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Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. August 4/11

By Ted Tyrrell

Real Estate Sales Representative with RE/MAXCamosun (Chatterton)

August 04, 2011 09:58 AM

August 4, 2011...

Canadian Bank Prime Rate is currently 3.00%.

CanEquity Mortgage is offering 3.55% APR on a 5 year fixed closed mortgage.

The Toronto Stock Exchange (TSX) was down 435.90 points closing at 12,380.13.

Canadian/US Dollar Exchange Rate dropped 180 points to close at 102.09 USD.

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Brian Madigan

RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON

LL.B., Broker

Ted,

That was a very major drop. But, I think it's heading up tomorrow.

Brian

Aug 04, 2011 03:17 PM

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Ted Tyrrell

Selling Homes in Beautiful Victoria

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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.