Marlon Fernando Mortgage Team
345 Sheppard Ave L1V1E6 Pickering, ON, Canada

"A new report from the Bank of Montreal highlights just how intensely dependent on the housing market Canada’s economy has become." Reach out for more information. --- http://ow.ly/Oe6850Drmkc

"A Canadian home price index known to be the gold standard for measuring home price appreciation just recorded its highest ever increase for the month of December." Reach out for more information. --- http://ow.ly/9gJh50Dm3eX

If you are planning to buy a house in the near future or plan to refinance your current property, this is a key reason to use your credit card even though you have enough cash at hand for purchase. Credit reports become "unscorable" due to a lack of activity in the credit facilities. "Unscorable" means, you have a credit file but the credit agency is unable to score your credit rating as there are no activities reported.

"A growing chorus of voices suggesting the possibility of a micro Bank of Canada rate cut were tempered following a slightly more hawkish rate announcement on Wednesday." Reach out for more information! --- http://ow.ly/uCDU50DiOYv

"The Bank of Canada today held its target for the overnight rate at the effective lower bound of percent, with the Bank Rate at percent and the deposit rate at percent." Reach out for further information. http://ow.ly/5PNy50DdwK6

Record-low interest rates and strong demand for more spacious accommodation are pushing Canadian home prices and sales to record highs this year. Reach out to our team for more information! http://ow.ly/wSxo50CWuTd

"Energy, clarity, hope and overcoming uncertaintythat’s the inspiration for the 2021 Pantone Colour of the Year..." Reach out to our team for more information! --- http://ow.ly/Yykb50CWkKW

Happy Holidays! Wishing everyone a merry, bright, and safe holiday season

Condo and detached home price trends are diverging: RBC

Tips for Real Estate Investors in Pickering, Whitby, Oshawa, Ajax, Ontario

According to Statistics Canada, the average Canadian now owes $1.58 per dollar of disposable income compared to $1.75 since the start of 2016.

Mortgage costs stay low, central bank keeps interest rate at a rock-bottom level.

Bank of Canada Rate Announcement

Quick Rundown on the today's Bank of Canada rate update 1. Todays Announcement: No change to rates 2. The overnight rate remains at 0.25% which means Prime Rate: 2.45% ... 3. Market Rate Forecast: No BoC hikes until at least 2023 4. BoCs Headline Quote: The Governing Council will hold the policy interest rate at the effective lower bound [intended to be 0.25%] until economic slack is absorbed so that the 2% inflation target is sustainably achieved. 5. BoC on the Economy: CPI inflation is close to zeroThe bounce-back in [economic] activity in the third quarter looks to be faster than anticipatedThe Bank continues to expect [a] strong reopening phase to be followed by a protracted and uneven recuperation phase, which will be heavily reliant on policy support.

Bank of Canada widely expected to hold the rates. This means interest rate will continue to stay low in to winter 20/21

Stricter mortgage rules arent hurting homebuyer demand as sales soar.

Happy Labour Day!

New home prices to stay strong this fall despite pandemic uncertainty.

How Reverse Mortgages may Impact Heirs

What to do if your mortgage deferrals are almost over and you cant pay.

A new report from Re/Max says the house prices will continue to rise in 2020 until economic woes hit in 2021. This might be the case across Canada in general. This might not be the case in each individual market.

Story of cities - based on a report from Re/Max

Home Prices Set New Record High, Sales Surpass Pre-COVID Levels.

Mortgage rates are reaching new low levels every day. But the fundamental question of should I get a fixed-rate mortgage or a variable-rate mortgage? remains. I've been asked this question so many time by many clients, I thought to share my opinion on the following blog post. Check it out & let me know what you think? https://www.loansandhomes.ca/fixed-rate-or-variable-rate... #mortgages #realestate #fixedvsvariable #home #firsttimehomebuyer #GTA #Pieckring #ajax #whitby #Oshawa #Mississauga #brampton #milton #oakville #Burlington #Hamilton

The Bank of Canada today launched an online public consultation to gather Canadians views on the Banks approach to monetary policy."

Centre for Urban Research (CUR): Rising buyer demand for suburban homes started before the pandemic. http://ow.ly/2ZmG50B4TFL

Canadas housing market seeing V-shaped recovery: TD

With interest rates so low, is it a good time to refinance? it all depends on your situation. check out the following article which breaks down the refinancing to save. https://www.loansandhomes.ca/should-i-refinance-now

Looking for a smooth real estate transaction whether its buying, selling or investing? Make sure you give my team a call we will make your transactions painless... YOU WILL SEE THE DIFFERENCE!!And if you are looking for a mortgage broker who is honest and hardworking make sure you give 5 minutes to Mr. Marlon Fernando he will guide you through the process of getting a great mortgage. See more

CENTUM Canada Grows Again! As we continue to grow coast to coast, Im pleased to share and announce that Marlon Fernando has joined our network. On behalf of t...he entire head office team, warm welcomes and continued success my friend. Chris Turcotte, Joe Muir, Caroline Rapson, Graeme Merrick. See more

Is the Correction Almost Over?

