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Affordability rides mortgage rate roller coaster _ ousing affordability rode a mortgage rate roller coaster in the first half of the year, according to Canada Mortgage and Housing Corporation‘s (CMHC) Canadian Housing Markets report. "The roller coaster started in March when threeâ€"year rates soared from a record low of 6.5 per cent to 10.375 per cent by late June â€" one of the fastest increases since these rates were widely introduced in 1980," said Kirk Duerden, market anaâ€" lyst with CMHC‘s Market Analysis Centre. Since early March, affordability dropped as the percentage of renters who could buy an average priced starter home fell from 41.3 per cent to 26.6 per cent. "Despite the losses in affordability from the climb in rates, potential firstâ€"time buyers were still in a better position at the end of June than they were in 1990 when affordability was at a low point," Duerden explained. (See ‘Starter,‘ page 6) Feyq ts 4) PINNACLE REAL ESTATE Expect the best" 2274 Lakeshore Rd. W.Oakville, Ontario 847â€"3030 There is sutton group â€" people AN INDEPENDENT announcement MEMBER BROKER the of New Excitement at Countrywide Town Centre with There is New Excitement at Countrywide Town Centre with the announcement of _ HOME SWEET HOME Lovely 3â€"bedroom town homef in moveâ€"in condition Fridge.| stove, dishwasher, and all winâ€" dow coverings included. Fast closing possible. $136,800 e e > ‘ y kBAS_ AS %MQOOEQUNT tvyALt KQUTO § Anne Ribau Catherine Simmons WOW! 7.5% 2â€"YR. MTGE! skin, , 900. Quiet street in River Oaks a > V ill 42 low} scho%l arfea. 'l]-‘our bedrodogl, two with Sales Representative Sales Representative b§R§’°f’owé,u2?_'geu,c?f’, %fié’;‘{ . ensuites, family room and den on main i Bronte location. Steps to lake,] The staff and owners of Countrywide Town The staff and owners of Countrywide Town floor. Walkout basement to greenbelt. Olcflnme Really Inc. wel Anne Bbad to Contre Eealty Inc wel Catheri E%Oghlm%f. u _:% %cpr}‘r;.m ATTENTION RENTERS Four bedroom link with finished recreation room. Fenced and backing onto park, Mississauga where she graduated as an in the Real Estate field for the past ten years upgraded and well maintaingc[ plus gfipli- Honor Student in 1987. and brings to our company a wealth of ances. Ideal Northeast location. Asking She has background in Property previous experience. T e Cust:ormarServlférc.?1 hnd and askv:iefi her s fife%so:nd it her customers, fri Please Call Me To View in We wekome an intances to feel free to call with their that her Menals and l Estatgneedsat(905)338r6550.0ut e _ s ERNIE NICHOLLS her at 1905) 338â€"6550. Oul o fown fiends Cl oo 0N o i io hite L800 LIGHT, BRIGHT, ELEGANT! | Sales Representative can call Toll Free 1â€"800â€"480â€"2982. Beautifully cfigomted home! P Co Countrywide Town Centre Realty Inc. Quality shows! Approx. 3,160 sq. 3 untrywide Town Centre Realty Inc fi., huge master, main floor| Direct Pager : 280 North Service Road West 280 North Service Road West 2 d b i. o wof 416) 329â€"5417 ; Ontario 16M 2s Ontario 16M 252 . 5: dent Pnling" t 298 ( Business: 338â€"63550 Business: 338â€"6550 yard. BETTY PHILLIPS® 847â€"3030 PAGER Fax: 338â€"7482 RAVINE LOT o g1 69,900. Attractive 3 BR bungalow * 2 baths, double garage * Nicely finished basement * Walk to schools and park Call MONIKA BL 842â€"7000 Are You Se]]in% Your Home? Monika Blewelit Anne was born, raised and educated in Catherine has had a successful career Fax: 338â€"7482 support the Childrens Miracle Network §1 650./month. Absolutely immaculate! * Spacious 3 bedroom plus den * Open concept kitchen/family room e Available Oct. 30. References please. Call MONIKA BLEWETT Monika Blewett Not intended to solicit properties already listed for sale. MONIKA BLEWETT Associate Broker REM MARILYN WYKES®* 847â€"3030 or 844â€"9859 ajoam,te REALTY CORP. p66L ‘p} ‘Aepsaqupam ‘1eneag ay1 jeoH â€" §