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July Rate Outlook

Variable: Given the uncertainly in the Canadian economy, it looks like the number of rate increases are going fewer and father apart, with most banks only expecting only one more late 2018.  The big surprise in the mortgage market is … Continued

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Mortgage Outlet – In the News

Variable trumps fixed According to one mortgage broker CMP spoke to, the real reason chartered banks have increased fixed rates is because they’re trying to shackle borrowers. “Banks are losing some of their customers at the renewal stage to mortgage … Continued

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June Rate Outlook

Over the past 30 days, there has been a mixed bag economic news and all eyes are on next Bank of Canada meeting.  The market believes there is only a 50% chance of the BoC increasing rates; however, I expect … Continued

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Mortgage Outlet – In the News

Federal Conservatives decry B-20, push for study to examine effects Mortgage Outlet’s Principal Broker Shawn Stillman doesn’t believe Kmiec will be successful in imploring the Liberals to study the mortgage rules simply because it’s Politics 101. “It’s unlikely he’ll be … Continued

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Mortgage Outlet – In the News

Honesty is the best policy for lenders Mortgage Outlet won Best Newcomer Mortgage Brokerage at this year’s Canadian Mortgage Awards, and according to Elan Weintraub, it’s a fruitful result of the firm’s high standard of service. “Everyone at Mortgage Outlet … Continued

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Mortgage Report – Debt is very, very bad. Unless it is very, very good.

Could it be the perfect time to get some good debt and unlock the value in your home to invest in Toronto real estate? I’ve mentioned in the past that I’m a risk averse person (my family has two Volvos!). … Continued

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May Rate Outlook

Since March we have been treading water with rates, fixed rates have remained flat with bond yields not moving and variable rates have not changed as the BoC did not increase rates as expected in May. With an increase in … Continued

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Do NOT renew your mortgage – unless you enjoy wasting thousands of dollars

When a mortgage term is almost complete, banks send letters to their clients to ‘renew’ them into a new mortgage.  Signing this letter usually takes one minute – and most people don’t give it a second thought – but this … Continued

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Winner of Regional Brokerage of the Year – Ontario

Mortgage Outlet is proud to receive the Regional Brokerage of the Year (Ontario) at the 2018 Mortgage Awards of Excellence. The Mortgage Awards of Excellence celebrates leadership, achievement and the pursuit of distinction in Canada’s mortgage industry; designed for the … Continued

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Mortgage Outlet – In the News

Mortgage Outlet featured in the news:   Why More Millennials Live At Home – And It’s Not Because They’re Lazy – Toronto Storeys Mortgage broker Elan Weintraub didn’t move out of his parents’ North York apartment after he graduated from … Continued

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April Rate Outlook

Since March we have been treading water with rates, fixed rates have remained flat with bond yields not moving and variable rates have not changed as the BoC did not increase rates as expected. With an increase in inflation and … Continued

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Winner of Best Newcomer Mortgage Brokerage at the CMA 2018

“Because we demand excellence from ourselves and each other, we are well-respected by our clients, our lenders and the industry.  The future is bright for all of us – this is just the beginning! GO MO!” – Elan Weintraub, Director … Continued

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Mortgage Outlet – In the News

Meet the alternative mortgage lender who’s a last resort for desperate homebuyers bigger banks won’t touch There’s no question Firm Capital would be considered a lender of last resort for a home buyer given the punitive fees that mortgage investment … Continued

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Mortgage Outlet in the Media – Toronto Star Ellen Roseman Retweet & Canadian Mortgage Professional Magazine Feature

Toronto Star’s Ellen Roseman recently retweeted our mortgage blog on Twitter and LinkedIn. (Click image to enlarge)   Mortgage Outlet was also highlighted in the March issue of Canadian Mortgage Professional Magazine, featuring Elan Weintraub, director and mortgage broker, and … Continued

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March Rate Outlook

It’s incredible how much can change in a few short weeks, Up until January it seems like nothing could stop the Canadian economy, but with disappointing January and February job figures, lower than expected GDP and the threat of a … Continued

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