Source: Hannif Highclass Publish:Toronto real Estate Blog: March 28, 2012 Tens of thousands of homeowners are at risk of break-ins and assaults – if their personal information is made available online when they sell their homes, the country’s largest real estate board charges in a blistering attack against the country’s competition commissioner. The Toronto [...]
Source: Hannif Highclass Publish:Toronto real Estate Blog: March 26, 2012 RBC Hikes Record-Low Rate, Signalling End Of Ultra-Cheap Mortgages The clock is about to strike midnight for mortgages rates that have been the best deal of the past half century — at least as far as the major banks are concerned. Bank of Montreal’s [...]
Royal Bank Canada is raising its posted fixed and variable mortgage rates, of between 10 and 50 basis points in a sign the era of ultra low borrowing could be drawing to a close.
The Toronto-based lender said its posted five-year closed mortgage rates will move up 20 basis points to 5.44 per cent effective Mar. 29, while bank’s special fixed rate offer on a four-year fixed rate will add 50 basis points to 3.49.
Source: Hannif Highclass Publish:MY BLOG: Toronto Real Estate: March 03, 2012 MoneySense Names Ottawa Best Place To Live For the third year running, MoneySense magazine has named Ottawa as Canada’s best place to live, citing its “cultural offerings” and “family-friendly lifestyle” as some of the nation’s capital’s best attributes. MoneySense considered factors such as [...]
TD Bank to Government of Canada !
**Raise Minimum Down Payment For Home Buyers.
**CMHC’s flex down program.
**Actions to constrain lending growth may be prudent.
**Shortening the maximum amortization to 25 years from 30.
Source: Publish:MY BLOG: Toronto Real Estate: March 15, 2012 Overseas investors are snapping up properties in Canada’s largest cities, driving up prices and pushing ordinary Canadians out of the Housing Market. Real estate experts call it the “new reality,” and the high price paid for a north Toronto bungalow is the latest evidence. This [...]
Should You or Should You Not Give Out Your SIN!
When you visit your Mortgage Broker or Banker for the first time to obtain a mortgage pre-approval, there are certain documents and information you will be asked to provide so your mortgage application can be completed.
Lenders, in general, like to see SINs on mortgage applications. As CAAMP’s VP of Education and Professional Affairs, Mark Webb, notes: “Lenders ask for the SIN but the client has no obligation to provide it. If the client refuses then it is up to the lender to assess how they will respond to the application.”
—-Tips to protect your Social Insurance Number
—-When should you provide your Social Insurance Number?
—-When should you NOT provide your SIN?
Source: Hannif Highclass Publish:MY BLOG: Toronto Real Estate: March 9, 2012 Big 5 Banks Drop Rates To Record Lows In Apparent Mortgage War All five of Canada’s major banks are now engaged in a war for home buyers that will likely alarm policy makers concerned about Canada’s record levels of household debt. But what may [...]
Questions to Ask a Real Estate Agent – How to Interview an Agent.
Smart consumers interview potential real estate agents before deciding on whom to hire. Just as you are sizing up the potential for a good fit, rest assured that the real estate agent will likely be interviewing you, too. Be wary of agents who don’t ask you questions and probe for your motivation. You wouldn’t work with just any agent off the street, and good agents are just as selective about their clients, too.
Six ways to make sure you buy the right house
How To Get The Highest Price For Your Property
Choosing the right agent is crucial if you want to pay the right price for your property with the least amount of stress.. Your agent should be skilled, a good negotiator and must understand your needs and wants.. When necessary, selling the negatives of properties. It means that your agent works for you and not for the other home sellers or their agents..
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