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• Mortgage Rule Changes

  Genworth is following CMHC's move; so as of Oct. 15/ 2008, there will no longer be 100% financing and 40 year amortizations available from Genworth either. CMHC and Genworth backed high ratio mortgages must have minimum 5% down and 35 year maximum. Read More... Posted Tuesday, July 22, 2008 1:36 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Finances, Buyer Information

• Cracks appear in the real estate market

  For several years now I have been advocating that the Canadian real estate market was not behaving in correlation with the US market and that there was no bubble to burst here. Gloom and doom reporters have been trying their best to falsely create this Read More... Posted Thursday, May 15, 2008 8:59 AM by Bill Pinto | 1 Comments Filed under: Real Estate, Market Conditions, Industry, Buyer Information, Seller Information, current real estate market conditions, oakville real estate market

• Property owners to get a fairer assessment appeal system

  A fairer property tax appeal system is expected with changes announced by the provincial government. The changes mean the onus of proof on property assessment appeals is reversed so that, when a property owner appeals an assessment, the Municipal Property Read More... Posted Thursday, May 08, 2008 8:04 AM by Bill Pinto | 0 Comments Filed under: Real Estate, Announcements, Industry

• Rising Interest Rates In 2009?

  CIBC Work Markets released a report this week forecasting 100 bps of Bank of Canada rate increases by the end of next year, which would essentially take back most of the rate cuts we have seen this year. This has implications for potential borrowers who Read More... Posted Wednesday, May 07, 2008 5:32 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, oakville real estate market

• Will Interest Rates Be Rising In 2009?

  CIBC Work Markets released a report this week forecasting 100 bps of Bank of Canada rate increases by the end of next year, which would essentially take back most of the rate cuts we have seen this year. This has implications for potential borrowers who Read More... Posted Wednesday, May 07, 2008 5:32 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, oakville real estate market

• Credit crisis may be fading: Paulson

  Some positive news from south of the border that may calm some of the unfounded fears of a real estate related crash that the Canadian media has been implanting in Canadian consumers for months now. JEANNINE AVERSA and MARTIN CRUTSINGER Wednesday, May Read More... Posted Wednesday, May 07, 2008 5:25 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, Industry, current real estate market conditions, oakville real estate market

• Stretched buyers fuel boom in housing?

  Engine behind the country's housing boom has been increasingly leveraged first-time buyers TAVIA GRANT Wednesday, April 23, 2008 Canada may not have the sizable subprime market of the U.S., but the engine behind the country's housing boom has Read More... Posted Wednesday, April 23, 2008 12:19 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, current real estate market conditions, oakville real estate market

• Bank Of Canada Cuts Interest Rate

  The Bank of Canada cut its benchmark interest rate on Tuesday by a half-percentage point to 3 percent, as expected, and signaled that further easing was required but suggested it might pause before cutting again. First time buyer's, those re-mortgaging Read More... Posted Tuesday, April 22, 2008 8:27 AM by Bill Pinto | 0 Comments Filed under: Real Estate, Announcements, Finances, Buyer Information, oakville real estate market

• Is Your Mortgage Tax Deductible? The SMITH Manoeuvre

  Many of you would have at some point come across the theory of transferring your mortgage debt to investment debt. For those of you not quite sure what's involved in this strategy feel free to read on. If you are like most Canadians the answer is Read More... Posted Wednesday, April 16, 2008 7:30 AM by Bill Pinto | 0 Comments

• Open House in Hawthorne Village on Sunday

  April 2008 Su Mo Tu We Th Fr Sa 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 Hawthorne Village, Milton - We invite everyone to visit our open house at 819 Biggar Heights on April 20 from 2:00 Read More... Posted Monday, April 14, 2008 9:08 AM by Bill Pinto | 0 Comments Filed under: Real Estate, For Sale, Open Houses

• Open House in Hawthorne Village on Saturday

  April 2008 Su Mo Tu We Th Fr Sa 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 Hawthorne Village, Milton - We invite everyone to visit our open house at 819 Biggar Heights on April 19 from 2:00 Read More... Posted Monday, April 14, 2008 9:07 AM by Bill Pinto | 0 Comments Filed under: Real Estate, For Sale, Open Houses

• Market Update

  Further to the local real estate market statistics posted here yesterday, a Royal LePage Real Estate Services' House Price Survey reports that home-price increases moderated in the first quarter, but remained solid due to a strong economy, high immigration Read More... Posted Thursday, April 03, 2008 3:49 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, Industry, current real estate market conditions, oakville real estate market

• March MLS Statistics For Oakville/Milton

  March statistics are now published for the Oakville/Milton real estate market. With a full quarter of 2008 statistics now available for analysis it would appear that to date we could safely say the Oakville/Milton real estate market remains healthy, perhaps Read More... Posted Wednesday, April 02, 2008 1:46 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, Industry, current real estate market conditions, oakville real estate market

• Canadian households dodge U.S.- style credit woes

  Yet another viewpoint on the comparisons between the US and Canada with regards to the the relationship between real estate and the financial sector. Enjoy ... Canadians have so far dodged the severe credit woes gripping the U.S., where the collapse of Read More... Posted Wednesday, March 26, 2008 12:44 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Events, Finances, Buyer Information, current real estate market conditions

• Oakville Real Estate Market Conditions

  Today's market may not appear to present the same level of sizzle as demonstrated a year or so ago however the froth has not disappeared altogether . We’ve been involved in several multiple offer situations since the new year, particularily Read More... Posted Tuesday, March 25, 2008 3:19 PM by Bill Pinto | 0 Comments Filed under: Real Estate, Market Conditions, current real estate market conditions, oakville real estate market