Category: Best Mortgage Rates

5 Things You Should Know About Construction Mortgages

Over the years, I’ve been afforded the privilege of helping individuals find the right construction mortgage for their needs. As a result, I’m mindful of the key elements that differ from those of other types of mortgages. Today, let’s walk through some of the most important things you should know. With my brokering experience in […]

Andrew Thake Rated One of the 7 Best Mortgage Brokers in Ottawa!

With my mind and your mortgage master plan, we’re a winning team. Here’s a glimpse of the strategy I implement to make them a realty reality.

How to Get the Best Mortgage Rates

Hello! How’s your mortgage hunt going? If you’re struggling to get a hold of the best possible rates, know that the struggle is real for many – especially those without the right connections and market insights. While I can easily provide both and take a load off your shoulders, there’s never any harm in learning […]

Compare Mortgage Rates and Deals

October 22, 2019 
The best mortgages have low interest rates, flexibility and the most amount of options. Compare mortgage rates and deals with Andrew Thake. Find the best fixed, variable and unadvertised mortgage rate specials here. Explore this mortgage guide to learn how mortgages work and how much down payment you need.   Compare Mortgage Rates and Deals […]

2.24% 5 year fixed rate Ontario

September 12, 2019 
Take advantage of today’s best mortgage interest rates with a 2.24% 5 year fixed rate in Ontario. Based on a $350,000 mortgage, 25 year amortization and a 2.24% versus a 2.64%, the interest savings is $6563.44 over the 5 year term.   2.24% 5 year fixed rate Ontario   What would you do with over $6500? […]

Closing Costs to Consider When Purchasing a Home

September 3, 2020 
When purchasing a home there are additional costs known as closing costs, which you need to consider. Some example closing costs are: Title insurance Fire insurance Legal fees Land Transfer Tax Adjustments Here is a description of each: Title Insurance: Title insurance protects homeowners against any issue that might arise on their home’s title, including defects and […]

Fixed Rate Mortgage

August 26, 2019 
A fixed rate mortgage is a mortgage with a rate that is set for a certain term. Typically these terms range from six months to 10 years. The most popular terms are typically a 2 year, 3 year and 5 year fixed rate mortgage. Should I Get a Fixed Rate Motgage? Fixe rate mortgages come […]

5 Year Fixed Rate Mortgage

August 24, 2019 
With a 5 year fixed rate mortgage the rate remains the same for a 5 year term with your mortgage. The 5 year fixed mortgage is the most popular option amongst first time buyers. Mortgage terms generally range from six months to 10 years. A 5 year fixed is a nice middle between the two. […]

Mistakes to Avoid When Shopping For the Best Mortgage Rate in Ottawa

July 26, 2019 
Shopping for a mortgage can help assure you not only get the best options for your needs but also the best mortgage rate in Ottawa.   Mistakes to avoid when shopping for the best mortgage rate in Ottawa:   Thinking banks are the best place to go for a mortgage An Ottawa mortgage broker can […]

Top three tips to find the best mortgage rate in Ottawa

July 5, 2019 
Knowing if you are getting the best mortgage rate in Ottawa is hard.  The challenge is that there are so many banks, lenders and websites to compare.  Plus, mortgage rates are constantly changing.  To help, here are the top three tips for finding the best mortgage rates in Ottawa.   1) Use an Ottawa mortgage broker […]
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