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| February 3, 2012 Are low fixed rates here to stay? |
| Fixed rates are at an all-time low and will likely stay low for some time to come. Some analysts predict that rates will remain stable through 2012 and perhaps well into 2013. Avery Shenfield, economist ... |
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| January 31, 2012 Study Shows Renters Could Drive 12% Increase in Homeownership In Next Two Years |
| Renters' strength and quality differentiate Canadians from US: expert Vancouver, BC - In a recent online study conducted by TNS Canada ... |
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| January 6, 2012 Three new appointments at TMG |
| In keeping with TMG The Mortgage Group's philosophy of promoting from within, we are pleased to announce the promotions for the following regional leaders effective January 1, 2012: Bud Jorgenson, ... |
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| December 16, 2011 Home sales up 4.6 per cent year-over-year in November |
| TORONTO - Canada's housing sector is edging closer to a sellers' market as sales and prices jumped again in November, but the number of listings dropped off.Home resales rose six per cent last ... |
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| December 6, 2011 The Bank of Canada maintaining its overnight rate at 1 per cent |
| The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. Uncertainty around the global economic outlook has increased in the weeks since the Bank released ... |
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| November 30, 2011 Mortgage break fees: The banks' gain is your pain |
| I took out a mortgage a couple of years ago. It was a five-year fixed mortgage at 3.50 per cent. As you may know from a previous column, I am concerned about where interest ... |
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| November 10, 2011 Bank of Canada could slash interest rates |
| As the nail biter in Europe continues this week, two economists are predicting the Bank of Canada will move to cut rates in a big way next year.Sheryl King, an economist at Bank of America Merril Lynch, ... |
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| November 8, 2011 Stable housing market for 2012 |
| The housing market in 2012 will remain stable barring any major economic pressures. According to the most recent Housing Market Outlook released by Canada Mortgage and Housing Corporation ... |
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| October 17, 2011 Mandatory Relicensing for Ontario Mortgage Professionals |
| The Financial Services Commission of Ontario (FSCO) has mandated that all mortgage brokers and agents, including agents employed by finance companies and principal brokers, ... |
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| October 6, 2011 Global economic crisis may have a silver lining in Canada |
| The ongoing financial woes in the US and in countries in Europe are one of the contributing factors to Canada's stable housing market and historically low interest rates, and these rates will continue ... |
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| September 26, 2011 OMAC and CMAC forms an alliance with TMG |
| OMAC (Ontario Mortgage Action Centre) in South-West Ontario and CMAC (Canadian Mortgage Action Centre) in Calgary have become an affiliate of the TMG network. With more than 20 locations and over 50 brokers ... |
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| September 20, 2011 Canadians realistic about household debt |
| In the past decade consumer confidence in Canada was much higher than what would be expected based on certain household fundamentals including ... |
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| September 9, 2011 August 2011 Housing Starts |
| OTTAWA, September 9, 2011 - The seasonally adjusted annual rate1 of housing starts was 184,700 units in August, according to Canada Mortgage and Housing Corporation (CMHC). This is down from 204,500 units ... |
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| September 7, 2011 The Bank of Canada maintains overnight rate at 1 per cent |
| The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The ... |
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| September 6, 2011 New Director of Sales for TMG in British Columbia |
| TMG The Mortgage Group Canada Inc. is pleased to announce Dan Pultr as Director of Sales for British Columbia. His unique experience on both sides of mortgage lending (prime and subprime), along with ... |
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| September 2, 2011 Lenders and their mortgage rates |
| Lately, lenders have been making changes to their mortgage rates and many in the industry are curious as to what is going on. Yes, mortgage rates are currently quite low and are likely to increase but ... |
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| August 30, 2011 Home sales are expected to remain healthy |
| Canada's national housing agency says it expects home sales and construction activity will cool but remain healthy in the second half of the year, due to favourable economic conditions that push up ... |
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| August 11, 2011 Canada rates seen lower for longer; cuts unlikely |
| A dovish U.S. Federal Reserve will likely force the Bank of Canada to keep its interest rates lower for longer, but market bets on a Canadian rate cut by year-end are unlikely to pay off. Analysts said ... |
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| August 9, 2011 Rate hike likely delayed |
| World markets have reacted to the recent downgrading of the US debt rating by diving into a tailspin. It's clear that world economies are volatile right now - stock markets plunged ... |
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| July 27, 2011 Canadian home prices surge to new high |
| Financial Post Jul 27, 2011 OTTAWA- Home prices measured by a major national index surged for a sixth straight month to new highs in May but are expected to ease in the months ahead. The Teranet-National ... |
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| July 19, 2011 BoC rate to double by end of first quarter 201 |
| A relatively strong Canadian economy will force the Bank of Canada to double its key lending rate by the end of the first quarter in 2012, says a new report from Citigroup Capital Markets. The country's ... |
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| July 18, 2011 Home prices remain sky high in June, but poised for a drop |
| OTTAWA - Canadian home prices continued to soar above year-ago levels in June, but economist believe price hikes could soon ease, spelling relief for buyers in expensive markets like Toronto and Vancouver. ... |
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| July 12, 2011 Canadian businesses upbeat about hiring. |
| OTTAWA - Businesses across the country are planning to kick their hiring into high gear over the next year, according to a Bank of Canada survey that found corporate Canada in a generally upbeat mood."The ... |
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| July 6, 2011 5 Economies That Have Been Downgraded This Year |
| This has been a rough year on the road to recovery for the global economy. Abnormal weather has led to higher food prices, persistent demand has pushed up energy prices, the U.S. economy remains in a ... |
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| June 29, 2011 Renovation spending reaches $22.8 billion |
| OTTAWA, June 29, 2011 - An estimated 1.9 million households, surveyed in 10 major centres, indicated they completed renovations last year, a slight decrease from the 2.1 million households that completed ... |
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