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Montreal Mortgage Watch

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1

Montreal Mortgage Watch: Home Prices Climb Again

http://mortgage-montreal.blogspot.com/2010/03/home-prices-climb-again.html

Home Prices Climb Again. By alex 7:56 AM in canada home prices. Kept climbing in January, rising 0.4 percent from the previous month as expected, according to Statistics Canada on Thursday. On a monthly basis, the housing-only component of the new housing price index rose by 0.5 percent and the land-only component edged up 0.1 percent. New home prices firmed 0.1 percent in January from a year earlier, the first year-over-year rise since December 2008. Subscribe to: Post Comments (Atom). Biggest U.S&#...

2

Montreal Mortgage Watch: August 2009

http://mortgage-montreal.blogspot.com/2009_08_01_archive.html

TD Bank Profit Decline. By alex 2:42 PM in canada housing market. TD Bank Financial Group (TSX:TD) reported a decline. In third-quarter profits Thursday and warned of trouble ahead as difficult economic conditions weakened the performance of some of the bank's U.S.-based operations. It's unlikely that this level of earnings can be maintained," admitted TD chief executive Ed Clark in a conference call Thursday. The bank said adjusted earnings rose 17 per cent to $1.3 billion or $1.47 per share fro...TD sa...

3

Montreal Mortgage Watch: November 2009

http://mortgage-montreal.blogspot.com/2009_11_01_archive.html

Prepare For Higher Mortgage Rates. By alex 6:31 AM in Canadian housing market. The Canadian housing market. Has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates. But rates this low - 5.59 per cent for a five-year fixed-rate mortgage and 2.25 per cent for a five-year variable-rate mortgage. At one bank - can't last forever, and experts are advising borrowers to prepare for higher rates. Within the next 12 months.

4

Montreal Mortgage Watch: July 2009

http://mortgage-montreal.blogspot.com/2009_07_01_archive.html

Scheme To Guarantee Mortgages. By alex 10:32 AM in risky mortgages. First time home buyers. Could be thrown a lifeline under plans being considered by the Treasury to underwrite 'risky' mortgages. Allowing people with only small deposits to buy homes. Since the credit crunch. Took hold, banks have demanded far tougher criteria for lending, asking buyers to provide between 25% and 30% of the price of a home as a deposit. Which suggest that the Canadian housing market. The amount of money flowing in the fi...

5

Montreal Mortgage Watch: March 2010

http://mortgage-montreal.blogspot.com/2010_03_01_archive.html

By alex 7:16 PM in Core inflation. Canadians could be facing higher interest rates sooner than previously thought as a result of stubborn inflation and stronger economic growth. Bank of Canada Mark Carney said Wednesday. Carney did not declare higher rates were on the way, but issued his clearest signal to date that his year-old commitment to keep the policy rate at the record 0.25 per cent until July was "expressly conditional" on inflation remaining tame. They still have considerable latitude, but the ...

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By alex 3:35 PM in Canadian housing market. Canadian Real Estate Association. Country’s real estate. Rise in residential real estate. Canadian CEOs don’t think that the country’s real estate. Market is in a bubble, but that doesn’t mean they’re optimistic about further growth. A recent Compas Inc. poll shows that business leaders expect a rise in residential real estate. Like the executives polled, the Canadian Real Estate. The Canadian housing market. But according to the chief executives, the housing m...

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