Tuesday, March 31, 2009
Confusion at Kingsbridge Gardens Circle Condos Mississauga
Sunday, March 29, 2009
Mortgage interest rate decrease
Mortgage rates are very low, and you can secure a 120 day rate hold by going through the preapproval process.
Current mortgage interest rates are below
Best rates as of March 2 3rd, 2009*
Prime................2.50%
Variable........... Prime plus .80%
1 yr closed........3.25%
2 yr closed........3.80%
3 yr closed........3.84%
4 yr closed........4.10%
5 yr closed....... 3.99%
7 yr closed........5.15%
10 yr closed......5.25%
*Rates subject to change without notice
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS Newsletter
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
2 FAX 905-828-2829 ÈCELL 416-520-1577
› E-MAIL : mark@mississauga4sale.com
Website : Mississauga4Sale.com
- Thinking of selling your home in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
- Power of Sales and Foreclosures
- If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
- See seasonal housing patterns
- Would you like me to send you a 2009 Calendar?
Saturday, March 28, 2009
Mortgage interest rate update
It’s a great time to lock in their rates for 120 days. (till July) or tell your family and friends!
If you have a closing within 30 days can take advantage of a low rate of 3.99%.(o.a.c). on a 5 year closed term.
5 YEAR TERMS
5 YEAR closed 4.05% (120 DAYS)
CLOSED VRM prime plus 0.80% (3.30%)
OPEN VRM prime plus 1.00% (3.50%)
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS Newsletter
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
2 FAX 905-828-2829 ÈCELL 416-520-1577
› E-MAIL : mailto:mark@mississauga4sale.com?subject=Mississauga
Website : Mississauga4Sale.com
- Thinking of selling your home in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
- Power of Sales and Foreclosures
- If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
- See seasonal housing patterns
- Would you like me to send you a 2009 Calendar?
Friday, March 27, 2009
Anyone can sell a Corvette at half price!
From: [mailto:]
Sent: Tuesday, March 10, 2009 3:07 PM
To: mark@mississauga4sale.com
Subject: Information Request
Hi Mark
I am impressed!
Just found your site when asking the question: What percentage of listing agents are selling agents?
As I wanted to see the stats on agents listing, do they sell your house, or do agents from other companies actually sell your house?
Even though we wont be using your services as we are in BC and you are in Ontario, I do wish to compliment you on your web site, and professional approach to your clients...
I like your web site, the questions and answers....especially what you promise to deliver
We are listed for sale here in Victoria, and I am very very discouraged and now that I have read about you approach to listing and selling a home for your client.....I am thinking things over more....The feedback from a viewing is very helpful to a client....getting no reply back is very disheartening, and we have had aproximately 6 or 7 viewings in the past few months, and I have never heard back from my agent.
We thought we chose the best agent in Victoria, and I have just reread the 5 Truths... http://www.mississauga4sale.com/5truths.htm it enlightens me more Especially Truth #1... I know it is a tough market..but homes are still selling....Our property is rare for our area, its waterfront on a lake in an up and coming area., with revenue potential in several ways, and has several options for the future...
..I know the purchaser decides on the price, and I am astounded our agent wants to lower it yet again..and seldom do we hear from him unless it is to lower the price
.
ANYONE CAN SELL A CORVETTE AT HALF PRICE....however, a clever salesman gets the highest dollar he can to get the highest commission, which is his final goal...
Anyway I have taken up too much of your valuable time....thank you for this valuable information on your web site;....
Good luck to you I am sure your clients have had good results.
G
my response back to this person was:
Thursday, March 26, 2009
Pre-Foreclosures in GTA - do they exist?
Hi Mark,
Do you have any thing on pre-foreclosures?
Do you have properties where there can be discounts of 30 to 50%?
Of course there has to be room for profit;foreclosure don't work so well that way or do they?
Are you able to provide the deep discount properties?
Thanks Mark,
GG
Hello GG,
Wednesday, March 25, 2009
Pre Power of Sale Properties question and answer
Tuesday, March 24, 2009
Interest rates, what's best Fixed vs. variable... a different story
However, that was then, this is now. With the discounted variable rates being a thing of the past (it may be something that we will not see for many years to come) and variable rate mortgages now being offered at a premium, the gap between variable and fixed rates is now much smaller.
