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 2011

Rate News and is it a good time to buy???

February 9th, 2011 · No Comments

Fixed rates jumping a 1/4 of a % to around the 4.25% at major instituitions for popular 5 year term product.   No change to adjustable / variable rate mortgages which are still in low 2% range.  2.20%-2.30% at most lenders.
Interesting article in Globe and Mail debating whether good time to buy …
http://www.theglobeandmail.com/globe-investor/personal-finance/rob-carrick/rising-mortgage-rates-are-worse-than-you-think/article1897959/
 

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