October 2011: Canada shows a sharp labour market decline
In October Canada's labour market saw the biggest decline in almost
three years. Overall decline was 54,000 full-time positions with Ontario
loosing most of them in manufacturing and construction sectors… Read more
Toronto Real Estate Board: 2011 to be 2nd best year on record in GTA
According to the latest report by Toronto Real Estate Board (TREB) we
have very strong month of October in the GTA. Average Price in GTA is
$478,137 which represents above average increase of 8% compared to
October of 2010... Read more
What is the mortgage pre-approval and do you need one?
Often mortgage borrowers decide to get a pre-approval securing them the
best mortgage they want. To make it clear, a pre-approval is a
preliminary discussion with a mortgage broker or a potential lender
concerning the maximum loan amount and the interest rate you may get.
When pre-approved, you have certain additional possibilities, for
example… Read more