Blog by Michael Sjerven

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3.75% 5 year

April 10th, 2010
Update, as of April 10th, we still have a 3.75% 5 year fixed rate available in some areas. As well, there is P-.50% variable product (1.75%) also on the market. Keep in mind some of these specials do have strict qualification and are not available for rate hold (live purchases or refinance only). Please fill out the online application (APPLY) on this website to lock in now! Have a great weekend.

3.75% 5 year

April 5th, 2010
As of today, it looks like we have one lender left with a low 5 year fixed rate (3.75%). If we get in application right away, there is a chance we can still secure this great deal. Otherwise 5 year fixed rates are all over 4%.

Fixed Rate Increases!

March 31st, 2010
Fixed rates are moving up significantly across the board by about .60%. If you want to lock into a fixed rate mortgage this week (possibly today) will be your last opportunity. Here's what is available through today:
5 year fixed - 3.69%
3 year fixed - 3.15%
Variable - 1.75%
Call or email today for more info and if you are interested please apply online to expedite.

P-.50% Variable - Yes 1.75%!

March 12th, 2010
Yes, it's back, the P-.50% variable rate product is available with 1 lender only. It's a 3 year term and current rate works out to 1.75%. Qualification is very strict, and must be a live mortgage to qualify. Call for details.

Although this is a great deal for the adjustable rate die hards out there, we still believe that locking into fixed at the current time is the best choice. Opting for a ...

New Videos

March 3rd, 2010
Here are some new videos made by Michael this month:
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Mortgage First Time Buyers

March 1st, 2010
Last Summer (2009) I did a presentation at Lux Lounge in Vancouver. It was a first time buyers seminar and my topic was mortgages. Here's the video, and sorry for poor sound quality.
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CMP Award Nomination

March 1st, 2010
We are proud to announce that Michael Sjerven is a finalist in the Canadian Mortgage Awards! The category is for best individual newcomer (within last 3 years) mortgage broker. Michael is looking forward to the black tie awards ceremony taking place in Toronto in April.
cmafinalist

Rate Specials

February 15th, 2010
There has never been a better time to get a mortgage than now! Here's a quick look at the best deals available as of today:
Variable P-.30% - 1.95%, 3 year fixed - 3.15%, 5 year fixed - 3.69%. Go Canada Go!

3.69% 5 year fixed

February 5th, 2010

New rate special just announced. 5 year fixed special at 3.69%. Must close by March 26, 2010. No pre-approvals, AAA clients only for purchase or refinance. Call for details. Have a great Olympic celebration - cheers!

3.79 5 year fixed

January 5th, 2010

We have a limited time special on a 5 year fixed at 3.79%. Please keep in mind there is a 30 days closing window and this is a "no-frills" mortgage with limited options. Alternatively, I'm heavily promoting a 3.89% 5 year fixed rate with full pre-payment and other features included, which I believe is the better product. We have 3 year variable rates at P-.25% (2.0%), 5 year variable at P-.20 ...

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