Maziar Mortgages
291 Olmstead street K1L7J9 Ottawa, ON, Canada

As of today the mortgage stress test loosens up as the Bank of Canada reduces its bench mark rate from 5.04% to 4.94%. What does this mean for you as a home buyer? In January 2018, a stress test qualifying rate was introduced to ensure consumers don't default on their mortgage. With this drop, you will be able to be approved for a higher amount. Contact me to determine exactly how much higher you can be approved for. #ottawalife #ottawatourism #yow #mortgageagent #firsttimehomebuyer #rate #mycity #ottawa #covid_19 #news #loans #invest #ottawafoodies

5% down payment might soon become an option of the past !!! https://www.bnnbloomberg.ca/housing-agency-sees-prices-fall

A great start to a busy year with such an incredible team. #ottawalife #ottawaevents #ottawatourism #mortgageagent #mortgagebroker #goals #squad #squadgoals #success #life #goodvibesonly #loans #realestate #ottawa #firsttimehomebuyer #rate

TD bank recently slashed their posted rate from 5.34% to 4.99%. Expect to see the other big banks who had already lowered to 5.19% to lower their benchmark stress test rate again. Are you curious how this will effect you in qualifying for your mortgage? Message me for more details.

I understand and agree that based on certain financial situations or life style preferences, renting can be an ideal/cheaper method of living. But if you are looking to create a future that consists of a higher liquidity and asset portfolio, then you should consider the great value investing in real estate offers. Rates are still low (2.39%), so if you're looking to buy, contact me to see how we can get you out of renting and into your new home. 613-859-6433 . .... . . . . . . . . #rent #buy #own #firsttimehomebuyer #homeowner #home #house #invest #investment #finance #awareness #knowledge #options #mortgages #mortgageagent #bank #loans #rates #education #knowledge #monday #fall See more