The stories of Ms. Smart, Mr. Bold and Mr. Crafty Bank of Montreal stirred quite a commotion a few weeks ago when announced the lowest 5-year mortgage rate so far – only 2.99%. It was below prime! O, my! I…
Monthly Archives: January 2012
Before buying your new home appliances
by Vasko DeLev • • 1 Comment
Smart high-end home appliances are coming by the end of this year As I mentioned here, Google is planning to inject some brain power into a new generation of home appliances. More intelligent fridges have already available in some markets.…
Mortgage rates stay at historic lows
by Vasko DeLev • • 1 Comment
No news is good news. The fact that Bank of Canada did not make any changes today to the prime lending rate is actually good news to home buyers and existing mortgage holders. With Prime staying at only 3.0% borrowing…
Are you buying a “box in the air”?
by Vasko DeLev • • 3 Comments
Condo fees = unpredictable expenses They are popular, actually – very popular. In some markets condos fly off the shelf very quickly. It looks like in big urban centers like Toronto, Vancouver, and Ottawa condos have been extremely popular during…
What happens when Mr. Google invades your home?
by Vasko DeLev • • 0 Comments
Not that we lack technology in our lives now, but a brave new world is coming within the next few years. It may resemble what we see now in sci-fi movies. Google has a big ambition and this time it…
Real estate market: The final tally
by Vasko DeLev • • 0 Comments
Currently in good health, but with murky outlook for the future The final tally for the health of the real estate in Canada is in. And the numbers indicate a very healthy market. For Ottawa, the average price of a…
2012: Where do we start from?
by Vasko DeLev • • 0 Comments
Aren’t we happy that 2011 is over? It was a mediocre year in many respects, but mainly from economic point of view. Here is what we are left with at the end of 2011: Your money Investments: considering the wild…