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May 2008 Newsletter

Market Watch - May 2008
Spring market has finally arrived in some areas of Canada with a mild increase in April sales! While the market is shifting in favor of buyers in other areas. ...
How to Secure Your Home and Lock Out Crime
Recent statistics show that burglary accounts for 22 per cent of all property crime. This news may worry some Canadians about the safety of their homes and community. The following tips will help you lock out crime and secure your home. ... read more
Understanding The Sub Prime Mortgage Market Crisis
Despite the fact that the U.S. sub prime mortgage market has gained much media attention, only some of us know what this means while many are worried about it's affect on our market. In this article we shed some light on this issue and it's effects ... ... read more
Choosing The Right Neighbourhood
Whether buying or renting, you should be choosy about the neighbourhood you move into. And if you have a family, there are even more factors to consider. So before you move, research your options; get to know the area, spend some time on its streets, ... ... read more
How to Make Your Garage Sales Fun and Profitable?
Robins aren't the only proof that spring is here, the crowds at garage sales are a sure sign that spring has finally sprung! Rather than discarding what you may no longer use or want, try selling it at a garage sale. A garage sale can be a profitable... ... read more
 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Month 6.80% 5.40%
1 Year 6.95% 4.90%
2 Year 7.00% 5.50%
3 Year 7.00% 5.25%
4 Year 6.85% 5.50%
5 Year 6.99% 5.45%
7 Year 7.40% 5.90%
10 Year 7.75% 6.15%
Variable Rate 4.15%
Prime Rate 4.75%
* last updated: May 12, 2008


Copyright © 2008 Canada Realty News™. All Rights Reserved.