Harpreet currently provides his services to all of Southern Ontario whether you are a first time homebuyer, sophisticated real estate investor, or any step in between.

Contact

(416) 795-1919

Search Mortgage Corp. 100-50 Village Centre Place Mississauga, Ontario, L4Z 1V9 License #: 12652

harpreet@searchmortgage.ca

October 2nd Mortgage Industry Update

October 2nd, 2014 Mortgage Industry Update

One of our main lenders decreased their 5 year variable interest rate to 2.20%!!! There is a possibility some lenders will follow, for the month of October.

Additionally this week:
– The Toronto Star released an article stating the GTA is expected to lead country in luxury home sales. [fancy_link link_text=”Learn More” url=”http://www.thestar.com/business/2014/09/04/gta_expected_to_lead_country_in_luxury_home_sales.html?app=noRedirect” float=”none”].

– A new poll stated that GTA homebuyers are choosing convenience over size. [fancy_link link_text=”Learn More” url=”http://www.cbc.ca/news/business/gta-homebuyers-choose-convenience-over-size-1.2776390?cmp=rss” float=”none”].

– First-time homebuyers are feeling the weight of Canada’s housing boom. [fancy_link link_text=”Learn More” url=”http://business.financialpost.com/2014/09/27/first-time-homebuyers-are-feeling-the-weight-of-canadas-housing-boom/?utm_content=buffer37713&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer” float=”none”].

– The Globe And Mail released an interesting article comparing property taxes with different home values across Canada. [fancy_link link_text=”Learn More” url=”http://www.theglobeandmail.com/report-on-business/economy/housing/the-real-estate-beat/property-tax-survey-could-cause-grumbling-among-home-business-owners/article20795900/” float=”none”].

– Another strong month for GTA new-home sales. [fancy_link link_text=”Learn More” url=”http://www.bildgta.ca/media_releases_2014_detail.asp?id=957″ float=”none”].

 
Stay tuned for the next update!

For any questions and concerns please do not hesitate to call Harpreet Singh The Mortgage King at (416) 795-1919.

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Harpreet Singh

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