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Recent Mortgage Brokers survey says borrowers not taking on undue risks

February 3, 2010 by Kim Gibbons Filed Under: Blog, General, Uncategorized

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

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Kim Gibbons

As a Mortgage Broker I work in partnership with each of my clients and believe in the value of relationships. Your priorities and interests become my priorities and interests.

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