HOME RATES ABOUT SERVICES VIDEO BLOG CONTACT ME TEAM
AGENT LICENSE ID
M16002553
BROKERAGE LICENSE ID
10349
Leo Saleh Mortgage Broker

Leo Saleh

Mortgage Broker


Phone:
Address:
7676 Woodbine Avenue. suite 100, Markham, Ontario, L3R2N2

BROWSE

PARTNERS

COMPLETE

THE SURVEY

REFER

A FRIEND

Buying a home is one of the most exciting milestones of your life, especially when it’s your first property! I’m here to help take the stress out of the homebuying and mortgage processes by navigating each step with you and answering all your questions along the way.

 

First, it’s important for me to help you determine how much you can comfortably afford to spend on a home, taking into consideration such things as your current income and debt levels.

 

Next, we’ll examine your credit to ensure you’re a good candidate for a mortgage in the eyes of lenders.

 

When you’re ready to buy a home – whether it’s your first or fifth – I’ll get multiple lenders competing for your business to ensure you’re gaining access to the very best options available today. We’ll also secure a rate hold so that you can head off house hunting without worrying about interest rates rising while you find your dream home.

 

I’ll explain the top options to you in detail and help select the one that’s best suited for your short- and long-term financial goals.

 

And if you’re not quite ready to buy now, I can help set you on the right path to ensure you can become a homeowner soon. This may include setting a budget to help you save your 5% down payment or suggesting ways to boost your credit so you qualify for the very best mortgage product and rate catered to your unique needs. I’ll build a custom solution just for you.

 

I look forward to helping make your homeownership dreams a reality.


BLOG / NEWS Updates

TD: How likely is another Bank of Canada rate cut in March?

With the second Bank of Canada (BoC) rate announcement this year around the corner on March 12, many Canadians are eager to see if the central bank will cut its lending rate again. In January, the BoC cut its lending rate by 25 basis points, bringing it down from 3.25% to 3%. So, is more rate relief on the way? According to TD Economist Derek Burleton, the BoC is likely to cut its lending rate at the upcoming announcement by 25 basis points. We are anticipating a follow-up cut in March, and TD Economics predicts the central bank will bring its lending rate down to 2.75%, Burleton said. Since the inflation data came out a few weeks ago, market odds of a cut fell as low as 30%, but have since jumped to 90% following the imposition of U.S. tariffs on Canadian exports. So, while theres still a chance that the central bank will announce a rate hold, there is a growing consensus that a cut is in store. Burleton explained that the Bank of Canada needs to help prepare for the economic risks on the horizon especially around tariffs. Even with recent reports showing a resilient job market and robust GDP growth in Canada, the central bank needs to ensure the economy is prepared for U.S. tariffs to hit Canadian exports, he said. https://stories.td.com/ca/en/article/will-bank-of-canada-cut-interest-rates-march-2025

Statistic Canada: Investment in building construction, December 2024

Overall, investment in building construction rose 1.9% (+$408.1 million) to $21.8 billion in December, with gains recorded across all components. The residential sector grew 2.2% to $15.1 billion while the non-residential sector was up 1.3% to $6.7 billion. Year over year, investment in building construction grew 4.7% in December. On a constant dollar basis (2017=100), investment in building construction increased 1.5% from the previous month to $13.0 billion in December and was up 1.6% year over year. Multi-unit component drives residential sector gains in December Investment in residential building construction was up 2.2% (+$323.9 million) to $15.1 billion in December. Single family home investment edged up 0.8% (+$60.7 million) to $7.3 billion in December, marking its fifth consecutive monthly increase. Investment in multi-unit construction rose 3.5% (+$263.2 million) to $7.7 billion in December, rebounding from two significant and consecutive monthly declines. https://www150.statcan.gc.ca/n1/daily-quotidien/250213/dq250213a-eng.htm

MY LENDERS

Scotia Bank TD Bank First National EQ Bank MCAP Merix
Home Trust CMLS Manulife RFA B2B Bank Community Trust
Lifecycle Mortgage ICICI Bank Radius Financial HomeEquity Bank CMI Bridgewater
Sequence Capital Wealth One Fisgard Capital Bloom Financial NationalBank