Archives for 2008

August 2009 Toronto Market Update:

Condos Now Being almost 40% of the market and being 67-68% first time home buyers means market updates do follow that market closely. The first time home buyer must move up for all other markets to subsequently keep moving with the exception of markets over $1.5 million market which do not particularily rely on the […]

What Kind of Borrower Are You.

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Trim Your Air Conditioning Costs With These Tips

1/ change your furnace filter monthly. If your filter is gummed up your blower motor has to work harder which will increase your electricity use. This can reduce the chance of equipment failure and save you from an expensive service call. 2/Keep your hands off the temperature. Decide to live in a slightly warmer space […]

Twelve Good Reasons To Avoid Cottage Country

If your debating spending time at the cottage whether you want to spend hours in traffic and maybe $30-$40 more in gas just to get there well here’s my list of things that are supposed to be enjoyable at the cottage but which actually may not be so.  1/ Bugs – this is my #1, I […]

The Death of Zero Down Mortgages In Canada

As of July 11th the Gov’t of Canada has tightened the rules on government backed mortgages.  There are five  major changes to the mortgage rules. 1/ No more Zero down. You will need a minimum of 5% downpayment to purchase a home. If you need to buy Zero Down you can still do so and must […]