Sam Himyary, B.Sc., CFP, AMP

As a certified financial planner, CFP and a mortgage agent, I provide my clients with the most suitable mortgage for their principle residence or investment property . I realize that a family’s home is the biggest purchase and a mortgage can be the biggest liability that a family might incur! I can provide you with the best rates and also make it work within your entire financial plan and future financial goals . We partner with over 40 of Canada's lenders to ...

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Our
Rates

5 Year
Fixed

2.96%

5 Year
Variable

2.40%

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CTV Morning Live: Mortgage Minute - July 22

Date Posted: July 22, 2014

On this week's episode of the Mortgage Minute, Mortgage Broker Frank Napolitano talks to Jeff Hopper about the difference between a variable rate and a fixed rate.

Currently a variable rate mortgage is the best rate available at prime less 0.65% (2.35%). According to last week’s Bank of Canada announcement, it appears that prime rate will be sitting still at 3%. September will mark 4 years straight where prime rate has not moved. It is important to discuss what mortgage product is right for you based on your full financial picture and risk tolerance, contact a Mortgage Broker for advice.

Click here for the full video.