The chief economists of the National Association of Realtors®
(NAR) on Thursday predicted that sales of
existing homes will probably remain flat through late spring and
then begin a gradual recovery during the second half of 2008.
The Federal Reserve on Thursday announced that, in 2007, American
ownership in their homes as measured by equity fell below 50 percent for
the first time since records were first kept in 1945.
CALGARY, Alberta, March 06, 2008 — During the first week of March, CanEquity Mortgage (www.canequity.com) has continued to reduce their short-term mortgage interest rates to reflect the drop in prime rate. CanEquity is a nationally licensed Canadian mortgage brokerage with access to approximately 75 lenders and trust companies. CanEquity will continue to find the lowest mortgage rates …
The Mortgage Bankers Association announced today that mortgage activity jumped last week.