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Fort McMurray Update

Today in the Calgary Herald there was an article which presented an interesting look at what's going on in  Fort McMurray.  As a lender we have always looked at Fort Mac as a scary place to lend.  Is it a boom/bust town, or will it find its footings and become a v

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CALGARY HOUSING MARKET

According to the Calgary Herald Sep 29,2009

CALGARY - Alberta's

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PERFECT TIMING?

For most of the last 12 months it’s been a great time to buy a house.  Record low interest rates, lower pricing and government incentives have combined to make houses m

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What's going on in the Okanagan?

Pouring over the Okanagan Real Estate Board (OMREB) stats, it becomes readily apparent that the Okanagan has suffered in this last year the same as any other marketplace.

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It's not all about Interest Rate!

We've had a number of inquiries lately from clients that are looking to move into their first home, or are moving into another category.

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DON'T WAIT - STAND UP AND CHEER!

With all the positive news floating around the media today, it is hard not to get excited about the future.  Just to see the end of the doldrums is enough to stand up and cheer about!  <

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According to CMHC Q3 BC Report

Key drivers of housing demand, including employment and incomes, are showing signs of improvement.

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Chief Economist Speaks to Mortgage Industry

On Friday, September 11, 2009, I was a delegate at the Alberta Mortgage Broker's Association's (AMBA) Annual Conference, held in Calgary.  A much more subdued affair than years past, there was a general time of reflection

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Make The Recession Work For You

Those interested in the housing market continue to talk about how low interest rates are bringing the first home buyers out of the woodwork and how this is driving the re-sale market.

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TODAY'S RATES

and available loan programs
3.69%
5 Year Fixed
Close by Oct 30
2.15%
5 Year Variable
Prime -0.60%
2.05%
3 Year Variable
Prime -0.70%

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