February 2010

Market Watch - February 2010 Sales Start Off Strong in 2010
The Canadian housing market has rebounded well from the lows in sales experienced at the beginning of 2009. Sales climbed back to healthy levels across the country because the cost of home ownership remained affordable in most areas. ... read more
Prospects for the 2010 Housing Market
The rebound that occurred in the Canadian housing market in 2009 was nothing short of incredible. Having started the year a dismal 47% off 2008 levels, sales steadily clawed back. Purchasers who held off in the final quarter of 2008 and the first... ... read more
How to Help Your Child Cope with Moving Anxiety
Moving can be stressful for every member of the family—children included. Depending on the age of children, their fears about a move vary from child to child, but most children approach the idea of moving with some hesitation. ... read more
15 Tips for Hiring a Remodeling Contractor
Finding a qualified contractor for your home remodeling project can be daunting and confusing but it's not a difficult task. You can easily search the web or look in the yellow pages and find many home remodeling contractors listed in your area. But ... ... read more
How to Use Your Credit Card Wisely
Whether you shop online, by telephone or by mail, a credit card can make buying much easier; but when you use a credit card, it's important to control your spending. Use a credit card wisely and you can reap benefits like cash back, bonus points and ... ... read more

This Newsletter is brought to you courtesy of:
Ping Shu
Real Estate Broker
Re/Max Performance Rlty Inc.
141-1140 Burnhamthorpe Rd.W.
Mississauga, ON, L5C 4E9
T: 905-270-2000
F: 905-270-0047
D: 416-726-7227
pshu@trebnet.com
www.pingshu.ca



 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 4.60% 3.85%
1 Year 3.65% 2.50%
2 Years 3.95% 2.95%
3 Years 4.30% 3.40%
4 Years 5.05% 3.70%
5 Years 5.40% 3.85%
7 Years 6.30% 4.95%
10 Years 6.50% 5.20%
Variable Rate 3.25%
Prime Rate ** 2.25%
* last updated: Mar 8, 2010
** Prime rate may vary
according to lender.


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