Helping Homeowners Pay Off Their Mortgage, Build Wealth, and Retire Sooner
Brent Richardson
Certified Financial Planner (CFP®), Principal Mortgage Broker, President of Altrua Financial Inc.
- Over 16 years of industry experience with 1800+ mortgages personally approved: Get a fast 1 day approval, increase your approval limit, lower your payment and rate. Get better mortgage options and approval results.
- Considered a Canadian mortgage thought leader: Get personalized answers to your questions, pre-approval information and quotes for exclusive low mortgage rates.
- Certified Financial Planner (CFP®) credential: A unique tool set to help you reduce interest costs, save on income tax and build wealth faster.
- Complimentary Financial Planning available when we arrange your mortgage: We aim to add exponential value and confidence to your financial world by integrating your mortgage into a comprehensive, highly personalized Financial Plan. We strip away financial confusion by focusing on education and long term guidance.
Level Up Your Mortgage Game With a Certified Financial Planner (CFP®)
The mortgage may be the biggest part of your financial picture, and can be a great starting point to discuss reaching your financial goals. Get unique advice to plan for your first home, become mortgage free sooner, pay for kids education, and retire earlier with more. Keeping your mortgage approval in focus, we can discuss the following at your option:
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Too busy locking in fixed rate mortgage renewals to post much (37+ lock-ins in the last week)…
But just an FYI last time 5 YR Bond yields were 3.80%, most 3 YR fixed rates were closer to 5.75%
4.84% 3 yr renewal still available for many
Consumer spending in Canada is seen as reversing, even with rates peaking out... this is not good news for a June rate drop... buckle up for a bumpy 2024...
The biggest problem for most investors and advisors is that they are trying to time the markets.
Every time you get the itch to do so, consider that your are competing with the most sophisticated asset managers spending billions to win in markets.
A long-term investment approach and perspective is better than taking a meme-stock investment approach. Excerpt from Boosting Your Financial IQ...
Canada announces direct linkage for lenders to CRA to prevent mortgage fraud. Its about time!
Also, with full CRA access (with client consent), this linkage should make it easier for many to complete their mortgage application without scrambling for tax docs!
Canadian Pension Plan (CPP) is a tail risk hedge.
It protects against 3 risks, and some of those risks increase as you get older:
1. Inflation
2. Sequence of returns
3. Longevity
It's like insurance.
If you end up needing it, it will be money very ...well spent.
Seeing a major uptick of clients make large payments against their mortgage or complete pay out at renewal time
An income tax favourable, guaranteed return of ~5%, and an increased cash flow with no mortgage payment is looking pretty good these days…
A lower credit rating for Canada would result in a financial death spiral…
As interest costs increase, even more new debt would be issued to service the debt, resulting in an even lower credit rating
(Bloomberg) -- Canada is at greater risk of losing its AAA credit rating than other top-rated countries if the government fails to show fiscal...
ca.finance.yahoo.comServing the Best Mortgage Rates in Ontario
We’re Ontario mortgage brokers serving clients the best mortgage rates in Ontario. We use encryption and high-level security to ensure your information and privacy always remain safe. Our approval process has been engineered from start to finish with you in mind, for a pleasant and enriching mortgage experience. Connect with us today and see the difference for yourself.