Posts belonging to Category In the News

Fixed Rates Set to Rise

The 5 year Bank of Canada Benchmark Bond Yields are up 37 basis points since the beginning of December peaking at 2.75% yesterday. It is expected lenders will begin to increase the 5 year fixed mortgage rates as early as today.

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Flaherty’s warning

I guess all this bubble talk has got the attention of Mighty Jim.

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Bubble, No Bubble, Bubble of a Bubble?

Bubble, No Bubble, Bubble of a Bubble?
Are we currently in a Real Estate Bubble? Are we headed for a Bubble? No Bubble? WTF!

It sure is getting confusing out there. Just like last year when we had Recession, No Recession bantering and then Recession Over, Not Over bantering, now we have the Bubble, No Bubble banter heating up.

So, who do you believe?

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