The latest news/blogs about Real Estate and Mortgage in Toronto Canada
Aurora is another city which is very much liked by Iranian Community (after Richmond Hill).
Traveling from Aurora to the heart of the city of Toronto will take almost 38 mins drive using HWY, 52 mins using train, 49 mins if you use the bus. There is other alternatives to get to the downtown Toronto in rush hours which is small planes which lands and the very south of Toronto harbour front.
Aurora is served by schools from three publicly funded school boards: the York Region District School Board (English), the York Catholic District School Board (English Catholic), and Conseil scolaire de district catholique Centre-Sud (French-language Catholic).
The South east part of Aurora is subject to the Ontario Government Greenbelt which adds to the beauty of the town, beautiful protected nature provides a wonderful environment for the residents. The beautiful nature, parks and small lakes all over this city made Aurora one of the most beautiful city around GTA.
50km2 town has more than 46 parks with entertainment facilities, 57km Natural Trails which all maintained by the city on regular basis.
There are 2 public transportation systems service in Aurora, Go transit (Bus & Train), YRT (Bus).
Town of Aurora has a big potential to grow economically, so if you are looking to buy a property here, it might be a good idea as an investment or just to reside in this beautiful quite city.
Town of Aurora has lots of fun activities, educational programs and entertainment facilities to provide a healthy and fun environment for the people living in this beautiful town. If you are thinking about living in the Town of Aurora or already live in this beautiful city the following links would be very useful for you:
Richmond Hill is a beautiful quiet city with wide collection of activities, events and facilities which helps you to enjoy your free time.
Swimming, Skating are just a few things you can do in this city. Nice and safe activities for your kids like Sports Fields, Splash Pads for summer times, Tennis courts and beautiful Parks, Wonderful natural trails if you feel like hiking.
Richmond Hill Community Centers' perfectly managed lots of fun and education programs for free or a for a fraction of the cost for local residents.
Richmond Hill is one of the safest cities around Toronto which makes it a great home for families.
Richmond Hill is bounded by Bathurst Street from west, HWY 404 from east, HWY 7 from south and Bloomington Rd from north.
Richmond Hill is one of the cities which very much liked by Iranian people.
Because of the growing population most of the streets are expanding to multiple lanes to avoid traffic congestion.
If you already live in Richmond Hill or thinking about it the following links might help you:
Mortgage Rate Forecast 2020
Estimating the bank rate forecast won't be anything but a good educated guess. Doesn't matter how well educated or well-researched the economists are they can not come up with a perfect prediction about the banks rates for the future. Experience and knowledge combine might give a good idea about how bank interest rate might be in close future but not exact. That's why here we are inviting mortgage / Loan experts to share their view about the future of the bank rate.
Here in Iranian real Estate we will just offer you some facts about this matter. At the beginning of 2019 there was a prediction that the Bank rates will rise because of the improvement in Canadian economy but it's most likely the opposite. the Canadian Prime Rate hikes being on hold because of the unpredictable future and some experts think it might even drop a little more. Some major banks (like TD Canada Trust, CIBC and BMO) believe that the rate will drop by the end of 2019 and through 2020 but others like National Bank or Desjardins predicting unchanged prime rate till 2021. What is Bank Rate: The Bank Rate is the rate that each bank can borrow money from the Bank of Canada and that's what controls the Mortgage Rates, if the Bank Rate goes up the mortgage rates and variable rates will go up, so everything is based on the Canadian economy. If country facing recession then the Bank Rates will go down so as the Mortgage rates and …, if we will have a good economy then the Bank Rate will rise.
Are we facing recession in Canada in 2020?
Christian Lawrence (senior market strategist at Rabobank) believes that the Canadian economy will face recession in the second half of 2020. There's another look, Rachael Moir thinks In spite the fact that the global economy is at risk of a recession Canada might stay immune read more.
The recession and Canadian Bank Rates are very much depending on the global economy specially U.S. economy. U.S. election in 2020 plays a big role in Canadian economy. Since U.S. is Canada's biggest neighbor and there are big trade deals between the 2 country so the next president of the United State will play a big role on this