Leo’s Blog | The Latest News
2012-2013 Ontario Budget
With the release of the 2012-2013 Ontario Budget, we are seeing a number of proposed changes that may affect many Ontario residents in a positive way. There were several architects involved in constructing this budget with the biggest goal being to completely...
March Market Update
Having completed the first week of March, so far 2012 has had one triple digit market swing in a single trading day. This is most welcome considering the market experienced triple digit moves in a single trading day 42% of the trading days logged last year. Clearly...
Mortgage and Housing Trends
Mortgage rates in Canada are derived from the Bank of Canada Rate, both the bank rate and mortgage rates over the past year have been at decade lows. - Bank of Canada rate currently at .25%, bank prime rate at 2.25% - 5 year posted mortgage rates at 5.25% - Decade...
Market Update – January 31st, 2012
If you are not aware, 2012 has had the best January start since 1997. It is an election year and I am hopeful the gridlock in U.S Congress will subside – maybe even turn their focus on fixing their housing market and unemployment rate! In addition, if we can see...