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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...

Filed under: mortgage, fixed rate mortgages, canadian banking system, green toronto real estate, mortgage payment, mortgage specialist, mortgage interest rate, mortgage in Canada, mortgage in Toronto, BMO mortgage, Bank of Canada

Toronto real estate. Bank of Canada keeps rates the same...again
02 February 10 12:55 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   

Once again, the Bank of Canada announced it would keep the key interest rate at a record-low 0.25 per cent to achieve its inflation target of two per cent. While the Bank said economic growth in Canada resumed in the third quarter of 2009 and there has Read More...

Filed under: real estate market, Canadian real estate, mortgage, ontario mortgage

Toronto real estate: Interest rates to remain at historic lows
26 October 09 03:21 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   

Interest rates will likely stay at their current historic lows through June 2010 in an effort to meet the Bank of Canada's inflation target of two per cent, says governor Mark Carney. Speaking to CTV's Question Period Sunday, Carney confirmed Read More...

Filed under: Canadian real estate, Toronto real estate, housing, mortgage, ontario mortgage

TORONTO MORTGAGE NEWS
20 August 09 11:24 AM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   

As the economy begins to creep out of its economic rut, the market has begun to speculate on when interest rates will rise. The Bank of Canada pledged in April to hold interest rates at 0.25% until the end of June, 2010. The move was designed to ease Read More...

Filed under: Canadian real estate, Ontario real estate, mortgage, ontario mortgage

Toronto real estate. BMO WAIVED BANK CHARGES FOR FIVE YEARS
24 September 07 07:15 PM | Alexandre Malkhassiants, Salesperson, Anna Falile | 0 Comments   

Hats off to the Bank of Montreal for starting a practice that all financial institutions should have in place, and could even improve upon. BMO has announced that prospective homebuyers who take out a five-year fixed-rate mortgage and existing homeowners Read More...

Filed under: Announcements, Canadian real estate, housingl, mortgage, BMO, Bank of Montreal