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Scarborough Mortgage Brokers

Scarborough borders the eastern part of Toronto. Scarborough is said to remind people of old Toronto, but it still retains much of its own character. Scarborough is a very diverse city with many areas that are popular for new immigrants to Canada, which gives the city a very unique cultural feel. Also due to the mature area of the city, it is one of the greenest areas of Toronto.

Demographics

Over 600,000 people live in the city of Scarborough and it is still growing, roughly 6% per year which is the fastest rate in Greater Toronto. Of this population, fifty-four percent of residents are visible minorities. The largest three ethnic groups are Chinese residents which make up about 18% of the population, South Asian residents which account for almost 18% as well and Black Canadians which make up about 10.09% of the population.

Although the price of homes are a little less in Scarborough than Toronto, and your dollar will go a little further, working with Verico Mortgage Options Ltd. will help you keep your mortgage costs down through our lowest mortgage rate offerings. Call today to get started on a pre approval, as the market turns to become more of buyers market you don't want to miss out on your opportunity to get into the market!

What our Scarborough mortgage brokers are saying:

Mortgage brokers in Scarborough are seeing a strong market that has eased a bit over the last year. Obviously the whole Toronto area has been a great investment for our clients over the years and we don't see that changing any time soon.

Mortgage Brokers

Call one of our Scarborough Mortgage Brokers today, or apply online for a Free Pre-Approval today.

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Current
Mortgage Rates
Term   BEST RATES
Variable   2.05
1 Year   2.60
2 Year   3.10
3 Year   3.49
4 Year   3.89
Hybrid   2.87
5 Year   3.99
10 Year   5.49
Zero Down   5.79

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