On Wednesday, November 12, Ottawa agreed to help out Canadian banks that are being affected by the adverse changes in the credit markets. The measures that Ottawa will be taking… Read it »
Over the past month or so, we’ve seen both variable/adjustable mortgage rates and fixed mortgage rates increase, due to the higher cost of funding on the lenders’ side of things.… Read it »
Please note First Foundation will be closed on November 11th, 2008 to remember our heroes. In Flanders fields the poppies blow Between the crosses, row on row, That mark our… Read it »
Just wanted to share a quick bit of news. One of our lenders just dropped their three and four year interest rates to 5.24% and 5.34% respectively. Not a bad… Read it »
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… Read it »
An interesting article surfaced at the National Post yesterday. It centers around the Canadian Real Estate Association (CREA) and its claim that, although the national average sale price of homes… Read it »