July Re-sales for TREB showed 6564 units sold compared to 9677 sold in July 2009.

July prices averaged $420,482 or 6% above July 2009 prices. The Market has become balanced, with enough listings to meet demand.  See full TREB article.

Rates have dipped slightly with more Lenders offering specials for those who can close in 30 days or less. The Prime rate is up by another .25% this month, but Fixed rates have declined and the discounts on the Variable Rate Mortgages are more generous.

View our rates now for all the special pricing!

WEEKLY E-RATES CLICK HERE

Did you know that $40,000 in credit card  debt can carry for as low as $218.00  per month if Refinanced into your mortgage!

 Let us reduce your monthly payments!

Elfie Hayes

Lowrate.ca

Your Subscription:

** Interest Rates are provided for information purposes only and are subject to change at any time without notice.  The products listed above are available only in Canada to Canadian residents.  Rates shown are for single-family residential properties only and are subject to meeting all lender credit granting criteria. Rates shown above may be specific to the sender and some conditions may apply.  E&EO

Mortgage Agent Lic # M08001377* Mortgage Brokerage Lic # MI10428 * The information and opinions contained in this document are obtained from various sources and believed to be reliable, but their accuracy cannot be guaranteed. The publisher assumes no responsibility for errors and omission, or for damages resulting from using the published information and opinions. This document is provided with the understanding that it does not render legal, accounting, or other professional advice. Whole or partial reproduction is forbidden without written permission.