A new listing has come up for one of the rare pie lots in Bronte Creek.
Bronte Creek at the edge of Oakville near Burlington, backs onto the Bronte Creek Provincial Park. This particular home with asking price of $1,497,000 backs onto 100 feet of the park and parkland. Sweeping view of the park from the upper extended balcony, the home features privacy and a country setting within Oakville.
The entire vista features 180 degree view of only greenery with no homes in site. The home itself is a stunning Fernbrook upgraded high end model with finished basement and over 6000 sq. ft. of finished living space including about 4300 sqft. on the two upper floors.
See the slideshow for more information on this Fernbrook beauty!
Wednesday, May 18, 2011
Monday, April 4, 2011
Mortgage Rates in Ontario Edging Higher
Banks started raising mortgage rates again today as TD Bank lead the increase by raising many fixed-term mortgage rates. The standard 5 year mortgage will go up 0.3percentage points starting tomorrow.
The posted rate for the five-year closed mortgage at TD will increase to 5.69 per cent.
Other mortgage terms going up too and other banks such as Royal Bank are following suit. The increases reflect the increased cost of borrowing funds in the Bond market as the economy continue to grow.
Real estate prices are also rising in the Greater Toronto Area.
Many pockets of Ontario are doing better than others with new areas such as Bronte Creek in Oakville, Ontario seeing additional price increases due to the high desirability of this relatively new neighborhood and the relative lack of inventory.
The outlook for mortgage rate increases continues over the rest of 2011 and into 2012.
To lock in a mortgage rate and prequalify, visit the MortgageMedics.ca in Ontario for the best Ontario mortgage rates.
The posted rate for the five-year closed mortgage at TD will increase to 5.69 per cent.
Other mortgage terms going up too and other banks such as Royal Bank are following suit. The increases reflect the increased cost of borrowing funds in the Bond market as the economy continue to grow.
Real estate prices are also rising in the Greater Toronto Area.
Many pockets of Ontario are doing better than others with new areas such as Bronte Creek in Oakville, Ontario seeing additional price increases due to the high desirability of this relatively new neighborhood and the relative lack of inventory.
The outlook for mortgage rate increases continues over the rest of 2011 and into 2012.
To lock in a mortgage rate and prequalify, visit the MortgageMedics.ca in Ontario for the best Ontario mortgage rates.
Friday, March 25, 2011
Moving Checklist for Canada
So you are moving this Spring, eh?
A move across town or across the country can mean many stressful hours of unproductive time as hundreds of details are tended to. Things that are forgotten or not done in the right sequence can delay an otherwise smooth move or create additional stress.
The key to a successful move is proper planning. The move actually begins long before moving day. Many things can be done comfortably in the days, weeks and months leading up to the move.
If you have a few months before your closing date, you can begin by itemizing a checklist of all of the things that need to be taken care of.
Will you need to make repairs or upgrades to your existing home? If so, begin that as soon as you can to avoid a last minute scramble.
Boxes can already start to be packed and stowed in a basement, closet or garage. This is the time to seperate the give-aways, throw-aways and keepers.
Items in good condition that are no longer needed can be donated to charity, listed on ebay or kijiji, or you can even have a garage sale.
During your next visit to the store, start collecting boxes, but be aware that some boxes may not be strong enough for your moving needs. To that extent, you can buy uniform and sturdy packing boxes which may make loading and unloading easier.
Even though you have not moved yet, begin planting your new leg by learning more about the community resources, schools, post office, bank and other needs in the new place. Plan ahead for travel as airfares are climbing again and there are less overall seats available as airlines have cut back during the recession.
Be sure to keep your important documents together to avoid misplacing them during the move. Also include family heirlooms, jewelry, coin collections and other items of value in the safest place that you can personally tend to during the move.
Once you get close you will want to complete a change of address form at the post office and notify anyone who regularly sends you mail.
Start thinking about your storage needs for excessive items during the home staging process if you are selling your home in order to declutter, or about storage needs to accommodate interim plans until the new place is ready.
Call all of the utilities, phone company, cable and others to arrange a shutoff date.
You can also label boxes as to what room they will go in when you get to the new home in order to expedite the unloading.
Once you get to moving day, preparation will have helped you make this transition in your life smooth. Good luck in your new home!
If you are buying a home in the GTA - Greater Toronto Area including Oakville, Burlington, Mississauga, Hamilton, West Toronto or other Southern Ontario neighborhood and need the best Ontario mortgage rates, call the Mortgage Medics Team.
