drumhellermortgages.blogspot.com

Drumheller Mortgages

Tuesday, March 17, 2009. I'm on Twitter, yo! Is that what the kids say? Follow me here: http:/ twitter.com/nelsmi. Monday, March 16, 2009. Fixed rates haven't moved much since the Bank of Canada's latest rate cut on March 3rd. A few lenders lowered 5 year fixed rates a bit, but all in all it was a pretty uneventful rate cut. Has lowered their 10 year fixed rate to 5.25%. This is the lowest 10 year fixed I've ever seen. ING. Has pulled out of the broker market. I don't know of any brokers who used HSBC.

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Tuesday, March 17, 2009. I'm on Twitter, yo! Is that what the kids say? Follow me here: http:/ twitter.com/nelsmi. Monday, March 16, 2009. Fixed rates haven't moved much since the Bank of Canada's latest rate cut on March 3rd. A few lenders lowered 5 year fixed rates a bit, but all in all it was a pretty uneventful rate cut. Has lowered their 10 year fixed rate to 5.25%. This is the lowest 10 year fixed I've ever seen. ING. Has pulled out of the broker market. I don't know of any brokers who used HSBC.

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Drumheller Mortgages | drumhellermortgages.blogspot.com Reviews

https://drumhellermortgages.blogspot.com

Tuesday, March 17, 2009. I'm on Twitter, yo! Is that what the kids say? Follow me here: http:/ twitter.com/nelsmi. Monday, March 16, 2009. Fixed rates haven't moved much since the Bank of Canada's latest rate cut on March 3rd. A few lenders lowered 5 year fixed rates a bit, but all in all it was a pretty uneventful rate cut. Has lowered their 10 year fixed rate to 5.25%. This is the lowest 10 year fixed I've ever seen. ING. Has pulled out of the broker market. I don't know of any brokers who used HSBC.

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drumhellermortgages.blogspot.com

1

Drumheller Mortgages: January 2009

http://drumhellermortgages.blogspot.com/2009_01_01_archive.html

Tuesday, January 27, 2009. 2009 Canadian Budget Highlights. The 2009 Budget has been announced. Assuming it gets passed, there are some interesting mortgage/real estate related items. They include:. 1) An up to $750 tax credit towards a first time buyer’s home purchase. A 15% tax credit is applied to closing costs (legal fees, land transfer taxes, etc.) up to $5000. See Rob Carrick from the Globe and Mail's take on this here. Thursday, January 22, 2009. Refinancing: A Quick Way To Save Money. You purchas...

2

Drumheller Mortgages: December 2008

http://drumhellermortgages.blogspot.com/2008_12_01_archive.html

Tuesday, December 9, 2008. Today the Bank of Canada announced a .75% rate cut, with the overnight rate falling to 1.5%. This is the lowest level since 1958, and the second lowest level in history. According to the Bank’s press release. The big banks have responded with a reduction of their prime rates from 4.0% to 3.5%. It looks like this cut won’t make much difference in fixed rate loans, since lenders were already pricing in a half point cut. While we were seeing variable rates start to creep...While a...

3

Drumheller Mortgages: Bank of Canada Lowers Again

http://drumhellermortgages.blogspot.com/2009/01/bank-of-canada-lowers-again.html

Tuesday, January 20, 2009. Bank of Canada Lowers Again. Today the Bank of Canada announced. A 050% cut in their overnight lending rate to 1.00%. According to the Bank's press release: "The outlook for the global economy has deteriorated since the Bank's December interest rate announcement, with the intensifying financial crisis spilling over into real economic activity. Heightened uncertainty is undermining business and household confidence worldwide and further eroding domestic demand.".

4

Drumheller Mortgages: March 2009

http://drumhellermortgages.blogspot.com/2009_03_01_archive.html

Tuesday, March 17, 2009. I'm on Twitter, yo! Is that what the kids say? Follow me here: http:/ twitter.com/nelsmi. Monday, March 16, 2009. Fixed rates haven't moved much since the Bank of Canada's latest rate cut on March 3rd. A few lenders lowered 5 year fixed rates a bit, but all in all it was a pretty uneventful rate cut. Has lowered their 10 year fixed rate to 5.25%. This is the lowest 10 year fixed I've ever seen. ING. Has pulled out of the broker market. I don't know of any brokers who used HSBC.

5

Drumheller Mortgages: Mortgage Insurance Basics

http://drumhellermortgages.blogspot.com/2009/03/mortgage-insurance-basics.html

Monday, March 2, 2009. One of the most confusing part of getting a mortgage for most consumers is mortgage insurance. Here's a quick overview:. Mortgage default insurance is required for mortgages with less than 20% as a down payment. Mortgage insurance is provided primarily by CMHC. But is also provided by Genworth. Mortgage insurance fees range from 1% of the purchase price to up to over 3%. This fee is added to the principal of the loan. For rental properties, mortgage insurance fees are even higher.

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drumhellermortgages.blogspot.com

Drumheller Mortgages

Tuesday, March 17, 2009. I'm on Twitter, yo! Is that what the kids say? Follow me here: http:/ twitter.com/nelsmi. Monday, March 16, 2009. Fixed rates haven't moved much since the Bank of Canada's latest rate cut on March 3rd. A few lenders lowered 5 year fixed rates a bit, but all in all it was a pretty uneventful rate cut. Has lowered their 10 year fixed rate to 5.25%. This is the lowest 10 year fixed I've ever seen. ING. Has pulled out of the broker market. I don't know of any brokers who used HSBC.

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