Archive for May, 2009

Toronto Real Estate Market Sets Records in early May 2009

May 21, 2009

There are more signs of stabilization in the local real estate market.
Interest rates are at a record low for a five-year, fixed-term mortgage, still the most popular product among homeowners. Some banks are offering rates as low as 3.75%, if the buyer locks in for a full five years. But variable rates, tied to prime, [...]