Archive for February 2015
8 Tips To Rebuild Your Credit
Having a good credit rating is absolutely critical in modern society – a low credit rating can cost you tens of thousands of dollars, or obstruct you from obtaining credit altogether. If you have poor credit IT IS possible to rebuild it, but you will need to be committed to a good plan. It will…
Read MoreToronto Neighbourhoods Under The Scope: Jan ’15 vs Jan ’14
Find your neighbourhood below and see how January’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) Jan 2014 Jan 2015 % Change Active Listings 168 170 + 1.2% Sales 29 43 + 48.3% Average Price $939,898 $1,099,693 + 17.0% Days on Market 33 39 + 18.2% Avg % of List Price…
Read MoreGTA Realtors® Report January Resale Market Figures
TORONTO, February 4, 2015 – Toronto Real Estate Board President Paul Etherington announced a strong start to 2015, with robust year-over-year sales and average price growth in January. Greater Toronto Area REALTORS® reported 4,355 home sales through the TorontoMLS system during the first month of the year. This result represented a 6.1 per cent increase…
Read MoreProperty Assessments as a Measure of Value
When homeowners receive provincial Property Assessment notices, some will smile and have a bit more spring in their step, feeling the assessed value is accurate or perhaps even overly positive. Others will wilt and lament a modest gain or even a decrease in the assessed value over the previous year or period. Reactions will of…
Read MoreCurrent Residential Mortgage Rates as of February 2, 2015
Term Fixed Closed Rate 6 months 3.95% 1 Year 2.79% 2 Year 2.34% 3 Year 2.59% 4 Year 2.77% 5 Year 2.79% 7 Year 3.29% 10 Year 3.89% Prime = 2.85% Variable Closed (5 yr) = Prime minus 0.70% = 2.15% Variable Open = Prime plus 0.80% = 3.65% Secured Credit Lines = Prime …
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