Altruism (al-tru-ism): is the belief and practice for the well-being of others.
This reflects Brent Richardson and the Altrua mortgage team’s approach to education first, transparent, low rate mortgage service and our community.
Brent Richardson
Principal Mortgage Broker, Certified Financial Planner (CFP®), President of Altrua Financial Inc.
- Considered a Canadian mortgage thought leader: Get personalized answers to your questions, pre-approval information and quotes for exclusive low mortgage rates.
- Over 16 years of industry experience with 1800+ mortgages personally approved: Get a fast 1 day approval, increase your approval limit, lower your payment and rate. Get better mortgage options and approval results.
- 100% success rate: We have never had a pre approved mortgage application that we couldn’t close. Our clients are some of the happiest leaving over 150 5-star reviews.
- Certified Financial Planner (CFP®) credential: A unique tool set to help you reduce interest costs, save on income tax and build wealth faster.
- Average savings are $1,000+ per year, often $15,000+ over the life of a mortgage.
Daily Coverage of the Canadian Mortgage Market
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As we draw closer to the June 5 BoC meeting, financial markets continue to hover in coin flip territory, with a 45% chance of a June cut
Fixed mortgage rates are expected to hold steady this week ahead of GDP data out on Fri.
As housing values drop to 2021 levels in some parts of Ontario, keep in mind:
- CDN currency has devalued 15%+ since 2020
- Assumes no price appreciation for ~4 years
Prices could drop further from here, but with rate cuts there may be a substantial resistance point soon
US FED (discussion) Minutes indicate higher for longer
The FED reserve believes current restrictive rate is not as effective due to long term mortgage and corp. refinances at lows
Canada, in far worse condition is stuck between a rock and a hard place
WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it...
ca.finance.yahoo.com
When I say that Bitcoin is a currency of distrust, I'm just repeating what Bitcoin fans themselves say. There may be good reasons not to trust the banks and governments that create dollars, yens, and other currencies – but that doesn’t change the fact that the preference for
Canada mortgage rate and interest rate update for the week of May 21, 2024
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