ARCHIVED BLOG POSTS
2016
What Happens at the End of the First of Two Conditions?Question:If you have two conditions in an offer and they have two different deadlines - if you miss the first one is the deal dead or are you still have the option to fulfill the second?Answer:It depends upon whether the first condition was w...
07/31/2016
Seller Fails to Vacate: Any Remedies in Ontario?Question:I am a Buyers’ agent. The sale closes and the Sellers have not moved out! Buyers’ lawyer just told my buyers basically too bad there’s nothing that can be done. Of course, I'm paying for a hotel room tonight. What exactly does vacant posse...
07/31/2016
Chattels and Fixtures ~ Intermixture of PropertyOntario Real Estate SourceBy Brian Madigan LL.B.Just when you thought that the law of chattels and fixtures was getting somewhat more understandable, there are still a few more issues to consider.The nature of a chattel may change before or after it...
07/31/2016
Commercial bond yields CMB GoC Floating rateinsured cost of funds 5 Year - 1.12%*Canada housing 12/15/21 [-0.01] 5 Year - 0.65%CAN 0.75 03/01/21 [-0.01] 0.94% [-] 10 Year - 1.63%Canada housing 09/15/2...
07/31/2016
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.24% 4 YEARS 3.89% 2.39% 5 YEARS 4.64% 2.49% 7 YEARS 5.30% 2.99% 10 YEARS 6.10% 3.59% Rates are subject to change without notice. OAC E&OE Prime Rate 2.70% 5 yr variable 2.30%
07/31/2016
Commercial bond yields CMB GoC Floating rateinsured cost of funds 5 Year - 1.12%*Canada housing 12/15/21 [-0.01] 5 Year - 0.65%CAN 0.75 03/01/21 [-0.01] 0.94% [-] 10 Year - 1.63%Canada housing 09/15/2...
07/29/2016
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.39% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.20% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...
07/28/2016
Fixed term best preferred rates & posted rates as of July 27, 2016 6 mos 3.10% 3.14%1yr 2.29% 2.89%2yr 2.14% 2.84%3yr 2.24% ...
07/27/2016
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.34% Fixed 5 Year 4.64% 2.35% Fixed 7 Year 5.30% 3.39% Fixed 10 Year 6.10% 3.69% Variable 2.20% Prime 2.70% Benchmark 4.74%
07/25/2016
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.24% 4 YEARS 3.89% 2.39% 5 YEARS 4.64% 2.49% 7 YEARS 5.30% 2.99% 10 YEARS 6.10% 3.59% Rates are subject to change without notice. OAC E&OE Prime Rate 2.70% 5 yr variable 2.30%
07/25/2016
Rainmaker
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1,598,222
Brian Madigan
LL.B., Broker
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