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Tag Archives: canada interest rates
CIBC Being Sued: Unfair payout penatly calculations continue
This is interesting. We have always thought that the way they do their math was odd or different or something. Another reason to use a good Calgary broker that has other options than the Big 6 banks that continue to … Continue reading
Posted in bank, Bank rates, Uncategorized
Tagged Calgary mortgage broker, canada interest rates, canadian mortgage
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Teetering on the edge of a rate hike – not all bad news
This article below is good news for everyone with a variable rate – as it looks like they will not go up that fast. The data below is the most accurate with out any hype that I have seen is … Continue reading
Consumer Prime stays the same at 3% – but for how long?
Prime stayed at 3% today and as below rate hikes are coming as soon as we are past the recession for good. These super low rates are the tail end of the recession so take advantage of them while you … Continue reading
Prime to be at 4% by 2012
BoC rate to reach two per cent by year end: RBC By | 11/03/2011 2:00:00 PM | 0 comments As part of its economic outlook for 2011, RBC projects that the Bank of Canada overnight rate will rise from one … Continue reading
‘Window closing’ on ultra-low mortgage rates
Essentially we are in artificially low interest rates and the government is expecting rates to come up to normal levels in the near future. Bond yields are continuing to put pressure on long term mortgage rates and we will continue … Continue reading
‘Window closing’ on ultra-low mortgage rates
Tim Shufelt, Financial Post · Monday, Feb. 7, 2011 Amid the noise of volatile-but-improving economic indicators, mortgage rate hikes are likely to repeat like a chorus in the coming months. Canadian banks are raising interest rates on mortgages, marking the … Continue reading
Canada Prime Stays at
Consumer Prime is at 3%. At it will stay the same as well. Nice break for us after the gov’t changes the mortgage rules the day before. As most predicted it would, the Bank of Canada announced today it is … Continue reading
Housing crash is not likely to happen in Canada.
Ben is one of the best economists around and is usually correct…. Benjamin Tal, senior economist for CIBC World Markets told delegates at the Canadian Association of Accredited Mortgage Professionals (CAAMP) conference in Montreal that the U.S. housing collapse is … Continue reading
