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Mortgage Rates
May 14, 2011
I updated my mortgage rates today, they are as follows:
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Posted in Mortgage Rates
Bank of Canada ups growth, stands pat on rates
April 13, 2011
OTTAWA — The Bank of Canada boosted its growth forecast Tuesday but threw a curve ball at Bay Street expectations for a July interest-rate hike by warning the “persistent strength” in the loonie could cause even greater headwinds for the economy.While some analysts still expect the central bank to start raising rates in Ju...
Posted in Financial Update
More than half of young adults waiting till next year to buy home: RBC survey
April 08, 2011
By Sunny Freeman, The Canadian Press TORONTO - As rising home prices continue to outpace income growth, many young Canadians have decided to delay home ownership for another year, according to a poll released Thursday by Royal Bank of Canada.RBC's annual home ownership poll found that 55 per cent of respondents aged 18 to 34 said it made sense to delay a home purchase until next year. That's 10 percentage points more than the...
Posted in Financial Update
No simple answers for new buyers
April 07, 2011
Paul Barker, Postmedia News · Mar. 30, 2011 | Last Updated: Mar. 30, 2011 4:04 AM ET
Do you lock in or go variable? With mortgage rates tantalizingly low it is easy to see why so many people prefer the latter, but that could change if the rates start to rise.Maria Dominelli, a mortgage specialist with independent mortgage brokerage firm Invis in Vict...
Posted in Know your Mortgage
Real Estate Market Watch
April 06, 2011
Real Estate Market Watch, brought to you by Elena Vankevich
Posted in Real Estate Update
