Etobicoke Real Estate

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Monthly Archives: June 2012

Ottawa tightening mortgage rules; no more 30-year amortizations

See the Globe & Mail article below.

Highlights:

Maximum Amortization reduced from 30 years to 25 years
Secured Line of Credit max limit reduced to 80% from 85%
GDS capped at 39%

The country’s biggest banks were caught off guard… Continue reading

GTA REALTORS Report Mid-Month Resale Housing Market Figures

GTA REALTORS® Report Mid-Month Resale Housing Market Figures
TORONTO, June 18, 2012

Top Ten Reasons NOT to plan for retirement…..

from my Financial Advisor…
If you don't have a Retirement Income Plan I really recommend you read the attached article. It's one of the best I've seen in a while.

No matter what your reason is (maybe you have more… Continue reading

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