Wednesday, December 21, 2011
| Terms | The Bank | Our Rates |
|---|
| 1 Year | 3.50% | 2.75% |
| 2 Years | 3.85% | 2.84% |
| 3 Years | 4.05% | 2.99% |
| 4 Years | 4.79% | 3.19% |
| 5 Years | 5.29% | 3.29% |
| 7 Years | 6.35% | 3.99% |
| 10 Years | 6.75% | 4.49% |
| VIRM | 3.00% | 2.50% |
| The prime rate is 3.00% |
| 
- Inflation steady as gas price hikes ease
Dec 20, 2011— Overall, Statistics Canada said prices rose in all eight major components it tracks and in every province in Canada. The inflation rate has been above the Bank of Canada's two per cent target for more than a year now.
- Manulife downgraded
Dec 20, 2011— RBC Capital Market is lowering its outlook for the Canadian life insurance sector, including a downgrade of Manulife Financial Corp., to reflect expected volatility in equity markets and low interest rates for upcoming quarters.
- Canucks dominant interest in U.S. market
Dec 19, 2011— When it comes to international interest in U.S. real estate, the vast majority of it is coming from Canada. Canada-based real estate technology and marketing company Point2 released its third quarter results, showing Canadian traffic generated the highest number of online visits to all top ten states identified in the report.
- Market demand drives growth in Vancouver
Dec 19, 2011— The Greater Vancouver Real Estate Board described November sales and listing activity as typical. If you've lived in Vancouver for a while, that might have you scratching your head, especially when it's followed by news that November sales were 5.8 per cent below the 10-year average. Now that's the Vancouver real estate market I know.
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