Sentences with phrase «cent down on»

The new mortgage rules, announced last December by Finance Minister Bill Morneau, dictate that buyers must put down 10 per cent down on the portion of the home's price above $ 500,0000

The guidelines — or «stress test» — issued by the Office of the Superintendent of Financial Institutions (OSFI) on October 17, 2017, will mean that lower - risk home buyers (those with more than 20 per cent down on their new home) will join higher - risk borrowers in having to qualify for a mortgage at a higher interest rate than the one at which they will actually borrow.

Under the rules, a buyer paying more than 20 per cent down on their home purchase must prove they can carry their monthly payments at either their contract rate plus two per cent, or at the Bank of Canada's benchmark rate — whichever is higher.

The firm figured that, based on certain assumptions, about 650,000 current renters under 50 years old could afford to carry a $ 350,000 mortgage (which is about 10 per cent less than the average resale price in the country), assuming that they put 20 per cent down on an uninsured 30 - year mortgage with a 3.75 - per - cent mortgage rate.

You need it if: You're a buyer who has put less than 20 per cent down on your home.

Under the changes, homebuyers must now put at least 10 per cent down on the portion of a home that costs more than $ 500,000.

For added context, Hart has saved six from 24 which sees him come out four per cent down on his teammate.

Under the rules, a buyer paying more than 20 per cent down on their home purchase must prove they can carry their monthly payments at either their contract rate plus two per cent, or at the Bank of Canada's benchmark rate — whichever is higher.

The scrip opened as much as 9 per cent down on Thursday and hit an intraday low and high of Rs 95.05 and Rs 125.70, respectively.

Not exact matches

Bank of America on Tuesday said Berkshire exercised warrants to acquire its shares for roughly $ 7.14 each, well below their closing price of $ 23.58, down 14 cents from Monday.

On Tuesday, the company's shares were down 55 cents to C$ 8.78 on the TSX and off 29 cents to US$ 8.53 in New YorOn Tuesday, the company's shares were down 55 cents to C$ 8.78 on the TSX and off 29 cents to US$ 8.53 in New Yoron the TSX and off 29 cents to US$ 8.53 in New York.

Brent crude oil futures were down 14 cents at $ 73.72 a barrel at 1128 GMT, some 2 percent below the November 2014 high of $ 75.47 reached on Tuesday.

Those poor handset sales weighed on BlackBerry's revenue, which was US$ 1.2 billion, down 56 per cent from a year ago when it didn't have the new smartphone models on the market.

Shares in chocolate retailer Yowie Group dropped 21 per cent today after the company announced sales in the United States so far this quarter have been well down on expectations thanks to growing competition.

Motor vehicles sales in Western Australia for the year to November are down 8.5 per cent on the same period last year, with sports utility vehicles the only part of the market that held up.

Adjusted earnings were down year - on - year from 69 cents per share to 65 cents per share — Wall Street had been expecting 70 cents.

End - of - financial - year specials failed to maintain May's positive tone on new car sales for Western Australia, with numbers for June down 5.5 per cent as the financial year ended with a whimper.

Western Australian automotive sales have gone against the national trend for the month of July, down nearly 13 per cent on those of July 2014, despite a national increase in sales.

On the Toronto Stock Exchange, the airline's shares, which tripled last year, closed down three cents at $ 8.77 in Tuesday trading.

On Jan. 2, the managers put down $ 200,000 on what looked like a lottery ticket, with each SVXY put costing 34 centOn Jan. 2, the managers put down $ 200,000 on what looked like a lottery ticket, with each SVXY put costing 34 centon what looked like a lottery ticket, with each SVXY put costing 34 cents.

The industry is also getting a boost from the low Canadian dollar, which closed down 0.54 of a U.S. cent at 75.40 cents U.S on Monday.

Information technology stocks were down 0.7 per cent as Research In Motion (TSX: BB) lost 7.8 per cent, or 86 cents, to $ 10.22 after surprising investors with a first - quarter loss on Friday.

That means cobbling together a 20 per cent down payment by any means necessary — whether it be relying on parents for assistance or taking out a loan.

