Don’t Lock In - Mortgage Rates Are Coming Down!
Добавлено: 24 авг 2006, 11:01
... ну не так все плохо oblom .. eh?
VANCOUVER – Canada's lower inflation rate, nearly 2% lower than the United States' economy is generating, will allow the Bank of Canada to steer a lower course on interest rates. Much of the credit to the lower inflation rate can be attributed to the stronger loonie.
With core inflation much lower in Canada, the Bank of Canada may have to lower rates further here due to the strong Canadian Dollar weighing heavily on non-resource exporters. The prediction is for Prime to fall from its current level of 6.00% to 5.25% by June 2007.
So basically low and even lower interest rates for fixed rate mortgages as well as variable rate mortgages being predicted for the remainder of 2006 and all of 2007 will continue to support a strong real estate and housing market in Canada."
This report provided by First Line Mortgages (CIBC)

VANCOUVER – Canada's lower inflation rate, nearly 2% lower than the United States' economy is generating, will allow the Bank of Canada to steer a lower course on interest rates. Much of the credit to the lower inflation rate can be attributed to the stronger loonie.
With core inflation much lower in Canada, the Bank of Canada may have to lower rates further here due to the strong Canadian Dollar weighing heavily on non-resource exporters. The prediction is for Prime to fall from its current level of 6.00% to 5.25% by June 2007.
So basically low and even lower interest rates for fixed rate mortgages as well as variable rate mortgages being predicted for the remainder of 2006 and all of 2007 will continue to support a strong real estate and housing market in Canada."
This report provided by First Line Mortgages (CIBC)