HERE IS THE SKINNY ON THE CIBC 4 YEAR 1.99% OFFER %*****. Notice all the Asteriks!!!  ALWAYS DO THE MATH especially when you see an asterisk . LOL  Nonetheless after reading this please rest assured that at DOMINION LENDING CENTRES SUPREME we are here to help you and HAVE NO ASTERISKS when arranging a Mortgage for […]

To all of my REALTOR friends who have clients wanting the BMO 2.99% product … BMO is offering max 25 yr am, term is fully closed, no refi’s or early renewals, IRD is typically a min of 4%, lower prepayment options, less payment frequency options. So much for their tag line Get Home Free Faster! […]

Great article on leased land,   Should You Buy Property On Leased Land? The pros and cons of purchasing a house through a land lease contract By Moshe Pollock Ready-Homeownership Generally, a person purchasing a home buys the house and the land upon which it is situated. But there is a form of home buying […]

Written by Genworth Unit sales in Toronto’s resale market are forecast to fall by 1.2 per cent in 2012, in line with modest economic growth and federal efforts to calm overheated markets. Starts in the new market will drop 2.2 per cent, even after hitting record levels in the first quarter. A new land transfer […]

Here is a cool article on The Globe and Mail Regarding our times and these historic low mortgage rates.     “Just 60 short months ago, mortgage rates were double what they are now. That means payments on a 25-year mortgage of equal size were 36% higher than today. Since then, the amortization gods have slashed mortgage […]

Q: Hi Vince can you please explain what changes these new mortgage rules will have on new buyers and is it true that i have to put 15% down payment on a purchase from now on?. Thank you Rosalia Hi Rosalia, When purchasing a home for principle residence you DO NOT need to put a […]