Weekly Digest———November 22nd, 2023 Bridge LoansIn this video, I'll be going over a couple of bridge loan examples. We've had real estate agents from different teams reach out for help, so I wanted to provide some guidance. I'll discuss scenarios where clients need bridge loans without...
Matthew and Sean at Connolly Capital did a great job in working with us to secure suitable financing for us to bridge between two homes. They were patient, professional and a pleasure to deal with. - Ross MacHattie...
Weekly Digest ——— November 9th, 2023 Fixed Rate Improvements 5 year bond, October 19th = 4.36%5 year bond, November 7th = 3.82% The last time the 5 year bond was at this level was in September. Why the sharp drop? After the US Fed meeting Nov 1st (more on this below)...
Once again, Sean at Connolly Capital has been extremely helpful, patient, professional and most important reachable during this process. Would highly recommend Sean and his team for your mortgage and refinancing needs, especially in challenging economic times. I will continue to use the for all...
Great service and very organized. - Robert...
The loan process was very easy and fast! Very easy to work with this great company. I recommend 100%. - Brandon Avila...
Weekly Digest ——— October 26th, 2023 Bank of Canada Holds The B.O.C held the overnight rate at 5.00% Wednesday morning. But what happens now? Wednesday’s decision was expected (85% odds of a hold). However, in their announcement, the B.O.C is now projecting that inflation will not return to the...
Weekly Digest ——— October 19th, 2023 Inflation Cools Inflation was expected to remain flat at 4.00%, but a strong report this week showed a slowdown to 3.80%. This has moved the needle on a Bank of Canada increase from a 50/50 chance, to only 15% as of today. We are...
I am a realtor who deals with many different mortgage brokers over the course of many years. Matt, John and his team are the most efficient, on the ball broker's I have ever dealt with. I use them personally for my own stuff. I highly...
Weekly Digest ——— October 6th, 2023 After a week off last week to run the Berlin Marathon, we are back with our weekly newsletter. If you have any questions, do not hesitate to reach out. Prost! Fixed vs Variable Rates - Up for Debate Have you heard this before? Fixed rates are...