All signs are pointing to lower fixed rate mortgages again for the 3rd time this year. Bond yields are low and as a result we are seeing fixed rate mortgage prices dropping just a little bit further this week. The Bank of Canada has also dropped its benchmark qualifying rate for high ratio mortgages by [...]
Filed under: Fixed Rate Mortgages, Mortgage Interest Rates, Ratewatch, Variable Rate Mortgages | Comment (0)
What do you get when you try to buy a property that was once a jail, fire hall, dance hall & town hall? A financing conundrum.
This is exactly what one of our clients purchased, where we provided private mortgage financing. [...]
Filed under: Private Mortgages | Comment (1)
I’ve recently picked up the classic novel The Foutainhead by Ayn Rand (1943). Reading it this afternoon I came across an unusually insightful quote by one of the lesser characters in the book; Kent Lansing.
“When facing society, the person most concerned, the person who is to do the most and contribute the most, has the [...]
Filed under: Ask A S.O.B, Toronto Mortgages, Uncategorized | Comment (0)
In a complete U-turn from the attitude and expectations of last week, one of our lender partners Merix Financial has announced a slew of competitive rate cuts. The mortgage interest rates have come down and I am happy to be able to offer you the following:
-Fixed 5 year 3.75% (for closings before Feb 23rd, 2010 [...]
Filed under: Bond Yields, Fixed Rate Mortgages, Mortgage Interest Rates, Ratewatch, Toronto Mortgages, Variable Rate Mortgages | Comment (0)
Its not always about boring interest rates and mortgage stuff! Meet my neighbours downstairs. Dough Bakery opened autumn 2009 and ever since then the smell of freshly baked bread has filled my office driving me crazy when I’m hungry. Co-owner Benita talks about the concept, the menu and their amazing refurbished authentic espresso machine.
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Filed under: Lifestyle, Real Estate, Uncategorized | Comments (2)