July 2018

Market Watch - Bank of Canada Raises The Key Interest Rate to 1.5%
As many economists expected, the Bank of Canada announced today that it is increasing the overnight rate by .25% to a (total of 1.5%), the fourth increase since last summer, given strong economic improvements. ... read more
The Hidden Costs of Home Ownership
Many people think if they get a mortgage equal to the amount of money they are paying in rent, that’s all they need to become a homeowner. What they don’t realize is that there are hidden costs that come with homeownership that they may not have considered. If you are looking into buying your own home, there are a few things you should consider before jumping into the game. ... read more
Seven Ways to Pay Off Your Mortgage Faster
Paying down your mortgage as early as possible is one of the best suggestions that financial advisers make to their clients. After all, throwing extra money at the biggest debt you may have can result in big interest savings and being mortgage-free years sooner. ... read more
Life Insurance or Mortgage Insurance? Which One is Better For You?
When buying a home or renewing a mortgage, many people think they are obligated to sign up for their financial institution's mortgage life insurance. Don't rush into buying your bank's insurance policy until you've looked at all the possibilities. You could end up saving money and getting added life insurance coverage at the same time by purchasing a term life insurance policy instead. ... read more
How to Choose the Right Kitchen or Bathroom Fan
Bathroom and kitchen fans are an integral part of your home's overall ventilation system. In addition to removing odours and improving your indoor air quality, fans can also help lower the level of humidity in your house, protecting your home from moisture damage and helping to prevent the growth of mould. But with so many models to choose from, how do you know where to begin? ... read more

With Compliments of

Michele Vyge-Fraser
Real Estate Agent/ Associate Broker/ CNE®

Red Door Realty
1314 Martello Road
Chapter House
Halifax, Nova Scotia,
T: 902-830-6397

Term Posted
6 Months 3.14% 3.10%
1 Year 3.04% 2.99%
2 Years 3.44% 3.24%
3 Years 3.55% 3.09%
4 Years 3.85% 3.35%
5 Years 5.59% 3.25%
7 Years 5.80% 3.35%
10 Years 6.10% 3.79%
Variable Rate 2.65%
Prime Rate ** 3.70%
*last updated: July 17, 2018

Downtown Halifax! TOP FLOOR CONDO with great balcony and harbour views! $479,900.!

5523 Inglis St., Unit 504 - Downtown Halifax
- The Ingliwood!

Please click on the photo for the virtual tour www.5523Inglis.com 

Wonderful Pet Friendly Penthouse with views of the Harbour and private expansive balcony in The Inglewood! This beautiful condo with fabulous harbour views immediately invites you in with its bright open concept living, dining and kitchen. Numerous upgrades

Call to view today!
New Price! OCEAN VIEWS! ~ Beach Access!
Wonderful Boutiliers Point on Cowlow Cove Home $369900.!

14 Cowlow Cove, Boutiliers Point

Please click on the photo for the virtual tour at www.14CowlowCove.com

Sunshine, spectacular ocean views, wharf access, beaches, gardening, peace and serenity... living the life! Welcome to 14 Cowlow Cove Drive in Boutiliers Point. Just a short drive to downtown Halifax, this wonderful contemporary open concept home offers beautiful year round living. Imagine coming home to a house that welcomes you in with dynamic ocean views from almost all windows and decks, vaulted ceilings, warm wood combined with light walls, large kitchen, main floor laundry, 2 main floor bedrooms plus 4 pc bath and... a private full master suite upstairs! Still need more room? The easy to finish high ceiling dry basement that includes a wine/cold storage room and separate entrance, is waiting for you. Original owners, this home was custom designed and built in 1991, includes both a dug and drilled well and new septic. Take a drive - Hwy 103W to new exit 5A - and check it out. It'll be worth the experience and will likely take you to your new home!
SOLD 108 SOUTHWOOD ~ Waterfrontage ~ Contemporary Home, Hammonds Plains

SOLD 10 Tangmere $369900... Clayton Park - 3+ bedrooms, 4 level detached home with garage ~ Please visit virtual tour  www.10Tangmere.com 

Conditionally Sold 17 Tangmere $299900...Clayton Park - 4 Bedroom Detached, 2-level Family Home with garage Please visit virtual tour at www.17Tangmere.com  

Coming Soon...

Waterfront Place! Downtown Halifax $249900. includes the furniture! www.WaterfrontPlaceHalifax.com 

Wedgewood Park! 42 Wedgewood Avenue, Halifax
Grosvenor Wentworth School District

Halifax Mortgage Specialist Bruce Lusby 

(902) 210-0515


Halifax, Nova Scotia - updated Oct 6, 2015


5yr @ Prime - .65% (2.05%)

HELOC @ Prime +.25% (2.95%)

1yr 2.29%
2yr 2.09%
3yr 2.24%
4yr 2.54%
5yr 2.54%
6yr 3.39%
7yr 3.44%
10yr 3.84%

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