Term Rate
6 Months 5.00% 1 Year 3.25% 2 Years 3.79% 3 Years 3.99% 4 Years 3.94% 5 Years 3.99% 7 Years 4.95% 10 Years 5.25% Prime 2.50% Variable 3.30%
Let me help you save money! Send me your email address or give me a ...
Posted by Sean Kavanagh
on March 28, 2009
House prices continued to slide across Canada in February compared to the same time last year, but activity was up for the first time since September.
The Canadian Real Estate Association said Monday that resale home prices fell 9.2 per cent across Canada last month to an average of $281,972. CREA, also said the number of homes that traded hands on the MLS was up 8.6 per cent. "The first monthly ...
Posted by Sean Kavanagh
on March 27, 2009
In many real estate markets, prices appear to have fallen enough to make buying cheaper than renting. When you combine falling housing prices with mortgage rates that are near record lows, renters are now finding it easier to jump into home ownership.
Historically, people rented because they couldn't afford to buy. Prices have dropped so much in certain real estate markets that monthly mortgage ...
Posted by Sean Kavanagh
on March 27, 2009
It is almost Spring time and everyone is itching to get a kick start on their home renovations, but given the current economic situation some of us are hesitant to open up our wallets to dish out those big chunks of change!
The Government is now offering a 15% rebate on all home renovations between January 27, 2009 and February 1st, 2010. While the Government foots the bill for a portion of the renovations, ...
Posted by Sean Kavanagh
on March 27, 2009
On the heels of the Government unveiling their 15% income tax credit for home renovations, I thought I would send you some information on the three areas of your home where renovations will really pay off when you want to add value to your home.
The Kitchen: The kitchen is the best place to put your money, hands down. According to the Appraisal Institute of Canada, the average amount home-owners ...
Posted by Sean Kavanagh
on March 27, 2009
Interest Rate Watch - March 21, 2009
6 Months 5.00% 1 Year 3.25% 2 Years 3.79% 3 Years 3.99% 4 Years 3.94% 5 Years 3.99% 7 Years 4.95% 10 Years 5.25% Prime 2.50% Variable 3.30%
Let me ...
Posted by Sean Kavanagh
on March 21, 2009
Open house at 4886 Verdi Street in Burlington on Sunday March 22th between 2:00pm and 4:00pm.
Upscale Alton Village corner lot beauty with 1900 ft2 of living space. 3 bedroom + Den and 2.5 bathrooms. Oversized Master bedroom with ensuite including Jacuzzi tub, separate shower and large walk-in closet. Eat-in kitchen with walkout to the fenced in yard. Separate dining room, bedroom level laundry ...
Posted by Sean Kavanagh
on March 18, 2009
Have you been looking for a safe place to buy a house to raise your kids? Have you been looking to retire in a community you will feel most comfortable living in? Are you thinking of purchasing in an area where everyone wants to live. Halton region is your best choice.
According to Maclean's magazine's 2009 ranking of crime in Canada, for the second year in a row, Halton was named the safest ...
Posted by Sean Kavanagh
on March 11, 2009
Bargain basement borrowing costs are prompting many Canadians to opt for fixed mortgages even though variable products continue to be a money-winning option for the foreseeable future, industry observers say.
Canadian Imperial Bank of Commerce's chief economist Benjamin Tal says variable rate mortgages should produce the greater benefit for the next two to 2.5 years, but be a wash over five years. ...
Posted by Sean Kavanagh
on March 10, 2009
When you pair falling housing prices with record low interest rates, both variable and fixed, many financial experts have deemed a home purchase in this market "a no-brainer."
Even though the financial experts have labelled a home purchase a "no brainer", consumers' fear is keeping them from taking advantage of the great opportunities out on the market today. As prices for most consumer goods, cars ...
Posted by Sean Kavanagh
on March 10, 2009