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Wednesday, December 15, 2010
| Terms | The Bank | Our Rates |
| 1 Year | 3.35% | 2.44% |
| 2 Years | 3.60% | 3.05% |
| 3 Years | 4.15% | 3.34% |
| 4 Years | 4.94% | 3.40% |
| 5 Years | 5.15% | 3.45% |
| 7 Years | 6.35% | 4.50% |
| 10 Years | 6.50% | 4.75% |
| VIRM | 3.00% | 2.30% |
| The prime rate is 3.00% |
AIRDRIE, Alberta (403) 945-8769
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· A tale of two housing markets
Dec 14, 2010 — Open houses were packed, sellers received multiple offers over asking prices and buyers engaged in bidding wars to secure a home while mortgage rates were low. That sent the average home price skyrocketing. · Calgary housing starts expected to dip
Dec 14, 2010 — The Conference Board of Canada predicts widespread housing starts declines over the short term across the country, including Calgary. In releasing its Metropolitan Monthly Monitors report on Monday, the board said housing starts were down in 13 of 27 markets on a year over year basis in November. · How to ensure your future financial health
Dec 14, 2010 — As some of us are watching our gift budget balloon, it's easy to think about financial atonement in the year ahead. It's also easy to feel paralyzed by the endless choices for how to spend, save and invest. Stop sweating it. Think about how personal trainers help people get fit: They don't show them a fancy new way to do a sit-up; they just make sure they do the sit-up. · Household debt ratio hits record
Dec 13, 2010 — The ratio of household credit market debt to personal disposable income hit a record 148.1 per cent in the third quarter from 143.4 per cent in the prior quarter, Statistics Canada said Monday. Much of the reason stemmed from a 1.5 per-cent drop in disposable income. |
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