Latest Mortgage Rates
| Term | OUR RATES | Banks |
| Updated August 8, 2010 | 0.0 % | 0.0 % |
| Variable ARM | 2.05 % | 2.65 % |
| 1 Year Closed | 2.60 % | 3.75 % |
| 2 Year Closed | 3.04 % | 4.05 % |
| 3 Year Closed | 3.54 % | 4.65 % |
| 4 Year Closed | 3.74 % | 5.25 % |
| 5 Year Closed | 3.65 % | 5.85 % |
| 50/50 Mortgage 3 yr | 2.87 % | 0.00 % |
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Kitchener Mortgage Broker for Mortgages in Kitchener
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Financing Kitchener for Over 20 Years Hi, I'm Amanda. Whether you're buying your first or next home, taking equity out of your existing home or your Kitchener mortgage is up for renewal, I can help you. I can even get you a bad credit mortgage. I work with over 100 lenders to find the best possible rate and flexible options for your needs. I'm still shocked by the number of people who still go to their bank to get a mortgage. That is not your only and especially not your best option. When was the last time you remember a bank saving you money? The bank will gladly show you all sorts of 'options', but these options are only variations of the one and only product the bank has to offer you. Is their 'best rate' truly the best rate on the market? Will being loyal to your bank save you, or cost you money? Just like every other product you purchase, a wise consumer will shop around. Let me do that shopping for you! In these tough economic times, I want only the very best for you and your family. My job as your Kitchener mortgage agent is to find you the lowest possible mortgage rate and to save you your time and the frustration of looking around. Through my experience in the mortgage industry in Kitchener I will be able to quickly deliver your options. Best of all, in almost all cases, my service is free. The lender will pay my fee. I'm here for you, and I am available wherever and whenever it is convenient for you. I work days, evenings and even all weekend. You can apply now or pick up the phone and call me today. |
Name: Amanda Cluett Tel (Local): 416-524-5432 Tel (Toll-Free): 1-877-5 RATES 1 amanda@bestmortgagerates4u.ca |
Buying a Home First Time Home Buyer Mortgage Renewals
Looking for your first or Tips and stuff you need to know Maturing mortgage? Nows a
or next home? Start by about buying your first home. great time to look at all your
Mortgage Refinance Bad Credit? Investment Property
Mortgage Refinance Bad Credit? Investment Property
Mortgage Refinance Bad Credit? Investment Property
About Kitchener The City of Kitchener is a city in Southern Ontario, Canada. It was the Town of Berlin from 1854 until 1912 and the City of Berlin from 1912 until 1916. The city had a population of 204,668 in the Canada 2006 Census. The metropolitan area, which includes the neighbouring cities of Waterloo and Cambridge, has 451,235 people, making it the eleventh largest Census Metropolitan Area (CMA) in Canada and the fifth largest CMA in Ontario. It is the seat of the Waterloo Regional Municipality, and is adjacent to the smaller cities of Cambridge to the south, and Waterloo to the north. Kitchener and Waterloo are often referred to jointly as “Kitchener-Waterloo” (K-W), although they have separate municipal governments. Including Cambridge, the three cities are known as “the tri-cities”. The City of Kitchener covers an area of 136.86 square kilometres. In 2004, the city celebrated its 150th anniversary. While Waterloo has benefited from the presence of two universities and a number of high tech companies, Kitchener has been a more blue-collar town. The auto-parts manufacturer Budd Canada, now known as Kitchener Frame, continued to employ over 1500 workers until its close in December 2008, due to the ongoing economic crisis. The city is home to four municipal business parks: the Bridgeport Business Park, Grand River West Business Park, Huron Business Park and Lancaster Corporate Centre. The largest, the Huron Business Park, is home to a number of industries, from seat manufacturers to furniture components. A number of the old industrial companies of Kitchener have fallen on harder times: the Kaufman shoe manufacturer closed its factory and companies like Electrohome have ceased local production in favour of licensing or supply agreements with overseas makers. Schneider’s Foods (a meat producer) has been bought out by Maple Leaf Consumer Foods, but continues operations in Kitchener. According to the 2006 Census, 24.2% of the labour force is employed in the manufacturing sector. Kitchener’s downtown core, though improved in recent years, has experienced urban decay, thanks largely to the decline of industrial jobs in the city and the growth of its suburbs. Things worsened when urban renewal plans in the 1960s cost the city its neo-classical city hall and did not achieve its goals of redevelopment. In the late 1990s, an arsonist began destroying abandoned and underused buildings in Kitchener’s downtown, the issue of downtown renewal and cleanup of the adjoining Victoria Park neighbourhood came to the forefront in municipal elections and has been the focus of city council for the past ten years. Achievements during this period include selling off a dying mall and converting it to office space for Manulife Financial, a major insurance firm, relocating a theatre downtown, known as the King Street Theatre Centre, converting the old Goudies department store to a Children’s Museum, and converting vacant industrial space into residential lofts and condominiums. The city now boasts a new city hall, which opened in September 1993. Your Kitchener Market, the modern incarnation of its historic farmers market, opened in 2004.