Brian's Ontario Real Estate Blog

HIGH RATIO fixed term best discounted rates & posted rates as of March 30, 2020 Terms                        Posted Rates                 Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year   ...

Wire Transfers work at this TimeThe traditional “bank draft” or “certified cheque” has been the mainstay of the real estate industry for deposits, and for lawyers completing closings.Right now, it’s problematic. Someone has to:         Physically, write it out         Physically, take it to the B...

Small Claims Court and Precedent Setting CasesSmall Claims Court decisions are not precedent setting. There is no lower Court upon which they would be binding. They have value from the perspective that someone else has looked at the same matter before. In effect, they are there for guidance.Above...

Toronto Real Estate Market Largely Unaffected by October 2008 Stock Market CrashYou might recall that there was a major stock market crash in October 2008. It wiped out Lehman Brothers, Goldman and Sachs and led to the bailouts of the auto industry, with Chrysler filing for bankruptcy on 30 April...

Commercial Bond Yields CMB 5 Year - 1.22% CANHOU 06/15/25 [-0.07]   ‌ 10 Year - 1.54% CANHOU 06/15/30 [-0.08]   * denotes interpolated rate GoC 5 Year - 0.66% CAN 1.25 03/01/25 [-0.07]   ‌ 10 Year - 0.74% CAN 2.25 06/01/29 [-0.08]   ‌ 15 Year - 1.06%* CAN 06/01/35 [-0.05]   ‌ 20 Year - 1.21%* CA...

Force Majeure Clauses in Real Estate Transactions   The question arising frequently in discussions is whether “force majeure” is triggered in real estate transactions because of COVID -19. If we are talking about Ontario, the answer would be “no”. There simply is no force majeure clause in the St...

Commercial Bond Yields CMB 5 Year - 1.24% CANHOU 06/15/25 [-0.08]   ‌ 10 Year - 1.57% CANHOU 06/15/30 [-0.09]   * denotes interpolated rate GoC 5 Year - 0.78% CAN 1.25 03/01/25 [-0.11]   ‌ 10 Year - 0.89% CAN 2.25 06/01/29 [-0.14]   ‌ 15 Year - 1.13%* CAN 06/01/35 [-0.12]   ‌ 20 Year - 1.26* CAN...

Commercial Bond Yields CMB 5 Year - 1.06%* CANHOU 06/15/25 [+0.14]   ‌ 10 Year - 1.37% CANHOU 06/15/30 [+0.19]   * denotes interpolated rate GoC 5 Year - 0.55% CAN 1.25 03/01/25 [+0.14]   ‌ 10 Year - 0.70% CAN 2.25 06/01/29 [+0.22]   ‌ 15 Year - 0.93%* CAN 06/01/35 [+0.22]   ‌ 20 Year - 1.08* CA...

HIGH RATIO fixed term best discounted rates & posted rates as of March 2, 2020 Terms                           Posted Rates                 Preferred Rates6 months                       3.34%                          3.30%1 year                          3.59%                          3.19%2 year ...

Commercial Bond Yields CMB 5 Year - 1.14%* CANHOU 06/15/25 [-0.11]   ‌ 10 Year - 1.36% CANHOU 06/15/30 [-0.07]   * denotes interpolated rate GoC 5 Year - 0.81% CAN 1.25 03/01/25 [-0.08]   ‌ 10 Year - 0.91% CAN 2.25 06/01/29 [-0.05]   ‌ 15 Year - 1.10%* CAN 06/01/35 [-0.04]   ‌ 20 Year - 1.22%* C...