My Weekly Newsletter

Tuesday, October 4, 2011 Current Rates: Terms The Bank Our Rates 1 Year 3.50% 2.75% 2 Years 3.85% 2.99% 3 Years 4.35% 2.89% 4 Years 4.19% 2.99% 5 Years 5.19% 3.39% 7 Years 6.16% 4.49% 10 Years 6.75% 4.79% VIRM 3.00% 2.50% The prime rate is 3.00% Shawn Mooney (403) 945-8769 mortgages@shawnmooney.com Contact Info: AIRDRIE, Alberta (403) 945-8769

Current News: ·         Calgary real estate to fare better: CREB Oct 04, 2011 — "Undoubtedly, there are a lot of unknowns in the world's current financial situation, but Calgary and Alberta may be relatively safe havens amidst this uncertainty," said Bob Jablonski, CREB president. "Granted, gains in the housing market have been gradual - but we are seeing signs of improvements. Our province's growth is expected to outperform the national average, and this will help buoy consumer confidence in Calgary and Alberta." ·         Canadian real estate investors upbeat Oct 04, 2011 — Property. Calgary is among the prime markets in Canada to buy commercial real estate property, according to a global report released Monday. The Colliers International global investor sentiment survey said no single city or province dominates where investors plan to buy over the next 12 months. ·         Tweet me that house Oct 04, 2011 — The Canadian launch of Better Homes and Gardens Real Estate (BHGRE) runs counter to conventional wisdom in the industry, which holds that individuals can do just fine selling their home by using social media and leveraging newly granted access to the Multiple Listings Service website owned by the Canadian Real Estate Association. ·         Flaherty 'relatively confident' Oct 04, 2011 — Markets are dropping steeply, demand for Canada's oil is waning and the loonie's value no longer hovers above the greenback - but Jim Flaherty says he remains confident new measures are not required for Canada to weather the current economic storm.