Mortgage Minute: 1st Edition

Mortgage Minute: 1st Edition

Mortgage Minute: 1st Edition

Posted on October 11, 2022

These days, everyone seems to have questions about how to navigate their financing. Every month we will provide a key insight from Mortgage Broker, John Chrisanthidis. See below for his latest Mortgage Minute.

“Current, existing and prospective homeowners who need financing are facing an interest rate environment we have not seen in over thirty years. We have seen rates across all terms and products rise dramatically. The question is: What does one do?

Remember a long term fixed rate is not the only option. Consider short term financing. Using a one or two year closed fixed mortgage can give certainty of payments to allow you to prepare a budget and also the flexibility to review finances after a year or two, along with renegotiating the rate and shopping your mortgage again. If rates come back down soon, and history indicates there is a good chance they may, you’ll be happy not to be locked in. "

For more information, feel free to reach out to:

John Chrisanthidis, Mortgage Broker (FSCO Lic. M08001294 Mortgage Intelligence FSCO Lic. 10428)

✉️ [email protected]

☎️ 416-890-1365

Work With Us

Book your free, no obligation, consultation today with one of our expert team members.

Get In Touch
© 2022 SKT. All Rights Reserved.
All statistics calculated using data available through REality™.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
Subscribe to Our Newsletter
Thank you for subscribing!
Would you like to receive information from us on exclusive listings, market updates and more? Join our mailing list!
{{ xhrError }}
No thanks
By subscribing to our newsletter, you agree to receive relevant periodic communications from The Sabrina Kaufman Team. You may unsubscribe at any time.
Sabrina Kaufman Real Estate Team Toronto

Get In Touch

Thank you for your inquiry!
We'll get back to you soon.
You have subscribed.
Would you also like to subscribe to our newsletter?
Yes, Subscribe
By subscribing to our newsletter, you agree to receive relevant periodic communications from The Sabrina Kaufman Team. You may unsubscribe at any time.
Your message will be delivered to
{{ contactPayload.agent }}
Send us a message and one of our team members will get back to you shortly.
{{ xhrError }}

Address

435 Eglinton Ave West
Toronto, ON, M5N1A4

Phone Number

Social Media