TODAY'S RATES
and available loan programsClose by Feb.28
Prime - 0.1%
Prime - 0.3%
Edmonton, February 2, 2010: Single family homes sold through the Edmonton Multiple Listing Service® System sold on average for the same amount in January as at year-end while condominium prices dipped 2%.
Read moreThe following article written by Jeremy Torobin and Tavia Grant for the Globe and Mail says "CanadaRead more
According to an article published in the Calgary Herald "Home sales and prices in Calgary continue to make gains, marking another rise in January." However, figures released by the Calgary Real Estate Board show a slight slow-down compared to December's numbers.
Read moreAccording to a forecast issued by Realty Trac Inc. "3 million U.S. homes will be repossessed by lenders this year as high unemployment and depressed home values leave borrowers unable to make their house payment or sell".
Read moreAccording to a report issued by Demographia International "urban land use policies are making homes almost unaffordable in markets around the world including Vancouver, Toronto and Montreal."
Read more"Affordability and low interest rates will drive modest growth in sales and prices of resale homes in Calgary this year, the Calgary Real Estate Board predicts in its 2010 forecast report" released January 20, 2010.
Read moreNews Release - Alta West Mortgage Expands Mortgage Broker end of Business in Calgary
Read moreAccording to an article written in The Star, "Bank pooh-poohs debt bomb talk: Royal CEO says the quality of underpinning assets will likely head off a U.S.-style mortgage blow-up". The artcile, originally published on January 15th, is an excellent read.
"So with all this talk about now being the right time to get into the property market, what does a first-time home buyer do?"
Read moreTip the Scale in your Favor! Get on the fast track to Reducing Debt and Lowering your Mortgage Rate Today!
A lot of people choose to refinance their loans to take advantage of reduced rates in order to lower their payments or to obtain a shorter-term loan. Individuals may want to refinance their existing loan or mortgage for several reasons.
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