ARCHIVED BLOG POSTS
2018
Commercial Bond Yields CMB 5 Year - 2.43%* CANHOU 12/15/23 [+0.01] 10 Year - 2.59% CANHOU 12/15/28 [+0.01] * denotes interpolated rate GoC 5 Year - 2.05%* CAN 1.75 03/01/23 [+0.01] 10 Year - 2.14% CAN 2.0 06/01/28 [+0.01] GOC Bonds are for reference purposes only Floating rate insured co...
07/20/2018
HIGH RATIO fixed term best discounted rates & posted rates as of July 18, 2018 Terms Posted Rates Our Rates 6 mos 3.14% 3.10%1 year 3.04% 2.99%2 year ...
07/18/2018
The Complications of the Second ClientThe timing issue comes into play, when you have two parties both under contract at the same time.If you get a Listing for Sam’s property, you can show it to everyone, and you can sell it to everyone. The only thing you can’t do is “act” for the Buyer. The rea...
07/17/2018
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...
07/17/2018
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable 2.65% Prime 3.70% Benchmark 5.34%
07/16/2018
Counter-Offer is not always a Rejection (Ontario)A person receiving an Offer may: 1) Accept it, 2) Reject it, 3) Delay consideration until expiration. In most cases, in Ontario , a Counter-Offer is considered to be a “rejection”, unless:1) it is made absolutely clear that the Offer is being he...
07/16/2018
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Disclosure of Close Relationship in OntarioQuestion:If the agent represents cousin's wife - is this consider to be a relative? Same last nameAnswer:In this situation, disclosure is only required with respect to ascendants, descendants and collaterals to the first degree, which means brothers and ...
07/16/2018
Toronto Market Finds a New Pricing Floor in June 2018This is the report from the Toronto Real Estate Board on 5 July 2018:Toronto Real Estate Board President Garry Bhaura, in his first market release as TREB President, is pleased to announce some positive signs with respect to the housing market....
07/13/2018
Commercial Bond Yields CMB 5 Year - 2.43%* CANHOU 12/15/23 [-0.05] 10 Year - 2.58% CANHOU 12/15/28 [-0.03] * denotes interpolated rate GoC 5 Year - 2.05%* CAN 1.75 03/01/23 [-0.05] 10 Year - 2.14% CAN 2.0 06/01/28 [-0.03] GOC Bonds are for reference purposes only Floating rate insured co...
07/13/2018
Rainmaker
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Brian Madigan
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