Up here in Simcoe County, there is a lot of waterfront property. In Barrie alone there are homes all along Kempenfelt Bay, and there are numerous lakes throughout the County where people own homes with waterfront access. There are particular issues to be aware of when purchasing a home right on the water, such as… Continue reading Down by the bay
Use Your Tax Refund as a Mortgage Pre-Payment
I know… it’s the last thing you really want to do with that “bonus money” you get back from the government… but hear me out. Last year, the average Canadian tax refund was over $1,500. The temptation is to spend it – on a new LED TV, a new computer, a vacation – or even… Continue reading Use Your Tax Refund as a Mortgage Pre-Payment
Don’t take my land – please
There is a lot of construction going on in the south end of Barrie right now, with one of the major projects being the expansion of Mapleview Drive between Bayview Drive and Huronia Road. There is also talk that Mapleview is going to be expanded straight through to Yonge Street, once the City works out… Continue reading Don’t take my land – please
Variable Rate Mortgage Pricing – What in the World is Going On?
Starting four weeks ago, our regularly-scheduled Mortgage Monday blog posts began featuring a 4-part series courtesy of MCAP on how and why mortgages are priced the way they are (the series began with Part 1 four weeks ago: The Bond Market and Fixed Income Yields – How Does it Really Work?, followed by Part 2… Continue reading Variable Rate Mortgage Pricing – What in the World is Going On?
Still a Seller’s Market in Barrie
Not much has changed in a month! March residential sales are still up like they were in February, but there’s still a lack of inventory in our fair city. There is a lack of new listings on the market (361 this year compared to 381 in 2011), and demand remains high. Luckily for sellers, this… Continue reading Still a Seller’s Market in Barrie