As a result of the declining and suffering economies of the world, the Canadian economic recovery will be slower than anticipated by the Bank of Canada. With the US announcing this week that they will hold interest rates low for the next couple years (copying the statements made by Bank of Canada 2 years ago) has sent a strong sign that things will remain as is for the time being. With that news, the market in Canada is also held back and our interest rates will also be held down … (0 comments)
lethbridge interest rates: Lethbridge Interest Rates - Lethbridge Mortgage Broker
- 07/12/10 08:22 AM
Lethbridge Interest Rates - Lethbridge Mortgage Broker I often get asked, "what is the interest rate?" by consumers. The answer that they typically want to hear is the answer to one of the following questions: What is the lowest interest rate available? What is the 5 year fixed interest rate?
They ask the first question if they are just curious and wondering how cheaply they could finance. They ask the second question if they are comparing between banks or with their own financing, as the lenders tend to push the 5 year fixed product harder than any other product … (0 comments)
lethbridge interest rates: Australia First of the G20 to Raise Interest Rates, BIG NEWS
- 10/07/09 06:44 PM
While this news does not affect us directly in North America, it does send a global signal and should serve as a wake up call for some. Read this breaking news.... The recent history of interest rate hikes RICHARD BLACKWELL 00:00 EDT Wednesday, October 07, 2009 <!-- Summary --> Australia's interest rate hike yesterday was said to be the first by a G20 country since the financial crisis began. When was the last rate jump, and by which country? <!-- /Summary --> The last rate hike among the Group of 20 was in Indonesia, where the key rate was boosted by … (0 comments)
lethbridge interest rates: Canadian Interest Rates to Move up Mid 2010?
- 09/27/09 08:53 PM
With economic recovery firmly underway, an end to these fantastic interest rates may come sooner rather than later. Of course they will not shoot up rapidly overnight, however the trend is now flat and expected to be up and not down, going forward. For consumers who are trying to pick a term for their next financing this presents some important info to consider.
Check the following article from Reuters.
SUMMERSIDE, Prince Edward Island, Sept 23 (Reuters) - The Bank of Canada foresees higher interest rates following the expiry of its conditional pledge to hold them unchanged till the … (1 comments)
lethbridge interest rates: Canada Recovers From Economic Downturn
- 09/27/09 08:49 PM
The following article this past week once again confirms that the economy in Canada is heating up. Alberta specifically is starting to see tremendous signs of economic recovery and growth. If you have been watching and waiting, call me this week. Here is the full article. Real estate recession over in Canada as prices recover, report says By Brenda Bouw (CP) House hunters still waiting for prices to drop further before buying may have sat on the sidelines too long, according to a new report. A Re/Max study released Thursday shows home values in some major markets across Canada have recovered … (1 comments)
lethbridge interest rates: Canadian Interest Rates To Stay Low For A While
- 08/26/09 07:14 PM
CIBC: muted growth means Bank of Canada unlikely to raise rates till 2011 (CP) – 1 day ago TORONTO — The Bank of Canada is unlikely to hike interest rates until 2011 because the lingering effects of the global economic meltdown will continue to mute both growth and inflation, according to a report issued Tuesday by CIBC World Markets. "While the 2009 recession may already be over, the slack it created is both large and likely to persist," said CIBC chief economist Avery Shenfeld. "Unlike the Bank of Canada, we don't expect growth to average above the non-inflationary potential until 2011," … (2 comments)
Lethbridge Real Estate - 5 Year Fixed Interest Rates 3.09%
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