mortgage-montreal.blogspot.com
Montreal Mortgage Watch: January 2010
http://mortgage-montreal.blogspot.com/2010_01_01_archive.html
By alex 5:57 AM in Canadian economy. We would, in essence, be dousing the entire Canadian economy. With cold water, just as it emerges from recession," Wolf said in an Edmonton speech delivered on behalf of deputy governor Timothy Lane, who could not travel to the Alberta capital for personal reasons. As a result, it would take longer for economic growth. To return to potential and for inflation to get back to target," he added. Wolf said that even if the bank judged that housing prices were getting out ...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: July 2009
http://mortgage-montreal.blogspot.com/2009_07_01_archive.html
Scheme To Guarantee Mortgages. By alex 10:32 AM in risky mortgages. First time home buyers. Could be thrown a lifeline under plans being considered by the Treasury to underwrite 'risky' mortgages. Allowing people with only small deposits to buy homes. Since the credit crunch. Took hold, banks have demanded far tougher criteria for lending, asking buyers to provide between 25% and 30% of the price of a home as a deposit. Which suggest that the Canadian housing market. The amount of money flowing in the fi...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: March 2010
http://mortgage-montreal.blogspot.com/2010_03_01_archive.html
By alex 7:16 PM in Core inflation. Canadians could be facing higher interest rates sooner than previously thought as a result of stubborn inflation and stronger economic growth. Bank of Canada Mark Carney said Wednesday. Carney did not declare higher rates were on the way, but issued his clearest signal to date that his year-old commitment to keep the policy rate at the record 0.25 per cent until July was "expressly conditional" on inflation remaining tame. They still have considerable latitude, but the ...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: Canada Has Housing Bubble
http://mortgage-montreal.blogspot.com/2010/02/canada-has-housing-bubble.html
Canada Has Housing Bubble. By alex 6:52 AM in bubble in Canada’s housing market. Stephen Jarislowsky, chairman of Montreal-based investment adviser Jarislowsky Fraser Ltd., said he is “convinced” there’s a bubble in Canada’s housing market. Fueled by government measures that encouraged consumers to take on debt. 8220;They have basically encouraged people to buy houses based on cheap mortgages. The comments by Jarislowsky, who is one of Canada’s wealthiest investors with a fortune worth C$1.85 b...I am Ke...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: Home Prices Climb Again
http://mortgage-montreal.blogspot.com/2010/03/home-prices-climb-again.html
Home Prices Climb Again. By alex 7:56 AM in canada home prices. Kept climbing in January, rising 0.4 percent from the previous month as expected, according to Statistics Canada on Thursday. On a monthly basis, the housing-only component of the new housing price index rose by 0.5 percent and the land-only component edged up 0.1 percent. New home prices firmed 0.1 percent in January from a year earlier, the first year-over-year rise since December 2008. Subscribe to: Post Comments (Atom). Biggest U.S&#...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: August 2009
http://mortgage-montreal.blogspot.com/2009_08_01_archive.html
TD Bank Profit Decline. By alex 2:42 PM in canada housing market. TD Bank Financial Group (TSX:TD) reported a decline. In third-quarter profits Thursday and warned of trouble ahead as difficult economic conditions weakened the performance of some of the bank's U.S.-based operations. It's unlikely that this level of earnings can be maintained," admitted TD chief executive Ed Clark in a conference call Thursday. The bank said adjusted earnings rose 17 per cent to $1.3 billion or $1.47 per share fro...TD sa...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: November 2009
http://mortgage-montreal.blogspot.com/2009_11_01_archive.html
Prepare For Higher Mortgage Rates. By alex 6:31 AM in Canadian housing market. The Canadian housing market. Has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates. But rates this low - 5.59 per cent for a five-year fixed-rate mortgage and 2.25 per cent for a five-year variable-rate mortgage. At one bank - can't last forever, and experts are advising borrowers to prepare for higher rates. Within the next 12 months.
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: June 2009
http://mortgage-montreal.blogspot.com/2009_06_01_archive.html
Real Estate and the Global Recession. By alex 5:59 AM in apply for loans. Now it can be said – the US is officially in a recession, and other countries around the globe are very quickly following suit. Predominating the country’s financial headaches is the real estate meltdown, or subprime crash, as experts call it. The question being asked is, was overinflated real estate. The cause of the US and ultimately the global recession? If so, how? To apply for loans. With a minimal down payment. Even as the hi...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: Future Home Prices
http://mortgage-montreal.blogspot.com/2010/04/future-home-prices.html
By alex 3:35 PM in Canadian housing market. Canadian Real Estate Association. Country’s real estate. Rise in residential real estate. Canadian CEOs don’t think that the country’s real estate. Market is in a bubble, but that doesn’t mean they’re optimistic about further growth. A recent Compas Inc. poll shows that business leaders expect a rise in residential real estate. Like the executives polled, the Canadian Real Estate. The Canadian housing market. But according to the chief executives, the housing m...
mortgage-montreal.blogspot.com
Montreal Mortgage Watch: Higher Interest Rates
http://mortgage-montreal.blogspot.com/2010/03/higher-interest-rates.html
By alex 7:16 PM in Core inflation. Canadians could be facing higher interest rates sooner than previously thought as a result of stubborn inflation and stronger economic growth. Bank of Canada Mark Carney said Wednesday. Carney did not declare higher rates were on the way, but issued his clearest signal to date that his year-old commitment to keep the policy rate at the record 0.25 per cent until July was "expressly conditional" on inflation remaining tame. They still have considerable latitude, but the ...