August 2010

MARKET WATCH - Greater Vancouver Housing Statistics - July 2010
Homebuyers and sellers less active in July ... 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

Karel Palla
Personal Real Estate Corporation


RE/MAX Select Realty

T: 604.329.1430
F: 1.866.282.1431
kpalla@kpalla.com
www.kpalla.com

Summer Greetings,

Hope everyone has had a great summer so far.  If you are considering making a move or looking to make plans in the near future, it a a excellent time of year to go over your options.

I also have some exciting news in that I now have a business partner, Darryl Sjerven.  We have both been in the top 2% of Greater Vancouver Realtors over the past several years and will have more details in the coming weeks and months about how this will improve the quality service to our clients. 

Please feel free to contact me for a complimentary appraisal of your home, free real estate advice, or to help you buy or sell your next home. Let your friends know, I would love to help them too. 

Best regards,
Karel Palla

"I am never too busy for any of your referrals.  A referral is an important responsibility and is the biggest compliment someone can provide me.  I pledge to treat every referral with the utmost level of respect and professionalism." 



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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