mortgage rates: Mortgage rates May 17 2011 - 05/17/11 11:04 AM

mortgage rates: Mortgage Rate May 07 2011 - 05/07/11 04:16 AM
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mortgage rates: Mortgage Rates as of April 17 2011 - 04/17/11 04:57 AM


mortgage rates: Bank of Canada holds interest rate - 04/12/11 04:46 AM
As expected the Bank of Canada announced that it is maintaining its target for the overnight rate at 1 per cent today. This means that variable mortgage rates will remain level.
 The bank said business investment and exports are taking over from consumer spending as the main drivers of economic growth. Though it warned the strong Dollar will provide some headwinds to trade.
Overall, the bank projects the economy will expand by 2.9% in 2011 and 2.6% in 2012. Growth in 2013 is expected to equal that of potential output, at 2.1%.
The bank expects the economy will return to capacity … (0 comments)

mortgage rates: Rate cut by Bank of Canada - 03/04/08 03:11 AM
Bank of Canada on Tuesday March 04, 2008 droped its key overnight lending rate by half a percentage point to 3.5 per cent to prevent U.S. economic weakness from spilling over into our country.
It's the first time the Bank of Canada has cut its key rate by more than a quarter of a percentage point in more than six years.
Today's rate cut was the first policy move presided over by the new Bank of Canada governor, Mark Carney whi took over from David Dodge, at the end of January.
Look for major banks to cut their mortgage rate in very near future. This is very … (0 comments)

Mandeep Bhathal, Kingsway Real Estate., Brokerage (Kingsway Real Estate., Brokerage)

Mandeep Bhathal

Kingsway Real Estate., Brokerage

Brampton, ON

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Kingsway Real Estate., Brokerage

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