Category Archives: buying a home

Mortgage Rates Could Drop…

Interest Rates May Be Coming Down

Canadian fixed-term mortgage rates could fall to even more affordable levels after roiling financial markets pushed the yield on five-year government bonds to record lows on Tuesday. As investors fled equities in recent days, money poured into the haven of Canadian government bonds, pushing prices up and yields down sharply. Because banks borrow government bonds to help finance their fixed-rate mortgages, there is a tight link between five-year bond yields and five-year mortgage rates. “We have seen a precipitous drop in five-year bond yields,” said Toronto-Dominion Bank chief economist Craig Alexander, mainly because Canadian bonds look so attractive because of … Read more

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JUST LISTED: 33 Mill St #1005 – $359,900!

‘Pure Spirit Condos’ One Bedroom + Den Parking + Locker Included! South Lave View! One Of The Best Layouts In Building 579 Sqft+ 105 Sqft Balcony! Located In The Heart Of The Historic Distillery District. Boutiques, Art Galleries, Cafes, Restaurants And The Theatre At Your Doorstep. 9′ Exposed Concrete Ceiling, Wide Living/Dining Area, Floor To Ceiling Windows, Sliding Glass Door…s In Bedroom. Full Amenities Including Outdoor Pool & Jacuzzi! Parking & Locker Included! A Must See! Fully Upgraded Kitchen! All Stainless Steel Appliances! Fridge,Stove,B/I Dishwasher,B/I Microwave W/ Exhaust Fan, Granite Counters, Back Splash, Extra High Cabinets, Center Island W/ Granite … Read more

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Builder Spot Light: Menkes

Twenty-five years ago, it took a leap of faith to believe that the sleepy bedroom community north of Highway 401 would become a major urban centre. Read more

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90% of Home Buyers Use The Internet & Social Media While Search For A Home!

36% of purchasers first learned about their new home from the internet; only 2% from the newspaper…. How did you start your real-estate search?? According a survey conducted by the National Association of Realtors, 90 percent use the Internet. Buyers also use other resources; however, they generally start the search process online and then contact an agent. How did you learn about the home you purchased? 36 percent of buyers said the Internet; 36 percent of buyers said a real estate agent. Only 2 percent from a newspaper. According to the NAR survey: Buyers use a wide variety of resources … Read more

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