BREAKING NEWS FROM THE GLOBE AND MAIL KEVIN CARMICHAEL Tuesday, July 15, 2008 OTTAWA — The Bank of Canada left its benchmark interest rate at 3 per cent and predicted raging oil and food prices would cause inflation to surge past 4 per cent by early next year. Governor Mark Carney and his five deputies […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-07-15 21:35:402008-07-15 21:35:40BoC remains on hold as inflation fears rise
Are you worried because of all the instability in the U.S banking system? The sub prime melt down, foreclosures and the long list of banks closing their doors. Do you think that we are immune up here in Canada? Well we are and we aren’t, let me explain. Well thanks to the fact that our […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-07-14 23:17:192008-07-14 23:17:19Glad you're not affected by the USA mortgage meltdown? Think again!!
ELLEN ROSEMAN The 40-year mortgage, launched just over two years ago, will probably expire in October. Back in April 2006, Genworth Financial Canada was the first to insure residential mortgages in Ontario that were paid back over 40 years. Soon, all of Canada’s mortgage insurers will have to underwrite mortgages paid back over 35 years […]
The Canadian Press July 10, 2008 at 4:04 PM EDT OTTAWA — The Bank of Canada should move to head off inflation in the country by raising interest rates next week for the first time in a year, says a consensus view by a deeply divided panel of nine economists associated with the C.D. Howe Institute. […]
I just finished reading this on the Globe and Mail site. I am putting it here because I do not agree with it. Please feel free to send me your comments. Thanks Pat LORI MCLEOD AND KEVIN CARMICHAEL From Thursday’s Globe and Mail July 9, 2008 at 8:16 PM EDT OTTAWA — […]
At least two-dozen times a week we have people call us and ask, “What’s your rate on a 5 year fixed rate?” Most times when we try to get additional information from the potential borrower. Unfortunately, for both the caller, and us they don’t want to tell us anything. “I already know what I want, […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-07-07 23:51:422008-07-07 23:51:42Why you will not see mortgage rates on this site!
BoC remains on hold as inflation fears rise
BREAKING NEWS FROM THE GLOBE AND MAIL KEVIN CARMICHAEL Tuesday, July 15, 2008 OTTAWA — The Bank of Canada left its benchmark interest rate at 3 per cent and predicted raging oil and food prices would cause inflation to surge past 4 per cent by early next year. Governor Mark Carney and his five deputies […]
Glad you're not affected by the USA mortgage meltdown? Think again!!
Are you worried because of all the instability in the U.S banking system? The sub prime melt down, foreclosures and the long list of banks closing their doors. Do you think that we are immune up here in Canada? Well we are and we aren’t, let me explain. Well thanks to the fact that our […]
Say goodbye to 40-year mortgages!
ELLEN ROSEMAN The 40-year mortgage, launched just over two years ago, will probably expire in October. Back in April 2006, Genworth Financial Canada was the first to insure residential mortgages in Ontario that were paid back over 40 years. Soon, all of Canada’s mortgage insurers will have to underwrite mortgages paid back over 35 years […]
Bank of Canada urged to raise interest rates
The Canadian Press July 10, 2008 at 4:04 PM EDT OTTAWA — The Bank of Canada should move to head off inflation in the country by raising interest rates next week for the first time in a year, says a consensus view by a deeply divided panel of nine economists associated with the C.D. Howe Institute. […]
Ottawa tightens mortgage rules to avoid 'bubble'
I just finished reading this on the Globe and Mail site. I am putting it here because I do not agree with it. Please feel free to send me your comments. Thanks Pat LORI MCLEOD AND KEVIN CARMICHAEL From Thursday’s Globe and Mail July 9, 2008 at 8:16 PM EDT OTTAWA — […]
Why you will not see mortgage rates on this site!
At least two-dozen times a week we have people call us and ask, “What’s your rate on a 5 year fixed rate?” Most times when we try to get additional information from the potential borrower. Unfortunately, for both the caller, and us they don’t want to tell us anything. “I already know what I want, […]