Archive for December, 2009
News 1130 is reporting a 252 percent increase in Nov 09 over Nov 08. Hard to believe considering the public outlook not that long ago. I guess we will all move forward with guarded optimism on what all these numbers mean in regards to the future.
12.15.2009| Mortgage News | mark
There is a article on The Province.com re the BOC and the worries they have about rising household debt. They say the levels are historically high! I welcome any thoughts on this?
12.10.2009| Mortgage News | mark
The BOC made their rate announcement yesterday with no change as expected. The article can be found at www.bank-banque-canada.ca
12.8.2009| Mortgage News | mark
According to Mortgage Broker News, US rates hit 38 year low! WOW Strange to think that there was still room for them to drop.
12.7.2009| Mortgage News | mark
I wonder if the positive news of late will show through in the BOC announcement today. All the major players are saying no change but they are more so listening for hints of a positive attitude and how that may play in over the short term. Can you feel the anticipation?
12.7.2009| Mortgage News | mark
There is a very encouraging article from the REBGV that was posted on their site Dec 02! Optimistic views and positive stats are showing up all over the place, from employment to home sales. This is all good news to the equity lending/private lending sector of the mortgage market.
12.4.2009| Mortgage News | mark
Here is a short look at an article from News 1130 this morning! www.news1130.com looks like the most jobs were created last month than any other month this year. Wow, hopefully a sign of good things to come.
12.4.2009| Mortgage News | mark