Danny Bell
Mortgage Broker - M13001996
Tel: 905-426-4200 | Cell: 289-200-9061 | Fax: 905-426-4201
A quick update on the mortgage market:
- Core inflation continues to rise, causing pressure to increase fixed and variable rates
- Home inventory is rising but sales are dropping, which could lead to price reductions
- Bank of Canada is expected to increase the overnight rate (likely October)
- Rates aren't expected to decrease until end of 2024
- Mortgage growth hit the lowest level since 2001
Danny Bell, AMP
Mortgage Broker | Lic.#M13001996
C. 289-200-9061
T. 905-426-4200
W. www.strictly-business.ca
The Mortgage Centre
Durhammortgage.com Ltd. | Est. 1993
Reg. #10231
Whether you are first-time buyer or an experienced buyer with excellent credit, The Mortgage Centre has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Learn MoreThrough training and certification, we have a good understanding of available products, features, and rates. We are here to keep your mortgage moving forward with our Mortgage Market technology, we have electronic access to various major lenders in Canada, so you’re not tied to one lender or one type of mortgage.
Learn MoreWe understand that mortgages can be confusing and intimidating. To help demystify the process, The Mortgage Centre provides a glossary and a variety of free calculators to assist you in researching, and planning your mortgage.
Learn More