ARCHIVED BLOG POSTS
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%
07/17/2016
Spousal Consent in Ontario – The “Customer Services” AnswerQuestion:Spousal consent - Would a non-title spouse sign the spousal consent at the time of signback, or only at acceptance? If the buyers end up signing the confirmation of acceptance, does the non-title spouse still sign? Answer: Anoth...
07/17/2016
Spousal Consent in Ontario – The “Real Life” AnswerQuestion:Spousal consent - Would a non-title spouse sign the spousal consent at the time of signback, or only at acceptance? If the buyers end up signing the confirmation of acceptance, does the non-title spouse still sign?Answer: In real life, t...
07/17/2016
Spousal Consent in Ontario – The Textbook AnswerQuestion:Spousal consent - Would a non-title spouse sign the spousal consent at the time of signback, or only at acceptance? If the buyers end up signing the confirmation of acceptance, does the non-title spouse still sign?Answer:Assuming that the p...
07/17/2016
Toronto Market Up 16.8% in a Year (June 2016) For those who are following the market, here is a list of the average prices for single family homes in the GTA (Greater Toronto Area) in 2015 and for the first six months of 2016, as reported by the Toronto Real Estate Board. 2015January ...
07/15/2016
Agent Fails to Discover Parking Pads Legality and Terms of Mutual DrivewayThis is an interesting situation. Fred Flintstone took a listing of a property but failed to check the records, failed to check the prior listings, failed to look at the title documents, failed to look at the survey and fai...
07/15/2016
Commercial bond yields CMB GoC Floating rateinsured cost of funds 5 Year - 1.12%*Canada housing 12/15/21 [+0.04] 5 Year - 0.64%CAN 0.75 03/01/21 [+0.05] 0.94% [-] 10 Year - 1.66%Canada housing 09/15/2...
07/15/2016
Terms Posted Rates Preferred Rates VRM 2.50 % 2.05 % 1 year closed 3.29 % 2.09 % 2 year closed 3.09 % 2.04 % 3 year closed 3.39 % 2.24 % 4 year closed 3.89 % 2.39 % 5 year closed 4.49 % 2.39 % Prime 2.70 % 2.70 %
07/14/2016
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%
07/13/2016
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 ...
07/10/2016
Rainmaker
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1,598,222
Brian Madigan
LL.B., Broker
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