the accuracy or validity of the […]

May Mortgage Market Update 2024     IMPORTANT: review disclaimers We are not economists. Our comments are anecdotal. For accurate interpretations and predictions watchers need to obtain professional advice. Each lender interprets and determines its own rates and theirs supersedes whatever we might say or do. We don’t guarantee the accuracy or validity of the […]

Openness is a big deal to us, so we thought our prospective clients would like to know that we’re a completely virtual organization. If this was the first date, we’d share the fact upfront. Yes – staff, organizing, meetings, the works – all 100% virtual. When entering into the mortgage process with our team, everything […]

It’s boring reading through puffed up marketing content. We’re bringing it back to basics – the core for doing what we do. Read on to find out why we love our mortgage community. 1. Our clients are information gatherers We love clients that are hungry for mortgage information – it leads to the right mortgage […]

Tools for the Mortgage Blues Having that mortgage chunk come out of your bank every month really bites. Everyone has days when they want to throw in the towel. With many years of experience going through the mortgage journey with our clients, we want to encourage you to keep up the hard work. We’ve put […]

The Mortgage Allies team is built on a foundation of our love for our clients, passion, humility, and excellence. We are driven by our hunger for providing great service, for achieving our goals with excellence, and for being smart with people. Whoever you are, wherever you are – our team will go the extra mile […]

Mortgage Allies brings you the latest mortgage news because we believe that our clients need to be informed and empowered when it comes to their mortgages. Just over a month ago we received some great news – the mortgage “stress test” rate reduction from 5.34 % to 5.19 %. This decrease is the lowest in […]

Understanding the different types of insurances involved in getting a mortgage. Some of the types of insurances are compulsory and others not.  Some of the insurance products that you need even sound the same. Our goals is to ensure that you get the right mortgage for you. That all starts by helping you understand what […]

Currently Ontario residents pay provincial land transfer tax on the purchase of real estate.  To date, only Toronto charges an additional municipal land transfer tax.  The Toronto municipal land transfer tax was decreed in 2008 under the then mayor of Toronto, David Miller.  The Toronto land transfer tax essentially doubles the tax a home buyer […]