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CanEquity Mortgage News
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The Latest Mortgage Related News, from CanEquity Mortgage.
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Consumers expect home sale prices to decline, say construction and home builder sector weaker than a year ago: RBC Consumer Outlook Index
TORONTO, Ontario, September 02, 2010 ? From New York -The barrage of negative housing data in the past month has taken a toll on U.S. consumers, with 40 percent saying they expect the sale prices of homes in their neighborhood to decrease over the next year, compared to 31 percent who said this in August, according to the monthly RBC Consumer Outlook Index. Only one-quarter of Americans ?
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BMO Slashes Market-Leading Five Year Mortgage Rate By 20 Bps to 3.59 Per Cent
TORONTO, Ontario, September 01, 2010 ? BMO announced today it is decreasing its popular five-year low rate mortgage from 3.79 per cent to 3.59 per cent* effective September 2, 2010.
The move will provide home buyers just the incentive they need to kick-start the fall house-hunting season with a renewed fervour.
?It?s a great time to buy a home,? said Martin Nel, Vice ?
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