September News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the September issue of the News & Rate Advisor. Current Discount Mortgage Rates Sep 2015 Variable Rate 2.20% 1 Year 2.29% 2 Year 2.19% 3 Year 2.34% 4 Year 2.54% 5 Year 2.67% 7 Year 3.39% 10 Year 3.84% Prime Rate 2.70% * Rates subject to change and OAC. Canadian Qualifying Rate Sep 2015 Rate No rate defined for this month Source: Bank of Canada Current Posted Mortgage Rates Sep 2015 Sep 2014 Sep 2013 1 Year 0.00% 3.14% 3.14% 3 Year 0.00% 3.75% 3.95% 5 Year 0.00% 4.79% 5.34% Source: Bank of Canada Nationwide Building Permits Jul 2015 Jul 2014 Jul 2013 Residential $0 $4,933,591,000 $4,135,192,000 Commercial $0 $4,212,465,000 $3,857,984,000 Total $0 $9,146,056,000 $7,993,176,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Sep 2015 Sep 2014 Sep 2013 Bank Rate 0.75% 1.25% 1.25% Prime Rate 2.70% 3.00% 3.00% Source: Bank of Canada Average House Prices by City Jul 2015 Jul 2014 Jul 2013 Yellowknife $398,889 $393,815 $472,467 Vancouver $866,772 $805,061 $757,338 Victoria $519,379 $496,282 $482,908 Edmonton $372,910 $362,091 $345,335 Calgary $459,958 $460,790 $438,192 Saskatoon $350,246 $350,699 $323,441 Regina $309,696 $327,104 $311,759 Toronto $609,236 $550,700 $513,246 Hamilton-Burlington $434,730 $412,694 $383,240 Ottawa-Carleton $369,718 $358,600 $362,346 Quebec City $276,561 $274,862 $265,785 Montreal $341,594 $338,988 $329,339 Fredericton $178,479 $167,455 $178,883 Saint John $178,089 $182,918 $169,592 Halifax-Dartmouth $287,288 $287,288 $275,046 Winnipeg $281,684 $268,817 $262,727 Source: CREA - Most Recent Month Reported Average House Prices by Province Jul 2015 Jul 2014 Jul 2013 National $437,699 $401,585 $382,373 Yukon $351,916 $278,518 $311,481 Northwest Territories $398,889 $393,815 $472,467 British Columbia $608,294 $548,162 $534,360 Alberta $394,977 $395,552 $379,696 Saskatchewan $305,431 $304,816 $285,147 Manitoba $273,164 $264,171 $253,714 Ontario $454,098 $416,938 $393,984 Quebec $278,760 $276,194 $272,033 New Brunswick $168,412 $164,146 $159,502 Prince Edward Island $171,140 $153,964 $169,864 Nova Scotia $217,236 $224,287 $215,094 Newfoundland $275,072 $294,815 $288,517 Source: CREA - Most Recent Month Reported

