Interest Rates

Interest Rate - A Key Component of Your Mortgage

Deciding on the type of mortgage interest plan is one of the most important decisions a home buyer will make.

Your choice of mortgage plan can save you tens, even hundreds of thousands of dollars over the life of the mortgage. While we offer the best rates in the industry, obtaining the lowest rate does not guarantee the lowest total cost. (view current interest rates)

You also need to consider the following:

1) Are you obtaining the right term based on your plans and objectives?

2) Should you choose a fixed rate or variable rate mortgage?

3) Does it have the right features - portability, assumable, prepayment, etc.?

4) Is it tax efficient? Can you make your mortgage tax deductible?

5) Is it better to go for a lower interest rate or lower payments?

There are many lenders in Canada each offering different rates, terms and features, you need a mortgage broker who will guide you through the maze of mortgage products. Let us analyze your financial situation and objectives so you can obtain the best value for your mortgage. Get great rates and build wealth through your mortgage.

Call Tony Dhami 905 515 8587, or Sunil Khanna 905 719 7773.

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