The Nutcracker and other Holiday Events + Good news for interest rates

Fun Family Activities	December 2012

We are ending the year on a high-note, interest rate wise. The Bank of Canada announced that interest rates are unlikely to go up in 2013.
Mark Carney outlines the reasons in an article below.

The rules have changed for people who are looking to purchase investment properties, so I've found a piece that answers some frequently asked questions.

You'll also find some ideas for holiday events and activities to keep everybody occupied during the holiday break.

Please click here for my latest mortgage rates.

Happy holidays and best wishes for a prosperous new year!

Michelle

Michelle Brienza, AMP (Lic # M0806298) Senior Mortgage Agent Lending Logic Financial Inc.(Broker # 11782) Direct: (416) 410-5761 Fax: (416) 410-5761
www.michellemortgages.ca
michelle@michellemortgages.ca

Buying a rental property? How the financing game has changed

Just four short years ago, you could buy an investment property with nothing down and get the best interest rates in the market.

That was then. Today, rental financing is night-and-day different. To mortgage a small (a one-to-four unit, non-owner occupied) rental property now, you need to plop down one-fifth of the purchase price. And even then, you don't always get the lowest rate.

Click here for the article

Bank of Canada unlikely to change interest rates in 2013: Scotiabank

The Bank of Canada is unlikely to change interest rates in 2013, particularly with inflation so low, according to Scotiabank's head economist.

Click here to read the complete article

Contact Me

Michelle Brienza
email
website
Phone: (416) 410-5761

Things To Do, Places To Go, Fun Family Activities

Christmas Break is coming up quickly, and if you're staying in town with kids, here's a great site packed with activities, including beading workshops, Snow White the musical and the Toronto Christmas Market. Click here for more information.

Click here for more information

The Nutcracker: December 19th to January 5th

The Nutcracker has been a Christmas tradition in Toronto since 1995. It's playing at the Four Seasons Centre for the Performing Arts for just over 3 weeks this year.

From Toronto.com: The Nutcracker follows the adventures of siblings Marie and Misha as they encounter a fantasy world with mice, gingerbread soldiers and the Sugar Plum Fairy, all in the company of a broken nutcracker that comes to life. Choreographer James Kudelka reinvents the story by setting it in Imperial Russia.

Click here for more information