TODAY'S RATES
and available loan programsClose by Oct 30
Prime -0.60%
Prime -0.70%
We found the following article in the Calgary Herald about the Home Renovation tax credit and we think it is a good read. " CALGARY - Despite the recession in 2009, Albertans spent a record amount on home renovations in the past year.
Read moreThe CMP Canadian Mortgage Awards announce Dave McKitrick as the 2010 Alternative Lending Broker of the Year
Read moreThe 4th Annual CMP Canadian Mortgage Awards gala was a huge success, attracting approximately 500 guests - the largest attendance so far. Our very own Dave McKitrick took home the award for "Best Alternative Lending Mortgage Broker of the Year" Congratulations Dave! Here is the complete list of winners for 2010:
Read moreAccording to an article posted on the Calgary Herald website "The Conference Board of Canada is forecasting house prices in Calgary to experience short-term - over the next six months - year-over-year growth in the range of five to seven per cent.
Read moreThe Bank of Canada has left its key interest rate untouched, but given notice that its pledge to keep rates stable until the end of June is no longer in effect.
The news drove the Canadian dollar sharply higher, jumping 1.52 cents in early trading to just above parity with the U.S. dollar.
The bank has left its overnight rate at 0.25 per cent.
Read more"CALGARY - In residential real estate, there's an old saying about how location is an important factor in any purchase - besides the price of course.
A BMO Bank of Montreal survey, released today, says that among current and future first-time home owners, location is the main reason they would consider offering more than the asking price for a home.
Read moreAccording to recent news "Talk of rising mortgage rates has motivated buyers to take the plunge in March into home ownership, with preliminary data showing MLS sales are up considerably from a year ago -- and average prices are following the upswing."
Article Source: Cagary Herald
Read moreDespite 2010's strong start, Scotiabank expects the "twenty-tens" Canadian housing market to pale in comparison to the previous decade....(Read More)
Read moreAn article publised by Homes-Extra.ca has announced that "members of the Canadian Real Estate Association agreed Monday to loosen rules governing the board’s Multiple Listing Service in a move that could usher in new-found power and savings for prospective homebuyers and sellers involved in real estate transactions."
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