In January 2023 the Bank of Canada raised it's benchmark interest rate again, this time to 4.50% Bank of Canada raises borrowing costs for seventh time in a row amid stubbornly high inflation. The Central bank has been raising rates aggressively to rein in sky-high inflation. Since March of 2022, the central bank has raised its key interest rate six consecutive times, bringing it from 0.25 per cent to 4.50 per cent. The Bank of Canada hiked its trendsetting interest rate by 1/2 percentage point on Wednesday. The current rate is 4.50% The Bank Prime rate for most lenders now stands at 6 ..read more

For more information please contact A. Mark Argentino A. Mark Argentino, Broker, P.Eng., Specializing in Residential & Investment Real Estate RE/MAX Realty Specialists Inc., Brokerage 2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1 BUS. 905-828-3434 FAX. 905-828-2829 E-MAIL: mark@mississauga4sale.com Website: Mississauga4Sale.com Mississauga Real Estate MLS Listings Homes for Sale Post Footer: RSS feed at: http://www.mississauga4sale.com/blog/rss.xml Atom feed: http://www.mississauga4sale.blogspot.com/atom.xml RSS Feed: http://www.mississauga4sale.blogspot.com/rss.x ..read more

The Bank of Canada raised its key interest rate by half a percentage point to 1.5% on Wednesday June 1, 2022 Bank Prime lending rates are now 3.7% It's the 3rd half-point hike this calendar year in an attempt to slow our soaring inflation.  See historical rates here This is a great article about the future of real estate in the GTA and how interest rates may be one of the factors that affect the real estate marketplace For more information please contact A. Mark Argentino A. Mark Argentino, Broker, P.Eng., Specializing in Residential & Investment Real Estate RE/MAX ..read more

Bank of Canada raises its key interest rate by half a percentage point to 1% on WEDNESDAY, APRIL 13, 2022 Bank Prime lending rates are now 3.2% It's the first half-point hike in more than two decades amid soaring inflation.  See historical rates here This is a great article about the future of real estate in the GTA and how interest rates may be one of the factors that affect the real estate marketplace, or read below: Toronto Real Estate forecast 2022, April 11, 2022  Wednesday, April 13⋅7:00 – 8:00am Toronto real estate forecast 2022 by Corben Grant on 11 Apr 2022 After a he ..read more

One of my interests is gasoline prices and how they fluctuate over time. I've had many inquiries about gasoline conversion and decided to produce a page that is an online gasoline calculator, see it here  Online Gasoline Converter Simple Online Gasoline Calculator - Price per Litre to Price per Gallon Converter You can use this page to convert the cost of gasoline from the current US Dollar (USD) per US Gallon to CAD Dollars per Litre and Canadian Gallon & Canadian Dollar (CAD) price in Cents per Litre to the price in CAD per US Gallon & and more Convert cost of Gasoline pric ..read more

The Bank of Canada increased the prime rate by 1/4% in March 2022 and now is 0.50% The Bank Prime rate for most lenders now stands at 2.70%   This is the first change in the prime rate since April of 2020 For more information please contact A. Mark Argentino A. Mark Argentino, Broker, P.Eng., Specializing in Residential & Investment Real Estate RE/MAX Realty Specialists Inc., Brokerage 2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1 BUS. 905-828-3434 FAX. 905-828-2829 E-MAIL: Info@mississauga4sale.com Website: Mississauga4Sale.com Mississauga Re ..read more

The Bank of Canada reduced the prime rate to 1/4% on March 27, 2020 - this is all in response to COVID-19 crisis in a effort to help with reducing interest payments paid by Canadians during this crisis. The Bank of Canada has reduced the bank rate twice in the past 30 days, both times by 0.5%. The current overnight rate is 0.25% As of April 16, 2020 the Bank Prime Rate (rate charged to average customer) was 2.45% The Bank of Canada Prime Rate is currently 0.25% and the current Prime Lending Rate is 2.45% The Bank prime rate is typically about 2% higher than the overnight rate, but for the ..read more

The Bank Prime rate charged by most lenders now stands at 3.95%  read more about Interest rates   The Bank of Canada Prime Lending Rate is the same as last month at 1.75% Rates continue to rise.  This may be the time to lock in to a 2 or 3 year rate if there are some great rate specials offered to you.  For more information please contact A. Mark Argentino A. Mark Argentino, Broker, P.Eng., Specializing in Residential & Investment Real Estate RE/MAX Realty Specialists Inc., Brokerage 2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1 BUS ..read more

Real Estate Prices UP and Sales Volume UP - Mississauga and GTA Real Estate Newsletter November 2018 - Issue 11:05 Once again, last month was another very strong month for sales and prices in the GTA. November 2018 News Greetings from Fabulous Mississauga! The average selling price last month was $807,340 (it was $796,786the previous month) and it was up about 3.5% compared to previous same month last year - see graph of prices here Greater Toronto Area REALTORS® reported 7,492 (it was 6,455 last month) residential sales through TREB’s MLS® System last month. This r ..read more

If you want to read about current and past history of gasoline prices in Mississauga and the GTA please use this link http://mississauga-gasoline-prices.mississauga4sale.com For more information please contact A. Mark Argentino A. Mark Argentino, Broker, P.Eng., Specializing in Residential & Investment Real Estate RE/MAX Realty Specialists Inc., Brokerage 2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1 BUS. 905-828-3434 FAX. 905-828-2829 E-MAIL: mark@mississauga4sale.com Website: Mississauga4Sale.com Mississauga Real Estate MLS Listings Homes for Sale Post Footer: RS ..read more