Brian's Ontario Real Estate Blog

HIGH RATIO fixed term best discounted rates & posted rates as of April 25, 2020 Terms                           Posted Rates              Preferred Rates6 mos                           3.34%                          3.30%1 year                          3.59%                          3.19%2 year  ...

Commercial Bond Yields CMB 5 Year - 0.88% CANHOU 06/15/25 [-0.01]   ‌ 10 Year - 1.15% CANHOU 06/15/30 [-0.01]   * denotes interpolated rate GoC 5 Year - 0.46% CAN 1.25 03/01/25 [+0.01]   ‌ 10 Year - 0.54% CAN 2.25 06/01/29 [-0.01]   GOC Bonds are for reference purposes only Floating rate insured...

Commercial Bond Yields CMB 5 Year - 0.82% CANHOU 06/15/25 [+0.02]   ‌ 10 Year - 1.13% CANHOU 06/15/30 [+0.02]   * denotes interpolated rate GoC 5 Year - 0.43% CAN 1.25 03/01/25 [+0.01]   ‌ 10 Year - 0.52% CAN 2.25 06/01/29 [+0.02]   GOC Bonds are for reference purposes only Floating rate insured...

Agreement Date or Just an Offer Date?    There is a common misconception concerning the Agreement date.Sometimes, it’s actually just an Offer date. If there is an Agreement, it may indeed be sometime later. This runs the risk of causing confusion.Previously, when legal stationers prepared paper b...

HIGH RATIO fixed term best discounted rates & posted rates as of April 6, 2020 Terms                         Posted Rates               Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year     ...

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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...