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Mortgage Rates to Remain Historically Low

A combination of a strong Canadian dollar vis-à-vis the U.S. dollar and modest GDP growth will help keep Canadian interest and mortgage rates low over the remainder of this year and in 2008. One, three and five-year posted mortgage rates are forecast...( Read More...

<STRONG><FONT color=#ce0000>Interest Rate Increases!</FONT> </STRONG>

In anticipation of the June inflation numbers being released July , the Canadian dollar gained strength to the highest level in nearly 30 years. The 10 year bond increased by 5 bps. What does this mean? There is going to be upward pressure on lenders Read More...