Mortgage Rates 8 July 2023

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 …

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 …