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Bank of Canada increases overnight rate target to 3/4 per cent

July 20th, 2010

Your Professional Link to the Canadian Mortgage Market

Canadian Mortgage Rates
Term Rate
 
 
Prime Rate (P) 2.50%
Closed Variable P -.65
Open Variable P + .80
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6 Month Closed 4.60
1 Year Closed 2.64
2 Year Closed 3.20
3 Year Closed 3.55
4 Year Closed 3.99
5 Year Cl ...

First-time Homebuyers Retreat As Luxury Buyers Advance

July 2nd, 2010

First-time Homebuyers Retreat As Luxury Buyers Advance

Mortgage trends cool Calgary home sales

 

Calgary, July 2, 2010 – Calgary home sales continued to show a marked year-over-year decline in the month of June, according to figures released today by the Calgary Real Estate Board (CREB®). 

 

The number of single family homes sold in June 2010 in the city of Calgary was down 42 per cent ...