Current Mortgage Rates are: “A” Lending: Fixed 5.19%* for insured Fixed 5.89% for conventionalVariable 6.05% for insured Variable 6.70% for uninsured Rental 6.14% fixed …
Toronto and GTA Markets in June 2023
GTA REALTORS® Release June 2023 Stats “July 6, 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. …
Commercial Indicators – 7 July 2023
Commercial Bond Yields CMB5 Year – 4.24%CANHOU 06/15/28[+0.03] 10 Year – 4.01%CANHOU 06/15/33[+0.03] * denotes interpolated rateGoC5 Year – 3.96%CAN 03/01/28[+0.03] 10 Year – 3.53%CAN 06/01/33[+0.03] 15 Year – 3.51%*Est. 12/01/38[+0.04] 20 Year …
Replacing the Topsoil and Sod
There are many time when a specialized clause is required for certain circumstances. Here’s one drafted by Fabio Ferri which perfectly suits the issues addressed: “We sometimes find ourselves in …
An Emoji Can be a Signature
Basically, we are now back to the days of hieroglyphics when documents would be etched in stone or cave man days when a picture on the wall would tell a …
Power of Attorney for Assets: Risks
A general power of attorney (POA) for assets in Ontario grants someone (referred to as the “attorney” or “agent”) the authority to make decisions and manage your financial and property …
Power of Attorney for Assets
In Ontario, a Power of Attorney for Assets is a legal document that allows an individual, referred to as the “grantor” or “donor,” to appoint someone else, known as the …
Personal Power of Attorney and the Risks
While a power of attorney for personal care can be a useful and important tool for ensuring your wishes are respected, there are some risks associated with granting someone else …
Power of Attorney for Personal Care (2)
In Ontario, a power of attorney for personal care is a legal document that allows you (the “grantor” or “donor”) to appoint someone else (the “attorney” or “decision-maker”) to make …
OREA Loses its Identity
Is there any real reason for OREA to exist? No, not really! OREA was in the education business but it was fired by RECO a number of years ago and …