According to the Canadian Real Estate Association, home sales activity was down 4.4% in April 2011. This softening was expected due to the tightening of mortgage regulations in March. Home prices were up 8%
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The bank posted 5 year rate has dropped from 5.69% to 5.59%. That .10% is not significant but it is allowing fixed rates to continue to edge down. Overall, rates are lower than
I was talking to several people this week about their plans to buy their first home and I think I was getting almost as excited as they were. I think that is one
I'm a Toronto-based Mortgage Broker. My focus: to mentor and educate first-time home buyers, people with less-than-perfect credit, and people in business for themselves, to make the best mortgage choices for them.