My Rates

1 Year 3.19%
2 Years 3.04%
3 Years 2.99%
4 Years 2.99%
5 Years 2.74%
7 Years 2.99%
10 Years 3.09%
6 Months Open 6.70%
1 Year Open 4.45%
*Rates subject to change and OAC
Steven Greenidge Mortgage Agent

Steven Greenidge

Mortgage Agent

30 St Patrick Street, Toronto, Ontario









Welcome and Thank You.

I look forward to assisting you with your financial needs.  Contact me today!

Steven Greenidge, Realtor & Mortgage Agent.



Airmiles Mortgage

Citadel Mortgages now Offers AIR MILES® Reward Miles. Get up to 1,000 Miles on every mortgage that closes with Citadel Mortgages.

  • Citadel Mortgages Offers AIR MILES® Reward Miles.
  • Get up to 1,000 Miles on every mortgage that closes with Citadel Mortgages.
  • 500 AIR MILES® Bonus Miles *- Get 500 Bonus Miles, for every friend that needs a mortgage that you refer to a Citadel Mortgage Agent and that successfully closes with Citadel Mortgages*.

Learn More

  • All of the following Mortgages Qualify: – First Mortgages – Second Mortgages – HELOC – Refinancing & Private Mortgages.  Please note the mortgage has to close, and you can not combine this with any other offer. Rules are subject to change at any time and a Citadel Mortgage agent will explain all details. Please see all the details listed below.
  • Join now in a few simple steps at airmiles.ca if you are not an AIR MILES Collector yet
  • Learn how fast your Miles can add up from your mortgage agent at Citadel Mortgages today!

attain Mortgage

More than just Mortgages. We can help you build your future.


All Cards

BLOG / NEWS Updates

Minister Morneau announces new benchmark rate for qualifying insured mortgages

For many Canadians, their home is the most important investment they will make in their lifetime. That is why the Government of Canada has introduced measures to help more Canadians achieve their housing needs while also taking measured actions to contain risks in the housing market. A stable and healthy housing market is part of a strong economy, which is vital to building and supporting a strong middle class. Today, Minister of Finance, Bill Morneau, announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the stress test. These changes will come into effect on April 6, 2020. The new benchmark rate will be the weekly median 5-year fixed insured mortgage rate from mortgage insurance applications, plus 2%. This follows a recent review by federal financial agencies which concluded that the minimum qualifying rate should be more dynamic to better reflect the evolution of market conditions. Overall, the review concluded that mortgage standards are working to ensure that home buyers are able to afford their homes even if interest rates rise, incomes change, or families are faced with unforeseen expenses. This adjustment to the stress test will allow it to be more representative of the mortgage rates offered by lenders and more responsive to market conditions. The Office of the Superintendent of Financial Institutions (OSFI) also announced today that it is considering the same new benchmark rate to determine the minimum qualifying rate for uninsured mortgages. OSFI is seeking input from interested stakeholders on this proposal before March 17, 2020.

The Contagion of Fear

Fears of a possible coronavirus pandemic are sweeping the world. Markets are jittery with little hard data to go on. With the first case now reported in Canada, many are recalling the 2003 SARS where Canada was one of the epicenters. Arguably the biggest (economic) lesson from that experience is that fear is the biggest risk to the outlook. The impact of the SARS pandemic on the Canadian economy is difficult to estimate, confounded as it was by the slowing US economy, the invasion of Iraq and other events, but the Bank of Canada estimated -0.6ppt hit to annualized growth in Q2-2003, or just over 0.1% on the level of GDP. While it is premature to predict the path of todays coronavirus outbreak, we estimate that a SARS-equivalent pandemic today could have a similar impact on the Canadian economy with an estimated hit of just over 0.1% on the level of GDP by mid-2020, at which point a pandemic should be contained. This estimate is subject to a significant degree of uncertainty with risks skewed to a potentially larger impact. The effect should not be significant enough to trigger a broader economic malaise, but could this finally push Governor Poloz over the line to proactively stimulate the economy in his next rate call? Source: https://www.scotiabank.com/content/dam/scotiabank/sub-brands/scotiabank-economics/english/documents/insights-views/2020-01-27_IV.pdf


TD Bank Scotia Bank Attain Mortgage First National MCAP B2B Bank
Home Trust Merix Equitable Bank Street Capital CMLS Fisgard Capital
ICICI Bank Optimum  RMG Mortgages Bridgewater Marathon Mortgages