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Bank of Canada keeps Interest Rates at 1 percent

2013-07-19 | 12:13:58

Newly-appointed Bank of Canada Governor Stephen Poloz held the bank’s trend-setting overnight rate at 1%, and signaled that consumers and homebuyers need not worry about borrowing costs shooting up anytime soon. Poloz, who took over from...

Calgary Region New Home Prices on the Rise

2013-05-13 | 10:14:25

Calgary region new home prices on the riseTop contributor in March to national advanceCALGARY — The Calgary region was the top contributor in March to the increase in new home prices across the country, says Statistics Canada.The federal agency...

Edmonton Real Estate Prices Up 2% From Last Year

2013-05-08 | 12:31:39

Edmonton Real Estate Market Snapshot, April 2013There were 1645 residential sales in the Greater Edmonton area in April. This is about equal to last April when 1656 homes sold, and up from 1501 in March.Edmonton Real Estate SalesEdmonton Real Estate...

Fixed or Variable?

2009-11-19 | 09:59:17

It’s the question Canadian home owners are obsessing over: Should I stay fixed or go variable? Historically, borrowers have saved money by choosing a variable mortgage product, according to a report from BMO Capital Markets. But a risk of a...