Buyers

Great New Listing-The Eiffel Tower at Bathurst and Steeles

Posted on June 7, 2009. Filed under: Buyers, Condominiums, Real Estate, Toronto | Tags: , , , , , |

Luxurious Eiffel Tower By Menkes. This Penthouse Has An Unobstructed And Quiet North View, 9 1/2 Foot Ceilings, Approx. 860 Square Feet, Bright Open Concept Kitchen And A Balcony. Walk To Shops, Restaurants, And Synagogues. Close To The Promenade And Centrepoint Malls. Gatehouse And Building Entry Security System. Transit @ Doorstep, [...]

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Great Thornhill Woods Home

Posted on April 20, 2009. Filed under: Buyers, Information, Real Estate | Tags: , , |

This great family home in Thornhill Woods was built by the Conservatory Group. Enter the home through a large vestibule with ceramic tile. The hallway and staircase are oak. Living room and dining room are on one side of the home and the family room is on the other. The home has an open concept [...]

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Weekly Mortgage Rates-April 6, 2009

Posted on April 6, 2009. Filed under: Buyers, Information, Mortgage Rates, Real Estate |

BEST RATES

Monday, April 6, 2009

Term
Bank Posted
Discount Rates

6 Month
5.20%
5.00%

1 Year
5.00%
3.25%

2 Year
5.00%
3.90%

3 Year
5.15%
3.99%

4 [...]

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Costs Of Home Ownership

Posted on March 20, 2009. Filed under: Buyers, Information, Real Estate, Toronto | Tags: , , , , |

Anyone who owns a home knows that there are many additional costs associated with owning a home. Many first-time homeowners base their decision to buy a home on their ability to make the monthly mortgage payments. In fact, there are many other costs that go into owning a home than just the mortgage payment.
First-time homeowners [...]

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Interest Rates Lowest Ever

Posted on March 19, 2009. Filed under: Buyers, Investors, Real Estate, Toronto | Tags: , , , |

- In another attempt to stimulate the sluggish economy, the Bank of Canada governor Mark Carney cut the interest rate to 0.5%, the lowest ever. The Bank has cut the key rate by four percentage points since December 2007.
In its announcement the Bank stated that this rate is to remain at its current level or [...]

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First Time Home Buyers to the Rescue

Posted on March 4, 2009. Filed under: Buyers, Information, Real Estate, Toronto | Tags: , , , |

At it’s peak, first time home buyers accounted for almost 70% of all buyers purchasing homes.  Now it is hovering around 40%.  I have noticed recently, that this number is once again on the rise.  In the last week, I have met 3 first time home buyers who are starting their search for their first [...]

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Would You Pay 50% of Your Income on Rent?

Posted on March 3, 2009. Filed under: Buyers, Condominiums, Information, Real Estate | Tags: , , , , , , , |

1 in 5 tenants in Ontario do.  That is a lot of money to spend to have a roof over your head.  Rents are very high right now because of lower vacany rates.  A landlord knows he can charge more for rent because there are more tenants competing for the property.
If you have good credit [...]

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GST-PST Harmonization

Posted on February 27, 2009. Filed under: Buyers, Information, Real Estate, Sellers |

February 24, 2009 – In recent weeks, Ontario Premier McGuinty has publicly indicated that the provincial government may consider combining the federal Goods and Services Tax (GST) with the Provincial Sales Tax (PST) into one harmonized sales tax. The Ontario Real Estate Association (OREA) has indicated its opposition to this proposal and is continuing to monitor [...]

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Weekly Mortgage Rates-February 23, 2009

Posted on February 23, 2009. Filed under: Buyers, Mortgage Rates | Tags: , , |

BEST RATES
Monday, February 23, 2009

Term 
Bank Posted
Discount Rates

6 Month
5.20%
5.20%

1 Year
5.00%
3.99%

2 Year
5.75%
4.75%

3 Year
5.75%
4.29%

4 Year
5.69%
4.39%

5 Year
5.79%
4.10%

7 Year
7.00%
5.90%

10 Year
7.35%
6.05%

Variable Rate
3.60%

Rate Are Subject to Change Without Notice. Some Conditions Apply.
 
Visit www.mortgageproduction.ca 

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Weekly Mortgage Rates-February 16, 2009

Posted on February 17, 2009. Filed under: Buyers, Mortgage Rates, Mortgages, Real Estate | Tags: , , , |

BEST RATES
Tuesday, February 17, 2009

Term 
Bank Posted
Discount Rates

6 Month
5.20%
5.20%

1 Year
5.00%
3.99%

2 Year
5.75%
4.75%

3 Year
5.75%
4.29%

4 Year
5.69%
4.39%

5 Year
5.79%
4.29%

7 Year
7.00%
5.90%

10 Year
7.35%
6.05%

Variable Rate
3.60%

Rate Are Subject to Change Without Notice. Some Conditions Apply.
Apply for a pre-approval today at www.mortgageproduction.ca 

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