In Case Your Great Aunt In England Leaves You A Large Inheritance!
  
While the GTA has 40 listing over 10 million, the GVA has 120!
$24,950.000
$17,988,800
$13,000,000
$11,800,000 Nice Lawn!!
$15,000,000
$15,800,000
$29,800,000
Don't forget to call me if you need a mortgage on one of these!
Interest Rate Armageddon!!
The media is good at creating news out of very little! Last month, when the bank of Canada decided to raise the rates for the first time in 7 years and signaled the possibility of another raise this fall, I received a fair amount of questions about how this would be impacting people's bottom line...see for yourself...much ado about nothing!
*** #'s are based on 2.2% going to 2.45%
.25% Increase with a 30 Year Amortization Mortgage
$100,000 + $12/month
$250,000 + $30/month
$500,000 + $60/month
$750,000 + $90/month
.25% Increase with a 25 Year Amortization Mortgage
$100,000 + $13/month
$250,000 + $32/month
$500,000 + $65/month
$750,000 + $98/month
.25% Increase with a Line of Credit
$100,000 + $21/month
$250,000 + $52/month
$500,000 + $104/month
$750,000 + $156/month
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