Mortgage Blog - Mortgage Statistics
CAAMP Stats - February 2012
February 1, 2012 by Jennifer Rochford
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
To view the latest stats regarding the following, click here.
Bank of Canada Interest Rate
Government of Canada Bonds
Bank Prime Lending Rate
Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
US Federal Reserve Board Discount Rate
Exchange Rate $CDN($US)
CAAMP Stats - January 2012
January 4, 2012 by Jennifer Rochford
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
To view the latest stats regarding the following, click here.
Bank of Canada Interest Rate
Government of Canada Bonds
Bank Prime Lending Rate
Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
US Federal Reserve Board Discount Rate
Exchange Rate $CDN($US)
Note that the average resale price in Edmonton came in at $ 319,559 and in Calgary, it was $398,722.
Read more »CAAMP Stats - November 2011
November 2, 2011 by Jennifer Rochford
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Click here to see the most recent stats in regards to the following:
Bank of Canada Interest Rate
Government of Canada Bonds
Bank Prime Lending Rate
Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
US Federal Reserve Board Discount Rate
Quarterly Affordability Housing Index
Exchange Rate $CDN($US)
Read more »October 2011 CAAMP Statistics
October 13, 2011 by Jennifer Cookson
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Click here to see the most recent stats regarding the following:
Bank of Canada Interest Rate
Government of Canada Bonds
Bank Prime Lending Rate
Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
US Federal Reserve Board Discount Rate
Quarterly Affordability Housing Index
Exchange Rate $CDN($US)
April 2011 CAAMP Statistics
April 7, 2011 by Jennifer Cookson
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Click here to read the latest stats regarding the following:
Bank of Canada Interest Rate
Exchange Rate $CDN($US)
Bank Prime Lending Rate
Government of Canada Bonds
Conventional Mortgage – 5 Year Rate
Total New Housing Starts
US Federal Reserve Board Discount Rate
Average MLS® Resale Price for Local Markets
Read more »March 2011 CAAMP Stats
March 3, 2011 by Jennifer Cookson
OK, class – time for charts and graphs! Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers. It may sound all very boring and threaten to take you back to the mind numbing days of Math 20, but it’s worth a glance and here’s why – there are colored bars. I’m always a sucker for colored bars and numbers in grids! You?? No? Well, that’s disappointing but you may prefer all the useful information like:
Bank of Canada Interest Rate
Government of Canada Bonds ...
CAAMP Stats Shed Light on Canadian Housing Affordability
December 1, 2010 by Gordon McCallum
The Canadian Association of Accredited Mortgage Professionals (CAAMP) released their latest statistics earlier today and one of the most interesting to me was a table produced by RBC doing a quarterly analysis of housing affordability across this great country of ours.
It’s important to have tools and research like this, because often we simply look at average house prices in a market and determine for ourselves, without doing our homework, whether or not prices are too high or too low.
Price is one important determinant, but of course, affordability is most important because it takes into account prices AND ...
Read more »CAAMP Releases Annual Mortgage Market Report
November 9, 2010 by Jennifer Cookson
CAAMP, a national organization representing Canada’s mortgage industry, has released it’s Annual State of the Residential Mortgage Market in Canada Report and the results are, for the most part, positive.
Here are the major highlights of the report:
• The vast majority of Canadians with mortgages are able to afford at least a $300
increase in their monthly mortgage payments.
• One in three (35 per cent) mortgage holders have either increased their payments or
made a lump sum payment on their mortgage in the last year.
• 89 per cent of Canadian homeowners have at least 10 per cent equity ...
Read more »September 2010 Mortgage and Housing Stats
September 9, 2010 by Jennifer Cookson
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Click here to check out the latest statistics which include:
Bank of Canada Interest Rate
Government of Canada Bonds
US Federal Reserve Board Discount Rate
Bank Prime Lending Rate Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
MLS® Home Sale Prices
Exchange Rate
More good news for Alberta! It seems that Alberta is experiencing the largest increase in housing starts among all prairie provinces this year. A 35 per ...
Read more »August 2010 CAAMP Statistics
August 10, 2010 by Dania Spillett
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Click here to check out the July 2010 statistics which include:
Bank of Canada Interest Rate
Government of Canada Bonds
US Federal Reserve Board Discount Rate
Bank Prime Lending Rate Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
MLS® Home Sale Prices
Exchange Rate
Canadian vs. American Credit Comparison
July 14, 2010 by Dania Spillett
To follow up on my previous post about maintaining your credit score, I decided it would be good to give a snapshot of how Canadians are doing in regards to keeping a higher, less risky credit rating.
