October 27th, 2015 Mortgage Industry Update The Bank of Canada announced on October 21st that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Additionally, most fixed rates remain stable. Additionally this week: – Conference Board of Canada: Fraser Valley, Toronto, Oshawa, Hamilton, Sherbrooke expected to see largest short-term MLS […]
October 20th, 2015 Mortgage Industry Update The Bank of Canada announced on September 9th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Additionally, most fixed rates remain stable. Additionally this week: – RealtyTrac: Q3 US bank repossessions up 3%. Marks second quarter in a row that saw increased […]
October 13th, 2015 Mortgage Industry Update The Bank of Canada announced on September 9th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Additionally, most fixed rates remain stable. Additionally this week: – TD Bank forecast for interest rates: Bank of Canada overnight rate expected to remain at 0.5% […]
October 6th, 2015 Mortgage Industry Update The Bank of Canada announced on September 9th that it’s overnight lending rate will remain at 0.50%. The prime rate remains at 2.70%. Additionally, most fixed rates remain stable. Additionally this week: – GTA sales hit new record for September. TREB says that 8,200 homes were sold in the […]