We’ve reached the middle of summer and there is very little to report… hey, that’s a good thing.. remember, boring is good when it comes to mortgage rates.. Remember those … Continue Reading Sounds like a broken record…5 yr Bond rates remain low as do mortgage rates..
Last week we saw the Bank of Canada raise the Key Rate by 0.25% and the Banks quickly raised Bank Prime lending rate to 2.75%. For those in a Variable … Continue Reading Here come the calls to lock into a Fixed Rate
BANK OF CANADA RATE UP July 20th, 2010….an interesting day. This was the 5th of 8 scheduled Key Interest Rate announcements… No real surprises… the Key rate went up by … Continue Reading Bank of Canada rate up by 0.25% and personal debt levels down.
It’s been a slow week for mortgage news.. but that’s okay.. when it comes to interest rates, boring is good! Mortgage rates are remaining low as the Economic data around … Continue Reading Hot summer, cooling economy and low mortgage rates..
In February, the Federal government announced many changes to tighten mortgage lending policies to ensure Canadians don’t get in over their head when it comes to mortgages.. they also promised … Continue Reading Does this ad make you laugh or get you mad?