Dipak  Zinzuwadia

Dipak Zinzuwadia

Sales Representative

RE/MAX CROSSROADS REALTY INC. Brokerage*

Mobile:
647-467-3629
Office:
905-305-0505
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Dipak Zinzuwadia's blog

TREB Update Feb,2020

Additional Costs When Buying a Home

The purchase price of your home is only one of the costs you'll encounter. Here are other possible costs you need to consider:

  • Mortgage loan insurance: 

Bank of Canada lowers overnight rate target to 1 ¼ percent

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent.

While Canada’s economy has been operating close to potential with inflation on target, the COVID-19 virus is a material negative shock to the Canadian and global outlooks, and monetary and fiscal authorities are responding.

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Jan 2020, TREB update

2020 Resale prices and sales volume both increases

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