Washington -- Le taux moyen pour un crédit immobilier à taux fixe sur 30 ans aux États-Unis est à son plus bas depuis 1971, à 4,85 %, conséquence logique de la politique monétaire de la Réserve fédérale, selon l'organisme de refinancement hypothécaire Freddie Mac. L'immobilier a montré des signes de stabilisation en février, avec des ventes de logements anciens comme neufs qui ont … [Read more...]
8 Sources of the U.S Financial Crisis – How it all began.
December 11, 2008 By 5 Comments
How this economic crisis that began in the United States, and how did it happened? Between all the information being distribute around, on the easy to find among all the information gleaned on the left and right on the subject. Yet, as a real estate professional, you certainly raise questions about this, as we pose to ourselves. Peter Langlois, senior economist at The Federation of Chambers … [Read more...]
Canadian Interest Rates Morning Recap
April 24, 2008 By Leave a Comment
Interest rates drop half a point - The Star.com "Bank of Canada governor Mark Carney has signalled the need for lower consumer borrowing costs and hinted further interest rate cuts may be required to shield Canada from a worse-than-expected slowdown in the United States. For the second time in eight weeks, the Bank of Canada slashed its policy-setting overnight interest rate by half a percentage … [Read more...]
Morning Interest Rates Headlines
April 3, 2008 By Leave a Comment
Requirements loosened for rental investors [Montreal Gazette] No money down if lender satisfied. Tight market in some regions prompt CMHC changes. "Budding real-estate moguls will welcome the news that Canada Mortgage and Housing Corp. has relaxed the rules for would-be Donald Trumps to purchase investment properties with no money down.The changes apply to rental properties with a maximum of … [Read more...]
Subprime mortgage news update
February 26, 2008 By 1 Comment
Canada economy to slow, risks to downside - IMF (Reuters) Canadian economic growth will slow to 1.8 percent this year and there is a risk of an even sharper downturn as weakness in the U.S. economy spreads beyond the housing sector, the International Monetary Fund said in a report on Monday. After growing about 2.5 percent in 2007, Canada's healthy economy and fiscal standing will help it … [Read more...]
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