Housing market “” No relief
The U.S. housing market recession continues in full swing, with home salesrunning at least 20% slower than a year earlier, prices posting significant yearover-year declines and the stock of homes for sale holding well above historicalnorms. Residential investment fell at a 24.6% annual rate in the first quarter afterplummeting 25.2% in […]

Housing market losing its edge but not headed for a crash
Canada’s resale housing market showed signs of slowing early in the secondquarter with sales off 1% from the first quarter of 2008 following three consecutivequarterly declines. However, sales continue to run well above the averagepace of the past 20 years. While strong demand boosted prices, […]

These are the Mississauga Real Estate Current Mortgage Interest rates

TERM
POSTED
OUR RATES*

6 Month
6.2%
6.2%

1 Year
6.95%
5.05%

2 Year
7%
5.25%

3 Year
7%
5.14%

4 Year
6.99%
5.54%

5 Year
7.15%
5.37%

7 Year
7.6%
5.8%

10 Year
7.95%
5.9%

Variable Rate
4%

Prime Rate
4.75%

* Rates may vary provincially and are subject to change without notice. Rates Last Updated: Thursday, July 31, 2008

Read more about:

Interest Rates
Power of Sale Properties
Price Trends
or Search the MLS and more at […]

Hello,I hope you are enjoying your summer and have taken time for vacation and relaxation. Let me ask you this. Is the market slowing down? Or is it just stabilizing? 2007 was a record year for home sales in Canada with 520,192 sales through MLS. We really can’t get spoiled and expect it […]

If you’re thinking of moving this year, you’ll be glad to hear that the forecast for the Canadian real estate market continues to look positive for 2008. The Canadian economy continues to thrive with a high employment rate, a strong dollar and a relatively low cost of borrowing. In fact, more ?rst-time purchasers are expected […]

Current mortgage interest rates in the Mississauga area

Terms Posted Rates Our Rates 1 YEAR 6.95% 5.05% 2 YEARS 7.00% 5.25% 3 YEARS 7.00% 5.25% 4 YEARS 6.99% 5.50% 5 YEARS 7.15% 5.24% 7 YEARS 7.60% 5.80% 10 YEARS 7.95% 5.90% Rates are subject to change without notice. *OAC E&OE

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Current and Future Trends in Seniors Housing are –
i. A landowner who wants to know what to develop
ii. A developer who wants to hear his choices in the Over 50s Market
iii. An Architect who needs to know what the Boomer Market is buying
iv. An existing Aged Care Housing provider who wonders if there are […]

Financial Benefits to owning your homeWe all know the old adage about nothing being certain except death and taxes. However, on a more positive note, you can also be certain of tax benefits if, that is, you are a homeowner. If you have read this, and you are located in Canada and you don’t […]

RBC thinks that the US Federal Reserve to keep rates low in first half of 2009 and initiate process to return to neutral in the second halfOur forecast calls for the U.S. economy to grow at a lacklustre rate in the first quarter of 2009, gain some traction about mid-year as financial market volatility eases […]

Have you heard of the Rule of 72 and how it works?
The Rule of 72 is an easy way to calculate the approximate time it will take your savings to double. You can divide 72 by the interest rate you earn to determine the number of years it will take your money to double. […]