Hi all

 

I thought I would try this Blog again as I think it might be interesting what everyone thinks. 

 

I have been reading several different Canadian Economists discuss what is going to happen in the next year.  Last year some said that by the beginning of 2009 our interest rates might be at 7%.  As they are at an all time low, I might be losing some faith in our wonderfully educated Money Profilers.  So this year I have decided to make my own projections based on what I have seen in the past.  Be aware that I am not, or do not profess to be a expert.  I am just putting some educated guesses and I would like to hear others educated guesses and then we can check them out later in the year.

 

I educated guess is the the next meeting in March for the Bank of Canada will not show any changes in the prime rate and the meeting in June the Prime rate will drop by ¼%.

 

Love to hear from anyone else.

 

 

 

Lynn Meldrum

 
Posted by Lynn Meldrum on 02/08/2009 11:25 PM   Comments (1)   Mortgage Predictions in the ActiveRain Channel   mortgage predictions  
Generate short URL
This post has been included in Alberta Real Estate News Calgary Region, AB Real Estate News Calgary, AB Real Estate News
Post is included in group: Active Rain Block Party
Post is included in group: Active Rain Newbies
Post is included in group: POSITIVE ATTITUDE for the Weary Soul

1 Comments on Mortgage Predictions for the next 6 months, give it a try!!!!!

FEB
09
2009
178,781 Points

My best guess is interest rates here for the next six months, will be between 4 and 6 percent.  I also predict that banks will find more and more creative ways to lend money and give people down payment money.  It is already happening.
7:43am • #1


What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 

Lynn Meldrum

Calgary, AB

More about me…

Lynn Meldrum with Verico Canada First Mortgage

Address: Calgary , AB, T2J 6X8

Cell Phone: (403) 554-9142

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find AB real estate agents and Calgary real estate on ActiveRain.