Fast Rates

Will the Bank of Canada Cut Mortgage Rates on July 30th? 🤔

June’s inflation numbers are in. Core inflation is still above target. The labour market is stronger than expected. That combination could have a big impact on what the Bank of Canada decides to do next.

Whether you're in a fixed or variable rate, or thinking about making a move, this update breaks down what you need to know.

Watch here: https://youtu.be/C2xK1Mn3OVw

Alexander Gasenko, Mortgage Broker
DLC Silver Leaf Financial Group Inc. Lic #13415

Will the Bank of Canada Cut Rates on July 30th? Are you wondering when the Bank of Canada will finally cut interest rates? Many Canadians are eagerly awaiting lower mortgage payments, but economic data is ...

Last week, over coffee, a client looked me straight in the eyes and said, “Alexander, a reverse mortgage feels too risky.”

She’d heard that she'd lose ownership of her home, that hidden fees were lurking, and that it could even jeopardize her government pension.

That conversation stuck with me. She wasn't alone; every week, retirees reach out, asking the same pressing questions:

• "Will I actually own my home—or is it secretly owned by the bank?"
• "Could it negatively impact my CPP or OAS benefits?"
• "What are interest rates like for Canadian reverse mortgages?"
• "Can you owe more than your home’s value with a Canadian Reverse Mortgage?"

and more...

So, I created this short video to answer the 8 most popular reverse mortgage questions I get from my clients. If you're over 55 (or advising someone who is), this video might be for you.

Watch now—and let me know your thoughts. I’d love to hear them.
‼ https://youtu.be/JZAGvgznjzM

📢 Just received another wonderful Google review!
A recent client shared:

«I called Alexander Gasenko for a mortgage consultation and had a great experience. He’s super knowledgeable and his advice saved me thousands of dollars. If you need a mortgage in Toronto, you should definitely give Alex a call. He’s honest, reliable, and knows his stuff. He answered all my questions and made the whole process easy. I’m really glad I reached out to him for help.»

Thank you for trusting me to help with your mortgage needs! 🙌 If you have questions about getting the best mortgage in Toronto, I’m always here to help.

Alexander Gasenko - your trusted Toronto & GTA mortgage broker. Silver Leaf Financial Group Inc. Lic #13415 DM me for expert mortgage advice! 📩💼