Blog by Tridac Mortgages

Financing Conundrum? No Problem With Experienced Toronto Mortgage Broker. Mixed Use Private Mortgage Financing

June 28th, 2010

What do you get when you try to buy a property that was once a jail, fire hall, dance hall & town hall? A financing conundrum.

This is exactly what one of our clients purchased, where we provided private mortgage financing.  The purchase is even more remarkable when you consider that the jail, fire-hall, town-hall and dance hall are joined as one property, on one deed.

This unique property ha ...

Mortgage Interest Rates - Toronto Mortgage Update

June 22nd, 2010
Toronto mortgage broker, Chris Molder, updates the mortgage market conditions, rates, and what it all means to you, through his weekly mortgage video blog.

It appears as if the mortgage rate market has stabilized after the bank of Canada’s decision to increase the prime rate earlier this month. While rates aren’t as low as the begining of 2010, mortgage interest rates still remain low histor ...

Mortgage Interest Rates - Toronto Mortgage Update

June 8th, 2010
Toronto mortgage broker, Chris Molder, updates the mortgage market conditions, rates, and what it all means to you, through his weekly mortgage video blog.

For the week of June 07, 2010, following the Bank of Canada’s recent interest rate announcement, we weren’t too sure in which direction the fixed rate market would move. Mortgage lenders responded by lowering their fixed rate mortgage rat ...

Mortgage Rate Increase - Bank of Canada - June 1, 2010

June 2nd, 2010
The Bank of Canada announced on June 01, 2010, that it was raising the prime rate by one-quarter of a percent. Canada’s economy is growing faster than expected along with inflation. But uncertainty about Europe’s debt crisis will affect how quickly interest rates can rise.  See the full Press Release.
 
If you are curious about "What Goes Into A Rate Decision" the Globe & Mail has created a g ...

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