The Buyers Are Buying, So Now Is The Time To Be Selling. 2009 Sales Are Amazing Compared To 2008. Interest Rates Are Still Ridiculously Low, And There Is A Shortage Of Listings In Some Areas. If You Were On The Market Previously, And Didn't Sell, Try It Again Now. The Timing Just Couldn't Be Better. Please Take A Look At The LATEST TORONTO STATISTICS In The Left Menu, Bottom Button.
Call Us For An Accurate Evaluation Of Your Property. We Will Provide A Top Notch Marketing Plan, And, Tell You About Our Satisfaction Guarantee.
If You Are A Buyer, It Would Be A Good Idea To Hire Realtors, Us For Example, To Help Navigate This Difficult Market. We Will Discuss A Plan To Find The Right Home For You, Be It A House, Or A Condominium Townhome Or Apartment, There Is A Guarantee Here Too.
We've Worked Together Since 1984 And Have Developed A Synergy Effect That Works Very Well. Call Us At 416-782-7000, Or Email: jeffreyjoseph@realtor.com
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Winter Edition Now Available
It's Best Not To Combine A Mortgage And A Line Of Credit
Beware Of Loans Tied To 'Real' Mortgage
After Nathaniel and Danielle signed a contract to buy their Toronto dream home for $450,000, they contacted a mortgage officer at their bank to arrange financing. Their down payment of $115,000 represented more than 25 per cent of the purchase price, and they applied for a conventional first mortgage of $335,000.
At least, that's what they thought they were getting. In addition to the underlying mortgage loan, however, the bank representative talked them into taking a line of credit, which they could draw on at any time in the future if they needed to borrow more than the $335,000 mortgage.
The mind-numbing agreement that the banker had them sign contains 29 pages of small print that would cure even the most stubborn case of insomnia. MORE
Mortgage Rate Update
At The Rates Below, It Is A Great Time To Make A Purchase. We Will Negotiate The 'Right Price' For You. If Not, We Will NOT Encourage You To Raise Your Price, But We Will Recommend To Walk Away And We Will Find Another One. The Selection Is Very Good In Some Areas Now, But Not In Others. Historically, Real Estate Has Always Bounced Back From Downturns, And The Lows That We Have Experienced Over A Few Different Decades, Are Still Higher Than Some Of The Previous Highs! But, It's Not Just About Money. It's About You, And Getting What You Want.
If You Have Moving On Your Mind, With The Ridiculously Low Mortgage Rates Currently Available, Now Is A Really Good Time, And, With About 60,000 to 100,000 People A Year Moving Into The GTA, The Demand For Real Estate Will Always Be Good In The Long Run, So Real Estate Is Quite Probably The Very Best Investment That You Could Make. With Government Incentives, Tax Benefits, And You Can Live In This Investment, A Home Is Definitely The Investment Vehicle Of Choice. Tried Living In A Stock Certificate Yet? How About Inviting Your Friends Over To Visit You In Your Bonds?
Term Posted Yours
6 Month
4.60%
3.50%
1 Year
3.65%
2.30%
2 Year
3.95%
2.90%
3 Year
4.30%
3.25%
4 Year
5.04%
3.74%
5 Year
5.39%
3.69%
7 Year
6.60%
5.19%
10 Year
6.70%
5.30%
Variable Rate
2.00%
Prime Rate
2.25%
Rates Last Updated: Friday, February 5, 2010
Rates Can Change Without Notice
These Rates Are Passed Along To Us By Mortgage Professionals, We Recommend Engaging A Professional Mortgage Broker To Help Arrange Your Financing, And We Would Be Happy To Get You Connected With One. We DO NOT Take Any Commissions Or Kick-Backs. Call Or E-Mail Us To Find Out Why The Recommendation And How It Works; No Charge Or Obligation.
WHAT GOES UP DOESN'T ALWAYS COME DOWN!
DOES YOUR PRESENT AGENT PROVIDE SATISFACTION GUARANTEES?
