ARCHIVED BLOG POSTS
2017
Commercial bond yields CMB GoC Floating rateinsured cost of funds 5 Year - 1.49%Canada housing 06/15/22 [-0.01] 5 Year - 1.05%CAN 0.50 03/01/22 [-0.01] 0.99% [-] 10 Year - 2.13%Canada housing 06/15/27 [-0.02] 10 Ye...
04/07/2017
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 2.99% 2.44% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.35% Fixed 4 Year 3.89% 2.59% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable 2.00% Prime 2.70% Benchmark 4.64%
04/06/2017
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How to “Register” an Offer (Ontario)Question:How do you register an Offer in Ontario?Answer:Registration of an Offer is not a defined term in the Act, the regulations or the rules.Having said that there must be some kind of communication of the existence of an Offer. That can’t take place until ...
04/06/2017
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.99% 2.44% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.35% Fixed 4 Year 3.89% 2.59% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.00% Prime Rate 2.70% Benchmark Rate 4.64% Cost per...
04/05/2017
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March 2017 Toronto Real Estate Market is “HOT”The following is the report released today by the Toronto Real Estate Board concerning the month of March 2017.Tight Market Conditions Continue in March TORONTO, April 5, 2017 – Toronto Real Estate Board President Larry Cerqua announced that Greater ...
04/05/2017
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 3.04% 2.44% 2 YEARS 2.84% 2.14% 3 YEARS 3.44% 2.44% 4 YEARS 3.89% 2.64% 5 YEARS 4.64% 2.69% 7 YEARS 5.30% 3.24% 10 YEARS 6.10% 3.79% Rates are subject to change without notice. OAC E&OE Prime Rate 2.70% 5 yr variable 2.10%
04/04/2017
Changes to Standard Form Business Purchase AgreementThe Bulk Sales Act in Ontario was repealed effective 22 March 2017.The standard form Agreement for the Purchase of a Business drafted by OREA is a document prepared with the expectation that the Bulk Sales Act would apply.There is an obligation ...
04/03/2017
Submitting Three Offers on 3 Properties at the Same TimeQuestion:I am a Buyer’s Agent and I have a buyer who has seen 3 houses. He wants to put in Offers on all of them. They are all holding offers until 7pm Tuesday and no one will consider an earlier presentation time. In this “hot market” he do...
04/03/2017
Buyer’s Agent Says the are Waiving their Commission Part 2Question:An agent contacts you that they are bringing in an offer on your Listing, but waiving their commission. Do you disclose to the other agents who are presenting Offers? Are you breaching rules about NOT disclosing the contents of an...
04/02/2017