Great article in the Montreal Gazette addressing a recent survey commissioned by the Canadian Association of Accredited Mortgage Professionals which indicates that mortgage clients are not taking “undue risks” when it comes to mortgages.

I tend to agree as the majority of clients that I see in Toronto and surrounding areas have an adequate buffer to weather rate increases, whether it be variable or fixed rate mortgages.  They mention longer term mortgages – refer to my previous blog, as they are not for everyone.

Enjoy the read and if you have any questions please feel free to contact me directly.  Here’s the link:

Click here for the article…

Kim Gibbons Your “Mortgage Superhero ®”

Toronto 416-400-8107

Related Articles:

1. Kim Gibbons in the Globe and Mail – Should you refinance your mortgage for a better rate?
2. Kim Gibbons quoted in National Post article – Hybrid Mortgages
3. Let’s talk 7 and 10 year fixed mortgage rates…
4. Understanding the Trends Behind Mortgage Interest Rates
5. Should you pay down your mortgage or use the funds to contribute to your RSP? An interesting opinion in this current investment environment.

Tags: Credit, Mortgage Brokers, Toronto Mortgage Brokers