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| Chris Seney
Sales Representative
Royal LePage York North Realty 905-836-1212 |
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Newmarket Real Estate the Easy Way |
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| Sunday, 06 June 2010, 11:22:29 AM | | | WOW! CHECK THIS HOME OUT...details | |
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| Tuesday, 30 March 2010, 09:36:56 AM | | | | Well it looks like we’re at the end of the road.....rates are going UP!
RBC and TD are increasing their fixed rates by as much as 60 bps, which on their 5 year fixed rate is a change from 5.25% to 5.85%. If you have clients requiring pre-approvals they need to act fast and get their rate holds in place.
Source: Lisa Tomlinson, AMP
Mortgage Planner
17705 Leslie Street, Suite 101
Newmarket, ON
L3Y 3E3
Office: (905) 898-4228, ext. 115
Cell: (905) 836-3904
Fax: (905) 898-4878
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| Thursday, 11 March 2010, 11:48:56 AM | | | | March 11, 2010.....Harmonized Sales Tax for Ontario The provinces of Ontario and British Columbia have agreed to implement the harmonized sales tax (HST), which would replace existing provincial sales taxes and the federal goods and services tax in those provinces beginning July 1, 2010 and would be administered by the Canada Revenue Agency. Legislation to enact the HST has been passed into law by the Governments of Canada and Ontario.
Legislation to enact the harmonized sales tax (HST) has been passed by the Governments of Canada and Ontario. The HST will be applied on most supplies of goods and services made in Ontario at a rate of 13%, consisting of the 5% federal portion and an 8% provincial portion.
Businesses in Ontario that are registered for the GST would be required to collect the HST and would report their HST according to their current GST filing frequency. Retailers and service-providers should begin to upgrade their point-of-sale, cost and accounting systems as early as possible to ensure that they meet the implementation date of July 1, 2010.
Source: Canada Revenue Agency website | |
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| Friday, 26 February 2010, 11:37:07 AM | | | |
February 2010...Toronto Real Estate Board reports Sales and Home prices are very strong -- read more at
http://www.newmarketmoves.com/pdfMarketWatch/2010_02.pdf | |
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| Tuesday, 16 February 2010, 11:34:37 AM | | February 16th, 2010
Ottawa has made some changes to the qualifications of obtaining a mortgage. Please read the brief summary below. These changes are slated to take effect April 19th.
If you have been planning to enter into the Newmarket housing market or plan to purchase Newmarket homes for investment purposes, please contact me so we can get this going before April 19th.
This morning Finance Minister Jim Flaherty made the following three announcements to mortgage insurance rules:
Variable mortgages qualified at five year fixed rate;
Refinancing limited to 90% instead of 95%;
Non owner occupied residences require 20% down payment;? | |
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| Saturday, 06 February 2010, 12:15:40 PM | | |  | |
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