The Financial Post published an article today that summarizes the statistical findings. FICO, the U.S. credit agency shared that 25% of Americans have a credit score below 600 and anyone with a rating under 600 is considered a high risk to lenders. TransUnion (one of two credit reporting agencies in Canada) determined that from 2005–2009, fewer Canadians have been scoring above ...
Read more »Fixed Rate Average Since 1957
July 8, 2010 by Gordon McCallum
Sometimes we hear people say something like “Four and a quarter percent? Wow, is that ever HIGH!” which causes us to involuntarily raise an eyebrow or scratch our heads.
The challenge we have in the mortgage business is sometimes about managing expectations. You see, when interest rates were bumping along at 5.5%, a drop to 4.99% was considered really good!
Fast forward a couple of years, and now that rates have been under four percent for awhile, the fact that they had recently gone up to the low to mid fours really upset some people who were quick ...
Read more »July 2010 CAAMP Statistics
July 8, 2010 by Dania Spillett
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Click here to check out the July 2010 statistics which include:
Bank of Canada Interest Rate
Government of Canada Bonds
US Federal Reserve Board Discount Rate
Bank Prime Lending Rate Total New Housing Starts
Conventional Mortgage – 5 Year Rate
Average MLS® Resale Price for Local Markets
MLS® Home Sale Prices
Exchange Rate
June 2010 CAAMP Statistics
June 3, 2010 by Dania Spillett
Every month we publish the statistics that the Canadian Association of Accredited Mortgage Professionals (CAAMP) sends us as a service to our readers.
Welcome to the June issue of CAAMP Stats. To find out more about CAAMP, visit www.caamp.org
| April 20, 2010 | 0.25 % |
| June 1, 2010 | 0.50 % |
| July ... |
Low Variable Rates Should Carry Warning
November 18, 2009 by Gordon McCallum
Mortgagebrokernews.ca has a good article about why low variable rates should carry a warning.
I would tend to agree with this, which is why the majority of our current customers are being advised to choose a fixed rate rather than a variable. Historically that wasn’t always the case, but the strategy has to fit the times, and right now I’m supremely confident that the fixed-rate is a better choice for most. Of course, there are always exceptions…
Tell us what you think! What are your reasons for choosing fixed, variable, or a hybrid? The statistics show that ...
Read more »March 2009 Mortgage and Housing Statistics
March 3, 2009 by Shayla Damery
On March 4th, 2009, the Canadian Association of Accredited Mortgage Professionals (CAAMP) released their February issue of CAAMP Stats. The publication includes information such as the Bank of Canada Interest Rate, the US Federal Reserve Discount Rate, new housing starts, and more. To view the full publication, please see below.
To learn more about CAAMP, please visit their website.
To see the breakdown of the CAAMP statistics, please click on this link. You will be prompted to view a .pdf file.
Read more »February 2009 Mortgage and Housing Statistics
February 4, 2009 by Shayla Damery
On February 4th, 2009, the Canadian Association of Accredited Mortgage Professionals (CAAMP) released their February issue of CAAMP Stats. The publication includes information such as the Bank of Canada Interest Rate, the US Federal Reserve Discount Rate, new housing starts, and more. To view the full publication, please see below.
To learn more about CAAMP, please visit their website.
To see the breakdown of the CAAMP statistics, please click on this link. You will be prompted to view a .pdf file.
Read more »January 2009 Mortgage and Housing Statistics
January 9, 2009 by Shayla Damery
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November 4, 2008 by Shayla Damery
On November 4th, 2008, the Canadian Association of Accredited Mortgage Professionals (CAAMP) released their November issue of CAAMP Stats. The publication includes information such as the Bank of Canada Interest Rate, the US Federal Reserve Discount Rate, new housing starts, and more. To view the full publication, please continue reading.
To learn more about CAAMP, please visit their website.
To see the breakdown of the CAAMP statistics, please click on this link. You will be prompted to view a .pdf file.
September 2008 Mortgage and Housing Statistics
October 3, 2008 by Shayla Damery
On October 3rd, 2008, the Canadian Association of Accredited Mortgage Professionals (CAAMP) released their October issue of CAAMP Stats. The publication includes information such as the Bank of Canada Interest Rate, the US Federal Reserve Discount Rate, new housing starts, and more. To view the full publication, please continue reading.
To learn more about CAAMP, please visit their website.
Read more »
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