So am I saying that you should go fixed? Not necessarily. You will experience an immediate savings with the variable rate, as always in the past, and most variable rate products allow you to switch to a fixed at anytime without penalty. Going the variable rate route at this day and age, is much more risky than it has been in the past. A
nyone going with a variable rate must be prepared to switch at some point within the next year to two years when rates start going back up again in order to benefit from any savings. For this reason, I suggest this product only for the more financial savvy mortgage seekers. For homeowners who would rather get into a mortgage and not have to worry about it for the next 5 years, the fixed rate will be the better, safer option.
We anticipate one more rate drop of 25 basis points (1/4%) during the next interest rate announcement from the Bank of Canada on April 21rd which will most likely be the last prime rate drop we see. Can it really go much lower? Bank of Canada Prime rate is currently sitting at .5%
Fixed rates are continuing to drop with a 5 year fixed now as low as 4.07%! WOW!
Today's lowest rates are as follows:
1 year fixed 3.25%
2 year fixed 3.89%
3 year fixed 3.99
4 year fixed 4.15%
5 year fixed 4.15%
5 year fixed 4.07% (30 day quick close)
5 year variable 3.30% (prime + 0.8%)
Thanks
Mark
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS Newsletter
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
2 FAX 905-828-2829 ÈCELL 416-520-1577
› E-MAIL : mark@mississauga4sale.com
Website : Mississauga4Sale.com
- Thinking of selling your home in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
- Power of Sales and Foreclosures
- If you have not already signed up to receive my monthly real estate newsletter, you may do so here: On-Line Real Estate Newsletter sign up
- See seasonal housing patterns
- Would you like me to send you a 2009 Calendar?
Friday, March 20, 2009
Mortgage Interest Rate update
I hope this finds you happy and healthy!
Mark
TERM | POSTED | Achievable RATES* |
6 Month | 5.20% | 5.00% |
1 Year | 4.50% | 3.25% |
2 Year | 5.00% | 3.79% |
3 Year | 5.20% | 3.74% |
4 Year | 5.44% | 3.94% |
5 Year | 5.55% | 3.82% |
7 Year | 6.80% | 4.95% |
10 Year | 5.80% | 5.25% |
Variable Rate | 3.25% | |
Prime Rate | 2.50% |
* Rates may vary and are subject to change without notice.
Rates Last Updated: Friday, March 20, 2009
- Interest Rates
- Power of Sale Properties
- Price Trends
- or Search the MLS and more at my website
Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com
- Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
- On-Line Real Estate Newsletter sign up
- See seasonal housing patterns
Tuesday, March 17, 2009
Tim Horton's chances of winning a car!
I just heard on the radio with the Roll up the Rim to WIN with Tim's that they put more winning cups in BC compared to Ontario
The odds of winning a car in BC are about 1 in 5 million and in Ontario the odds are 1 in 10 million which is about the same odds as you becoming a professional athlete or dating a super model, good luck!
Lol
Mark
Monday, March 16, 2009
Current Mortgage Interest Rates in Toronto Area
Take advantage of today's historically low interest rates.
There's no better time to consider purchasing your first home, renewing your mortgage, or planning that home renovation you've been thinking of.
TERM | POSTED | BEST RATES* |
6 Month | 5.20% | 5.00% |
1 Year | 4.50% | 3.50% |
2 Year | 5.00% | 3.99% |
3 Year | 5.20% | 4.00% |
4 Year | 5.44% | 4.14% |
5 Year | 5.79% | 4.12% |
7 Year | 7.00% | 6.00% |
10 Year | 7.35% | 6.35% |
Variable Rate | 3.25% | |
Prime Rate | 2.50% |
* Rates may vary and are subject to change without notice.
Rates Last Updated: Thursday, March 12, 2009
- Interest Rates
- Power of Sale Properties
- Price Trends
- or Search the MLS and more at my website
Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com
- Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
- On-Line Real Estate Newsletter sign up
- See seasonal housing patterns