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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Wednesday, November 25, 2015

Fed interest rates could cool Canada’s housing market

As mortgage rates begin to increase it may well lead to a cooling of the housing market according to a mortgage lender’s economist. TD Bank’s Diana Petramala says that fixed rate mortgages could increase by 60 to 70 basis points if, as expected, the Fed raises its interest rates next month due to the link with government bonds. She estimates that the impact on house prices could be as much as 15 per cent over the following six months. Variable mortgage rates have already been creeping up and RateSpy.com founder Robert McLister told The Globe and Mail that it was a surprise: “It’s a huge change in the variable-rate market – one that very few people anticipated.”

MBN

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