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The Bank of Canada maintains rate, at 1%. This leaves our prime rate at 3% where it has been since September 2010.
The 5 year bond yields are up over 30 basis points in May. Should they stay this high, one should expect fixed interest rates to rise as well. It may be prudent, should you be looking to make a purchase … Continue reading
Here’s an informative description of how Scotia’s HELOC or STEP (Scotia Total Equity Plan) works. Contact Charlotte Roach (780.215.4431) who is Scotia’s mobile mortgage specialist, for further details.
Photo radar locations for week of May 13-19. Gregoire Drive Barber Drive Simcoe Way Morimoto Drive Beacon Hill Drive
According to statistics released today by The Canadian Real Estate Association Canadian home sales rise in April.
Historically, Bond Rates and Fixed Mortgage Rates have fluctuated in relation to each other.Canada’s Bond Rates have climbed in the past few days. As a result, some lenders are increasing their interest rates. Interest Rates are still at a historical … Continue reading
Here we go again. Just as we’re setting into our spring market, an announcement from the Office of the Superintendent of Financial Institutions Canada, verifies that they may be looking at changes to amortization rules yet again, tightening the rules … Continue reading
Photo radar locations for week of May 6-12 Carteret Drive Fraser Avenue Hillcrest Drive MacKenzie Boulevard Thickwood Boulevard
Photo radar locations for week of April 22 – 28. Bulyea Avenue MacDonald Crescent Highway 63 and Hospital Street Brett Drive Millenium Drive
Bank of Canada signals rates to remain on hold even longer.