The Property Stop

According to the Canada Mortgage and Housing Corporation (CMHC), the conventional five-year mortgage lending rate was 5.35 per cent in December 2024, down from 6.39 per cent in December 2023.

The five-year mortgage rate follows the benchmark five- and ten-year government bond yields, which are trading at around 2.65 and 2.97 per cent.

As investors start baking more interest rate cuts into the cake, bond yields will fall—and so, too, will mortgage rates. Whether this will stimulate demand and raise home prices remains to be seen. The economic environment will undoubtedly experience many variables in the coming months.

Beyond personal enjoyment, well-chosen upgrades can attract higher offers when it comes time to sell. In a competitive market, you’ll want your property to stand out among a sea of listings, which is where condo upgrades can play a big role.🏢✔️

Queensville Homes is an exciting new residential development currently under construction, located at 19841 Leslie Street in the growing community of East Gwillimbury. This thoughtfully planned neighbourhood offers a variety of spacious suites, ranging in size from 1,850 to 3,499 square feet, designed to suit diverse lifestyle needs.

✅Deposit Structure
$25,000.00 On Signing
$25,000.00 - 60 days
$25,000.00 - 90 days
$25,000.00 - 120 days

Contact Info:
📱 416-768-9343
✉️ [email protected]

10 Reasons Why Agents Matter in Canada! 🏠

•Local Market Expertise
•Accurate Pricing Advice
•Expert Negotiation Skills
•Repair and Maintenance Support
•Time-Saving and Stress-Free Process
•Strategic Sale Preparation
•Exclusive Listings Access
•Smooth Closing Assistance
•Paperwork Expertise
•Ethical Guidance