My Weekly Newsletter

Wednesday, October 6, 2010 Current Rates: Terms The Bank Our Rates 1 Year 3.30% 2.44% 2 Years 3.55% 2.99% 3 Years 4.10% 3.39% 4 Years 5.04% 3.49% 5 Years 5.39% 3.55% 7 Years 6.45% 4.85% 10 Years 6.60% 4.95% VIRM 3.00% 2.35% The prime rate is 3.00% Shawn Mooney (403) 945-8769 Contact Info: AIRDRIE, British Columbia (403) 945-8769

Current News: ·         Fall housing market to improve Oct 05, 2010 — Canada's housing market should return to "more normal" conditions this fall following a summer slowdown, a report from real estate firm Re/Max said Tuesday. The company, which overseas real estate agents throughout the country, said despite some improvement in the housing sector this fall, sales in most markets are unlikely to return to the brisk pace seen late last year. ·         Luxury home sales boom in Calgary Oct 05, 2010 — The sale of luxury homes remains a "bright spot" in Calgary's real estate market, says a report released today by Re/Max. The Re/Max Market Trends Report Fall 2010 said year-to-date (until the end of August) sales of homes over $1 million surged 25 per cent ahead of 2009 levels, 242 units versus 194 units, "as buyers take advantage of the current window of opportunity." ·         TD to build more U.S. branches Oct 04, 2010 — After a string of acquisitions this year, TD Bank retail operations are now bigger in the United States than in Canada. But even if the pace of deals begins to slow in 2011, the bank's U.S. expansion will not, TD's chief executive officer says. Canada's second-largest bank expects to continue expanding in the U.S. by adding the equivalent of one small-scale bank a year through new branches TD plans to open itself. ·         Pending U.S. home sales rise 4.3% Oct 04, 2010 — The number of Americans who signe d contracts to buy homes rose in August for the second straight month but remained far below last year's pace. The weak economy and fears that prices will fall are keeping many consumers away from the housing market.