Archive for June 2016
Keeping Your Home In Tip-Top Shape
It takes a lot of effort to keep a home clean and in working order inside and out, but it pays off according to Ray Ferris, president of the Ontario Real Estate Association. “By taking care of your home you will preserve the value and quality of your investment,” says Ferris. “It also makes a…
Read MoreMid June Sales Statistics
June 17, 2016 – Greater Toronto Area REALTORS® reported 6,041 sales through TREB’s MLS® System during the first 14 days of June 2016. This result represented a 7.9 per cent increase compared to 5,598 sales reported for June 2015. Year-over-year sales growth in the TREB market area was driven by transactions in the regions surrounding…
Read MoreResidential Mortgage Rates as of June 16, 2016
Term Fixed Closed Rate 6 months 3.95% 1 Year 2.29% 2 Year 2.09% 3 Year 2.34% 4 Year 2.49% 5 Year 2.39% 7 Year 2.98% 10 Year 3.89% Prime = 2.70% Variable Closed (5 yr) = Prime minus 0.50% = 2.20% Variable Open = Prime plus 0.80% = 3.50% Secured Credit Lines = Prime plus…
Read MoreApplying For a Mortgage
Every time you apply for a new mortgage, your application it has to stand on its own merit. Just because you were approved for a mortgage in the past doesn’t guarantee you will be approved for a mortgage in the future. Every application is its own thing! It doesn’t matter if you have have been…
Read MoreDIY Renos – 3 Considerations
If you’re a homeowner, the day will come (if it hasn’t already) when you’ll be faced with decisions regarding home repairs, renovations and upgrades. Why? Because at various points in the life of your house, structural issues will need to be addressed; additionally, your tastes will become more refined and popular decor trends will shift…
Read MoreSwitch On The “Cool”
If you have turned your thermostat from “Heat” to “Cool”, it is also time to do some routine maintenance. The majority of Canadians make the switch without having the system cleaned and checked, a recipe for trouble down the road. If you don’t want your air conditioning system letting you down on the hottest day…
Read MoreThe Grass Can Be Greener on Your Side of the Fence
If the grass on your side of the fence isn’t as green as it could be, spring is the time to make it right. With some care and attention now, your lawn will be renewed and regenerated by the time summer rolls around. Lawn-care professionals recommend annual aeration as part of a healthy lawn maintenance…
Read MoreGTA Realtors® Release Monthly Resale Housing Market Figures
TORONTO, June 3, 2016 – Toronto Real Estate Board President Mark McLean announced that there were 12,870 home sales reported through TREB’s MLS® System in May 2016. This result represented a new record for the month of May and a 10.6 per cent increase over the same period last year. In contrast, the number of…
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