CENTURY 21 First Canadian Corp., Brokerage*
- 420 York Street
London, ON N6B 1R1
London Ontario Home Sales, 2016. Another Great Year!
Welcome to London … In things traditional and contemporary, you'll discover our city offers plenty to see and do. The links within the Visitors ...
We invite you to make Grand Bend a summer home or move up year round. We are a growing, thriving village. Just look at our brand new public school. We ...
Dorchester is the residential and commercial core of the municipality of Thames Centre. There are many annual events held in Dorchester, such as the Dorchester ...
Komoka village is a crossing point for many railway lines and was formerly a railway hot spot featuring various hotels and development. Today, the Komoka ...
Kilworth Heights takes up most of the area between Komoka and London, Ontario which is south of County Road 14 (Glendon Rd) and north of Komoka Provincial ...
London Ontario, has the best month of Octobe, ever!
Changes to the Mortage down payment rules.
December 11, 2015 – Ottawa, Ontario – Department of Finance
Finance Minister Bill Morneau today announced changes to the rules for government-backed mortgage insurance to contain risks in the housing market, reduce taxpayer exposure and support long-term stability. Effective February 15, 2016, the minimum down payment for new insured mortgages will increase from 5 per cent to 10 per cent for the portion of the house price above $500,000. The 5 per cent minimum down payment for properties up to $500,000 remains unchanged.
"5% down on the first $500,000.00. 10% down on the balance over $500,000.00."
AVERAGE AFFORDABILITY IN CANADA*
Buying a home - especially for the first time - can be overwhelming. Here's a look at housing affordability in Canada for the second quarter of 2015.
Find out what type of home you can afford based on how much you earn.
STANDARD 2-STOREY Average Price: $466,100 Qualifying Income: $93,600
STANDARD CONDO Average Price: $254,800 Qualifying Income: $52,500
DETACHED BUNGALOW Average Price: $422,100 Qualifying Income: $83,800
5 year fixed 2.49%
5 year variable 2.3%
Prime Rate 2.7%
over 25 years, helping clients with their Real Estate needs,
is shown by the trust placed in us for the service we provide.
We introduce people and families to the right lifestyle,
in the proper community,
at the appropriate price point.