This weeks newsletter

Wednesday, April 20, 2011 Current Rates: Terms The Bank Our Rates 1 Year 3.70% 2.64% 2 Years 4.05% 3.35% 3 Years 4.55% 3.62% 4 Years 5.19% 3.79% 5 Years 5.69% 3.84% 7 Years 6.49% 4.79% 10 Years 6.85% 4.99% VIRM 3.00% 2.20% The prime rate is 3.00% Shawn Mooney (403) 945-8769 mortgages@shawnmooney.com Contact Info: AIRDRIE, Alberta (403) 945-8769

Current News: ·         Hot inflation fans rate talk Apr 19, 2011 — Canada's annual inflation rate shot to a 30 month high in March, with data showing rising prices are seeping past typically volatile items like food and gasoline and stoking talk about an interest rate hike from the Bank of Canada. ·         Renting is beginning to look like a great deal Apr 19, 2011 — The housing market has entered a period of stability, those who think the market will fall and those who think everything's fine have neutralized each other. ·         Office leasing eclipses 2008 level Apr 19, 2011 — Occupied office space in downtown Calgary has surpassed the level reached during the height of the real estate market in the second quarter of 2008. ·         Victoria sees slowdown in real estate Apr 19, 2011 — Greater Vancouver and the Fraser Valley posted strong gains in dollar volume, sales and average price over the first three months of the year while the rest of the province, including Victoria and Vancouver Island, have seen a significant slowdown in each of those categories, according to figures released Monday by the B.C. Real Estate Association.