ALEX & ANNA - WWW.TORONTOGREATHOMES.COM

About 12 per cent of Canadian mortgage holders would be challenged if their rate went up by less than one percentage point, found a report from the Canadian Association of Accredited Mortgage Professionals. CAAMP is a national agency that represents 12,300 people who work somewhere in the mortgage industry.     Some 650,000 ...

The Bank of Canada saw no reason to move its key lending rate from 1.00%, where it has been for a little over a year. That's precisely what the market anticipated and it means prime rate (which is the basis for variable mortgage rates) should remain at 3.00%. The Canadian economy is now expected to return to full ...

      The Bank of Canada kept Canada’s key lending rate at the same place it’s been for a year: 1.00%. As a result, variable-rate mortgage holders can expect prime rate to also stay put at 3.00%.      The BoC said this about its decision: In light of slowing global economic momentum and ...

 Greater Toronto REALTORS® reported 7,922 transactions through the TorontoMLS® system in July 2011, representing a 23% increase over July 2010. Total sales through the first seven months of this year amounted to 55,863 – down by 1.3% compared to the same period in 2010. After adjusting for seasonal fluctuations, the July figure ...

Financial Institution 3 Yr 5 Yr 7 Yr 10 Yr 5 Yr Variable CENTUM Primo** 3.29 3.49 5.65 4.99 2.40 First ...

Four of Canada’s biggest banks are once again lowering residential mortgage rates at a time when falling government bond yields are cutting funding costs for financial institutions. Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia and Bank of Montreal are all trimming their posted rates on popular five-year fixed-rate ...

Rates Effective as at: April 18, 2011 Prime Rate: 3.00% Qualifying Rate: 5.69%   Financial Institution 3 Yr 5 Yr 7 Yr 10 Yr 5 Yr Variable CENTUM Primo**3.694.095.655.502.30Concentra3.994.29N/A N/A 3.00First National 3.69 4.195.10 5.34 2.25FirstLine 4.004.395.255.34 2.35 Home Trust 4.59 5.09N/A N/A 3.50 ING 3.69 4.29 4.79 4.99 2.25 MCAP ...

Royal Bank of Canada started the latest round of cuts.  Toronto-Dominion Bank cut its four-, five-, seven and 10-year fixed rate mortgages to 4.99 per cent (-0.15 per cent, 5.34 per cent (-0.10 per cent), 6.14 per cent (-0.20 per cent) and 6.50 per cent (-0.15 per cent) respectively. TD also cut its four-, five-, seven-and 10-year closed ...

Canada’s Big Six banks, says a new Fitch year-end report, remain, like the country itself, stable, with earnings predicted to remain sound and credit costs manageable.Canada’s long-stable banks remain a source of national pride, with their more traditional lending practices and policies.  Liar’s loans need not apply. ...

According to a new survey by TD Canada Trust, more than two-thirds of repeat homebuyers expect their next house purchase won't be their last. Twenty-three per cent of the more than 1,000 participants -- all repeat homebuyers -- said they plan to move again within six years. One in five repeat buyers has owned more than five homes. All ...