Real Estate In Red Deer & Area
Real Estate in Red Deer, Jon & Denise Nichols Real Estate in Red Deer, Jon & Denise Nichols

Category

“Mortgage”

Boc Interest Rate Oct 2016

BOC Raises Interest Rate

- Bank of Canad has increased the overnight rate to 1.75% which means Prime has increased to 3.95%. In a widely anticipated move, the Bank of Canada (BoC) raised its trend-setting interest rate by a quarter of a percentage point to 1.75 per...

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R Cmhc Ndp Large570

What's Driving Canadian Homebuyers?

- Mortgage rule changes and increasing interest rates—surprisingly—weren’t the top motivators for prospective homebuyers in 2017, according to a new survey from the Canada Mortgage and Housing Corporation (CMHC). Instead, the 2018...

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Poloz Boc

Bank of Canada hikes key interest rate to 1.25%

- Well, the BOC has done it for the third time since last summer. The key lending rate has gone up by a quarter percentage point to 1.25 per cent this morning. The bank's rate has an impact on rates that Canadians get from retail banks for...

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Mogo Mortgage Pay Off Web

How to pay your mortgage off faster

- Buying a home is one of the best investments you can make and the best way to build equity.Buying a home is one of the best investments you can make and the best way to build equity. Regardless, your 25 year mortgage amortization period...

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Mortgage Alliance

Coming Soon! New Mortgage Qualifications

- Changes to qualification requirements for conventional Mortgages Current guidelines -         Borrowers qualify at a payment based on the contracted interest rate New Guidelines as of January 1, 2018 -         Borrowers...

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Bank Of Canada

Bank of Canada holds rates steady at 1%.

- On October 25, 2017, the Bank of Canada announced it was keeping its trend-setting overnight lending rate on hold at 1%. The rate rose by 0.25% in July and again in September.  Since then, the Bank has cautioned that future interest rate...

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New Mortgage Rules

OSFI Unveils New Stress-Test Rules

- Another stress test announced today in the mortgage industry.  Be prepared for more changes in how you qualify for a mortgage come Jan 1, 2018 to those people that have 20% down.Read below and click on the link for more information or...

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Bank Canada

BOC has done it again

- Prime rate has increase yet again from 2.95% to 3.20% as of today.  RBC was the first bank to increase their prime with other banks following.Click here to read more about this change or contact us today to find out this will affect you.

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Jon Nichols

Jon Nichols
Century 21 Advantage
Phone: 403.302.0800
Email:

Denise Nichols

Denise Nichols
Century 21 Advantage
Phone: 403.302.9498
Email:

Jez Nichols

Jez Nichols
Century 21 Advantage
Phone: 403.392.7002
Email: