David Yeoman's (daveyeoman) Blog

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Mortgage and Lending - Mortgage Intelligence Inc. (David Yeoman)
RECENT BLOG POSTS
Now that our thoughts are turning again to outdoor living, it's a great time to think about making room this year for what may be one of the most practical places in the house: the mudroom.Never mind that we may associate mudrooms with images of country houses, English wellies and walking sticks ...
08/29/2007
TORONTO, Aug. 17 /CNW/ - Resale home transactions reached unprecedented heights in the first half of August,up 17 per cent from the same period in 2006, Toronto Real Estate Board President Donald Bentley announcedtoday.  So far this month 3,838 properties have sold with an average price of $355,8...
08/20/2007
Expect higher prices, interest rates and taxes to cool the housing ...  <- read moreRecord year-to-date sales of existing homes in June, along with double-digit increases in house prices, reflect a still-very-hot Canadian housing market as we reach the midway point in 2007. According to the Canad...
07/25/2007
TORONTO, July 18 /CNW/ - July has started swiftly, with 3,947 sales to date, TREB President Donald Bentley announced today. This mid-month total is up 21 per cent over last July's 3,251 sales."While it is too early to speak of a July record (currently the record is 8,084 sales recorded in 2003), ...
07/18/2007
Personally I think it is just as much an issue of lack of education on the part of the client's Lender as it is lack of knowledge on the part of the respondents.  Regardless the "price matrix" as a result of your Credit Score can cost the YOU thousands of dollars in extra interest charges.  Here ...
07/18/2007
Miller's tax push fails by a single voteGlobe and Mail - CanadaDespite the dire warnings of possible service cuts and tax hikes, Mr. Ashton said last night the deferral was necessary to get the Toronto Real Estate Board ...Cottages prices going through the roofCanoe.ca - CanadaThe average price f...
07/18/2007
Tax attack launched  <-click here to read moreToronto Sun - CanadaPalmer noted a small number of people -- those "trying to achieve the Canadian dream" -- will bear the brunt of the "unfair tax." For every real-estate ...Two new taxes vital for Toronto   <-click here to read moreToronto Star - On...
07/17/2007
Canadian Housing Market Gathers Momentum As US Market SlumpsMoney Morning - USARoyal LePage Real Estate said in its quarterly report that the average Canadian house price is expected to rise by 9.5% to reach $286775 by the end of this ...June a record month for Canadian home buyingToronto Star - ...
07/13/2007
Bank of Canada raises overnight rate target by 1/4 percentage point to 4 1/2 per cent resulting in all major chartered Bank raising their Prime Rates to 6.25%OTTAWA - The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to ...
07/10/2007
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  The Maple Leaf Forever! It was over 40 years ago, in 1965, that Canada's distinctive maple leaf flag flew for the first time. Then, as now, the flag had its supporters and detractors. But few realized what a powerful and positive symbol our Canadian flag would become.  Though we endlessly debat...
06/29/2007
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