Wednesday, January 11, 2012
| 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% | 3.24% |
| 7 Years | 6.35% | 3.99% |
| 10 Years | 6.75% | 4.49% |
| VIRM | 3.00% | 2.80% |
| The prime rate is 3.00% |
Shawn Mooney
(403) 945-8769
mortgages@shawnmooney.com
Serving Alberta
(403) 945-8769
Toll Free 1-866-388-1838
| 
- RBC, BMO warn on housing
Jan 10, 2012— The heads of Royal Bank of Canada and Bank of Montreal told an investor conference in Toronto Tuesday morning that a softer housing market is a concern across the country, with particular focus on the condo markets in Toronto and Vancouver, where capacity is significantly overbuilt.
- Highlights from strong December housing starts
Jan 10, 2012— Much of the surge in housing starts in the latest period can be attributed to the much-maligned condo market, with the volatile urban multiples component leading the way wit h a robust 14.5% increase to 111,300 units. Single-unit dwelling starts, by contrast, only increased by 3.8% to 70,600 units while rural starts dropped 10.3% to 18,300 units. Condos still king in 2011.
- Debt still rising, but lower credit card debt
Jan 10, 2012— Canadians are paying off more of their credit card debt as they cope with a weaker economy and some restrictions on credit expansion. The latest national credit trends report from Equifax Canada, released early Tuesday, says the average credit card debt fell in 2011 by 3.4 per cent.
- Housing prices to increase in 2012
Dec 31, 2011— Builders have been consistent in their message to consumers: If you've been waiting for house prices to come down, you're waiting in vain. As the industry gets set for the first business day of 2012 on Tuesday, the message is that prices will be going up.
|
No comments:
Post a Comment