ALEX & ANNA - WWW.TORONTOGREATHOMES.COM

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 ...

Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010. The average selling price for January 2011 sales was $427,037, representing an increase of over four per cent compared to the average of $409,058 reported ...

Greater Toronto REALTORS(R) reported 2,509 sales through the Multiple Listing Service(R) (MLS(R)) during the first two weeks of December 2010. This represented a 19 per cent decrease compared to the 3,079 sales recorded during the same period in December 2009. Year-to-date sales amounted to 84,316 - down one per cent from the 2009 total of ...

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 ...

Sales of houses on Toronto MLS are down on a year-over-year basis, which isn’t a surprise. The decline was predicted. Each says last year’s sales were higher than expected because many buyers were brought into the market before the threat of higher fixed mortgage rates became a reality this year, skewing sales figures, thus the large ...

Canadians will be spared a U.S.-style wave of foreclosures when the housing market corrects and interest rates rise, according to a report from DBRS Ltd. examining Canada’s $1-trillion mortgage market. DBRS expects housing prices to fall and acknowledges that the soaring trajectory of consumer debt is worrying. But the debt-rating ...

Royal 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 increase from the previous rate of 6.10 per cent. A one-year closed rate will, as of ...

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 borrowers to "state" the amount of their income rather than "prove it" by ...

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 been a slightly higher than expected rate of inflation in recent months, it reiterated that the ...

Toronto housing starts have risen for three months in a row, CMHC says in a report released this week. The seasonally adjusted annual rate of total housing starts rose 13% in October from the month prior, Canada Mortgage and Housing Corp. says, to a total of 34,200 units. Single-detached starts have remained stable, but condo starts have once ...