Roberto Pelaccia- Mortgage Agent, Certified Cash-flow Specialist
40 Queen Street West Brampton, ON, Canada

An annual mortgage checkup is an important stepping stone for long-term success. It will help make sure you’ve: determined if you can take advantage of today’s ultra-low pandemic rates; looked at maximizing your mortgage principal reduction; ... consolidated debt for one manageable payment, improved cash flow, and interest savings (if you have enough equity); and, accessed the lowest-cost funds for large looming expenses. I'll help make sure your mortgage incorporates what may be ahead: it could pay big dividends and is the best way to get you where you’re going in your financial future. Book a consultation today!

Will prices go up or down? How about rates? Here are some predictions... but nobody can say for certain what the future holds. Stay focused on your goals and get in touch for expert mortgage advice tailored to your situation.

This is good info for anyone planning to buy their first home.

If you need help polishing your score so you can qualify for the best rates, get in touch.

The Bank of Canada has announced it is maintaining the benchmark rate, noting that Canada’s economic recovery will continue to require extraordinary monetary policy support. The Bank says it will hold the policy interest rate at the effective lower bound until economic slack is absorbed so that the two per cent inflation target is achieved, which the Bank doesn’t expect to happen until sometime in 2023. The next rate-setting day is January 20th, 2021. The beginning of the new year will be a great time to get in touch for a review of your mortgage strategy. It's important to get advice and a personal 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.

Winter is coming

It's a little grey for a Monday, but I hope you find a way to challenge yourself today and bring on the good feelings about yourself that you deserve. I'm here to listen if you need to talk...DM any time. #pushups #foryou DAY 29 of 30 #EustreesToDeStress challenge to Raise awareness about the daily struggle of those who suffer from #PTSD, #Depression and #Anxiety that drives them to commit suicide-- Especially our Military Veterans and First Responders. No need to be n...ominated- just join the conversation... How will you #EustreesToDeStress today ? Remember spread Joy and don't be so hard on yourself and others. See more

I hope you had a great Sunday to reconnect with yourself and get ready for the week ahead. #pushups #foryou DAY 28 of 30 #EustreesToDeStress challenge to Raise awareness about the daily struggle of those who suffer from #PTSD, #Depression and #Anxiety that drives them to commit suicide-- Especially our Military Veterans and First Responders. No need to be nominated- just join the conversation... How will you #EustreesToDeStress today ? ... Remember spread Joy and don't be so hard on yourself and others. See more

Busy days are always a challenge. I'll always make time for anyone who needs someone to listen. #pushups #foryou DAY 27 of 30 #EustreesToDeStress challenge to Raise awareness about the daily struggle of those who suffer from #PTSD, #Depression and #Anxiety that drives them to commit suicide-- Especially our Military Veterans and First Responders. No need to be nominated- just join the conversation... How will you #EustreesToDeStress today ? ... Remember spread Joy and don't be so hard on yourself and others. See more

Cash Back Mortgage rates are lower than they have typically been, causing an upswing in use by first-time home buyers. Getting 3% cash back of the total mortgage amount can be a big financial boost and provide much-needed breathing room after closing on the most expensive purchase most people make. The funds can help pay for things like closing costs, renovations, and moving costs. Interested in learning more? Let's discuss whether a cash-back mortgage fits your needs.

Hope and housing - https://mailchi.mp/19103abcf120/hope-and-housing

Early advice can save time, money, and stress! The process of qualifying for a mortgage should begin before you buy a home. Let's start with a conversation for advice on downpayment, determining what you can afford, understanding all of the costs involved in buying a home, budgeting, improving your credit, mortgage features beyond rate like prepayment options, refinancing penalties, restrictions and more. Get off on the right foot on your homebuying journey!

If you are carrying higher interest debt on your shoulders this is the time to take some of the weight off. With a lower qualifying rate now and refinancing rates starting at 2.05%... what are you waiting for ? DM to book a free consult.

Important information if you've deferred mortgage payments.

With the major Banks lowering their posted 5-year fixed rates, the qualifying rate will drop to 4.79%, which makes it slightly easier to qualify for a mortgage! The qualifying rate is used in stress tests for both insured and uninsured mortgages, and a lower rate is good news for anyone who needs a new mortgage: homebuyers and those looking to refinance or renew their mortgage at a different lender for a better deal. Get in touch to see how much you qualify for!

A little bit of optimism... lower rates over a long period of time could be good news for many.

The Bank of Canada has just announced that it is maintaining the overnight lending rate. "In a statement announcing the decision, the bank says the rate will have to stay low to provide extraordinary monetary policy support to help recuperate from the economic impact of COVID-19."

Make your mortgage work for you. Get in touch any time for a free mortgage checkup! I’d be delighted to advise you on how to get the most from your mortgage. - Transfer consumer debt to a lower interest rate. - Pay off your mortgage early and save thousands. ... - Get out of a high-rate mortgage. - Access the lowest-cost funds for renovations. - Make sure you are getting the best possible deal at renewal.

If you've started working from home, keep a file for all your expenses and reimbursements from your employer so you can take advantage of any eligible claims when you file your 2020 income tax return

Six pieces of advice to help guide first-time home buyers through a changing landscape.