Tips and Trick for Toronto first time Home Buyers With interesting stories and helpful tips from the trenches.
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Entries from February 2010

Experts suggest that aggressive increases to key lending rate necessary!

February 25th, 2010 · No Comments

This just in:
We have all heard about the Bank of Canada’s position on raising the overnight rate - no change until mid 2010.
Well, I was reading an economist’s take on this last week and he actually feels that the central bank will postpone rate hikes until mid 2011. He supports this position by [...]

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Tags: Mortgages · scott henson

Buyingblock.com Rate Update

February 25th, 2010 · No Comments

Great rates abound in the Mortgage Marketplace and Buyingblock.com is prepared to get you the best rate:
Take advantage with a mortgage pre-approval and hold a great rate for 120 days or if you have a firm offer, speak to our mortgage experts about getting you a super low ‘Quick Close Special’ interest rate!!
Rates:
QUICK CLOSE SPECIAL
5 [...]

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Tags: General

Rate Update and Mortgage News

February 16th, 2010 · No Comments

Specials abound.  Fixed rates as low as 3.69% on five year terms and variable rates as low as 1.95% or prime minus .30%.
As well, some new mortgage rules are slated to take effect April 19th as this morning Finance Minister Jim Flaherty made the following three announcements to mortgage insurance rules:
 
1.      Variable mortgages qualified at five [...]

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Tags: General