Our housing market is healthy and stable. The federal government
wants to keep it this way.
On February 15, 2010, The Hon. Jim Flaherty, Federal Minister of
Finance, announced changes to rules for government-backed insured
mortgages. To prepare for possible higher interest rates:
• Borrowers must meet standards for a five-year fixed rate mortgage even when choosing lower interest or s ...
Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,923 in January 2010, an increase of 152.4 per cent compared to January 2009 when 762 sales were recorded and a 23.5 per cent decline compared to the 2,515 sale ...
Bank of Canada maintains overnight rate target at 1/4 per cent
and reiterates conditional commitment to hold current policy rate
until the end of the second quarter of 2010.
The Bank of Canada today announced that it is maintaining its
target for the overnight rate at 1/4 per cent. The Bank Rate is
unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
VANCOUVER, B.C. - January 5, 2010 - After beginning the year at
near record low sales levels, buyers' confidence
in the Greater Vancouver housing market quickly returned, allowing
for significant and sustained increases
in the number of residential property sales for much of 2009.
The Real Estate Board of Greater Vancouver (REBGV) reports that
total unit sales of detached, attached and apartm ...
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I just finished uploading this Condo for sale, 136 7651 MINORU Blvd, Richmond, British Columbia
Desirable CYPRESS POINT! 2 bedroom unit facing West. Very quiet. Great for investment or to live in. Resort-like super recreation facilities including outdoor pool, hot tub, sauna, fitness area, squash court & BBQ area. Bay window in the master bedroom, storage room off the balcony. New kitchen ap ...
The Bank of Canada kept their overnight rates at their effective lower bound of 0.25%. The Boc reiterated its conditional commitment to do so until mid-2010. This decision affects floating rate (Variable rate) mortgages and Home Equity Lines of Credit. These products remain at or close to historical lows. Prime lending rate remains at 2.25%. Full commentary attached for your review
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