Ashish Kishore at Mortgage Intelligence
600-5770 Hurontario St L5R 3G5 Mississauga, ON, Canada
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Locality: Mississauga, Ontario
Phone: +1 647-408-6463
Address: 600-5770 Hurontario St L5R 3G5 Mississauga, ON, Canada
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A mortgage is the cornerstone of a sound financial plan, and can help build long-term wealth. But with the mortgage marketplace getting more and more complex, you need the professional, expert and tailored advice of a Mortgage Broker!
DEBT 101: Good vs Bad It's important to know the difference! Taking on debt that will potentially pay you dividends in the future is considered good debt.... Bad debt is typically when you take money from your future self to buy goods and services today which provide you with no future income benefit. The right amount of good debt can help you build long-term wealth and afford the things you want, without taking on bad debt.
DEBT 101: Good vs Bad It's important to know the difference! Taking on debt that will potentially pay you dividends in the future is considered good debt.... Bad debt is typically when you take money from your future self to buy goods and services today which provide you with no future income benefit. The right amount of good debt can help you build long-term wealth and afford the things you want, without taking on bad debt.
It's a good first step to find out how much you qualify for before you start house-hunting, but a mortgage pre-approval does not necessarily mean you'll get a mortgage. Get in touch - I'll take you through all the steps
The Bank of Canada announced today that it is maintaining the benchmark rate, noting that first-quarter growth was better than anticipated, although the rise of more transmissible variants of COVID-19 and new lockdowns are concerning. As vaccines roll out, consumption is expected to rebound sharply. The Bank will monitor the risks associated with our hot housing market, which is being driven by low rates, limited supply, and the desire for more living space. With rates still extremely low, it's a great time to get in touch for a review of your mortgage strategy. It's important to get advice and a professional assessment of your situation if you want to switch your mortgage for a lower rate, need a new mortgage, are renewing, or looking to refinance for debt consolidation, renovations, or other large expenditures.
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