Under the new rules, all borrowers will need to meet standards for 5-year fixed-rate mortgages regardless of whether they’re seeking a loan with a lower rate and shorter term.
Also, the government is lowering the maximum amount Canadians can withdraw when refinancing to 90 per cent of the value of their homes, from the current 95 [...]
Tighter lending standards for mortgages- just anounced
February 16th, 2010Sales Start Off Strong in 2010
February 16th, 2010Greater Toronto Realtors reported 4,986 transactions through the Multiple Listing Service (MLS®) in January 2010. This result represented a large increase over the 2,670 sales in January 2009 when the home sales were in a recessionary trough. Last month’s sales were slightly higher than the January average in the five years preceding 2009.
“The GTA housing [...]
Victory Condos Penthouses Now available by Private Viewing Only
February 13th, 2010Victory Condos and Liberty Village Penthouses Now Available
Read More »THE BURZCY — IN THE ST LAWRENCE MARKET
February 12th, 2010HOTTEST NEW DEVELOPMENT IN THE ST LAWRENCE MARKET
Concert proposes a 13-storey terraced midrise with 163 luxury condominium suites approximately 12,000 square feet of retail at grade and the reconstruction of a heritage facade.
The Berczy is located in the historic St. Lawrence Neighbourhood just three blocks east of Union Station at the junction of Front, Wellington [...]
Minto 775 – King and Bathurst – The newest developement Down Town
February 12th, 2010Minto King 775 West is set to count as one of the most sought place to be in the King West/Entertainment District neighborhood. Also with new project like 550 Wellington West or DNA 3 Condos, The Thompson Residences or Boutique Condos.
Minto 775 King West contribute to make the King West more and more attractive if [...]
Ottawa weighs stricter rules for mortgages as market soars – Globe and Mail
February 11th, 2010Way’s of controlling low interest rates and HOT Market
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