Lower Your Mortgage Rate. Build Your Wealth. Retire Sooner.
See how we can plan your mortgage to help you save and grow up to 10x faster
Brent Richardson
Principal Mortgage Broker/ Owner, Certified Financial Planner (CFP®)
- Considered a Canadian mortgage thought leader: Get personalized pre-approval information and quotes for exclusive low mortgage rates – no fees, no hard credit check, no obligation. All application types are welcome.
- Over 16 years of industry experience with 1800+ mortgages personally approved: Get a fast 1 day approval, increase your approval limit, or lower your payment and rate. Get more options and better approval results.
- Certified Financial Planner (CFP®) credential: Complimentary advice to save on taxes, optimize wealth creation, become mortgage free and retire sooner.
- We’re determined to lower your rate and help make your approval a breeze: Clients save $1,000+ per year on average, or $25,000+ on average over the life of a mortgage.
Level Up Your Mortgage Game With a Certified Financial Planner (CFP®)
Home ownership and the mortgage may be the biggest part of your financial picture, and can play a major role in helping you reach your financial goals. Get advice to reduce interest costs, save on taxes and build wealth faster. Keeping your mortgage approval in focus, we can discuss the following at your option:
Mortgage/Debt Planning
How do I safely balance a great lifestyle and home ownership costs? Do I repay my mortgage faster, or save more for retirement? Will I have enough saved for retirement after my mortgage is paid off? Am I taking advantage of mortgage related income tax savings strategies? Get answers to such questions that apply to your unique situation, and ensure the best interest rate savings, consistently over the life of your mortgage.
Income Tax Reduction
Reducing income taxes substantially is possible for many, but requires longer term planning. Discussions can include making mortgage interest tax deductible, income splitting, pension/benefit optimization, RRSP, TFSA and other income tax savings strategies.
Wealth Accumulation
Optimizing wealth building strategies, even slightly, can have a major compounding effect over time. Conversations can include portfolio reviews and how to build wealth more effectively with ultra low investment management costs (under 0.20% Vs. the standard 2%). Discover some of the most simple but profitable investment strategies that the investment industry doesn't want you to know.
Retirement Planning
Get answers to your retirement questions including: How soon can I retire? How much savings will I need to retire? How much will I have to spend each month from various income streams? Our advice only financial planning approach provides objective, unbiased answers to such questions.
Estate Planning
The are few certain things in life, except for death and taxes. The government already has an estate plan for you, but you probably won't like it... Speak for your assets, save on taxes, and probate fees. Conversations may include purchasing a property tenancy in common vs joint tenancy, what to add or remove from a will or power of attorney, if a trust makes sense and more.
Protection Planning
Setbacks in life are inevitable. We hope the setbacks won’t be too big. But no matter what happens a good plan will have you covered.
Daily Coverage of the Canadian Mortgage Market
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BREAKING: The Bank of Canada cuts by 0.25%, from 2.75% to 2.50% - its lowest level since July 2022 - as 🇨🇦 economic deterioration outweighs inflation concerns
This is the first time the BoC has cut, with its core inflation target still above 3%
BREAKING: 🇨🇦 CPI/inflation was up 1.9% in August compared to 1.7% in July, but below market consensus of 2%
Gas prices continue to pull down inflation but at a slower pace. Excluding gas, inflation was at 2.4%
BoC rate cut odds remain 90%+ with little change in bond yields
Financial markets are fully pricing a 0.25% BoC cut on Sept 17, with a 90%+ chance of an additional cut in 2025
Fixed mortgage rates are positioned to drop 0.05-0.10% over the next 1-2 weeks
Only a surprise boost in CPI on Sept 16 could derail these odds before the BoC meets
BREAKING: 🇨🇦 shed 66,000 jobs in August, with unemployment increasing by 0.2% to 7.1% and exceeding expectations of 7% unemployment
Bond yields dipped on the news adding slight negative pressure to fixed mortgage rates and increasing the likelihood of a Sept BoC cut to ~70%
This is the definition of broken:
In 15 days, the Fed will cut rates for the first time in 2025, yet the 30Y Treasury Yield is now near 5.00%.
We have RISING interest rates as markets "price-in" Fed interest rate CUTS.
Do you realize what's happening?
...
(a thread)
Chances of a BoC cut on Sept 17 increased to 50% as labour and GDP data were weaker than markets expected
However the BoC expected the GDP tumble leading BMO to state: ‘For the BoC theres nothing here screaming for a Sept cut’
The BoC decision will likely hinge on Aug CPI data
BREAKING: 🇨🇦 real GDP plummeted in Q2, shrinking by 0.4% driven by a sharp 7.5% drop in 🇺🇸 exports
The damage is here, but not as bad as originally expected in June
Bond yields are down marginally on the news, with no upward fixed mortgage rate pressure currently
Dovish hints for a 🇺🇸 Fed cut have many north of the border hoping BoC will follow in Sept
However BoC is likely to hold until 🇨🇦 economic deterioration pulls the BoC preferred, core inflation measure below 3%
Current market odds dont offer much reward (.25%) for VRM ...risk
BREAKING: 🇨🇦 CPI/ headline inflation fell by 0.2% in July to 1.7% lead by lower gasoline prices
However excluding gas, inflation was 2.5%, matching the May and June readings
The 🇨🇦 5 yr yield is down ~1% on the news
Serving the Best Mortgage Rates in Ontario
We’re Ontario mortgage brokers serving clients the best mortgage rates in Ontario. We use encryption and high-level security to ensure your information and privacy always remain safe. Our approval process has been engineered from start to finish with you in mind, for a pleasant and enriching mortgage experience. Connect with us today and see the difference for yourself.