BEST MORTGAGE RATES STAYNER
Best Mortgage Rates Stayner
The current home buying market makes it quite difficult to find a mortgage brokerage and the best interest rates for your next home. Luckily for you, Mortgage Wellness- Stayner puts an end to your search, providing you with first-class service and the best rates for your mortgage.
Experience – Trust – Integrity
Gerard Buckley, the experienced and go-to man for all your mortgage needs. Having over 40 years of experience in the banking and finance industry, he has the ability to connect you with various specialized lenders. His experience has led him to create numerous connections and network with various lenders such as schedule I banks, credit unions, private lenders and many more. Regardless of your financial or social state, Gerard Buckley helps all prospective buyers from first home- buyers to new Canadians and everyone in between.
As today’s mortgage environment becomes more complex, you require a mortgage broker who has sufficient experience and knowledge to navigate the regulatory environment. Since the federal government is constantly implementing new loan requirements and restrictions, your mortgage broker needs to be aware and on top of the changes. Fortunately, Gerard Buckley understands and is here to help with all new regulations and laws regarding interest rates.
The Regulatory Environment
In the fall of 2016, a new regulation was brought forward by the Canada Mortgage and Housing Corporation (CMHC), which is involved in insuring mortgages in the case that a borrower defaults. With the implementation of this new regulation, stress tests are now conducted to see if the borrower can handle a sudden spike in interest rates. Although this new practice may lower interest rates for those pass the test, it may also make it more difficult for those with lower credit scores to acquire financing.
With constant changing regulations, it is important to have an experienced mortgage broker who is aware and up to date on all the news. Luckily, you will find that Gerard Buckley has the experience and awareness to help you navigate any hurdle that is thrown at your mortgage.
With over 40 years of experience, Gerard has had the opportunity to advise Fortune 500 companies on their interest rate risk and currency exposure. With this advantage, you have access to decades of interest rate experience and someone who is fit to find you the best mortgage rate in the current market.
Interest Rate Complexity
Although interest rates may seem simple at first, they vary significantly dependent on numerous factors. For instance, variable interest rates will always be lower than fixed when the loan is first acquired, as the borrower is taking on more of the risk with a variable-rate loan. However, this means that if there is a spike in rates, you are the one on the line to pay for it. For an insured mortgage, the lender is less exposed and will receive some money back if you default, leading to lower rates for insured mortgages.
Beyond these general guidelines, there are some factors that you can’t control when it comes to mortgage rates, such as : the current market, economic conditions, and the actions of the Bank of Canada. Gerard is here to help you avoid making any mistakes and to help you get the best mortgage rate regardless of the current conditions.
Making a Difference to The Communities We Work and Live
Aside from financially helping his clients, Gerard spends a lot of his time supporting the local community. Mortgage Wellness- Stayner and the Buckley MacDonald Youth Fund actively support many different organizations including : Theatre Collingwood’s Youth Drama Camps, The Blue Mountain Village Foundation, as well as The Army Cadet League of Canada. Gerard donates 10% of all sales to these causes, which has resulted in his achievement of The Queen’s Golden Jubilee Medal.
Financial Market Expertise
Finding a suitable mortgage brokerage and rate in Stayner can be quite tedious. Fortunately, Gerard has the financial advisory experience to guide you on the right path when it comes to your mortgage rates. Having been an investment banker for multiple years, Gerard is well equipped to help you and your family in your Stayner home purchase. In addition to the financial experience, Gerard has invested in real estate for over 15 years and knows the mortgage acquiring process like the back of his hand.
Gerard Buckley – Licensed Mortgage Agent with over 40 years of banking and finance experience @jaguarmortgages and www.jaguarmortgages.ca would be pleased to assist you consider your Real Estate Financing alternatives.You can be assured that Gerard will treat your Mortgage and Real Estate Decision like it is his own.
Please Call Gerard at 866-496-4028 for a complimentary consultation.