Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2016 

Commercial Bond Yields   CMB         GoC         Floating Rate Insured Cost of Funds 5 Year - 1.33%Canada Housing 06/15/21 [+0.01]       5 Year - 0.88%CAN 3.50 09/01/20 [-]       0.87%                       [-]                        5 Year - 1.44%*Canada Housing 12/15/21 [+0.01]       10 Year -...
04/29/2016
There is no question that the statutory provisions contained in the Married Women’s Property Act were helpful to the women’s liberation cause. The changes started prior to Confederation. When a woman married a man, she lost her “legal personality”. It merged with that of the husband who assumed l...
04/28/2016
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE Prime Rate 2.70% 5 yr variable 2.35%
04/28/2016
Terms The Bank Preferred Rates 1 Year 2.84% 2.79% 2 Years 2.79% 2.34% 3 Years 3.39% 2.49% 4 Years 4.09% 2.59% 5 Years 4.79% 2.69% 7 Years 5.85% 3.39% 10 Years 6.09% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
04/27/2016
Fixed term and preferred rates & posted rates as of April 26, 2016 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.24%          2.84%3yr                                     2.34%        ...
04/26/2016
Is a Back Up Offer a Competing Offer? This is an interesting question since there are some clear and specific rules governing the “competing Offer” situation.The Real Estate and Business Brokers Act requires a seller representative’s brokerage to disclose to potential buyers in competing offer si...
04/25/2016
 Question:Client bought a house with a long six (6) month closing.House was in great condition when the deal was signed.The Buyer visited the premises two (2) months before closing and the Seller has allowed their dogs to defecate all over the house, upstairs, main level, basement.Likely the carp...
04/25/2016
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
04/24/2016
Mid-April 2016 ReportThis is the report from the Toronto Real Estate Board:“APRIL 2016 TREB MID-MONTH STATISTICS Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service®.Over 43,000 TREB Resident...
04/24/2016
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
04/24/2016
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Brian Madigan

LL.B., Broker
local_phone(416) 745-2300
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