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August 2016

Market Watch August 2016 — Summer Sales Sizzle in a Hot July
The Canadian Real Estate market continues to sizzle in Ontario’s Greater Toronto Area, while it has moderated in many other regions in the Country. ... read more
How "Smart" is Your Home?
Smart home products are quickly catching on with consumers ranging from front doors that unlock as you come up the walkway, robot lawnmowers that keep your grass trimmed, remote controlled thermostats and lighting, to home monitoring cameras. What wa... ... read more
Save Water, Protect Your Home and the Environment
Water is a limited resource. What each of us does in the world, how we live, does make a difference. As we learn the value of clean, safe water and how scarce it truly is, we can take steps to protect it and to get it to people who lack access today. ... read more
Dining Room Decorating Tips
The ideal dining room design must be dynamic enough to satisfy the role of a functional feasting ground in addition to providing an intimate setting for a social gathering among friends and family. ... read more
How Credit Score Affects Your Mortgage Rate
Your credit score is a judgment about your financial health, at a specific point in time. It indicates the risk you represent for lenders, compared with other consumers. ... read more
 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.14% 3.10%
1 Year 2.89% 2.29%
2 Years 2.85% 2.15%
3 Years 3.39% 2.30%
4 Years 3.85% 2.50%
5 Years 4.60% 2.60%
7 Years 5.35% 3.45%
10 Years 6.10% 3.85%
Variable Rate 2.30%
Prime Rate ** 2.70%
*last updated: Aug 17, 2016


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The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.