Weekly Newsletter

Wednesday, April 6, 2011 Current Rates: Terms The Bank Our Rates 1 Year 3.70% 2.64% 2 Years 4.05% 3.18% 3 Years 4.55% 3.35% 4 Years 5.19% 3.89% 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: ·         First-time buyers helping to fuel real-estate Apr 05, 2011 — First-time buyers are helping to fuel strong gains in t he property market as they seek to get a rung on the housing ladder before interest rates rise, according to a report by RE/MAX. ·         Real estate market braces for TMX-LSE merger Apr 05, 2011 — The potential merger of the TMX Group, operator of the Toronto Stock Exchange, and the London Stock Exchange Group has sparked hot debate throughout the Canadian business community. ·         Edmonton real estate on verge of new boom Apr 05, 2011 — Edmonton is on the verge of another real estate boom, says expert Don Campbell. "Alberta is uniquely positioned in the world to be a stable, consistent and growing source of the four things that the world is going to need over the next decade, food, fuel, fertilizer and forestry," Campbell said during a stop Monday in Edmonton. ·         TD raising mortgage rates Apr 04, 2011 — TD Canada Trust is raising most of its fixed-term mortgage rates, a move that reflects the bank's increased cost of funds on bond markets. TD says the biggest increases will be for mortgages with terms of five to 10 years, which will all go up by 0.35 percentage points starting Tuesday.