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Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. October 17/11

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

October 17, 2011...

Canadian Bank Prime Rate is currently 3.00%.

CanEquity Mortgage is offering 3.59% APR on a 5 year fixed closed mortgage.

The Toronto Stock Exchange (TSX) was down 158.69 points closing at 11,923.04.

Canadian/US Dollar Exchange Rate dropped 112 points to close at .9784 USD.

1 Canadian Dollar = .9784 US Dollars.

Comments (6)

Brett Reichel
Homebridge Financial Services - Rancho Cucamonga, CA
MLO 210215

It's fascinating that you have financing that works fine that gets such bad publicity here in the US - I think the financing you have leads to more responsibility by borrowers.  Interesting post, thanks for sharing!

Oct 17, 2011 07:04 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is something to watch the Canadians move well at this time.  We are having our economic problems.  Good for you.

Oct 17, 2011 07:09 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you for sharing the information it does keep us informed as to what might be going on Up North.

Oct 17, 2011 07:26 PM
FN LN
Toronto, ON

Hi Ted - I am waiting for the exchange rate to get back to the fantastic rates we had during the summer.

Oct 18, 2011 12:23 AM
Sharon Lancaster
Sage Executive Group Real Estate - Kelowna, BC
SRES, Realty Executives Okanagan

I like this .. focused and too the point.

Nov 03, 2011 06:04 PM
Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Ted, we've missed you here in the Rain! I just stopped by to wish you a very Merry Christmas!

Dec 22, 2011 08:46 AM