Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2019 

TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.89% Fixed 4 Year 3.94% 3.07% Fixed 5 Year 5.34% 2.89% Fixed 7 Year 5.80% 3.14% Fixed 10 Year 6.10% 3.19% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...
06/18/2019
Term Posted Rate Preferred  Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.89% Fixed 4 Year 3.94% 3.07% Fixed 5 Year 5.34% 2.89% Fixed 7 Year 5.80% 3.14% Fixed 10 Year 6.10% 3.19% Variable 2.90% Prime 3.95% Benchmark 5.34%
06/12/2019
Toronto and GTA Markets in May 2019 This is the recently released report of the Toronto Real Estate Board concerning the May 2019 results:           GTA REALTORS® Release May 2019 Stats TORONTO, ONTARIO, June 5, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toront...
06/12/2019
Commercial Bond Yields CMB 5 Year - 1.79%* CANHOU 12/15/24 [+0.09]   ‌ 10 Year - 1.96% CANHOU 09/15/29 [+0.08]   * denotes interpolated rate GoC 5 Year - 1.39% CAN 2.25 03/01/24 [+0.10]   ‌ 10 Year - 1.50% CAN 2.0 06/01/28 [+0.10] GOC Bonds are for reference purposes only Floating rate insured c...
06/11/2019
HIGH RATIO fixed term best discounted rates & posted rates as of June 11, 2019 Terms                           Posted Rates                Preferred Rates 6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year ...
06/11/2019
The Mitigation TimelineThe Superior Court of Ontario recently released a decision dealing with the facts in a case where a Buyer defaulted on the purchase of a property, and the Seller resold at a loss.In Friese v. Arfa (30 May 2019), Justice Ditomaso examined the sequence of events.The Buyer sub...
06/07/2019
Commercial Bond Yields CMB 5 Year - 1.70%* CANHOU 12/15/24 [-0.01]   ‌ 10 Year - 1.88% CANHOU 09/15/29 [-0.01]   * denotes interpolated rate GoC 5 Year - 1.29% CAN 2.25 03/01/24 [-0.01]   ‌ 10 Year - 1.40% CAN 2.0 06/01/28 [-0.01] GOC Bonds are for reference purposes only Floating rate insured c...
06/07/2019
Commission Reduction RequestsQuestion:Have you ever specified commission amounts in a listing agreement to account for a scenario where a buyer is represented by a lawyer, not a co-operating brokerage? In this scenario, is the lawyer entitled to the co-op commission amount specified in the listin...
06/06/2019
Spousal Consent in OntarioQuestion:Is there a hard and fast rule for ‘spousal consent must have’ for common law couples?Answer:Spousal Consent under the Family Law Act for matrimonial homes only deals with possessory rights and has nothing to do with the division of assets.There are a few points ...
06/06/2019
HIGH RATIO fixed term best discounted rates & posted rates as of June 4, 2019 Terms                           Posted Rates                 Our Rates 6 mos                          3.34%                          3.30%1 year                          3.59%                          3.19%2 year       ...
06/05/2019
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Brian Madigan

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