Average Sales in Quinte 2016 Vs 2017

By: Alexa Grant

Average Sales in Quinte 2016 Vs 2017

Tags: belleville real estate

I am very pleased to see the increasese in our market. I believe 2018 will also continue to increase our market as many buyers from the GTA area continue to move East. I do not believe they will be the increase in 2017 to 2018 will be as drastic as 2016 to 2017.  Feel free to leave your comments on your current thoughts of the Quinte & Prince Edward County Market. ...Read More

By: Alexa Grant

Buying Your First Home

Tags: first time buyer, buying a home,

Buying Your First Home- What You Need to Know 1. Save a Down Payment Before Getting a First Home Mortgage While Home Mortgage Ontario can offer a first home mortgage with a cash-back mortgage product for up to 5% of the value of the home, the best practice would be to save up a minimum of 5% for your first home mortgage downpayment. Cash back mortgages require high credit scor...Read More

RRSP Home Buyer's Plan

By: Alexa Grant

RRSP Home Buyer's Plan

Tags: first time buyers, rrsp, down payment, loan, buying a home

Thinking of buying a home? Here is a smart way to start investing.  RRSP's: Normally, any amount you withdraw from your RRSP is considered taxable income However, the government allows you to borrow up to $25,000 from your RRSP to help pay for your home as long as you qualify as a first-time buyer. In order to meet this requirement, you must not have purchased a home within the last four ...Read More

Interest Rates Rise and One of the Biggest Rule Changes May Come Into Affect

By: Alexa Grant

Interest Rates Rise and One of the Biggest Rule Changes May Come Into Affect

Tags: mortgage, rates, house prices, napanee, kingston, belleville, cmhc

  CHMC High Ratio Mortgages will now give you a better rate then mortgages with 20% down or more. For example a 5 year with 5% down is around 2.99% and that same 5 year with 20% would be 3.19% and 20% down for a refinance would be 3.29%. Every mortgage now has to qualify at 4.84 regardless of the term and rate sellected.  What will this mean for our local market? I believe this wi...Read More

1 Message Us On Facebook Message us on Facebook!
close