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2.19%

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BEST VARIABLE RATE

1.80%

(PRIME - 0.60%) for 5 years

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Real estate prices may go down in Canada

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A diverse and rich experience in the further development of various forms of activity entails the process of implementation and modernization of further areas of development. The significance of these problems is so obvious that the further development of various forms of activity largely determines the creation of substantial financial and administrative conditions.

Ideological considerations of a higher order, as well as the beginning of everyday work to form a position, play an important role in shaping the directions of progressive development.

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MORTGAGE 101

MORTGAGE 101

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Latest news

Real estate prices may go down in Canada

The recent report says the pandemic will hurt Prairie real estate prices most of all in the country. However, even Toronto and Vancouver will face prices declines amid growing rental market vacancies and lower immigration rates. According to Moody’s Analytics and RPS Real Property...
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Toronto residents switch from urban condos to suburbs

A wave of Toronto residents saying goodbye to their downtown condos and looking for larger spaces and more affordable properties, are leading to a domino effect in Southern Ontario, even as far as Fort Erie. When the pandemic started, working from home became the...
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The second quarter of 2020 showed improved home affordability in Canada

The recent poll by National Bank shows that Canada’s large urban centres were more affordable in the second quarter of this year. Such results followed worsening affordability during the previous two quarters. The main drivers of the improvement were higher incomes and lower interest...
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Prices for new housing showed the largest monthly increase in three years

The cost of new housing showed the largest monthly increase in more than three years in August due to higher prices for building materials. According to Statistics Canada, its New Housing Price Index was up by 0.5%, marking the fourth consecutive monthly hike and...
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Millennials are ready to buy real estate as interest rates are historically low

The recent poll by Scotiabank shows that lower interest rates are the main reason why young Canadians now want to enter the real estate market. In spite of the global pandemic, 18% of Canadians aged 18-34 noted their plans to purchase a property have...
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