Tagged: Variable Rate Mortgages

Is now a good time to buy a home?

Is now a good time to buy a home?

If you’re tired of renting and have always wanted a home you could call your own, but thought the opportunity was just beyond your reach because of economic factors, here are some things to consider if you are thinking about taking the home ownership plunge.

Vancouver Real Estate Sold

Home sales, prices up in September

Housing sales rose in September for a second straight month while average prices reversed the falling trend with a 1.9% increase from August, the Canadian Real Estate Association said Friday.

Bank of Canada

Bank of Canada boosts overnight lending rate

Bank of Canada governor Mark Carney raised the overnight lending rate a quarter percentage point on Wednesday morning, in line with most analysts’ expectation.

Carney raised the trend-setting rate from 0.75 per cent to an even 1 per cent.