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Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange- Dec.16/10

By
Real Estate Sales Representative with RE/MAXCamosun (Chatterton)

December 16, 2010...image of christmas tree

Canadian Bank Prime rate is currently 3.00%.

CanEquity Mortgage is offering 3.54% APR on a 5 year closed fixed rate mortgage.

The Toronto Stock Exchange (TSX) was down 47.84 points closing at 13,181.23.

Canadian dollar exchange rate dropped today 19 basis points to 99.41 USD.

 

Comments (3)

Sharon Lancaster
Sage Executive Group Real Estate - Kelowna, BC
SRES, Realty Executives Okanagan

Here's hoping the dollar drops another few points... time to sell USD before Christmas!!

Dec 16, 2010 05:18 PM
RhondaHeaslip NanaimoRealEstate
RE/MAX of Nanaimo - Nanaimo, BC

Ted, I'm with Sharon on this one. It would be great to see it come down a bit more.

Dec 17, 2010 10:25 AM
Ted Tyrrell
RE/MAXCamosun (Chatterton) - Victoria, BC
Selling Homes in Beautiful Victoria

You both may be getting your wish. It dropped 67 points today. But I want it to go up--heading for California in two weeks for the month of January.

Dec 17, 2010 11:49 AM