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August 2017

Market Watch - Canadian Real Estate Market Continues to Adjust
With recent price declines in Canada's hot real estate markets (Vancouver and Toronto) there's been talk of a slowdown. But, so far, it's hardly something for prospective buyers to get excited about. ... read more
Four Quick Ways to Build Equity in Your Home
One of the primary goals of home ownership should be the building of equity in your home. Equity is simply the difference between the current value of a property and the balance of all mortgage obligations. ... read more
Top Nine Houseplant Killers
No one sets out to kill a houseplant, yet most dead houseplants were killed by kindness. The best thing you can do for indoor plants is to learn something about their growing conditions and provide as close to those conditions as possible. If you se... ... read more
Tips for Securing Your Basement Windows
Basement windows present a significant security vulnerability for many homes. Although the basement itself may not hold anything of value, often doors or windows leading to the basement are not as well protected as other entry points to the home, an... ... read more
Advantages of Using a Mortgage Broker
Finding the right home may seem like the hard part of a real estate transaction, but in reality, getting the best financing can be much harder. This is partially because we have so many options nowadays for mortgage loans and so many places to find ... ... read more
 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.14% 3.10%
1 Year 3.04% 2.40%
2 Years 2.85% 2.55%
3 Years 3.45% 2.70%
4 Years 3.85% 2.85%
5 Years 4.65% 2.95%
7 Years 5.30% 2.95%
10 Years 6.10% 3.80%
Variable Rate 2.20%
Prime Rate ** 2.95%
*last updated: Aug 15, 2017


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