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Thursday, October 29, 2015

Bond Rates Seeing them hit there highest point since June. If this trend keeps up, we will see some upward adjustments in fixed interest rates call me today to discuss Link for bonds http://www.investing.com/rates-bonds/canada-5-year-bond-yield-streaming-chart#

Posted at 05:54 PM

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Tuesday, October 27, 2015

NEW GOVERNMENT RAISING LAND TRANSFER TAXES http://business.financialpost.com/personal-finance/mortgages-real-estate/ontario-about-to-double-homebuyers-burden-by-allowing-municipalities-to-charge-land-transfer-tax

Posted at 12:26 PM

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Tuesday, October 27, 2015

A reverse mortgage is a loan, created especially to allow homeowners 55 or over, to access the equity in their home, without having to sell or move. In many cases, it’s a better option than a traditional Home Equity Line of Credit. With a reverse mortgage you can choose not to make any payments. You can stay in your home as long as you want, you can never be forced to sell or move.

Posted at 08:06 AM

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Thursday, October 22, 2015

Market Update There have been some marginal increases in both fixed and variable rate mortgages in the past few weeks. Rates are still extremely low on a historical basis. 5 year fixed rates are in the 2.59-2.74. Variable rate mortgages are being discounted in the prime -.5% to minus .6% range. Contact me for information: 705-796-6445

Posted at 05:05 PM