Lowest Mortgage Rates Ever Spur Historic Jump in Bond Supply

Author: MOHIT VERMA | | Categories: 2nd Mortgage , Mortgage Broker , Mortgage Brokers , Mortgage Financing Experts , Mortgage Refinancing , Mortgage Services , Rescue Financing , Second Mortgage

 A deluge of supply has inundated the agency mortgage-bond market this year, as a plunge in lending rates triggered a wave of homeowner refinancings. But there are signs that relief may be forthcoming.

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Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By: Christopher Maloney

Original Article Posted on: August 10, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/lowest-mortgage-rates-ever-spur-143000951.html

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200-111 Gordon Baker Rd, Toronto, ON
Mohit Verma, Mortgage Broker Lic.#: M14001515 - Pineapple Financial Inc. FSRA 12830 / BCFSA MB 600871 / AMF 3002803823 / RECA 00424723 / SK 512229

“Instant Approval, Conditional Approval, Pre-Approval” – Borrower subject to credit and underwriting approval. Not all borrowers will be approved for conventional financing or equity financing. Receipt of borrower’s application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, Annual APR is subject to approval and underwriting, APR includes all fees and rate which is calculated on a yearly term. APR varies contact us for current rates or more information on a specific product. OAC*

© Copyright 2024. All Right Reserved.

Mohit Verma, Mortgage Broker Lic.#: M14001515 - Pineapple Financial Inc. FSRA 12830 / BCFSA MB 600871 / AMF 3002803823 / RECA 00424723 / SK 512229

“Instant Approval, Conditional Approval, Pre-Approval” – Borrower subject to credit and underwriting approval. Not all borrowers will be approved for conventional financing or equity financing. Receipt of borrower’s application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, Annual APR is subject to approval and underwriting, APR includes all fees and rate which is calculated on a yearly term. APR varies contact us for current rates or more information on a specific product. OAC*

© Copyright 2024. All Right Reserved.
200-111 Gordon Baker Rd, Toronto, ON