≡ Menu


Wow, it’s been almost 3 years since I’ve posted on this blog and the market has just continued to be scorching hot. Back in 2012 when mortgage rates went down to 2.99%, we thought we saw the bottom of the rate box.  Fast forward three years later and mortgage rates are even juicier now, adding to buyer hysteria and a shortage of listings.

I currently have access to a 5 year fixed mortgage rate of 2.54% and a 5 year variable rate of 1.95%!

If you’re house hunting and need to arrange financing, give me a call or leave a comment below and I’ll be glad to help you out!



This 4 bedroom semi-detached home is located in the heart of downtown Brampton, just a 3 minute walk away from the downtown GO Station and the Brampton Transit station. This property also features a 3 bedroom basement apartment with a separate entrance!

The main level boasts parquet flooring throughout and pot lights, featuring a family-sized kitchen and a generous breakfast area.  The family room walks out onto the deck and into the backyard.

The master bedroom features a 4-piece ensuite bathroom and a large walk-in closet.

This home is conveniently close to Rose Theatre, Gage Park, City Hall and a myriad of amenities.  The asking price is $379,900.  If you are interested in this home or something similar, please leave me a comment or call me directly.



This is great opportunity to pick up a fixer-upper with a lot of potential.  This detached bungalow features 3 bedrooms, and sits on a great 100 foot x 50 foot lot in a quiet neighbourhood.  The roof was re-done in 2009 and the basement is partially framed with a 3 piece bahroom and a separate entrance.  Some renovations will really make this house shine!

We’re asking $289,900!



The fine print about BMO’s 2.99% mortgage

Last week, BMO dropped a bombshell when they announced a 5-year 2.99% mortgage.  As soon as the other major banks heard, they quickly scrambled to match.  What these banks aren’t telling you is the terms of the mortgage, which are slightly different than what you’d find in a typical mortgage.

  1. 25 Year Amortization – Most mortgages can be amortized up to 30 years, which means it may be more difficult to qualify for this product.
  2. Paying Down Your Mortgage Faster – You can make a lump sum payment once a year as well as increase your monthly payments if it doesn’t exceed 10% of the principal you owe.  Typical mortgages let you make monthly and lump sum pre-payments of 20% or more.
  3. You Can’t Skip Or Double-Up On A Payment.
  4. Locked For 5 Years – You can’t refinance or switch your mortgage to another lender for 5 years, and most homeowners live in their homes less than 5 years.

This product is best-suited for those who intend on living in their homes for more than 5 years.

1 comment

Fresh new articles coming soon

Expect to see many new articles and listings posted here in the coming days.  Thanks to those who continue to faithfully follow my blog.

– Lang


1 year old semi-detached home for sale – SOLD


This is a sunny and spacious 3 bedroom, 3 bathroom semi-detached home close to the new Mount Pleasant GO Station in Brampton.  As the home is still only 1 year old, there are 6 years left on the new home warranty covered under TARION.  This home is in a very popular neighbourhood with a nearby park – it’s a great place to raise a family.

The bright kitchen is very spacious and features a huge breakfast area.  Hardwood floors cover both the main level and the 2nd level.  The master bedroom boasts s 5 piece ensuite (double sink) with an oval tub, and a walk-in closet.

There is potential for a separate entrance to be created through the garage, and a rough-in for the washroom can be found in the basement.

Included with the purchase of this home are the fridge, stove, washer, dryer, all electrical light fixtures, and all the window coverings.

The current list price is $359,900.  Please contact me if you are interested in seeing this home.