mortgage: First-time home buyers want affordability & safe streets-Diane Plant - 11/12/15 09:47 PM
First-time buyers are doing their homework and making responsible financial decisions entering Canada’s housing market. The typical first-time homebuyer is well-educated, employed, consulting with mortgage industry professionals and purchasing a home within financial reach.
These findings are from a study conducted earlier this year by Genworth Canada. More recently, the company invited customers to attend a session with David MacDonald of Environics Research Group to delve deeper into the results of the survey and discuss specific traits and behaviours of first-time homebuyers when it comes to making key decisions in the home buying process.
Overall, first-time buyers tend to have higher incomes than the general … (0 comments)

mortgage: Land Transfer Tax City of Toronto to Remain As Is-Diane Plant, Broker - 02/20/13 11:39 AM
This is a reply I received today, to an email I sent Budget Chief Councillor Di Georgio yesterday
"The next budget, for 2014, will be prepared in the fall and brought forward to City Council at the end of this year."
Unfortunately this will not help home sales for those who can't come up with the cash for the Land Transfer Tax but could have afforded the home.
 
 
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I proudly server buyers and sellers in the Toronto Neighbourhoods, specializing in North York. Selling in North York, Bathurst Manor, Wilson Heights, Cedarvale, North Toronto, Bedford Park, Forest Hill, Summit … (0 comments)

mortgage: Bank of Canada maintaining target overnite rate at 1%-Diane Plant ReMax Realtron - 03/01/11 10:21 AM
OTTAWA - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
The global economic recovery is proceeding broadly in line with the Bank's projection in its January Monetary Policy Report (MPR), although risks remain elevated.  U.S. activity is solidifying and remains supported by stimulative fiscal and monetary policies.  Ongoing challenges associated with sovereign and bank balance sheets will limit the pace of the European recovery and are a significant source of uncertainty to … (0 comments)

mortgage: Bank of Canada Hikes Key Interest Rate Today a Quarter Point. - 07/20/10 07:36 AM
Bank of Canada Hikes Key Interest Rate Today Quarter Point to three quarters of a  point.
The Bank of Canada hiked its key interest rate by a quarter point today, for the second month in a row.  In its statement the Bank noted that it "expects the economic recovery in Canada to be more gradual than it had projected in.... This revision reflects a slightly weaker profile for global economic growth and moremodest consumption growth in Canada." 
Most lending institutions are expected to respond to the Bank's rate hike by increasing their prime lending rates by a quarter point.  However, lenders … (1 comments)

mortgage: Bank of Canada leaves mortgage rates unchanged - 03/02/10 05:22 AM
The Bank of Canada announced today that it is leaving its key interest rateunchanged, and repeated its commitment to hold the rate steady until thesecond quarter of 2010, conditional upon inflation. 
 In its statement the Bank judges that the factors affecting its inflationoutlook are "roughly balanced" at this time.  "On the upside, the main risksare stronger-than-projected global and domestic demand.  On the downside,the main risks are a more protracted global recovery and persistent strengthof the Canadian dollar." 
The Bank also noted that "the economy grew at an annual rate of 5 per centin the fourth quarter of 2009, spurred by vigorous … (2 comments)

mortgage: Toronto Real Estate-Diane Plant-average sales 74% increase over 2009 - 02/23/10 08:08 AM
GTA REALTORS® REPORT MID-FEBRUARY RESALE HOUSING MARKET FIGURESTORONTO,
February 18, 2010
Greater Toronto REALTORS reported 3,555 sales through the Multiple Listing Service during the first two weeks of February. This represented a 74 per cent increase compared to the 2,044 sales recorded during the same period in 2009 when resale transactions had dipped due to the recession. The February mid-month sales total was also 7.7 per cent above the previous high set in 2006.
"Home ownership demand remains strong in the GTA, as households remain confident that economic recovery is at hand and that ownership housing will continue to be a … (1 comments)

mortgage: Tips for Paying Off Your Mortgage Faster in Canada - 02/01/10 08:13 AM
Tips for Paying Off Your Mortgage Faster
For many Canadian homeowners, paying off their mortgage as quickly as possible is a top priority.   Paying down extra principal in the early years by whatever means possible can shorten the life of your mortgage - and dramatically lower the interest you'll pay over the long haul.  Here are a few tips on how to make this happen:
 1. Increase your payment annually to the most you can afford. The upside is that most lenders will allow you to reduce it again to the previous level if it turns out to be too great … (2 comments)

mortgage: Mortgage Fraud -Protect Your Investment - 09/28/09 12:18 PM
Protect Your Investment Against Mortgage Fraud  Many homeowners are unaware of the dangers posed by identity thieves when itcomes to their real estate investment.  Unfortunately, real estate titlefraud is on the rise.  According to the Canadian Association of AccreditedMortgage Professionals (CAAMP), real estate industry insiders now peg theaverage case of real estate fraud at $300,000.  In comparison, the RCMPestimates the average credit card fraud case in Canada to be $1,200.  Protect yourself and your investment with these tips: 1. Check your credit reports
Equifax Canada and
Transunion financial and bank statements regularly for inconsistencies,
unknown charges and unauthorized credit inquiries.2. Don't give out … (4 comments)

mortgage: Bank of Canada Holds Key Rate Steady - 07/21/09 10:57 PM
Bank of Canada Holds Key Rate Steady 
The Bank of Canada announced this morning that it will leave its key interest rate unchanged.  The Bank also reiterated its commitment to hold its key rate at the current level until the end of the second quarter of 2010, conditional on the outlook for inflation.
  In its statement the Bank noted that in Canada, "stimulative monetary and fiscal policies, improved financial conditions, firmer commodity prices, and a rebound in business and consumer confidence are spurring domestic demand growth. However, the higher Canadian dollar, as well as ongoing restructuring in key industrial sectors, is … (0 comments)

 
Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate (Forest Hill Real Estate Inc, Brokerage) Rainmaker large

Diane Plant

Broker, TorontoHomeSearch: Forest Hill Real Estate

Toronto, ON

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Forest Hill Real Estate Inc, Brokerage

Address: 441 Spadian Rd, Toronto, ON, M5P 2W3

Office: (416) 488-2875

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I proudly server buyers and sellers in the Greater Toronto neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.


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