From BetaKit: While the predicted housing market correction is underway, what has drawn many of these tech companies to the space is a longstanding lack of digital transformation and difficulty for first-time home buyers to enter the market. “Perch is on a mission to simplify homeownership,” said Leduc. “We enable first-time home buyers to get into the market sooner and help homeowners to build wealth efficiently by leveraging home equity.” ➡️ More: https://lnkd.in/g3NV5mg4 #cdntech #proptechnews #mortgagenews
Perch | Mortgages, simplified
Financial Services
Toronto, Ontario 4,551 followers
Canada's most intuitive homeownership platform
About us
We're a digital mortgage broker helping you build wealth through real estate. Whether you’re a first-time home buyer or real estate investor, you can buy sooner and save money with Perch: ● Get a mortgage pre-approval in as little as 20 minutes ● Qualify for up to 50% more compared to going with a bank ● Get an instant mortgage rate quote, without the wait ● Save up to $3,000/year in mortgage interest ● Get alerts on the best time to switch or renew your mortgage and save Check out our free mortgage search engine: https://myperch.io/tools/pathfinder/
- Website
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http://myperch.io/
External link for Perch | Mortgages, simplified
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Real Estate, Mortgage, and Fintech
Locations
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Primary
Get directions
100 College St
150
Toronto, Ontario M5G 1L5, CA
Employees at Perch | Mortgages, simplified
Updates
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📣 The Bank of Canada delivered a 50 BPS rate cut this morning bringing the overnight rate from 3.75% down to 3.25%! Read our blog to learn more about what this means for Canadian homebuyers and mortgage holders.👇 https://bit.ly/3OQXElQ #bankofcanada #rateannouncement #mortgages
The Bank of Canada cuts interest rates on December 11, 2024
https://myperch.io
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The December Mortgage Outlook is live! ❄️ - For the month of December, we anticipate fixed rates will stay flat and variable rates will drop following an expected 0.25% rate cut by the Bank of Canada on December 11th. - Our current best 5-year fixed rate is 4.19% and 5-year variable rate is 5.00% (Prime -0.95%). Read more here: https://bit.ly/49yOUKZ #mortgages #bankofcanada #rates
Latest Mortgage Rate Outlook in Canada for December 2024
https://myperch.io
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🎉🎉 The Bank of Canada delivered a 50 BPS rate cut this morning bringing the over night rate from 4.25% down to 3.75%! 🎉🎉 Read our blog to learn more about what this means for Canadian homebuyers and mortgage holders. Link to the blog in the comments 👇
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The October Mortgage Outlook is live! 🍂 - For the month of October, we anticipate fixed rates will continue to decrease mildly and variable rates will drop following an expected 0.25% rate cut by the Bank of Canada on October 23rd. - Our current best 5-year fixed rate is 4.15% and 5-year variable rate of 5.30% (Prime -1.15%). Read more here: https://bit.ly/3ZIP6Ef #mortgages #rates #boc #outlook #bankofcanada #realestate
Latest Mortgage Rate Outlook in Canada for October 2024
https://myperch.io
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Amazing news for buyers in major markets that wanted to break into the $1-1.5M purchase price range without the full downpayment
The government has announced today a bunch of reforms, but the one in particular that should get people excited is increasing the insured mortgage cap from $1M to $1.5M (meaning people can now buy at this price point with less than 20% downpayment). This should amplify demand on detached, semi and townhome properties in major cities that are typically in that price point. This unfortunately should further excacerbate downward price pressure on condos as people can now skip the condo ownership stage and go straight to their starter home with a lower downpayment. My prediction is that the government will exempt rental properties from the capital gain increase and allow foreign buyers for condos to avoid a worsening of new build condos hitting the market Link in comments
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📣 The Bank of Canada announced a rate cut of 25 bps, bringing the overnight rate to 4.25%. Read more about it here: https://bit.ly/3ZbHnON #boc #rateannouncement #mortgages
The Bank of Canada cuts interest rates on September 4, 2024
https://myperch.io
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📣 The September Mortgage Outlook is now live! - For September, we anticipate fixed rates will continue to decrease mildly and variable rates will drop following an expected 0.25% rate cut by the Bank of Canada on September 4th. - Our current best 5-year fixed rate is 4.29% and 5-year variable rate of 5.55%. Read more here: https://bit.ly/3Tf4cNH #interestrates #mortgage #outlook #bankofcanada #realestate #rateannouncement
Latest Mortgage Rate Outlook in Canada for September 2024
https://myperch.io
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Perch | Mortgages, simplified reposted this
We're hiring a Junior Mortgage Underwriter! The ideal candidate is a mortgage fullfillment person that would like to take that next step in their career or a newer underwriter that would like to be client facing
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📣 The Bank of Canada just announced a rate cut of 25 bps, bringing the overnight rate to 4.50%. Read more about it here: https://bit.ly/4bVU0QS #boc #rateannouncement #mortgages
The Bank of Canada cuts interest rates on July 24, 2024
https://myperch.io