Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2015 

Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.48%Canada Housing 06/15/21 [+0.05]       5 Year - 0.89%CAN 0.75 09/01/20 [+0.05]       0.80% [-]                       10 Year - 2.14%Canada Housing 12/15/25 [+0.04]       10 Year - 1.54%CAN 2.25 06/01...
10/30/2015
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
10/28/2015
TERM POSTED Preferred RATES* 6 month 3.1% 3.1% 1 year 2.89% 2.29% 2 year 2.84% 2.19% 3 year 3.39% 2.25% 4 year 3.89% 2.54% 5 year 4.64% 2.49% 7 year 5.3% 3.44% 10 year 6.75% 3.84% Variable 1.95% Prime 2.7% BenchMark 4.64% Cost per $1,000 $4.47 * Cost per $1000 based on 5yr fixed term rate compou...
10/27/2015
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.39% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.05%  
10/26/2015
Question:A numbered company, the Buyer in a proposed transaction has limited funds. The Mortgage company is willing to lend 70.0% of purchase price and my client the owner is willing to take back a second mortgage for the balance.Apparently, the Mortgage company doesn’t want to see the vendor tak...
10/26/2015
 Please refer to:http://activerain.com/blogsview/4771036/re-structuring-the-second-mortgage-in-ontario 
10/24/2015
Short Sale and the CommissionQuestion:I am concerned about taking on a listing and my potential liability to the Buyer’s agent for commission. The equity in the house appears to be on the negative side now.Is there a way to limit my own risks here? Answer:There are numerous opportunities here dep...
10/24/2015
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.45%Canada Housing 06/15/21 [+0.02]       5 Year - 0.85%CAN 0.75 09/01/20 [+0.01]       0.80% [-]                       10 Year - 2.13%Canada Housing 12/15/25 [+0.03]       10 Year - 1.51%CAN 2.25 06/01...
10/23/2015
 Disclosure of a Murder in the House Decades AgoQuestion:The house across the street is up for sale. It is listed with a real estate agent. I know that the house was a “murder scene” almost 35 years ago. The property is currently rented and I’m sure that the tenants don’t know. Should I call the ...
10/22/2015
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%  
10/21/2015
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BrianMadigan

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