Friday
July 30, 2010
1 Year Closed : 2.54 %
3 Year Closed : 3.50 %
5 Year Closed : 3.89 %
Bad Credit Repair
Edmonton Mortgage
Suggested Resources
News & Articles
Links
Rate Club

News & Articles


TMG The Mortgage Group Canada celebrates a milestone - Tuesday, July 27, 2010
VANCOUVER, BC - For twenty years, TMG has been an advocate for the mortgage broker channel - building strong relationships with lenders and mortgage brokers alike.   Started with little fanfare in 1990, TMG The Mortgage Group is excited to be ...
 Read Full Article

Survey may pave way for interest rate hike - Tuesday, July 13, 2010
 OTTAWA - Canadian firms are giving the recovery a vote of confidence in a key quarterly survey, paving the way for the Bank of Canada's expected interest rate hike next week.The central bank's quarterly survey, released ...
 Read Full Article

Sales will Stabalize in 2nd Half - Thursday, July 08, 2010
Canada home prices, sales seen stabilizing in 2nd half   Wed Jul 7, 2:21 PM        TORONTO (Reuters) - Sales of Canadian homes should slow in the second half of the year from the blistering pace set in the firs ...
 Read Full Article

Economic Confidence Growing - Wednesday, July 07, 2010
Economic confidence growing: RBC Canadian Consumer Outlook Index Two thirds concerned about rising interest rates TORONTO, Ontario, July 02, 2010 - Optimism is on the upswing across the country with a majority of ...
 Read Full Article

Bay Street still betting on July rate hike - Monday, June 21, 2010
OTTAWA -- Bay Street economists are betting the Bank of Canada will raise interest rates again in July even though the central bank governor reinforced Wednesday that more hikes are no sure bet as aggressive budget-cutting measures in Europe threat ...
 Read Full Article

Canada's Regional Economic Momentum to Continue - Wednesday, June 16, 2010
Canada's Regional Economic Momentum to ContinueTORONTO, June 16 /CNW/ - Virtually every province and sector of the Canadian economy has rebounded sharply, building on the momentum that first emerged in the latter half of 2009 and accelera ...
 Read Full Article

Ask the Broker: How will HST impact the sale/purchase of my house? - Saturday, June 12, 2010
Effective July 1, the much-talked-about Harmonized Sales Tax (HST) will come into full effect in Ontario, blending the GST and the PST into a single 13% tax. For businesses, the HST brings relief, as it transfers some burden to consumers. Under the ...
 Read Full Article

Canadians have mortgages on their minds - Friday, May 14, 2010
As the Canadian economy begins to show signs of growth, results of TNS Canadian Facts' economic tracking survey, TNS Vibe, indicate that intentions to purchase a house or condo have risen to 14 per cent nationally, compared to 11 per cent last Se ...
 Read Full Article

Homebuyers e-Valuate Mortgage Options - Tuesday, April 27, 2010
OTTAWA, ON, April 26, 2010 /JAC/ - The 2010 Mortgage Consumer Survey, released today by Canada Mortgage and Housing Corporation (CMHC), shows that the Internet has become an important resource for first-time homebuyers with 89 per cent indi ...
 Read Full Article

Bank of Canada maintains overnight rate target at 1/4 per cent - Tuesday, April 20, 2010
OTTAWA -The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. Global economic growth has been somewhat str ...
 Read Full Article

Mortgage brokers taking a closer look at who is buying - Thursday, April 01, 2010
The Bank of Canada warned in late 2009 up to 10 per cent of Canadian homeowners might be in danger of losing their homes when interest rates started to rise from today's historic lows. Is Canada heading down the same path as our neighbours to ...
 Read Full Article

CIBC, National Bank raise mortgage rates - Wednesday, March 31, 2010
Experts are encouraging homeowners make lump sum payments on their mortgages after several of Canada's major banks raised residential fixed mortgages rates. Similar to the RBC and TD Canada Trust announcements Monday, CIBC, National Bank and Sco ...
 Read Full Article

