Bank of Canada Keeps Rates the Same

Bank of Canada Keeps Rates the Same

The Bank of Canada left rates unchanged this morning which means prime remains at 2.25% and is expected to stay there until the end of 2010. Inflation is not expected to reach it’s 2% target until the 3rd quarter of 2011. Read the full article for more details.

Calgary Home Prices to Increase in 2010

Calgary Home Prices to Increase in 2010

After dropping a year ago, home prices in the Calgary market (along with most other major Canadian markets) is expected to recover well going into and through 2010 according to ReMax Report.

Posted in Economic, News, December 3rd, 2009, 0 Comments

Calgary’s Home Market on Rebound!

Calgary’s Home Market on Rebound!

Calgary’s housing market has gone through a lot of change in the past two years. Things are improving and now may be the perfect time to get in if you missed out before the market exploded in 2006.

Posted in Economic, Mortgage Rates, October 7th, 2009, 0 Comments

The Mortgage Market in Alberta: Update

The Mortgage Market in Alberta: Update

The last 12 months have been a challenge in the Canadian Mortgage Industry. In Alberta and across the country we have seen an interesting phenomenon occur made up of two components which are discussed in this article.

5 Reasons Why Now is the Time to Purchase a Home

5 Reasons Why Now is the Time to Purchase a Home

After having survived the greatest economic debacle the world has ever seen, the question is, how does one recover and even get ahead in the times immediately following such a huge collapse?

There are five things that are apparent in this current market.

Posted in Economic, Mortgage Tips & Advice, July 3rd, 2009, 0 Comments