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Sitting at my desk during this snowy Friday, I thought I would share some insights from my trusted financial advisor, Mr. Rob C. Townsley and his wife and business partner, Sarah Townsley. Here's what they have to say: “I just want to go through a few changes in the industry and let you know what to expect in 2012. 1) ...
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One-in-seven Canadians is now a senior; compared to 50 years ago when it was 1-in-14. That’s a lot of families in transition and it’s going to get bigger. By 2016, almost one-quarter of Canadians will be 65 or older.This has major implications for the children of older baby boomers. These families now have to make life-changing ...
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As we head into quieter 'real estate waters', we do so with confidence. Interest rates have not changed this past week and are sporting some still very low rates. Check these out! Residential Mortgage Rates*
Effective October 24, 2011*Term6 Month1 Year2 Year3 Year4 Year5 Year7 Year10 YearVariable
RatePrime
RatePosted ...
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Hi everyone, here's a note from my financial advisor:
"Scotia announced a rate drop this morning on the 5, 7 and 10 year fixed rates. Their 5 year fixed rate is currently at 3.69%. I would expect other lenders to follow and could see the 5 year fixed rate as low as 3.49% - 3.59% by the end of next week.
Keep in mind this is ...
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Hello folks and hope you are all enjoying the hot weather, either playing in it or keeping cool from it! I wanted to update you with some interest rate information from my good friend/colleague/business associate: Rob Townley. Here is what he has to say:"Well it looks like the rates will continue to drop. The variable rate ...
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One of my business partners, Rob Townsley, has giving me the heads up...thought you would all want to know.Residential Mortgage Rates*
Effective June 27, 2011*Term6 Month1 Year2 Year3 Year4 Year5 Year7 Year10 YearVariable
RatePrime
RatePosted Rates*4.55%4.30%4.05%4.35%5.14%5.49%6.60%6.99%Best ...
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"It looks like the 5 year rate will continue to drop this week. Most lenders are at 3.89%. Bank of Canada as expected has also decided to not raise the bank rate and continues to hold at 1%. Most analyst are expecting the rates to stay low for at least 2 more years. Next rate announcement is in July." This is a quote from one of my ...
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Hi Everyone, an email from my Financial Advisor...please read on...
By this time you might have heard there were some changes made to the rules for insured mortgages. The changes are to take place before March 15th. Some lenders will probably make the changes earlier.1) Maximum amortization allowed on a mortgage has changed from 35 ...
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Well, the decorations are all put away, the festivities are over and a new year begins. I've had a few days to just sit and relax...think about the past year and contemplate the year ahead. I remember last year, at this time, kinda going over the same thoughts. I listened to the doom and gloom of people regarding ...
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At least, that's how I felt this past weekend, during my 2 hour OPEN HOUSE. I was joined only by a friendly neighbor who wanted to check out the different models in his area. It seems that this past month, open houses have become ineffective at drawing a crowd...even when the property is a well-priced, well-appointed...move-right-in ...
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