[8] Other projects include an assortment of lofts, utilizing old factories and other buildings. Various plans for 20 floor condo units have been put in place. And although Waterloo is home to many insurance companies, two universities, and high-tech industries, Kitchener is hoping to increase demand for office space by building office towers and inviting companies from around the golden triangle to move in. The groundbreaking ceremony for the University of Waterloo school of pharmacy and downtown health sciences campus was officially held on March 15, 2006, and the facility opened in spring 2009. The building is located on King Street near Victoria Street, on the site of the old Epton plant, across the street from the former Kaufman shoe factory (now converted to lofts). Economic and social impacts from the new health sciences campus that are expected to be felt locally include: the potential for more family doctors and other health professionals practicing in the city and region; significant economic benefits associated with an injection of as many as 1,200 students, faculty and staff to the downtown core each day and spin off business and industry that will diversify the economy and bring additional jobs to the area. The redevelopment of the ‘Centre Block’ in downtown Kitchener has its vision set and is planned to start. It will include a 12 story and an 18 story condominium, more retail spaces, the redevelopment of the Mayfair Hotel and a central courtyard. In spring 2009, work began on a major redevelopment of King Street, which focuses on making the street more pedestrian-friendly with the addition of wide sidewalks and more aesthetically pleasing features such as new planters. Parking on King Street will also be redesigned. The project will extend from Frederick/Benton Streets to Francis Street. Coinciding with the renovation of King Street is the complete overhauling of Speaker’s Corner at the corner of King and Benton Streets, and the transformation of a parking lot at the corner of Charles and Benton Streets into a bright, modern, multi-story parking facility to accommodate the influx of vehicles when new businesses open and other parking lots are redeveloped. The Province of Ontario has committed to building a new provincial courthouse in downtown Kitchener, on the block bordered by Frederick, Duke, Scott and Weber streets. The new courthouse is expected to create new jobs, mainly for the courthouse itself, but also for other businesses, especially law offices. It is expected that the new courthouse construction will begin in 2010. Highways and expressways The Conestoga Parkway bears the provincial highway designations of Highways 7 and 8. King Street becomes Hwy 8 where it meets the Conestoga in the south and leads down to the 401, but Old King Street survives as the street-route through Freeport to the Preston area of Cambridge. Up until construction of the Conestoga, Highland Road through Baden had been the primary highway to Stratford. Victoria Street was then and remains the primary highway to Guelph but this is slated to be bypassed with an entirely new highway beginning at the Wellington Street exit and running roughly north of and parallel to the old route. There are two interchanges with Highway 401 on Kitchener’s southern border. In addition to the primary link where Hwy 8 merges into the Hwy 401, there is another interchange on the west side with Homer Watson Boulevard. In order to reduce the congestion on Highway 8, a new interchange has been proposed on Highway 401 at Trussler Road, which would serve the rapidly growing west side of Kitchener. Although this proposal is supported by the Region of Waterloo, the MTO has no plans to date to proceed with an interchange at Trussler Road. City streets Unlike most southern Ontario cities whose streets follow a strict British grid survey pattern, Kitchener’s streets are laid out in a complex radial pattern on the Continental models most familiar to the German settlers. There is good historical reason for this. Kitchener was one of the few places in Ontario where the settlers arrived in advance of government surveyors. The Mennonites who had banded together as the German Company to purchase the township from Richard Beasley simply divided their vast parcel of land by the number of shareholder households and then drew random lots to confer title on individual farms. There was no grid survey done—no lines, no concessions, no right-of-way corridors for roads. When it came time to punch roads through the wilderness, the farmers modelled the road network on what was familiar to them, which was the pattern of villages in Switzerland and southern Germany. This is a Continental Radial pattern and the result was major streets extended through diagonals cutting across the grid of smaller streets and converging at multiple-point intersections which, as the communities became more prosperous and if the automobile had not displaced the horse, might