Iron ore explorer Gindalbie Metals has detailed a $ 586 million loss for the financial year, which was previously flagged on the back of a write - down of its 48 per cent stake in the Karara project.

Gold stocks led declines, off 2.9 per cent, as August bullion moved down $ 12.30 to US$ 1,243.40 an ounce on the Nymex.

That was down on budgeted revenue of $ 32.2 million and largely a consequence of an 8 per cent drop in levies paid from residential construction.

However, the company's stock fell as much as five per cent Wednesday to $ 27.87 on the Toronto Stock Exchange after it reported sales totalled $ 390.9 million, down from $ 394.2 million and adjusted earnings of 24 cents per share, which slightly missed analysts» expectations of 25 cents per share, according to data compiled by Thomson Reuters.

U.S. West Texas Intermediate crude for June delivery was 87 cents down at $ 67.70 a barrel, after settling 47 cents higher on Monday.

Shares in Research In Motion were down 73 cents, or 5.1 per cent, to $ 13.40 on the Toronto Stock Exchange in afternoon trading.

Shares in Sun - Rype, which revealed the proposal after the close of markets Friday, closed down 29 cents at $ 5.76 on the Toronto Stock Exchange.

The energy sector dipped slightly as concerns about global energy demand sent the July crude contract down 50 cents to US$ 93.65 a barrel in electronic trading on the New York Mercantile Exchange.

On Nov. 30, several eligibility rules will tighten on mortgages where borrowers made down payments of at least 20 per cent of the purchase pricOn Nov. 30, several eligibility rules will tighten on mortgages where borrowers made down payments of at least 20 per cent of the purchase pricon mortgages where borrowers made down payments of at least 20 per cent of the purchase price.

Cash burn for the quarter was $ 400,000, down 35 per cent from the same quarter last year, reflecting management's ongoing focus on expense management.

That brings the effective tax rate on the income down to about 20 per cent.

Brent crude, which is used to price international varieties of oil, was down 47 cents to $ 112.86 per barrel on the ICE Futures exchange in London.

By early afternoon in Europe, benchmark oil for November delivery was down 21 cents at $ 91.91 a barrel in electronic trading on the New York Mercantile Exchange.

Shares in the convenience store and gas station operator (TSX: ATD.B) closed down $ 3.04, or five per cent, at C$ 58.35 on the Toronto Stock Exchange.

On the Toronto Stock Exchange, CGI's shares were down 73 cents, or 1.54 per cent, at $ 46.54 in morning trading Wednesday.

The company's senior unsecured bonds due in 2018 last traded Thursday at 5.25 cents on the dollar, down from 72 cents the week before the bankruptcy filing, according to Trace bond - price data.

The announcements Wednesday sent shares of the company, which produces and distributes medical marijuana, down as much as 30 per cent on the Canadian Securities Exchange to $ 1.70 per share from Tuesday's closing price of $ 2.49.

Barrick's share price was down about 3.8 per cent to $ 16.49 in late afternoon trading on the Toronto Stock Exchange.

Target's stock, traded on the New York Stock Exchange, was last down by 60 cents in choppy pre-market trading.

«If you can buy a building that was 25 per cent more expensive three years ago and the dollar is also down, that's a windfall situation if you're willing to hold on to it.»

July Brent futures were down 29 cents at $ 72.84 a barrel by 11:06 EDT (1706 GMT), after falling nearly 3 percent on Tuesday to their lowest in two weeks.

BlackBerry shares were down 60 cents at C$ 8.48 on the Toronto Stock Exchange before a trading halt.

Revenue was $ 12 billion, down slightly year on year, while earnings were 57 cents per share.

TransCanada shares closed down 57 Canadian cents at C$ 56 on the Toronto Stock Exchange on Tuesday.

On the cost side, the same increase in the policy rate might cut output by up to 1 per cent and push inflation down by 0.5 percentage point relative to what it would have been otherwise.

Wall Street had expected Yahoo to earn 10 cents a share on $ 1.08 billion in the quarter, down from 16 cents a year ago.

The financials sector was the only decliner on the Toronto Stock Exchange in early trading Wednesday, down by 0.17 per cent.