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October 2016

Home Buyers and Sellers Face Changing Market Dynamics
The real estate market continued its hot trend with a noticeable growth in prices in Ontario Greater Toronto Area (GTA) while it is moving towards a decline in most other areas in the country. The new tax on foreign buyers embossed recently on sales ... ... read more
Easy Tips to Prepare Your Home For Winter
As the winter season approaches and the air grows crisp, it's time to start thinking about preparing your house for the season. Once winter blows in, housing have to get serious. It is important to consider the fact that the winter season means spend... ... read more
Things to Consider When Updating Your Bathroom
Bathrooms are one of the most used and abused rooms in your home, yet they are also a serene and relaxing retreat to escape for a few moments each day. With that in mind, it is important for your bathroom to be functional, beautiful and enjoyable. ... read more
How to Reduce the Stress of Moving
Moving can be a very stressful time for many of us. A move carried out in haste can bring about several unnecessary problems. However, there are many ways to reduce the stress of moving allowing you to actually enjoy the moment. Here are a few tips t... ... read more
Low Interest Rates and the Current Real Estate Market
Record-low borrowing costs combined with the growing realization that the economic storm is passing have fuelled the remarkable recovery of the real estate market in Canada. However, it is important to understand some of the issues that have surfaced... ... read more

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Term Posted
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: Oct 19, 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.