Aver Forde
5017 Victoria Ave. L2E 4C9 Niagara Falls, ON, Canada

Mortgage Pre-Approval If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more complete verification prior to sending you shopping for a home, and with that done, the dollar figure you are going shopping with is actually what you can spend.

Canadians more likely to be homeowners, have a mortgage Home ownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada. It says that, apart from a dip between 2012 and 2016, Canadian families are more likely to be homeowners now than in 1999. The study looked at home ownership from 1999 to 2016.... The share of Canadian families who have paid off their mortgage has declined though in that period, from 46% in 1999 to 43% in 2016, with the trend consistent across all age groups but was most prolific among those where the primary wage earner was aged 35-54. The report - "Home ownership, mortgage debt and types of mortgage among Canadian families notes that, if the population was not aging then the share of families who’d paid off their mortgage would be 36%. This is because older Canadians are more likely to have cleared their loan. The size of mortgage debt has increased during the study period, from $91,900 in 1999 to $180,000 in 2016 on a constant dollar basis. This was seen across most demographics and regions but more so in large urban areas. Couples with children had mortgages that were 112% larger in 2016 than in 1999. StatsCan says that mortgage debt made up 84% of household debt between 1999 and 2016. Fixed rate leads Most Canadian families with a mortgage have a fixed rate, the study shows. In 2016, those with a FRM accounted for 74% of all those with a mortgage with variable rates for 21%, and 5% having a combination of both. Fixed rate was seen more frequently in those with longer amortization periods. In addition, families who maintained a household budget were more likely to have a fixed rate, possibly reflecting the fact that those who budget prefer the certainty of fixed payments over time.

Refinance Canadians today face many reasons to refinance their mortgage. http://averfordemortgages.ca/refinance/

THINK OUTSIDE THE BANKS Tired of struggling financially? Trying to get by paycheck to paycheck? Not enough money to enjoy the simple things in life?... If this is you, listen up! DLC BTB Mortgage Solutions can help. Right now mortgage rates are at an all-time low and it’s the best opportunity to get rid of those high interest credit cards that are strangling you financially. Will approve your BFS stated deals* Will approve your deals with slightly higher than usual TDS* Will approve clients with weak credit, no credit + good credit* If you don't have a 3% mortgage, call us and get back to enjoying life, instead of paying for it! DLC BTB MORTGAGE SOLUTIONS HAS BEEN THINKING OUTSIDE THE BOX FOR 5 YEARS Help us help you get your mortgage approved! Call us today to discuss your NEEDS 905-357-5366

Here is some good advice.

ANOTHER BETTER THAN BANK RATE ALERT 5 YEAR FIXED NOW ONLY 2.99 % O.A.C. CALL 905 328-5956 OR apply online anytime here www.averfordemortgages.ca

ATTENTION NIAGARA HOME BUYERS The new Niagara Home Ownership Program is officially Live! The region will give you a 5% forgivable loan as your down payment for your mortgage. That's right, the region will provide you with your entire down payment (up to $20,296) toward your dream home.... Applicants must be submitted by the end of May. Don't let this amazing opportunity pass you by. Become a homeowner TODAY! Contact me for more information on how to apply.

Whether you are a first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres BTB Mortgage Solutions has access to the very best products and rates available across Canada. Give us a call we think you’ll be pleasantly surprised! Call us today!! 905-328-5956 [email protected] www.averfordemortgages.ca

HOW TO NAVIGATE THE MORTGAGE RATE WARS