BC Mortgages Get a Respite From High Rates

May 11, 2010

The writer is a senior BC mortgage broker with experience in assisting clients with bad credit mortgage applications. The Greek saga continues; ministers meeting; bankers scheming and a bail out so big it staggers the imagination. The ongoing rate increases in the bond market was driven by the uncertainty in the European markets. The potential [...]

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New Mortgage Rules

April 28, 2010

The writer is a Senior BC mortgage broker with an active interest in the factors affecting the housing market. The recent strength of the housing market belies the under current for a potential downturn in the housing market. The drivers for this downturn in the market are a result of the intervention of the government [...]

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BC Mortgage and Real Estate Projections

April 23, 2010

Where are BC Mortgage rates going? This BC Mortgage Broker has an idea. The economy is forecasted to cool as the cheap money fades and the dollar trades near parity. The strength of the dollar will restrain inflation and therefore moderate any rate increases by the Bank of Canada. The market is watching the bank [...]

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Bank of Canada Rate Forecast

April 19, 2010

The markets are waiting for the other shoe to drop. The drive to parity with the US dollar and fresh inflation worries are making the boys in the market take note of the latest Bank of Canada meeting. The TD Bank has forecast the over night rising to over 3%. That will make the bank [...]

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BC Mortgage Broker – Market Update

April 15, 2010

The Vancouver mortgage market has seen since turmoil since the drop in 2008. The following BC Mortgage Broker update is provided by the TD Bank. • While existing home sales and prices grew rapidly in 2009, we had been expecting markets to cool gradually heading into 2010, more markedly in the second half. Are there [...]

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