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Georgetown Herald (Georgetown, ON), August 7, 1987, p. 11

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Real Estate Outlook Value of land outside urban centres rises PICKET FENCE TIPS A TO MARK SAVING lOrt- PAINT AND BEFORE UNDERCOAT WILL FENCE LIFE fence in sections oh ground- easier I Royal City is 10th largest lull buildings n mil i I firm- IUI in Will prune r juris huh fmin In Ml lull ted itul 111 sunn im l ton king Lit ling I hi- luvkri Properties in- Dun mil Hit Mills Oct 7t 20 OFF ALL STOCK Books New Old Stationery Tapes ID 8 DAYS ONLY Sale Ends August 1 5th OXBOW BOOKS St Downtown Georgetown Mortgage activity stable Mortgage market has stabilized nd now is lo levels achieved this time List year reports tin Royal Canadian Mortgage Market Bulletin Trie market has returned lo a more balanced state an extended period of excep tionally strong activity in a number of Canadian centers particularly Greater Metropolitan Toronto said President Royal Residential Heal Estate Data Generated from placements with he I Pre Approved Mortgage shows that majority of clients seeking new mor are opting for five year terms The majority those renewing mortgages choosing terms of one year or less This pattern is typical Clients seeking new mortgages often are more highly leveraged and seeking financial security offered by longer terms while mortgage renew may enjoy greater financial security be willing to accept short term fluctuations in rates said Mortgage rates hpve remained Stable during the past month follow slight increases In May Most major lenders are offering five year terms ll per cent and one year terms at per cent In the commercial mortgage market the continuation of accep table rates has kept demand steady in the majority of Canadian centers notes William Anderson Royal Lepages commercial mortgage spokesman As is traditionally the case de mand for commercial mortgages has cosed with the onset of summer Nevertheless mortgage lending generally is healthy speclal ly within Ontario and Quebec said Anderson The Canadian Mortgage Market Bulletin in based on Information from Royal Lepages residential and commercial real estate managers across the country who are in daily contact with- Ihc money market fL jwd SUBURBAN REALTY INC REALTOR MIKE ADAMS GueJph SI Bus 5211 Res Car Phone 1 ARE YOU LOOKING FOR A VACANT LOT ONE ACRE EDGE OF GEORGETOWN READY TO BUILD CALL MIKE TODAY SUPER BUNGALOW Great lot backing onto creek area homes Mature fruit exclusive parklike setting To show is lo sell Ihis beautiful homo NEW LISTING HOUSES NEEDED Call Mike for a personal and free evaluation of your home Not intended to solicit homes alraady listed MIKE ADAMS SALES REPRESENTATIVE Prestigious street 3 bedroom brick aluminum nestled on a ravine lot Very private 3 bathrooms double car garage mini con To show Ihis homo Is a pleasure 7247

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