The Bank of Canada today announced another cut to the key lending rate. The Bank reduced the overnight rate by one-quarter of a percentage point to 0.25%. Here is an interesting article by James Cowan of the National Post providing insights on the bank rate.
The Bank of Canada Tuesday cut its key interest rate to 0.25%. What does that mean? As the country's central bank, the Bank ...
Posted by Sara Kareer
on April 22, 2009
Are you looking for a condo/townhouse/semi or detached home? Here is a question for all you buyers...What costs you nothing but can save you thousands of dollars?
Before I give you the answer, let me tell you a little story. Early in my career, I was showing some condos to a lady for almost one month (with no Buyer Represention Agreement because she did not want to be tied to an Agent). ...
Posted by Sara Kareer
on April 14, 2009
Here is an interesting article I read today about the Psychology of House Hunting, written by Collin Ellard. With the Spring market upon us, Collin re-evaulates the psychology of buying a new home. Read and enjoy:
It's house-hunting season. The FOR SALE signs are everywhere. The weekend Open Houses are beginning to heat up (even though the weather isn't), and anyone thinking of moving ...
Posted by Sara Kareer
on April 5, 2009
Where to Move - Choosing the Right Neighbourhood
Here are some important factors to consider when Choosing the Right Neighbourhood:
When buying a home, the neighbourhood you select will not only play a pivotal role in your family's life, but in the resale value of the property.
One person's ideal neighbourhood however may vary greatly from another's. But, regardless, there are some needs and ...
Posted by Sara Kareer
on April 2, 2009
Buying a Home - Determining What You Can Afford
If you're thinking of purchasing your first home, you probably have a lot of great ideas about what you'd like - such as several thousand square feet of living space, a two-car garage, large fenced-in lot, one or two fireplaces and a panoramic view. But it may be time for a reality check.
Most first-time buyers want their dream home right away. ...
Posted by Sara Kareer
on April 1, 2009