Mortgages Ontario
A move across town or across the country can mean many stressful hours of unproductive time as hundreds of details are tended to. Things that are forgotten or not done in the right sequence can delay an otherwise smooth move or create additional stress.
The key to a successful move is proper planning. The move actually begins long before moving day. Many things can be done comfortably in the days, weeks and months leading up to the move.
If you have a few months before your closing date, you can begin by itemizing a checklist of all of the things that need to be taken care of.
Will you need to make repairs or upgrades to your existing home? If so, begin that as soon as you can to avoid a last minute scramble.
Boxes can already start to be packed and stowed in a basement, closet or garage. This is the time to seperate the give-aways, throw-aways and keepers.
Items in good condition that are no longer needed can be donated to charity, listed on ebay or kijiji, or you can even have a garage sale.
During your next visit to the store, start collecting boxes, but be aware that some boxes may not be strong enough for your moving needs. To that extent, you can buy uniform and sturdy packing boxes which may make loading and unloading easier.
Even though you have not moved yet, begin planting your new leg by learning more about the community resources, schools, post office, bank and other needs in the new place. Plan ahead for travel as airfares are climbing again and there are less overall seats available as airlines have cut back during the recession.
Be sure to keep your important documents together to avoid misplacing them during the move. Also include family heirlooms, jewelry, coin collections and other items of value in the safest place that you can personally tend to during the move.
Once you get close you will want to complete a change of address form at the post office and notify anyone who regularly sends you mail.
Start thinking about your storage needs for excessive items during the home staging process if you are selling your home in order to declutter, or about storage needs to accommodate interim plans until the new place is ready.
Call all of the utilities, phone company, cable and others to arrange a shutoff date.
You can also label boxes as to what room they will go in when you get to the new home in order to expedite the unloading.
Once you get to moving day, preparation will have helped you make this transition in your life smooth. Good luck in your new home!
If you are buying a home in the GTA - Greater Toronto Area including Oakville, Burlington, Mississauga, Hamilton, West Toronto or other Southern Ontario neighborhood and need the best Ontario mortgage rates, call the Mortgage Medics Team.
Mortgages Ontario
Monday, November 8, 2010
Mortgage Ontario Reports on Canada Mortgage Debt exceeding 1 Billion Dollars
Because of the strong Canadian housing market, the overall residential mortgage debt was reported to exceed a record $1 trillion for 2010.
According to the chief economist of Canada's mortgage industry association, the housing market should show more moderate growth going forward.
Compared to last year, the total sum of outstanding Canadian mortgages has climbed 7.6 per cent.
There are many reasons why there is a current mortgage boom in Canada. Climbing real estate prices allow for the financing of large and one time expenses. Attractive record low interest rates mean lower financing costs on home equity loans and lines of credit.
The new HST rules on new homes may favor the home resale market, especially as builders have already scaled back in recent years.
Recent hikes in the lending rate by the Bank of Canada may serve to help moderate real estate price growth. The rise in interest rates in Canada is also sparking a higher Canadian dollar value versus the Greenback.
Recent preference to fixed rate mortgages should have more Canadians comfortable in the face of rising interest rates, at least over the next five years.
A healthy mortgage market, stable real estate prices along with increases in commodity prices for a nation that is driven by commodities, and a vibrant economy
has helped Canada emerge as one of the stablest countries in the face of global economic uncertainty. This in part is contributing to the recent
rise of the Loonie now at parity with the U.S. dollar.
Although the Bank of Canada seems to be taking a more wait-and-see approach instead of marching forward with more interest rate increases in the short term,
the Canadian real estate market is still doing surprising well and has weathered the recent storm with flying colours.
For home equity loans, home equity lines of credit or other Ontario mortgages contact the Mortgage Medics.
Friday, October 22, 2010
Canada Immigrant Mortgage - New to Ontario Canada Mortgages
Canada Immigrant Mortgage
How is a mortgage different for those new to Ontario, Canada in relation to longer time residents of Canada? Much has to do with the requirements of Canadian mortgage lenders and the increased documentation they require as part of their updated risk management profiles.
What all this means it that lenders lend money in a very low interest environment, so they need to attach a lower cost risk premium to making mortgages. It means they need better documentation or a larger down payment to assure they are not at risk for mortgage default.
How do you qualify for a Canada Immigrant Mortgage ?
