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Housing prices remain stable in January: Listing Activity Doubles

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%.

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Spending taps are Open Thanks to Flaherty

The following article written by Jeremy Torobin and Tavia Grant for the Globe and Mail says "CanadaRead more

Calgary Home Prices continue to Make Gains

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.

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2010 will be a Record Year for Foreclosures in the U.S.

According 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".

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Are homes in Toronto, Vancouver and Montreal Unaffordable?

According 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."

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Growth Expected for Calgary Real Estate in 2010

"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.

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Alta West Mortgage Opens Branch Office at Royal LePage Solutions

News Release - Alta West Mortgage Expands Mortgage Broker end of Business in Calgary

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The quality of underpinning assets will likely head off a U.S.-style mortgage blow-up

According 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.

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First-Time Home Buyer? What are your Next Steps?

"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?"

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Get on the fast track to Reducing Debt and Lowering your Mortgage Rate Today

Tip 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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TODAY'S RATES

and available loan programs
3.69%
5 YEAR FIXED
Close by Feb.28
1.95%
5 YEAR VARIABLE
Prime - 0.1%
1.90%
3 YEAR VARIABLE
Prime - 0.3%

Recent Blog Entries

Housing prices remain stable in... Edmonton, February 2, 2010: Single family homes sold through the Edmonton...
Spending taps are Open Thanks to... The following article written by Jeremy Torobin and Tavia Grant for the...
Calgary Home Prices continue to... According to an article published in the Calgary Herald "Home sales...