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

Mike Halley and Maria Masciulli
Realtors


Re/Max Real Estate Centre Inc

T: 519-836-6365
D: 519-821-2005

mike@mikehalley.ca
maria@coreguelph.ca
www.coreguelph.ca                            September 2010 

Hi to one and all as the Autumn arrives:

We hope you all enjoyed the lovely Summer. Even the gardens prospered from some regular rainfall. We both managed to enjoy some vacation time and renew our energy for September. Our RFeal Estate market has settled down and it looks like a steady season ahead without any unexpected dramatic changes. A pleasant marketplace for both buyers and sellers. We can visit anytime if you need to chat about your local market or need current mortgage information or a valuation. We offer special terms to our clients, their friends and family whether buying or selling. We value your introductions and our advice and consultations are always free and without obligation. Please call us at  519-836-6365  519-836-6365.  We love to visit.


We look forward to  working with you in the future!
All the Best from,

Mike & Maria



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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