Home Sales Rise, listings decline in November
Posted by Robert Clancy on Jan 4, 2012 in Blog | 0 comments
Canadian resale housing market tightened slightly in November. The supply of new listings fell in 23 of 28 markets in November, but exceeded year – earlier levels in 20 Jurisdictions. An easing in Supply of listings, combined with slightly weaker sales gains, lifted sales to listing ratio in November in 23 out of 28 markets.
Current Mortgage Rates
Bank Rates |
Term |
Our Rates |
|
3.50 |
1 year |
2.79 |
3.55 |
2 year |
2.59* |
4.05 |
3 year |
2.89 |
4.79 |
4 year |
2.99 |
5.29 |
5 year |
3.19 |
6.35 |
7 year |
3.84 |
6.75 |
10 year |
3.89 |
N/A |
Variable (3yr -closed) |
2.80* |
3.00 |
Variable (5yr -closed) |
2.85 |
4.00 |
Variable (Open) |
3.75 |
Prime = 3.00% | ||
Mortgage Blog Posts
- Fixed rates possibly moving upwards: It looks like fixed rates may be possibly moving upward... #mortgages #toronto
http://t.co/3YxxYFZM - Europe seals new Greek bailout deal to avert chaotic default via @globeandmail
http://t.co/AFAcR8lQ - What is mortgage amortization?: Mortgage amortization is the length of time that a mortgage ... #mortgages #toronto
http://t.co/1uM0h992