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Toronto real estate. CANADIANS AND HOME OWNERSHIP
28 July 10 01:09 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
Canadian homeowners are in the best shape when it comes to financial fitness, according to a survey conducted by Genworth Financial Mortgage Insurance Company Canada. The survey found 65% of homeowners pay off their credit card balances in full each month Read More...
Toronto real estate, MORTGAGE RATE GOES UP AGAIN
26 April 10 04:10 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 1 Comments   
R oyal Bank of Canada, the country’s largest bank, is leading the way on another round of mortgage-rate hikes , boosting borrowing costs in April for the third time in recent weeks. The rate on a five-year closed mortgage is now 6.25 per cent, an Read More...
Toronto real estate. CMHC Tightens Up Lending A Little More
22 March 10 01:56 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
5% Down Payment is still available at the lowest interest rates , assuming provable income and good credit. 1.85% variable rate and 3.69% 5 year fixed rate . Stated Income has become more difficult: Stated income allows business for self and commission Read More...
Toronto real estate. Countdown begins to interest rate hikes
08 March 10 01:00 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   
The Bank of Canada took its first steps in March toward returning the country to more normal interest rate levels by signalling a more hawkish tone on inflation and acknowledging the economy is performing better than expected on “vigorous” Read More...

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