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Canada’s Mortgage Rates Remain Low – For Now
Canada’s mortgage rates remain near historic lows, but developments south of the border indicate a shift may be under way.
Read moreThe U.S.’ New Plan
President Barack Obama captured many hearts in America with the phrase, “Yes we can!”But just months into his presidency, people were already beginning to question him, as well as their own resolve that was built so strong during his campaign. People were starting to wonder whether he was really the man who could after all….
Read moreWhat are Private Mortgages?
If you’re looking to own a home, you need to go to a bank in order to get a loan, right? Well, not necessarily. In some cases, you might find a seller that is willing to offer you a private mortgage. And depending on your situation, it might be just the thing for you.
Read moreConstruction Dips on Concern over Mortgage and Construction Loan Affordability
New home construction slows amid perceived concerns about the affordability of home mortgages and construction loans.
Read moreHalt in Rate Hikes an Opportunity for Renewing or Refinancing Mortgages
A pause in Bank of Canada interest rate hikes gives homeowners an opportunity for renewing or refinancing home mortgages at favourable rates.
Read moreBank of Canada, Home Mortgage Rates Likely to Remain Unchanged
Home mortgage rates will most likely remain near historic lows moving into 2011, as the Bank of Canada is likely to leave its market-setting overnight lending rate unchanged at its October rates meeting, tomorrow.
Read moreHomebuilders’ Economist Paints Positive Housing Picture; Hawkish on Rate Hikes
Canadian Homebuilders’ Association economist paints a “positive picture” for economy and housing markets into 2011, yet remains one of the few hawks forecasting further near-term increases in the Bank of Canada’s lending rate.
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