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July News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the July issue of the News & Rate Advisor. Current Discount Mortgage Rates Jul 2015 Variable Rate 2.20% 1 Year 2.29% 2 Year 2.19% 3 Year 2.34% 4 Year 2.54% 5 Year 2.69% 7 Year 3.39% 10 Year 3.84% Prime Rate 2.85% * Rates subject to change and OAC. Canadian Qualifying Rate Jul 2015 Rate No rate defined for this month Source: Bank of Canada Current Posted Mortgage Rates Jul 2015 Jul 2014 Jul 2013 1 Year n/a 3.14% 3.14% 3 Year n/a 3.75% 3.75% 5 Year n/a 4.79% 5.14% Source: Bank of Canada Nationwide Building Permits May 2015 May 2014 May 2013 Residential $0 $4,172,131,000 $4,554,913,000 Commercial $0 $2,871,096,000 $2,856,371,000 Total $0 $7,043,227,000 $7,411,284,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Jul 2014 Jul 2013 Bank Rate 1.25% 1.25% % Prime Rate 3.00% 3.00% % Source: Bank of Canada Average House Prices by City May 2015 May 2014 May 2013 Yellowknife $374,363 $462,143 $373,454 Vancouver $905,701 $814,418 $772,569 Victoria $527,770 $496,378 $477,281 Edmonton $381,111 $371,871 $350,921 Calgary $465,941 $465,579 $440,675 Saskatoon $345,907 $338,195 $341,737 Regina $320,393 $317,662 $322,029 Toronto $649,599 $585,204 $542,174 Hamilton-Burlington $447,019 $406,007 $416,664 Ottawa-Carleton $386,331 $383,168 $370,591 Quebec City $268,534 $270,824 $273,389 Montreal $338,685 $335,937 $331,594 Fredericton $179,674 $196,656 $200,245 Saint John $169,400 $183,755 $182,829 Halifax-Dartmouth $293,734 $290,587 $285,583 Winnipeg $287,587 $287,026 $274,437 Source: CREA - Most Recent Month Reported Average House Prices by Province May 2015 May 2014 May 2013 National $450,886 $416,584 $388,910 Yukon $333,136 $314,974 $344,053 Northwest Territories $374,363 $462,143 $373,454 British Columbia $632,182 $565,233 $534,013 Alberta $405,105 $405,294 $385,702 Saskatchewan $304,356 $301,409 $294,414 Manitoba $279,729 $279,668 $267,662 Ontario $483,766 $447,682 $418,430 Quebec $276,937 $276,919 $277,225 New Brunswick $164,736 $178,609 $173,256 Prince Edward Island $167,391 $177,533 $166,994 Nova Scotia $244,608 $215,298 $229,646 Newfoundland $278,263 $295,199 $274,342 Source: CREA - Most Recent Month Reported

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May News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the May issue of the News & Rate Advisor. Current Discount Mortgage Rates May 2015 Variable Rate 2.30% 1 Year 2.79% 2 Year 2.39% 3 Year 2.54% 4 Year 2.64% 5 Year 2.79% 7 Year 3.79% 10 Year 3.84% Prime Rate 2.85% * Rates subject to change and OAC. Canadian Qualifying Rate May 2015 Rate 4.64% Source: Bank of Canada Current Posted Mortgage Rates May 2015 May 2014 May 2013 1 Year 2.89% 3.14% 3.00% 3 Year 3.39% 3.75% 3.55% 5 Year 4.64% 4.79% 5.14% Source: Bank of Canada Nationwide Building Permits Mar 2015 Mar 2014 Mar 2013 Residential $4,418,463,000 $3,672,691,000 $3,597,733,000 Commercial $2,448,640,000 $2,300,869,000 $2,700,725,000 Total $6,867,103,000 $5,973,560,000 $6,298,458,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates May 2015 May 2014 May 2013 Bank Rate 1.00% 1.25% 1.25% Prime Rate 2.85% 3.00% 3.00% Source: Bank of Canada Average House Prices by City Mar 2015 Mar 2014 Mar 2013 Yellowknife $377,244 $328,945 $417,875 Vancouver $891,652 $801,543 $759,340 Victoria $508,807 $493,323 $474,937 Edmonton $373,005 $361,870 $350,723 Calgary $457,422 $462,994 $441,424 Saskatoon $337,982 $344,600 $331,249 Regina $300,148 $328,781 $314,353 Toronto $613,933 $557,684 $519,879 Hamilton-Burlington $443,706 $410,553 $388,147 Ottawa-Carleton $362,918 $359,286 $359,321 Quebec City $262,214 $252,400 $266,897 Montreal $331,216 $320,558 $326,259 Fredericton $175,632 $175,007 $182,540 Saint John $301,769 $169,978 $164,182 Halifax-Dartmouth $277,377 $268,333 $282,048 Winnipeg $281,269 $278,527 $271,198 Source: CREA - Most Recent Month Reported Average House Prices by Province Mar 2015 Mar 2014 Mar 2013 National $439,144 $401,419 $378,532 Yukon $307,800 $328,954 $331,520 Northwest Territories $377,244 $328,945 $417,875 British Columbia $641,799 $562,316 $540,662 Alberta $398,856 $402,933 $386,330 Saskatchewan $292,847 $304,428 $291,094 Manitoba $272,344 $269,865 $257,657 Ontario $466,404 $435,046 $405,780 Quebec $270,245 $264,197 $272,531 New Brunswick $150,807 $156,795 $163,566 Prince Edward Island $165,693 $174,311 $151,243 Nova Scotia $226,613 $213,336 $222,688 Newfoundland $273,645 $288,865 $281,210 Source: CREA - Most Recent Month Reported

