1) Maximum mortgage amortization will go from 35 years down to 30 years. (the difference works out to an extra $30 more per month for every $100,000 borrowed) 2) The maximum you can refinance will go down from 90% to 85% of the value of the home 3) CMHC will no longer support Home Equity ...
Posted by Stefania Patraulea
on March 7, 2011
Our Vision
Established in 1997, the vision of our company is to provide the highest quality custom designed construction, renovation or restoration services at reasonable prices.
Our Services
Our company provides the following custom design services to our private and corporate sector clients:
Kitchen & Bathroom Renovation
Basement Finishing
Hardwood ...
Posted by Stefania Patraulea
on January 23, 2011
We saw a “softening” of the number of sales starting mid-year 2010, but not the “bubble bursting” that was predicted by many so called experts. 2009 was one of the hottest Toronto Markets ever. In 2010 we ended up finishing with 86,094 sales just slightly below the 87,177 in 2009. We are right now sitting at a very low inventory level with just over 10,000 homes for sale.
SO ...
Posted by Stefania Patraulea
on January 11, 2011
http://www.torontorealestateboard.com/consumer_info/market_news/mw2010/pdf/mw1009.pdf
Posted by Stefania Patraulea
on October 5, 2010