• Mortgage Rates

    Mortgage Rates | Week of October 21st 2019

    Here are this weeks mortgage rates from the Hanley Mortgage Group. Term  Our Rates* Bank Posted Rates 1 Year 3.59% 3.64% 2 Year 1.99%* 3.74% 3 Year 2.99%* 4.44% 4 Year 3.04% 4.59% 5 Year 2.97% 5.34% 5 Year Special 2.49%* 7 Year 3.44% 5.79% 10 Year 3.70% 6.29% Variable Rate 2.90%*     For more information contact the Hanley Mortgage Group, (416) 323-0535 44 Charles St. West Suite 2304, Toronto, Ontario M4Y 1R7 Canada *Special conditions apply. Interest rates are provided for information purposes only and are subject to qualification and change without notice. 

  • Mortgage Rates

    Mortgage Rates | Week of October 15th 2019

    Here are this weeks mortgage rates from the Hanley Mortgage Group. Term  Our Rates* Bank Posted Rates 1 Year 3.59% 3.64% 2 Year 1.99%* 3.74% 3 Year 2.89%* 4.44% 4 Year 2.94% 4.59% 5 Year 2.87% 5.34% 5 Year Special 2.49%* 7 Year 3.44% 5.79% 10 Year 3.70% 6.29% Variable Rate 2.90%*     For more information contact the Hanley Mortgage Group, (416) 323-0535 44 Charles St. West Suite 2304, Toronto, Ontario M4Y 1R7 Canada *Special conditions apply. Interest rates are provided for information purposes only and are subject to qualification and change without notice. 

  • Toronto Real Estate Market

    Toronto Real Estate Market Stats May 2018

    The Toronto Real Estate Board has reported a 22-per-cent drop in the number of homes sold in GTA in May 2018 compared to May 2017 and a 26-per-cent decline in new listings of homes for sale, both statistic suggestive that consumers are still on the sidelines waiting for evidence of recovery in the GTA market. The decline in listings is helping keep prices stable with the average selling price rising 1.1 per cent in May compared to April on a seasonally adjusted basis. Compared to May 2017, prices for homes of all types were down 6.6 per cent in May 2018. “Market conditions are becoming tighter in the Greater Toronto…

  • Toronto Real Estate Market

    April 2018 Market Stats

    Sales through the TREB MLS in April 2018 on a year-over-year basis were down by just over 32 per cent. Compared to April 2017, which had the highest average sale price on record for the Board, April 2018’s average selling price was down by 12.4 per cent. April’s average sales price was 0.2 per cent below the average sales price in March this year. The month-to-month sales numbers suggest a leveling over the past two months from the drops seen in January and February of this year, and might further indicate that the impact of the tougher new mortgage qualification rules introduced January 1st may already be moderating.

  • Renting and Leasing

    Mandatory New Lease Template for Toronto Ontario Landlords and Tenants

    It’s Monday April 30th 2018 and starting today, any new lease agreement must use the new Ontario Standard Lease template introduced and provided by the Ontario Government.  If you are a landlord in Ontario, you must start using this new lease template. If you are a tenant and about to start a new tenancy, ensure that the lease you are about to sign is the new Ontario Standard Lease template. For more information on this new lease click here;  http://www.mah.gov.on.ca/Page18704.aspx   To download the new lease click here;  http://www.forms.ssb.gov.on.ca/mbs/ssb/forms/ssbforms.nsf/FormDetail?OpenForm&ACT=RDR&TAB=PROFILE&SRCH=&ENV=WWE&TIT=2229E&NO=047-2229E