Gina Burgio, Mortgage Agent

Many consumers fail to understand meaning of terms By GARRY MARR, Financial PostMarch 10, 2010     When it comes to your mortgage contract, watch your language. Most consumers only look at their mortgage contract -- one of the most important documents they will ever sign -- just before they are a...

This year's budget is not expected to be overly exciting and that seems to be a good thing for the current economic state. With all the major changes to the market, including changes to the Mortgage rules, being released ahead of time; or as this article states, "Finance Minister Jim Flaherty and...

The Bank of Canada cut its lending rate today by half point to 0.50%, the lowest level ever. The decrease was inline with most economists expectations. Various Canadian Banks followed this announcement by cutting their Prime Rate by 0.50% to 2.50%. The Bank of Canada also stated that its latest p...

Bank of Canada cut its overnight lending rate by 0.50% to 1.00%, the lowest since the central bank was formed in 1934. The decrease was inline with most economists expectations. The previous lowest rate level set by the Bank of Canada was last seen at 1.12% in 1958. In the past few days leading u...

Many economists expect that the Bank of Canada will cut interest rates to a record low next week on January 20th to stimulate the economy. Its expected that the Bank of Canada will cut its rate by 0.50% to a record low of 1.00%. The Canadian Banks are expected to follow with a cut to their prime ...

Recent post found regarding RRSP Loans. I have included the link below. Thanks Carolyn Moshtagh for the post! Click Here for the Link. Don't forget the March 2, 2009 RRSP deadline. Gina Burgio, Mortgage Agent VERICO Designer Mortgages Inc. Toll Free: 1-877-345-6265 Fax: 1-877-345-6256 Email: gina...

The Bank of England has cut its overnight lending rate by half point to 1.5%, the lowest since the central bank was founded in 1694. Many economists believe that the Bank of England will cut rates below 1.0% by the second quarter. The central bank reduced the interest rate by 1.5 percentage point...

Wishing everyone happy holidays from my family to yours! Despite the various economic conditions that may be surrounding us, spending time with family during this and every holiday season is priceless and should never be compromised. Gina Burgio, Mortgage Agent VERICO Designer Mortgages Inc. Toll...

The Bank of Canada on Tuesday cut its key lending rate by 75 basis points to 1.50%, more than many economists had expected. This is the lowest since 1958. Lower interest rates, if passed on by the commercial banks, encourage businesses and households to borrow and spend for expansion and consumer...

The Bank of Canada on Tuesday cut its key lending rate by 75 basis points to 1.50%, more than many economists had expected.  This is the lowest since 1958. Lower interest rates, if passed on by the commercial banks, encourage businesses and households to borrow and spend for expansion and consume...