January 2010

Market Watch – January 2010
Housing Recovery Continues With Active December Market
Strong year-end sales put a crown on a year that started slow but ended big. We entered 2009 with a global recession at our backs and a real estate meltdown to the south. However consumer confidence started to return in the second quarter and the rea... ... read more
Strategies For First Time Home Buyers - Getting Your Foot in the Door
Home ownership is the cornerstone of financial independence and security. It may seem a daunting prospect to younger people or first-time buyers, but it is achievable. Like many would-be homeowners, you may be wondering how you can possibly afford to... ... read more
10 Ways to Green Up Your Home
Being earth-friendly doesn't require going solar or growing all your own food. Making your home a little greener is easy and will have a great impact on the environment. A few simple changes in your home can go a long way to combat both high energy b... ... read more
Condo Living - Important Things to Consider When Buying a Condo
Condominium units have become a wise alternative to owning a home. This is not surprising, as living in a condo can be more convenient than living in a house. A condo is ideal for individuals living alone, small families and older people. And because... ... 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 them. ... read more

This Newsletter is brought to you courtesy of:
Ronney Abramson
Sales Representative
Royal LePage R.E.S. Ltd. - JOHNSTON & DANIEL DIVISION, Brokerage
477 Mount Pleasant Road
Toronto, ON, M4S 2L9
T: 416-489-2121
F: 416-489-6297
D: 416-464-4154
ronney@sympatico.ca
www.LiveWorkToronto.com



 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Month 4.60%  3.85%
1 Year 3.65% 2.35%
2 Year 3.95% 2.95%
3 Year 4.30% 3.45%
4 Year 5.05% 3.80%
5 Year  5.30% 4.90%
7 Year 6.60% 5.15%
10 Year  6.70% 5.35%
Variable Rate 3.25%
Prime Rate  2.25%
* last updated: Feb 08, 2010