March 2011 - Posts
As a whole, economists are all over the map on when the Bank of Canada will raise rates next. First-hike expectations range from May 31 to October 25. For what it's worth, financial markets are now anticipating a September rate hike. For those seeking
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Finally, winter has passed and it's time for the much needed spring cleaning! Flowers are blooming with birds twittering signals the start of spring and time to let in the fresh air from outside. It's such a refreshing time to let out the bundle-up
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Discount brokers and companies that facilitate ‘for-sale-by-owner’ (FSBO) transactions have popped up in the last six months driven by a landmark deal that has opened up the MLS listing service. Struck in October between the federal competition
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Greater Toronto Realtors reported 4,138 sales during the first two weeks of March 2011 – a five per cent decrease compared to the first two weeks of March 2010. The number of new listings also dipped – down by 15 per cent compared to the same
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Mortgage shoppers crave certainty, so they continually question brokers or bankers about where interest rates are headed. If this is something you’re prone to doing, first ask yourself if your broker or banker can predict the next global catastrophe,
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Canadians are not only confident that they are assiduously paying down their mortgages, but they also believe they have the means necessary to weather a drop in house prices, contrary to worries that household debt is out of control, a poll showed on
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Greater Toronto Realtors reported 6,266 transactions through the Toronto MLS® system in February 2011. This result was 14 per cent lower than the record sales reported in February 2010. But the average selling price was up and February 2011 sales
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The Bank of Canada’s decision to maintain its target for the overnight rate at 1 per cent probably took few by surprise: a Reuters poll found that all forecasters contacted were expecting the Bank to take no action. But holding rates constant was
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