Protect Yourself From Mortgage Rate Increases For A Full 3 Months!

By: Thomas Cook

Protect Yourself From Mortgage Rate Increases For A Full 3 Months!

 

Avoid Paying More Interest In A Rising Market… Lock In Today’s Low 5-Year Mortgage Rate Regardless Of What Happens In The Next 90 Days!

 
If you wait to fix or lock in a mortgage rate until just before you buy, you may end up spending thousands more in interest over the life of your mortgage.
 
Most people are not used to thinking four months ahead but, if you are considering purchasing a home in the next 90 days, it might be the prudent thing to guarantee yourself the lowest possible rate.
 
Historically lenders have often only been willing to lock in, or guarantee, the 5-year mortgage rate for 60 days. The problem with that is, for buyers purchasing a little farther out, a mortgage rate could not be set. The risk was that rates would rise, causing either the home of their dreams to become more expensive on a monthly basis OR even become out of reach because of mortgage qualification guidelines.
 
Now, Toronto’s Real Estate Team and George Christopoulos have negotiated an agreement with several of the ‘big five’ banks to allow our clients to lock in the rate for a full three months. With rate hikes uncertain at any time, the prudent thing for any buyer to do would be to protect themselves and get a 90 Day Rate Lock Guarantee.
 
In addition, if you do purchase say, 7 months from the date you get your rate lock set up, George, our Mortgage Centre lender representative, may be able to go back 90 days and give you the best rate that was available in that period. 
 
This is a big deal!
 
In a rising rate market, almost every lender will NOT backdate if you purchase outside of their initial 60 or 90-day rate lock period.
 
They will only give you the then current rate.
 
Best of all… there’s no cost and no obligation to purchase a home in that time. It is just a terrific protection in case you do!
 
To get started, all you should do is let us know you’d like a free 90 Day Rate Lock Guarantee by filling in the form below.
 
Our mortgage professional will call you back to talk about your needs and preferences in a mortgage and then he’ll lock in the rate for you.
 
Here’s How It Works
 
To get started, all you should do is let us know you’d like a free 90-Day Rate Lock Guarantee by filling in the form below.
 
Our mortgage lender will call you back to talk about your needs and preferences in a mortgage and then he’ll lock in the rate for you.
 
This 90-Day Rate Lock Guarantee could save you thousands of dollars in interest over the five-year term of your mortgage!
 
Don’t settle for what the typical bank offers when you can have access to the best mortgage rate lock available in Toronto for FREE!

 Yes, I’d like a FREE 90 Day Rate Lock Guarantee!
If you'd like to have a rate guarantee like this, copy and paste this list of 'Required Information' into an email, fill in the specifics, and email directly to George.
 
Name  
Address  
City  
Postal Code  
Daytime Phone  
Email  
Occupation  
Years There  
Gross Annual Income $
Other Family Income $
TOTAL Gross Annual Income $
Down Payment Available $
 
Email this information to George@YourMortgageWatch.ca to guarantee your rate!

Thomas Cook
Thomas@LivingInToronto.com
Phone/Text = 647-962-1650

Keep Up To Date With Toronto's Real Estate Market
 
Every month we communicate with our readers to give them accurate insights and statistics about what's happening in the Toronto and GTA real estate markets.
 
Subscribe to our free monthly FYI Newsletter HERE.

 

Here are 5 proven ways to move safely and smartly towards your real estate buying goal...

  1. Download a free copy of my Ultimate Home Buyer’s Guide book
Find out everything you need to know about buying a Toronto house or condominium. Instead of randomly searching all over the internet, jump start your home buying experience and get a wealth of expertise and experience in one place.

Download your Guide here
 
  1. Get a custom listings search set up for you and receive targeted listings daily
If this list is not specific enough for you, we can put together a custom list of homes.  Maybe you want only 2-bedroom condos in specific neighbourhoods, or only semi-detached houses, or even a certain school zone. 
 
We can set up your HOMEWatch search for any area you choose (not just downtown Toronto), and you'll get immediate access to homes within minutes of them being listed.  Just leave some search criteria here
 
  1. Set up a step-by-step plan with the best ways to get to your home buying goal
At the beginning of the home buying journey, often the picture of what the end result might look like is a little ‘fuzzy’.
 
Our first-time and move-up buyers have told us that being able to meet with us on a casual basis as early in the process as possible, even if their purchase date was 6-12 months away, really worked the best for them.

To arrange your no-obligation Starbucks Strategy Session, click here.
 
  1. Join us for a Market Experience Tour - pick your favourite neighbourhoods and price range
Start getting educated about what your condo likes and dislikes are. 
 
The Market Experience Tour is a great way for you to figure out which neighbourhoods and condo buildings are right for you, and you’ll also get a good sense of what’s available in your price range.
 
Pick the date and time you like to go on your Tour.
 
  1. Don’t start your home buying experience on the wrong foot - Meet for a Buyer Consultation first!!
Home buyers have come to us after trying to work with another agent saying “I don’t think he even knows exactly what I’m looking for and I’ve got questions he doesn’t have the answers to”.
 
Don’t make the same mistake.  Let’s set a time to meet and go over how the complete home buying process works, find out what your likes and dislikes are and what pitfalls you’ll want to avoid, before you seriously start looking for a house or condominium.
 
This is the best 90 minutes of time you’ll ever spend - set up your private Buyer Consultation.