LATEST NEWS

01.19.10: 
Today the Bank of Canada announced that they are maintaining their overnight lending rate at 1/4 percent. Although total CPI was positive in the last quarter of 2009, a considerable amount of excess supply exists in the economy. Rates will be announced again on March 2, 2010.   

01.16.10:
The Canadian housing market saw home sales climb 7.7% from the previous year in December. December sales hit a record high, however CREA forecasts sales will still increase by 7% this year.

12.05.09:
U.S. 30 year and 15 year fixed rate mortgages fell to their lowest level in 38 years, according to a Freddie Mac weekly survey.