TODAY'S RATES
and available loan programs3.69%
5 Year Fixed
Close by Oct 30
Close by Oct 30
2.15%
5 Year Variable
Prime -0.60%
Prime -0.60%
2.05%
3 Year Variable
Prime -0.70%
Prime -0.70%
Our Blog
Should Canada fear housing bubble trouble?
Mon, 02/22/2010 - 11:14am — jonathanShould Canadians fear housing bubble trouble? An article posted on CBC shares the most recent MLS data.
Article: The most recent MLS data show that the average resale home in Canada sold for $337,410 in December — up 19 per cent from a year earlier. Sales were up a stunning 72 per cent.
Read moreCanadian resale housing market up 58% over last year
Wed, 02/17/2010 - 11:02am — jonathanAccording to an editorial in the Calgary Herald recent information released by the Canadian Real Estate Association the Canadian resale housing market is up 58% over last year. The average price of all homes sold through the MLS system last month was $328,537 which was up 19.6% over last year.
Read moreMortgage Rules are Tightened
Tue, 02/16/2010 - 12:00pm — jonathanOTTAWA — Amid warnings about Canadian household debt levels and a possible housing bubble, Finance Minister Jim Flaherty said Tuesday the federal government would make it tougher for people to get a mortgage.
Read moreCalgary and Victoria are the only CMAs in Canada to see home prices drop: StatCan
Thu, 02/11/2010 - 10:25am — jonathanAn article written in the Calgary Herald shares comments from Statistics Canada "Calgary and Victoria were the only metropolitan areas in the country to record declines in new home prices from November to December, says Statistics Canada.
Read moreHistorical rate charts for both fixed and variable rates - Updated
Wed, 02/10/2010 - 3:25pm — jonathanWhat’s New? The latest fixed and variable historical rate charts sales tool is available today!
Remember! The historical rate charts and graphs track rate trends for variable and fixed rates over the last 25 years. These charts can be used to help you position today’s rates to your customers as some of the lowest in the past 25 years.
Read moreKeeping Economic Recovery on Track
Tue, 02/09/2010 - 6:22pm — jonathanAccording to an email we received form FLM "Financial markets tend to get edgy sitting still, but Bank of Canada Governor Carney is a man in no hurry to act. Drawing a parallel with Australia, where a rate hike came earlier than expected, investors had been pushing up Canadian short-term yields in anticipation that Canada would also raise rates.
Read moreHousing prices remain stable in January: Listing Activity Doubles
Sat, 02/06/2010 - 10:58am — jonathanEdmonton, 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 moreSpending taps are Open Thanks to Flaherty
Wed, 02/03/2010 - 10:33am — jonathanThe following article written by Jeremy Torobin and Tavia Grant for the Globe and Mail says "CanadaRead more
Calgary Home Prices continue to Make Gains
Tue, 02/02/2010 - 2:35pm — jonathanAccording to an article published in the Calgary Herald "Home sales and prices in Calgary continue to make gains, marking another rise in January."
Read more2010 will be a Record Year for Foreclosures in the U.S.
Fri, 01/29/2010 - 11:27am — jonathanAccording 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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