someday have become roundabouts decorated with circular gardens, fountains or statuary in the style of European cities. Five-point intersections created by converging diagonals are legion in the older areas. In 2004, roundabouts were introduced to the Region of Waterloo. Besides improving traffic flow, they will help the region lower pollution from emissions created by idling vehicles. In 2006, the first two were installed along Ira Needles Boulevard in Kitchener. Roundabouts are ideal for intersections in this region because of the aforementioned historical growth along Continental radial patterns versus the British grid systems. For forty years, there has been a sharply controversial plan to extend River Road through an area known as Hidden Valley, but the pressure of traffic and the absence of any other full east-west arterials between Fairway Road and the Highway 401 is now forcing this development ahead. Most streets that cross the municipal boundary between Kitchener and Waterloo retain the same street name in both cities. However, several streets which are divided into east and west sections in Kitchener shift to a north-south division in Waterloo. This primarily affects Weber and King Streets and Westmount Road. Since these roads do not actually change their primary directional alignment significantly, the shift in labelling can create confusion, since each of the aforementioned thoroughfares bears the labels north, south, west, and east on certain segments. However, it also reduces the potential confusion that would result from having separate west and east segments of the same street existing simultaneously in both cities. The problem with giving streets in Waterloo Region compass-based labels, and attempting to divide each of the cities into quadrants comes from the radial layout of the roads, and the historical patterns of development. Waterloo’s quadrants, created by the intersection of King and Erb Streets, roughly correspond to compass directions, but Kitchener’s quadrants, delineated by King and Queen Streets, do not resemble compass directions whatsoever. A notable case is that of Lancaster Street, which runs almost exactly north-south, but is designated as east-west, since it crosses Queen Street, which divides the “east” and “west” halves of the city, yet follows a northeast-southwest orientation itself. Public transport Recently, proposals have been put forth regarding a rapid transit system serving the downtown cores of all three cities. An Environmental Assessment is being conducted by the Region. The current phase (2) of the EA is looking at options for technology, route, and station locations for the Region. Numerous Public Consultation Centres have been held where the public is encouraged to give feedback on the Rapid Transit Initiative. Railways Passenger rail service has long been a point of frustration for residents of Kitchener and its neighbouring cities. Two main lines come westward out of Toronto and then meet up again in London. The northern line passes through Guelph, Kitchener and Stratford to London. The southern line goes along the heavily-populated lakeshore to Oakville, then Brantford, then Woodstock, and then to London. This southern line is the primary rail corridor for CN, while the northern line through Kitchener is owned by a short-line railway called the Goderich-Exeter Railway (GEXR). The track and signalling conditions on the north and south route are very different which allows trains on the southern route to operate more frequently and more quickly, whereas trains on the northern route take an 1 hour and 40 minutes on average to get from Kitchener to Toronto and with a single track in use often need to pull into sidings to let oncoming trains pass. Consequently, Kitchener, with a regional population base equal to London and situated much closer to metropolitan Toronto, gets less than one third the frequency of passenger rail service. Passenger service is provided by VIA Rail. Three trains in each direction travelling between Sarnia and Toronto stop at the Kitchener railway station daily. The station is slightly to the northeast of the city’s downtown on Weber Street near its intersection with Victoria Street. GO Transit does not serve Kitchener; the nearest Go Train station to Kitchener is Milton station. City councillors and public petitions have called for the extension of GO Train service to the Region of Waterloo, but at present GO is studying if it will go beyond already-announced bus links. On September 2008, GO Transit announced a feasibility study into extending GO train service on the Georgetown line through Guelph to Kitchener, contingent on a source of funding. Freight trains in Kitchener are operated by the Goderich-Exeter Railway and the Canadian Pacific Railway. These railways serve several customers (including ThyssenKrupp Budd), many of which are located in industrial parks in southern Kitchener. Air The closest airport to Kitchener is the Region of Waterloo International Airport in nearby Breslau, but while it is a thriving general-aviation field, it is not heavily-served by scheduled airlines. Most air travellers use Toronto’s Lester B. Pearson International Airport. Although there are no permanent public transport links from Kitchener to any of these airports, Northwest Airlines has