How then to prove to Canadian lenders, that you are worthy of a mortgage loan? Leave that to Your Mortgage Options in Ontario Canada, specializing in the placement of mortgages for immigrants and those new to Canada.
Your Mortgage Options mortgage leader Claire Drage was herself an immigrant to Ontario Canada and understands the challenges new immigrants face when moving to a new country and requiring a home loan mortgage. The best part is that Your Mortgage Options finds the best lender for new immigrants to Canada at no cost to the borrower, so get the help you need and start off the new chapter in your life the right way. Call Claire at Your Mortgage Options (905)330-9488 for further details or visit http://www.yourmortgageoptions.ca
Sunday, October 3, 2010
GTA Mortgage Broker
Need a Mortgage Broker in the Greater Toronto Area?
The Mortgage Medics team specializes in finding you the lowest possible mortgage rates at the best terms. No matter what your financial situation, the Mortgage Medics team has a mortgage expert in your area to help you determine the best mortgage for your needs.
Everyone's financial situation is different. Some are self-employed individuals, others are first time home buyers or new to Canada. Still others are remodelling basements, adding pools or other home renovations and need additional funding.
Buying your home or financing for additional cash needs through a home loan is a very important decision. Small differences in interest rates or fees can have a huge impact over the life of your loan. Don't leave one of the biggest financial decisions to chance, get an expert on your side to navigate the mortgage process, help you find the best lender for your particular needs and rely on an expert team with years of mortgage experience in the GTA.
Mortage Medics mortgage agents have an excellent reputation in the Toronto area and understand the suburb markets from Oakville, Burlington, Mississauga, Peterborough and other towns and cities to Barrie and beyond.
If you just rely on the rate and terms your bank hands you, you have not fully discovered mortgage options that can save you thousands of hard earned dollars.
The best part about using a mortgage agent from the Mortgage Medics team is that it costs you not a penny.
The Mortgage Medics team specializes in finding you the lowest possible mortgage rates at the best terms. No matter what your financial situation, the Mortgage Medics team has a mortgage expert in your area to help you determine the best mortgage for your needs.
Everyone's financial situation is different. Some are self-employed individuals, others are first time home buyers or new to Canada. Still others are remodelling basements, adding pools or other home renovations and need additional funding.
Buying your home or financing for additional cash needs through a home loan is a very important decision. Small differences in interest rates or fees can have a huge impact over the life of your loan. Don't leave one of the biggest financial decisions to chance, get an expert on your side to navigate the mortgage process, help you find the best lender for your particular needs and rely on an expert team with years of mortgage experience in the GTA.
Mortage Medics mortgage agents have an excellent reputation in the Toronto area and understand the suburb markets from Oakville, Burlington, Mississauga, Peterborough and other towns and cities to Barrie and beyond.
If you just rely on the rate and terms your bank hands you, you have not fully discovered mortgage options that can save you thousands of hard earned dollars.
The best part about using a mortgage agent from the Mortgage Medics team is that it costs you not a penny.
Friday, September 24, 2010
Basement Finishing Toronto Ontario
One great use of low interest rate mortgage funds it to remodel or refinish your basement. Especially living in the Greater Toronto Area in Canada where we get a cold winter season, the basement becomes the winter sanctuary in place of the back yard.
Having a finished basement makes your home feel bigger and gives kids a place to get away from the adults. (and lets the adults enjoy a peaceful conversation without constant loud interruptions). Each family or basement need will be different.
Some will remodel the basement with an eye toward a private home office or other home based business. Others will want an open entertainment area, and still others will want a multi-use basement with a play area for the kids, or even a home recording studio.
JC Carcone Construction in Toronto is your go-to contractor for quality basement finishing in Toronto. With decades of experience, Carcone Construction can help you solidify the layout you have in your mind, provide quality construction crews and oversight until completion to your satisfaction.
Call Carcone Construction for further details and get the most out of your home this winter.
Having a finished basement makes your home feel bigger and gives kids a place to get away from the adults. (and lets the adults enjoy a peaceful conversation without constant loud interruptions). Each family or basement need will be different.
Some will remodel the basement with an eye toward a private home office or other home based business. Others will want an open entertainment area, and still others will want a multi-use basement with a play area for the kids, or even a home recording studio.
JC Carcone Construction in Toronto is your go-to contractor for quality basement finishing in Toronto. With decades of experience, Carcone Construction can help you solidify the layout you have in your mind, provide quality construction crews and oversight until completion to your satisfaction.
Call Carcone Construction for further details and get the most out of your home this winter.
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