Posts Tagged ‘mortgage rate’
Why You NEED A Pre-Approval In Today’s Market.
In: Mortgage News
2 Jun 2011Welcome to the Spring/Summer of 2011, where multiple offers on homes are the norm, 105% and higher above asking price is not uncommon, and mortgage rate fluctuations of 0.35% can happen overnight. In my 11 years in this industry I have not seen this particular set of circumstances all occurring at once and to the [...]
US Prime Rate Cut Unlikely to Spread North
In: Real Estate News
19 Sep 2007Yesterday’s announcement of a cut to a key US interest rate is unlikely to be mirrored in Canada, say financial experts, as the loonie soars and the Canadian housing market holds strong. The U.S. Federal Reserve announced a half-point cut to its federal funds rate on Tuesday, in hopes of avoiding a nation-wide recession. The [...]
Canada Real Estate News
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.