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April News and Rate Advisor

Courtesy of  Phil Romano, CPMB 905-516-1150 Certified Professional Mortgage Broker #M10002221 Verico House of Mortgage Experts philromano@vhme.ca www.philrom.com

Welcome to the April issue of the News & Rate Advisor. Current Discount Mortgage Rates Apr 2015 Variable Rate 2.30% 1 Year 2.79% 2 Year 2.39% 3 Year 2.54% 4 Year 2.64% 5 Year 2.79% 7 Year 3.79% 10 Year 3.84% Prime Rate 2.85% * Rates subject to change and OAC. Canadian Qualifying Rate Apr 2015 Rate 4.64% Source: Bank of Canada Current Posted Mortgage Rates Apr 2015 Apr 2014 Apr 2013 1 Year 2.89% 3.14% 3.00% 3 Year 3.39% 3.75% 3.55% 5 Year 4.64% 4.79% 5.14% Source: Bank of Canada Nationwide Building Permits Feb 2015 Feb 2014 Feb 2013 Residential $4,116,277,000 $3,674,001,000 $3,548,005,000 Commercial $1,998,335,000 $2,498,291,000 $2,391,893,000 Total $6,114,612,000 $6,172,292,000 $5,939,898,000 Source: Stats Canada - preliminary figures Current Bank of Canada Rate & Prime Rates Apr 2015 Apr 2014 Apr 2013 Bank Rate 1.00% 1.25% 1.25% Prime Rate 2.85% 3.00% 3.00% Source: Bank of Canada Average House Prices by City Feb 2015 Feb 2014 Feb 2013 Yellowknife $296,200 $447,080 $301,980 Vancouver $879,069 $846,978 $760,976 Victoria $490,377 $483,720 $463,265 Edmonton $362,432 $359,973 $334,347 Calgary $443,744 $460,338 $438,755 Saskatoon $354,400 $335,562 $313,781 Regina $303,355 $300,667 $310,551 Toronto $596,163 $553,193 $510,580 Hamilton-Burlington $437,386 $398,239 $375,381 Ottawa-Carleton $359,759 $354,619 $348,386 Quebec City $255,698 $263,239 $267,826 Montreal $328,862 $320,993 $325,261 Fredericton $180,394 $181,612 $166,687 Saint John $171,269 $162,556 $171,191 Halifax-Dartmouth $280,035 $282,285 $259,606 Winnipeg $266,837 $264,636 $270,463 Source: CREA - Most Recent Month Reported Average House Prices by Province Feb 2015 Feb 2014 Feb 2013 National $431,812 $406,372 $368,895 Yukon $300,846 $331,352 $327,725 Northwest Territories $296,200 $447,080 $301,980 British Columbia $639,405 $611,688 $529,922 Alberta $385,804 $407,540 $378,685 Saskatchewan $298,574 $293,192 $280,915 Manitoba $262,441 $257,016 $259,397 Ontario $453,646 $423,691 $392,962 Quebec $267,054 $263,661 $271,912 New Brunswick $169,840 $159,201 $156,119 Prince Edward Island $164,774 $164,176 $157,361 Nova Scotia $217,881 $218,261 $211,772 Newfoundland $282,350 $308,851 $295,588 Source: CREA - Most Recent Month Reported

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