This just released today November-17-08, 8:56:49 PM The Bank of Canada held its benchmark overnight lending rate steady at three per cent at it’s setting on September 3rd. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 3.25 per cent. The Bank’s decision to hold interest rates […]
Should Paying Off The Mortgage Wait?
November 17, 2008 by
There is never a downside to paying off your mortgage because it means interest saved which means thousands more dollars in your pocket, however if you recently received a gov’t. tax refund there may be other factors to consider. If you take a $1400.00 tax refund and apply it to a typical mortgage at […]
August 2009 Toronto Market Update:
November 17, 2008 by
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 […]
Trim Your Air Conditioning Costs With These Tips
July 21, 2008 by
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
July 16, 2008 by
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 […]