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April 2018

Market Watch - Canadian Real Estate has entered the buyers’ market territory
Rising interest rates and stricter mortgage requirements have reduced home buyers’ purchasing power, particularly for those at the entry level of our market, the supply of apartment and townhome properties for sale today is unable to meet demand. On the other hand, the detached home market has entered the buyers’ market territory. ... read more
First-Time Home Buyers Tax Credit (HBTC)
The First-Time Home Buyers Tax Credit (HBTC) is one of the measures provided by the federal government in 2009 to encourage investment in Canadian housing. ... read more
Five Home Renovations That Pay Off
When it comes to preparing your home for sale, some home sellers make it their objective to get the most return on their homes. Before starting any home improvement, you should evaluate the return on investment (ROI). Ask yourself what renovations will boost the resale value of the house. ... read more
Childproofing Your Home
Household injuries are one of the top reasons kids under age 3 visit the emergency room, and nearly 70% of children who die from unintentional injuries at home are 4 years old and under. Younger children have the highest risk of being injured at home because that's where they spend most of their time. ... read more
Selling Your Home? Appeal to the Homebuyer's Senses
Every seller wants his or her home to sell fast and bring top dollar. it's not luck that makes that happen. It's careful planning and knowing how to professionally spruce up your home that will send home buyers scurrying for their checkbooks. ... read more
 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.14% 3.10%
1 Year 3.10% 3.00%
2 Years 3.35% 3.25%
3 Years 3.45% 3.05%
4 Years 3.85% 3.40%
5 Years 5.15% 3.15%
7 Years 5.30% 3.75%
10 Years 6.10% 3.85%
Variable Rate 2.40%
Prime Rate ** 3.45%
*last updated: Apr 17, 2018


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