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Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. Nov. 23/10

By Ted Tyrrell

Real Estate Sales Representative with RE/MAXCamosun (Chatterton)

November 23, 2010 12:39 PM

November 23, 2010...

Canadian Bank Prime rate is currently 3.00%.

Some banks are offering 3.54% APR on a 5 year closed fixed rate mortgage.

The Toronto Stock Exchange (TSX) was down 135.26 points closing at 12,793.75.

Canadian dollar exchange rate dropped today 54 basis points to 97.74 USD.

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Mike Jones

SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ

Mike Jones NMLS 223495

Ted,

I wish that we lenders in the US could do more for our Canadian buyers!

Mike in Tucson

Nov 23, 2010 03:35 PM

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Ted Tyrrell

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Greetings! I am a real estate professional in the beautiful city of gardens--Victoria, BC. I deal mainly with residential houses and condos, but as I personally have owned revenue properties for many years, I feel qualified to help you find the right investment property as well.