Renewing and refinancing mortgages is saving Canadians big bucks
Canadians saved $2.7-billion in the past year renewing or refinancing their mortgages and the betting money among consumers seems to be that interest rates are not going up any time soon, according to a new survey.
The Canadian Association of Accredited Mortgage Professionals says 37% of Canadians opted for a variable rate mortgage in the last year, pushing up the overall percentage of Canadians floating with prime - and vulnerable to Bank of Canada rate hikes - to 31%.
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Winter Woofstock: November 19th and 20th
Woofstock now has a winter happening!
Taking place at the Direct Energy Centre on November 19th and 20th, "there isn't a toy, fashion line, accessory, line of treats, or exclusive service for dogs that you can't find at Woofstock".
A good opportunity to get a Christmas gift for your four legged friend or someone you know that has one.
Buy tickets online and save $2!
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Why use a mortgage broker?
Buying her first house and getting her first mortgage was an overwhelming experience for Roslyn Judd.
She had signed a deal to buy a new house, she had put down her deposit, and she was pre-approved for a mortgage. Now she had to sign a final deal with her bank to lend her hundreds of thousands of dollars.
"I had never applied for a mortgage before and I found that [to be] the most intimidating part of the home-buying process, so I was procrastinating," she says. "I think it was the enormity of the money that you are asking somebody to lend you."
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Market Update
Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.
Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.
"The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011," said Toronto Real Estate Board President Richard Silver. Click here for the full article |
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Two bedrooms, two baths
in King West
18 Stafford Street #717
Welcome to Wellington Square. Most desirable 2 bedroom split plan is 910 square feet, has 2 full washrooms, open concept living/dining/kitchen great for entertaining, extra large balcony with two entrances, wood flooring throughout, parking and locker. Attractive complex offers an amazing rooftop garden with a great view of the CN Tower, skyline and lake. King West neighbourhood offers all amenities within minutes including 24 hour Metro, LCBO, gyms, Trinity Bellwoods Park, Queen West nightlife, eateries, galleries and so much more.
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Huge three bedroom townhome at Queen and Dufferin
50 Joe Shuster Way #212
Spacious Executive Townhome, Courtyard Setting, Over 1600 Sq.Ft. According To Builders Floor Plans. Three Bedrooms Plus Den And Recreation Room, Private Built-In Garage, 300 Sq.Ft. Rooftop Terrace. Thousands In Upgrades Including Bamboo Floors, Pot Lighting, Custom Kitchen, Black & White Marble Entry & Wood Blinds. In The Heart Of King West/Liberty Village, Walk To All Amenities, 24 Hr Metro, LCBO, Eateries, Gyms, Queen West, Nightlife. Minutes To TTC & Gardiner Expressway.
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Three bedroom executive townhome
47 Glenashton Drive, Oakville
Attractive And Spacious Executive Townhome. 1375 Sq.Ft., 3 Bedrooms, 3 Washrooms, Formal Living And Dining Areas, Great Kitchen, Large Private Balcony, 2 Car Built-In Garage With Direct Access To Unit. Solid Wood Staircase, Hardwood Floors And 9 Ft Ceilings On Second Floor. All 3 Levels Above Ground. Very Bright Unit Offers Windows In Every Room.
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Great Property to live in and have extra income!
541 Wellington Street, Newmarket Attractive income property near Main Street and Southlake Regional Health Centre. 3 Self Contained Units-Main Floor Is A 2 Bedroom Apt. Owner Occupied ($1200/Mth Market Rent).
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Rental Corner: 1 Bed + Den
650 Queens Quay West
We represented both landlord and tenant in this transaction.
The Atrium On The Queens Quay, Newly Renovated Beautiful Fully Furnished One Bedroom Plus Den & Solarium, W/ Parking And Locker Incl. Approx 682 Sqft, Street Car At Your Door, Access To Lake, Parks, Bike And Jogging Path. Walk 1 Block To Island Airport! |
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