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Oakville Beaver, 6 Jul 1994, p. 34

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Quiet crscg;k locati(}?P indWhite l?aks.lU ?tfi_d 4 l:ltlirrm 4; 2+24pw- l;aflrsl;nr:-::: floor family room u ded. as eck, all appl. Act Now! with fireplace, 4 appls.. iate possession. RICHARD WlflfilA‘* 538-3?37 RICHAlgD wguiu’”g_yy e en ROYAL LePAGE e id 1 _IIIllllllllllllllllllllll esd old 251 North Service Road West, Oakville Estate Services Lid., +Sales Representative . **Associale Broker . of Oakville Toronto District Real Estate Boards AIM HIGHER... Call one of our Sales Representative before you list! %E“MWEM' 33353737 Super sharp Greenpark waiting for a new family. Quiet court and private !(.).L_!JPgated brd_l'm, C/A, Close to schools. Call on this. __ RICHARD WEIMA** 338â€"3737 $219,900. Desirable River Oaks, Greenpark qualiâ€" ty, fenced lot, deck, near ravine and park and schools, 3 bedroom, 2 1/2 baths, central air. The owners are transferred and want to move in August. LIZ HARLEY* 338â€"3737. $349,900. Not a houseboat, but a distinctive charmer in Old Oakville. Backing onto Sixteen Mile Creck this home has one of the nicest backâ€" yards possible, would suit a professional couple who wants the convenience of walking to the GO Train and the room to entertain. Well priced and ready to move in. Call for appointment. LIZ HARLEY* 338â€"3737. Rovat LePace Reat Estare Services Lp., Broxer 251 N. Service Ro. West Oakmiuue, Ontario #1 in Royal LePage Oakville for past 4 years Saues Representanve $484,000. 4 bedroom, fully renovated home on .42 acre backing onto Morrison Creck. This showpiece of a home has hardwood flooring, 3 fireplaces, gorgeous kitchen/family room combo and lots more. Even a pool! Homes in this condition on such large lots are hard to find. Hurry! LIZ HARLEY* 338â€"3737. deck window coverings. all appliances and more. $474,000. Updated 2â€"storey home with unobâ€" structed view of the lake in prestigious area. Main floor family room, 3 full bathrooms, hardwood flooring, 2 fireplaces, inground heated pool, large lot. Call for appointment to view. LIZ HARLEY* 338â€"3737. 6 $174,500. End unit freehold on desirable Margot Street. Charming home with wooden shutters, livâ€" ing room fireplace, large kitchen, separate dining room. This is like living in a detached home withâ€" out paying the price! Just listed. LIZ HARLEY* 338â€"3737. RARELY FOUND DELIGHT TO OWN "The first quarter activity supports our overall projection of 8 to 9 per cent mortgage credit growth this year," stated Marc Pellerin, CMHC‘s capital markets economist. "While the first quarter growth reflects a stronger resale market and higher average prices, the pace of mortgage credit growth remains modâ€" est." While lending activity accelerated during the first quarter, secondary market activity slowed. New issues of NHA mortgageâ€"backed securities (MBS) totalled 73 pools valued at $720.5 million. By comparison, 98 pools totalling $1,571.3 million were issued during D , esidential mortgage credit increased « by almost two per cent in the first ~quarter of the year compared to 1.2 per cent in the fourth quarter 1993, reports the latest edition of Mortgage Market Trends, released recently by Canada Mortgage and Housing Corporation. Mortgage credit rises Outstanding Mattamy, 5 bedrooms, Amazing value. Ceramic floors, great floor loaded with upgrades. Must be seen. .plan, large kitchen open to family room. Many upgrades, 4 bedrooms, main floor 2100 s.f. Luxury freehold townhouse, large family and laundry room, solarium off the kitchen with island, 2 1/2 baths, walkâ€"out kitchen, finished basement. with rec. from family room, dramatic decor and room, sauna and 3â€"pc. bath. Private lot. _ floor plan. 1,800 s.f., townhouse, 2 1/2 baths, large kitchen and family room, tasteful decor and immaculate condition. An awardâ€"winning husband and wife team, consistently multiâ€"million dollar producers at your service â€" _ 48 Hours A Day Very Competitive Commission Plan Res. 827â€"6286 or 24â€"Hour Pager 329â€"5019 Sales Representative the last quarter of 1993. The decline in activity was mainly in the single residential unit pools, (more home buyers selecting less expensive shorter terms rather than fiveâ€"year mortgages) during the first two months of the year. The pace of new MBS issues is expected to pick up during the second quarter. Generally, refinancing a mortgage loan is believed to be profitable when mortgage rates drop by at least 2.5 percentage points. However, the difference may in fact not need to be this high. Under certain circumstances, fiveâ€"year mortgage rates must decrease by at least 1.5 points by the third anniversary of a loan for it to be worthwhile to refinance a $100,000 NHAâ€"insured mortgage. A number of factors such as the initial mortgage rate, administrative expenses and the amortization period, impact the determination of when it is most profitable to refinance a mortgage loan. SOLD through MLS Sales Representative 1217 Bridliewood 1233 Richards River Oaks Blvd. West Tinsmith 1089 Glenbrook 290 Foxbar Grosvenor Glenashton

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