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CanEquity Mortgage News
The Latest Mortgage Related News, from CanEquity Mortgage.

CanEquity Mortgage News
  • Home purchase intentions full steam ahead: RBC poll
    TORONTO, Ontario, March 08, 2010 ? Homebuying momentum in Canada continues to gain steam with the portion of Canadians who are very likely to purchase a home in the next two years rising to 10 per cent from seven per cent two years ago, according to the 17th Annual RBC Homeownership Study. Younger Canadians, aged 18 to 24, will lead the charge this year, with those very likely to buy ?

  • February Housing Starts
    OTTAWA, Ontario, March 08, 2010 ? The seasonally adjusted annual rate 1 of housing starts reached 196,700 units in February 2010. This is an increase from an annual rate of 185,400 units in January 2010, according to Canada Mortgage and Housing Corporation (CMHC). ?The gain in February housing starts was concentrated in the multiple starts segment, particularly in Toronto,? ?

  • Housing Activity Stronger in 2010
    OTTAWA, Ontario, March 02, 2010 ? Housing starts rebounded in the second half of 2009 and will strengthen in 2010, according to Canada Mortgage and Housing Corporation?s first quarter Housing Market Outlook, Canada Edition*. Following a total of 149,081 units in 2009, housing starts are expected to be in the range of 152,000 to 189,300 units in 2010, with a point forecast of ?

  • Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010
    OTTAWA, Ontario, March 02, 2010 ? The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The ongoing global economic recovery is being driven largely by strong domestic demand growth in many emerging-market economies and supported in advanced economies ?

  • RBC Canadian Consumer Outlook Index rises in February as Canadians feel more positive about the national economy
    TORONTO, Ontario, March 01, 2010 ? The February RBC Canadian Consumer Outlook Index rose three points to 109 from 106 in January, as consumers were more positive about their outlook for the Canadian economy. This is the highest level the index has reached since it was established in November 2009. Canadians remain divided when considering the overall state of the economy. However, the ?