Royal Bank and TD Canada Trust increase rates slightly - Monday, March 29, 2010
Royal Bank and TD Canada Trust announced Monday they are increasing several fixed mortgage rates by up to 6/10ths of a percentage point. The biggest jump is attached to the popular five-year fixed closed rate, which moves from 5.25 per cent to 5.8 ...
 Read Full Article

Should you break your mortgage? - Monday, March 29, 2010
With some fixed mortgage rates about to head higher, a lot of Canadians will be thinking that if there's ever a good time to get pre-approved or lock in their variable rate mortgage, this is it. What about people who already have a mortgage? Wou ...
 Read Full Article

Canada's housing boom will continue this spring - Thursday, March 25, 2010
Canada's housing boom will continue this spring as exceptionally low mortgage rates - and the expectation that borrowing costs will soon be headed higher - add a sense of urgency to consumer buying. A Scotiabank global real estate trends re ...
 Read Full Article

Bank of Canada maintains overnight rate target at 1/4 per cent - Tuesday, March 02, 2010
OTTAWA - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quart ...
 Read Full Article

New Mortgage Lending Rules - Thursday, February 18, 2010
New Mortgage Rules  On April 19 our government will lay down three major rule changes to "prevent" a housing-price bubble and keep homeowners from getting "overextended." These new rules apply to government- ...
 Read Full Article

New mortgage rules introduced to lessen mortgage crunch risks: sources say - Tuesday, February 16, 2010
OTTAWA - The federal government is expected to announce new rules Tuesday that would make it more difficult for first-time buyers to enter Canada's hot housing market. Sources have told The Canadian Press that Finance Minister Jim Flaherty is re ...
 Read Full Article

Canadian banks step carefully towards U.S. expansion - Thursday, February 04, 2010
Some of Canada's largest banks are planning expansion in 2010 but are treading uncharted waters carefully as U.S. economic recovery remains "tepid." Executives from Toronto-Dominion Bank, Bank of Montreal, National Bank of Canada and the ...
 Read Full Article

An interest rate hike this summer? - Wednesday, January 27, 2010
Globe & Mail - by David Rosenberg Don't count on it. For the Bank of Canada to raise rates before the middle part of 2011 would be totally inconsistent with its current forecastCanadian market watchers will get some good news this week. The p ...
 Read Full Article

Economy will turn corner in 2010, survey says - Sunday, January 10, 2010
Although more than three-quarters of Canadians still believe we are in recession, more than half believe 2010 will be the year the economy turns around, a huge increase compared to 2009, an Economic Club of Canada/Pollara Strategic Research poll show ...
 Read Full Article

New home prices rise 0.3 per cent in October - Thursday, December 17, 2009
OTTAWA - Prices for new homes in Canada rose 0.3 per cent in October after a 0.5 per cent increase the previous month. It was the fourth straight monthly gain in the federal agency's new-home price index, although the increase was slightly b ...
 Read Full Article

Bank of Canada welcomes initiative to improve infrastructure for Canadian-dollar - Wednesday, December 16, 2009
OTTAWA - The Bank of Canada welcomes today's announcement by the Investment Industry Association of Canada (IIAC) that it has completed its selection process for a preferred vendor of central counterparty services for Canad ...
 Read Full Article

Nationwide home resales leap 41% year-on-year - Tuesday, November 17, 2009
Nationwide home resale figures for October have hit a record high leaping 41.5% year-over-year, according to figures from the Canadian Real Estate Association (CREA). "Low interest rates and upbeat consumer confidence continue to release the p ...
 Read Full Article

Housing market to improve in 2010: CMHC forecast - Tuesday, November 03, 2009
OTTAWA - Canada's national housing agency has upgraded its forecast for the new-housing market next year on the grounds that low mortgage rates will continue to make home ownership affordable, the economy will be better that previously thou ...
 Read Full Article


Home | Mortgage Options | Bad Credit Repair | Edmonton Mortgage | Suggested Resources | AAAMortgage Articles | Mortgage Application | Calculator | About me |Rates | News & Articles | Links | Rate Club | Contact Me | Privacy Policy

© 2010 www.aaamortgage.ca   780-953-0733    17527 107 Avenue Edmonton , AB., T5S-1E5

A proud member of TMG The Mortgage Group Canada Inc.