Bank of Canada makes key interest rate announcement

We cant help but dream about cozy, beautifully made beds. #Beautiful #Bedroom #Cozy #Bed #Sleep Read full article here:... https://houseandhome.com//how-to-make-your-bed-more-beaut/ #MortgageFernandoDECOR

Mortgage Rate Updates! Monday November 26, 2018 Experience why MORTGAGE FERNANDO is Real Estate Professionals' preferred Mortgage Broker.... Get Your Real Estate Deal Closed Now! Go to https://www.mortgagefernando.com/ Call (416) 897-7043 Email [email protected] #MortgageFinancing #HardWorkingMortgageBroker #MarlonFernando #MortgageFernando #RealEstateAgent #Realtors #RealEstate #FindTheBestMortgage #Mortgage #MortgageRates #MortgageBroker #FirstHome #NextHome #InvestingInRealEstate #Refinancing #Refinance #SaveOnInterest #MortgageRenewal #CreditRepair #Mississauga #Milton #Brampton #Hamilton #Burlington #Oakville #Durham #NorthYork #Toronto #Ontario Insured mortgage rates, subject to change. Conventional and refinance rates may be higher. Some rates may not be available in all provinces. Other conditions apply. Contact us for more information.

De-Stress with these healthy habits! #Stress #MentalHealth #Habits #DeStress #Routine #MortgageFernando #MortgageFernando

38 insider tips for a better-looking, better-functioning home! #Savings #Budget #DIY #Projects #MortgageFernando

Experience why MORTGAGE FERNANDO is Real Estate Professionals' preferred Mortgage Broker. Get Your Real Estate Deal Closed Now! Go to https://www.mortgagefernando.com/... Call (416) 897-7043 Email [email protected] #MortgageFinancing #HardWorkingMortgageBroker #MarlonFernando #MortgageFernando #RealEstateAgent #Realtors #RealEstate #FindTheBestMortgage #Mortgage #MortgageRates #MortgageBroker #FirstHome #NextHome #InvestingInRealEstate #Refinancing #Refinance #SaveOnInterest #MortgageRenewal #CreditRepair #Mississauga #Milton #Brampton #Hamilton #Burlington #Oakville #Durham #NorthYork #Toronto #Ontario

10-Minute Updates to Freshen Up Your Home Whether its a #MessyDesk or a grubby hall, take 10 minutes out to subtly improve them and youll feel much better. #Organizing Read full article here:... https://www.houzz.com//10-minute-updates-to-freshen-up-you #MortgageFernandoDECOR

Mortgage Rate Updates! Monday November 19, 2018 Experience why MORTGAGE FERNANDO is Real Estate Professionals' preferred Mortgage Broker.... Get Your Real Estate Deal Closed Now! Go to https://www.mortgagefernando.com/ Call (416) 897-7043 Email [email protected] #MortgageFinancing #HardWorkingMortgageBroker #MarlonFernando #MortgageFernando #RealEstateAgent #Realtors #RealEstate #FindTheBestMortgage #Mortgage #MortgageRates #MortgageBroker #FirstHome #NextHome #InvestingInRealEstate #Refinancing #Refinance #SaveOnInterest #MortgageRenewal #CreditRepair #Mississauga #Milton #Brampton #Hamilton #Burlington #Oakville #Durham #NorthYork #Toronto #Ontario Insured mortgage rates, subject to change. Conventional and refinance rates may be higher. Some rates may not be available in all provinces. Other conditions apply. Contact us for more information.

Dont take chances with your hard-earned Real Estate deal. Get Your Real Estate Deal Closed Now! Go to https://www.mortgagefernando.com/ Call (416) 897-7043... Email [email protected] #MortgageFinancing #HardWorkingMortgageBroker #MarlonFernando #MortgageFernando #RealEstateAgent #Realtors #RealEstate #FindTheBestMortgage #Mortgage #MortgageRates #MortgageBroker #FirstHome #NextHome #InvestingInRealEstate #Refinancing #Refinance #SaveOnInterest #MortgageRenewal #CreditRepair #Mississauga #Milton #Brampton #Hamilton #Burlington #Oakville #Durham #NorthYork #Toronto #Ontario

- How To Create A Cozy Basement Consider a few of these ideas to help make your basement as cozy and welcoming as possible, for whatever purpose you decide. #Basement #Cozy #Winter #Warmth #Home #House... Read full article here: https://www.improvenet.com/a/how-to-create-a-cozy-basement #MortgageFernandoRENO