Category Archives: toronto real estate

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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To Sell or Not to Sell?!

Homeowners face a double dilemma when dealing with the prospect of selling their homes. How do you make sure the decision to sell is the right one? When is the right time to sell? Traditionally, the four major reasons why and when people sell their homes are financial and market conditions, employment changes, family matters and lifestyle changes. However, the current issue of low interest rates and a large selection of homes also has a great bearing. These reasons not only affect your decision to sell, they can greatly impact your options about when to sell. – Financial and market … 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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