three flights daily to Detroit’s Wayne County Metropolitan Airport and Westjet to Calgary respectively. Mesaba Airlines, using Saab 340 twin prop aircraft, is the regional carrier affiliated with Northwest and operates under the name Northwest Airlink. Westjet uses their 737-700 aircraft from their Calgary hub. They started service out of Waterloo International Airport on May 14 2007 for the summer season and then decided they will fly year-round due to strong passenger demand. Bearskin Airlines started offering service in the fall of 2007 with three flights daily between Kitchener and Ottawa using a Fairchild Turboprop aircraft. Strong demand has resulted in Bearskin Airlines adding a fourth flight on Fridays. During the winter vacation period Dec. 2005 to March 2006, Sunquest Vacations and Signature Vacations started flights to Mexico and the Dominican Republic, using Airbus A320 Aircraft. Both Signature and Sunquest have returned for the 06-07 and 07-08 winter seasons along with the addition of Sunwing with services to Punta Cana and Puerto Plata, DR, and Montego Bay, Jamaica. Recent upgrades to the runways, approach lighting and terminal building are permitting larger aircraft to use this airport. Air Canada has been in talks with the Region with an eye on starting flights to Montreal and WestJet is considering additional destination. Click the link to view the most recent Kitchener property tax rates. Kitchener Development Projects Click the link to see Kitchener Development Projects
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Highway 8 as seen from Franklin Street bridge.Kitchener was very proactive and visionary about its transportation network in the 1960s, with the province undertaking at that time construction of the Conestoga Parkway from the western boundary (just past Homer Watson Boulevard) across the south side of the city and looping north along the Grand River to Northfield Drive in Waterloo. Subsequent upgrades took the Conestoga west beyond Trussler Road and north towards St Jacobs, with eight lanes through its middle stretch.
GRT busSince 2000, public transport throughout the Region of Waterloo has been provided by Grand River Transit, which was created by a merger of the former Cambridge Transit and Kitchener Transit. GRT operate a number of bus routes in Kitchener, with many running into Waterloo and two connecting to Cambridge. In September 2005, GRT added an express bus route called iXpress from downtown Cambridge through Kitchener to north Waterloo.Kitchener Property Taxes
To help Kitchener residents looking for some quick and basic facts on a variety of important municipal programs, services, initiatives and accomplishments, the city has created a series of short fact sheets. The list of kitchener fact sheets is an ongoing work in progress. New fact sheets will be added all the time, so check back often.
Why Choose a Kitchener Mortgage Broker
When looking for mortgages, rates are not the only thing you want to look at. If you talk to a mortgage broker in Kitchener, they can give you all the information to make the right choice. People are always interested in just getting the lowest mortgage rates but forgetting about important stuff like flexibility and pre-payment abilities within their mortgage. A mortgage broker can give you professional advice and help you avoid any problems in the future. Some lenders give you penalties when paying off your mortgage faster or charge you fees if you want to switch to another lender. So its good to talk to a mortgage broker so they can help you decide which lender is best for you.
Mortgage brokers in Kitchener have access to a wide variety of lenders, usually about 40. Our company has access to over 100 lenders for your ontario mortgage. We have been a mortgage brokerage for over 20 years and we have access to alot of private lenders that alot of mortgage brokers dont have. Any good mortgage broker in Kitchener should have a large variety of lenders so you can get that competitive mortgage rate with the best options.You should feel comfortable with your mortgage broker. We take the time to get to know you and find out your needs and wants. We will treat you like one of our own family and get you the best ontario mortgage we can. We are there from start until finish, and our job is not finished once you recieve your Kitchener mortgage. We are with you as long as you need us. Any questions about your Kitchener mortgage throughout its whole term you can always come to us and we will answer those questions for you. We are your Waterloo mortgage broker for life.
Trillium mortgage has been financing ontario mortgages for over 20 years. We have many agents and have access to well over 100 lenders. We help all our clients make informed decisions for all their ontario mortgage needs. Whether it be first,second or third mortgages, renewals, refinancing, equity take out and even debt consolidation. Trillium mortgage can get you financing anywhere in ontario, even with bad credit. We also have great programs for people who are self-employed and have problems getting a mortgage in ontario. Unlike many mortgage brokers in Kitchener we have access to many commercial lenders, you can ask your trillium mortgage broker for more information.
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