Starting four weeks ago, our regularly-scheduled Mortgage Monday blog posts began featuring a 4-part series courtesy of MCAP on how and why mortgages are priced the way they are (the series began with Part 1 four weeks ago: The Bond Market and Fixed Income Yields – How Does it Really Work?, followed by Part 2… Continue reading Variable Rate Mortgage Pricing – What in the World is Going On?
Month: April 2012
Still a Seller’s Market in Barrie
Not much has changed in a month! March residential sales are still up like they were in February, but there’s still a lack of inventory in our fair city. There is a lack of new listings on the market (361 this year compared to 381 in 2011), and demand remains high. Luckily for sellers, this… Continue reading Still a Seller’s Market in Barrie
When do you have to pay HST on a house?
In Ontario, HST always applies to the purchase of land unless there is a specific exemption. For most residential resale transactions, there is an HST exemption in place so that it does not apply. For many new homes, there are significant rebates for HST, as long as you intend to live in the new home… Continue reading When do you have to pay HST on a house?
Happy Easter!
Happy Easter from all of us here at BarrieRealEstateTalk.ca! Since it’s a holiday, there will be no Mortgage Monday blog post today (but we’ll finish up our 4-part series next week). We hope you’re enjoying the long weekend! TimTim is a mortgage agent in Barrie who specializes in helping first-time home buyers. He works with… Continue reading Happy Easter!
Residential Rentals Scarce in Barrie
Before most of us become homeowners, we rent apartments or sometimes houses. More often than not, however, many people are renting someone’s basement. As most people in Barrie know, the vast majority of basement (or “second suite”) units are technically not legal. In fact, there are only 676 registered second suites in the city. We… Continue reading Residential Rentals Scarce in Barrie