OTTAWA, Ontario, March 04, 2008 — The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of one percentage point to 3 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 3/4 per cent.
Information received since the January Monetary Policy Report Update (MPRU) indicates that economic …
CALGARY, Alberta, March 05, 2008 — CanEquity Mortgage started with a vision to expand the Canadian mortgage market and to become a front-runner with major banking institutions. In six short years, CanEquity has become one of the fastest growing mortgage companies in Canada and their recent partnership with Axiom Mortgage Partners (http://www.axiommortgage.ca/) will enable the Calgary based …
Mortgage rates continued to move upwards during the
week ended February 28 according to the Primary Mortgage Market Survey
report released by Freddie Mac.
At least there will be some people who will not suffer unduly from the
subprime mortgage mess - even if they played a role in creating it.