1399 Cocagne Sud, Notre Dame, NB is sold!

The house at 1399 Cocagne Sud, Notre Dame, NB is sold! Congratulations to the happy buyer!!

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More information about the property see on the dedicated page.

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New listing! Take a look at 1399 Cocagne Sud, Notre Dame, NB

Welcome to 1399 Cocagne Sud. 4 bedroom bungalow with a FANTASTIC view of the Cocagne River. Sunken living room with wood stove, large eat-in kitchen. Large family room and enclosed porch. Sold “as is, where is”. All measurements are approximate. Please call to book your showing.

For details see the page 1399 Cocagne Sud, Notre Dame, NB

Welcome to 28 Ruth St., here is a house for sale in Moncton, NB

Are you tired of shoveling snow, garage, paved driveway, wood stove and a brand new 10HP snowblower?

Welcome to 28 Ruth St, this bungalow is walking distance to University of Moncton and a perfect home for students or first time home buyers. The property is a large lot at the end of a quite street, a fabulous location. This two bedroom, one bathroom home has had many upgrades; insulation upgrade, new paint and new flooring, new 200 Amp electrical upgrade, new efficient baseboard upgrade, new stairs to basement, and new light fixtures. All appliances stay. Single car garage, downstairs has a wood stove which will heat the house, and a coldroom for storage. There is a possibility of a 3rd bedroom in the basement.

More information about and photos of the property see on this page.

Call me: Franklin Springle +1 (506) 875-3306

Open house at 45 Soleil Rd. Grand Barachois

Please join me for an open house on Sunday November 29th frpm 2 to 4PM. 45 Soleil Rd. Grand Barachois!

Welcome to your piece of paradise in Grand Barachois. 1.1 acres on the Aboujagane river. This 1008 sq. ft. two bedroom, one bathroom bungalow has a lot to offer. Detached garage, heated workshop, room for an RV and of course river frontage. As you enter the side door you are welcomed by the kitchen and living room, the kitchen has solid oak cabinets with lots of storage. The two bedrooms are a nice size, plus a full laundry room which includes washer and dryer. Off the livingroom is a long deck where you get to sit relax and enjoy the view of the river. Electric heat and heated floors to keepyour feet warm in the colder months. $209,900.

More information and details about the property is here

RBC Lowers Mortgage Rates, Setting Stage For Another Rate War

In the days after the Bank of Canada surprised everybody with a cut to the key lending rate last week, everyone was wondering whether mortgage rates would follow. Some said yes, some said no.

Well, it looks like a yes. The Royal Bank of Canada has dropped its rate for a five-year, fixed-rate mortgage to 2.84 per cent, from 2.94 per cent, according to Bloomberg. The bank also cut its three-, seven- and ten-year fixed rates as well, Canadian Mortgage Trends reports.

It could mean the start of a new mortgage rate war. RBC dropped its rates last January as well, and sure enough, other banks followed.

Rates on some mortgages could break through an important psychological barrier, and fall through the 2-per-cent mark, some analysts forecast.

RBC’s official posted rate is 4.84 per cent, but most banks are offering borrowers rates well below their posted ones. A five-year- fixed-rate mortgage at Scotiabank is going for 3.19 per cent, while BMO and TD Bank are offering 3.29 per cent, according to RateHub.

But Rob McLister of Canadian Mortgage Trends told the Financial Post some lenders are already offering variable-rate mortgages for as little as 2.05 per cent, and rates could climb down below 2 per cent.

Analysts expect the housing market to come under pressure this year, thanks to falling oil prices and record-high household debt levels.

TD Bank on Monday predicted that eight of 10 provinces would see falling house prices this year, with only Ontario and B.C. escaping a price decline.

But lower mortgage rates could mitigate that effect.

“A decline in mortgage rates will probably create a little bit of extra stimulus,” Altus Group economist Peter Norman told the Post.

The source: RBC Lowers Mortgage Rates, Setting Stage For Another Rate War by Daniel Tencer | The Huffington Post Canada