Tomasz  Witek

Tomasz Witek

Salesperson

eXp Realty of Canada, Inc., Brokerage *

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At The Latest Meeting in January 2018 Bank of Canada Increased Your Variable Mortgages

Bad News For Homeowners Again!

At the latest meeting on January 17, 2018, Bank of Canada increased its trend-setting overnight lending rate by a quarter point (increase of 0.25%) to 1.25%.

The 0.25% increase, in simple terms means that for every $100,000 of your mortgage, if you have a variable mortgage, you will pay $250 per year in additional interest.

This is of course bad news for fixed mortgages as well, since the 5 year-fixed mortgages (all terms really) tend to increase in line with the Bank of Canada overnight lending rate increases.

2017 Real Estate Ontario Market Update: Are Ottawa sellers expecting the real estate market to go down in 2018?

Transcript: The wording has been a bit modified to create a better reading experience for people visiting https://www.JustSellingHomes.ca

Ottawa Real Estate 3D Showcase Photography At Its Best With Special Guest Travis Gobeil Ottawa Photographer!


 

Transcript: The wording has been a bit modified to create a better reading experience for people visiting https://www.JustSellingHomes.ca

www.JustSellingHomes.ca - Whats My Home Worth In Ottawa Real Estate Market - Ottawa Neighbourhoods

Hello Ottawa Sellers and Ottawa Buyers!

My Name Is Tomasz Witek (Tom VTEC) .

I Appreciate You Visiting https:///www.JustSellingHomes.ca - We Are Selling Homes In A Neigbourhood Near You! We are selling homes in all Ottawa neighbourhoods.

Please Feel Free To Explore https:///www.JustSellingHomes.ca You Can Find Many Valuable Real Estate Resources Here.

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Tomasz Witek (VTEC), Ottawa Real Estate Salesperson and a founder of Selling Homes In Ottawa website dedicated to provide seller and buyer real estate tips, current Ottawa listings and informationa

Selling Homes In A Neighbourhood Near You!™

YOUR OTTAWA REAL ESTATE SOURCE OF INFORMATION


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