August 2010

Market Watch – August 2010
Summer Cool Down Continues
The Canadian resale housing market continues to ease up. July sales dropped drastically when compared with the same month last year. This slow-down is not surprising in the face of tighter mortgage regulations and rising interest rates. ... read more
How Credit Score Affects Your Mortgage Rate
When you apply for a new loan, the loan officer will check your credit history first. Your credit score in most cases influences the amount you can borrow and also your interest rate. Understanding your credit score in a better way enhances your cha... ... 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
Interior Design Tips: Home Theatre Decorating Ideas
A home theatre has quickly become a must-have for practically every family. From the simple family room setup to a much more elaborate theatre-seating wonder, today’s home theatres aren’t just for the wealthy anymore. ... read more
Green Living - How to Avoid and Repel Mosquitoes Naturally
Nothing ruins a lovely summer evening faster than being attacked by hungry mosquitoes. With the arrival of the West Nile Virus, mosquitoes have become a dangerous insect for the first time in many years. ... read more
 

With Compliments of

KEVIN KAVAKEB
REALTOR


SUTTON WEST COAST REALTY
301-1508 WEST BROADWAY
VANCOUVER, BC, V6J 1W8
T: 604-715-0811
SOLD@KEVINKAVAKEB.COM

Greetings,
Your are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact me any time. It is my pleasure to help you.

Best regards,
Kevin Kavakeb



NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Month 4.55%  3.95%
1 Year 3.50% 2.45%
2 Year 3.90% 2.80%
3 Year 4.45% 3.35%
4 Year 5.05% 3.80%
5 Year  5.40% 4.00%
7 Year 6.20% 4.80%
10 Year  6.50% 5.20%
Variable Rate 3.25%
Prime Rate  2.75%
* last updated: Aug 30, 2010


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