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October 2010 - Posts

BUY AND SELL WITH US PROMOTION- Halloween Special
ATTENTION: Home Sellers Looking to Sell Your House and Move In to Your Next Home! Are you thinking of selling your home? Let Natalie help you sell your and find your next home! Natalie is giving out $500.00 gift card(s) to help you SELL AND BUY! Contact Read More...
FIRST TIME HOME BUYER PROMOTION- Halloween's Special
ATTENTION: First Time Home Buyers! Are you thinking of buying your first home? Let Natalie help you find your first home! Natalie is giving out $300.00 gift card(s) to help you with your first home! Terms and Conditions Apply. Contact Natalie for details. Read More...
Bank Of Canada holds key rate _ October 19, 2010
The Bank of Canada held its target for the overnight rate at one per cent on October 19 th , 2010 after having raised it by a quarter of a percentage point in June, July and September. Correspondingly, the Bank rate remained steady at 1.25 per cent and Read More...
Fixed-Rate Mortgage Forecast
Banks foresee 5-year bond yields climbing 117 basis points in the same 15-month timeframe. That would put the 5-year yield at 3.41% by the end of next year. The 10-year average of the five-year yield is 3.93%. Assuming a typical 120 basis point spread Read More...
Variable-Rate Mortgage Forecast
Most analysts now expect the Bank of Canada to remain on the sidelines until 2nd quarter 2011. On average, major economists now predict a 100 basis point increase in the overnight rate over the next 15 months. Their outlooks, if accurate, imply a 4.00% Read More...
The importance of a Mortgage "Term"
There's an old saying: "The lowest rate will save you hundreds, but the wrong term can cost you thousands." Put another way: your mortgage term can have a far greater impact on interest cost than the up-front interest rate. That’s Read More...
GTA Housing Market Conditions Remain Healthy in September 2010
October 5, 2010 -- Greater Toronto REALTORS® reported 6,310 sales through the Multiple Listing Service® (MLS®) in September 2010. This represented a 23 per cent decrease compared to the 8,196 sales recorded during the same period in 2009. Read More...
Why Is Your Mortgage "Term" Important?
There's an old saying: "The lowest rate will save you hundreds, but the wrong term can cost you thousands." Put another way: your mortgage term can have a far greater impact on interest cost than the up-front interest rate. That’s Read More...