Referral Mortgages.com Article – March 2

First-Time Buyers Will Survive The New Rule The days of buying near-million-dollar homes with 5% down are officially over. The new minimum equity rules for purchases between $500,000 and $1 million began Monday. The regs now require 5% down on the first $500,000 and 10% down for the remaining portion. As before, purchases of $1 …
Read More

TD/ Canada Trust Economic Highlights – March 2

HIGHLIGHTS OF THE WEEK – March 2 United States • Global markets see-sawed in recent days but ended the week on a relatively upbeat note as the oil price rally boosted equities and risk sentiment. • Global sentiment is also being shored up by Beijing, with Chinese authorities arguing that the government has plenty of …
Read More

TD/ Canada Trust Economic Highlights – Feb 22

HIGHLIGHTS OF THE WEEK – Feb 22 United States • Risk assets were in demand again this week after several weeks of being shunned. Global markets will close up this week and U.S. Treasuries sold off although low yields still signal market unease. Oil is holding on to last week’s rally as the dollar weakened …
Read More

TD/ Canada Trust Economic Highlights – Feb 17

HIGHLIGHTS OF THE WEEK – Feb 17 United States • The risk-off sentiment was palpable through much of the week, as equites and oil sold off, while safe heaven assets rallied. Markets have recovered some ground on Friday, following better-than-expected retail sales report which helped to dissuade fears about the health of the U.S. economy. …
Read More

Adam Mills Team Real Estate Market Update – February 2016

February Newsletter Summary: January 2016 saw 601 homes sell in Ottawa, compared to 626 in January 2015. The average sale price in January 2016 for a home in Ottawa was $386,839 an increase of 4.6% over January 2015. Average days on market in Ottawa is 108 across all property types.  Also Read “Ottawa Avg. Sale …
Read More

TD/ Canada Trust Economic Highlights – Feb 8

HIGHLIGHTS OF THE WEEK – Feb 8 United States • It was another tough week in financial markets. While the U.S. economy created 151k jobs in January and the unemployment rate fell to 4.9% (from 5.0%), the economic data did little to alleviate fears over the U.S. economy’s susceptibility to weak global growth and the …
Read More