Current Residential Mortgage Rates as of November 14, 2013

Term Rate 6 months 3.95% 1 Year 2.89% 2 Year 2.79% 3 Year 2.89% 4 Year 3.39% 5 Year 3.45% 7 Year 3.99% 10 Year 4.39% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.50% = 2.50% Variable Open = Prime plus 0.80% = 3.80% Courtesy of John Chrisanthidis, Mortgage Intelligence

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Choosing Smart Renos

Many Canadians are interested in knowing the “smartest” household renovations to make to receive a good return on their investment. Although there are many variables that affect the value of a home, the Appraisal Institute of Canada (AIC) offers these general tips to Canadian consumers. 1. Choose improvements with long life expectancy. Roofing, energy-efficient heating and…

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Designer Switches Can Dress Up Your Home

If you have done any home renovations, chances are you put a lot of time and effort into selecting the big-ticket items like paint colour, furniture, flooring, countertops, and lighting fixtures. But what about the little things, like light switches and outlets? These can be “dressed up” to make your redecorating project a success down…

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Toronto Neighbourhoods Under The Scope – November 2013

Find your neighbourhood below and see how October’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) Oct 2012 Oct 2013 % Change Active Listings 273 252 –  7.7% Sales 80 74 –  7.5% Average Price $913,781 $1,125,668 + 23.2% Days on Market 26 26      0% Avg % of List Price…

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GTA Realtors Release October Resale Figures

TORONTO, November 6, 2013 – Greater Toronto Area REALTORS® reported 8,000 home sales through the TorontoMLS system in October 2013 – up from 6,713 transactions reported in October 2012. Over the same period, new listings on the TorontoMLS system were down. “The GTA home ownership market has been broadly characterized by a rebound in sales…

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Winterize to Economize

Autumn is in full swing, with cool, crisp days, falling leaves and potted chrysanthemums decorating Toronto doorsteps. This fall, as you go about getting your home ready for winter, pay attention to the little details that can improve its energy efficiency. Book an appointment to have the furnace cleaned and safety-checked this month. An efficient…

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Halloween Safety Tips

BEFORE HALLOWEEN Plan costumes that are bright and reflective. Make sure that shoes fit well and that costumes are short enough to prevent tripping, entanglement or contact with flame. Consider adding reflective tape or striping to costumes and trick or treat bags for greater visibility. Secure emergency identification (name, address, phone number) discreetly within Halloween attire.…

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Time To Put The Yard To Bed

Use these last days of fine weather to put your lawn and garden to bed for the winter. • Giving the yard a good cleanup in the fall means less work when spring rolls around. • Continue to cut your lawn into the fall, but keep the length at three inches or so and bag…

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Current Residential Mortgage Rates as of October 21, 2013

Term Rate 6 months 3.95% 1 Year 2.99% 2 Year 2.79% 3 Year 3.09% 4 Year 3.39% 5 Year 3.44% 7 Year 3.99% 10 Year 4.39% Prime = 3.00% Variable Closed (5 yr) = Prime minus 0.50% = 2.50% Variable Open = Prime plus 0.80% = 3.80% Courtesy of John Chrisanthidis, Mortgage Intelligence

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Stay Warm and Safe This Fall and Winter

Autumn, with its cool, brisk breezes and shorter days, is back. For many Canadian homeowners, that means it’s time to build a fire and let its warm glow chase the chills. Perhaps it is a throwback to our cave-dwelling ancestry, but nothing seems to soothe the soul like a fire. If you plan to enjoy…

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