Calgary Real Estate News and Information

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• Variable Rate Now At 2.85%

  Marianne Lepan just sent over the new rates for this week with a significant drop reflected from the Bank of Canada anouncment yesterday. With prime being 2.25% - lender's are now offering 2.85% on a variable. That is cheap money!!! To view all the Read More... Posted Wednesday, April 22, 2009 11:07 AM by Dan Welyk | 0 Comments Filed under: Mortgage Rates, Mortgage News

• Mortgage Rates Updated for April 16th, 2009

  Not much has changed in rates this past week - still incredibly low rates! Variable at 3.30%!!! Visit Marianne's rate page for full details! Read More... Posted Thursday, April 16, 2009 1:31 PM by Dan Welyk | 0 Comments Filed under: Mortgage Rates, Mortgage News

• Mortgage Rate Update for February 9th, 2009

  Rates dropped again slightly :) Looks like we are going to be seeing these incredible rates for a while! http://www.findnewdigs.com/Mortgage_Rates/page_2054071.html Since when has a first time home buyer had these incentives to back up the decision to Read More... Posted Monday, February 09, 2009 7:36 PM by Dan Welyk | 2 Comments Filed under: Real Estate, Finances, Buyer Information, Mortgage Rates, Mortgage News

• Lender Allowances, Home Renovation Tax Credits, First Time Home Buyer Credits....

  ***article updated February 9, 2009*** Renovation Allowances - this is an great tool for the home buyer who does not have the extra cash to fix up their new home!!! Here is how it works - depending on the lender, you can get up to $25,000 allowance for Read More... Posted Thursday, February 05, 2009 11:16 AM by Dan Welyk | 1 Comments Filed under: Real Estate, Buyer Information, Mortgage News

• Bank of Canada Review Dates for 2009

  For those of you who like to keep a close eye on Canada's bank rate, here are the review dates for 2009: January 20 March 03 April 21 June 04 July 21 September 10 October 20 December 09 Mark Your Calendars! Read More... Posted Tuesday, January 06, 2009 1:01 PM by Dan Welyk | 0 Comments Filed under: Finances, Mortgage Rates, Mortgage News

• Mortgage Rates Dip Slightly - December 1, 2008

  Marianne LePan just updated the most recent mortgage rates - they dipped slightly. Banks are obviously eager to lend right now! http://www.findnewdigs.com/Mortgage_Rates/page_2054071.html Read More... Posted Monday, December 01, 2008 12:42 PM by Dan Welyk | 0 Comments Filed under: Buyer Information, Mortgage Rates, Mortgage News

• Mortgage Rates Updated

  Marianne has updated mortgage rates again - prime reduced again! 5 year closed sitting at 5.39 - great rate! Get your mortgate approvals done! Our current market offers some incredible deals - certainly the buyer's market! Read More... Posted Sunday, November 23, 2008 11:08 AM by Dan Welyk | 0 Comments Filed under: Buyer Information, Mortgage Rates, Mortgage News

• Here is a little laugh :)

  Need a bit of humour? Here is a little video explaining the sub-prime mortgage market in the US :p http://www.youtube.com/watch?v=mzJmTCYmo9g Enjoy! Read More... Posted Thursday, October 23, 2008 10:24 AM by Dan Welyk | 0 Comments Filed under: Market Conditions, Mortgage News, Humour

• Canadian Federal Government Steps In And Changes Mortgage Laws

  Zero down mortgages and 40 year amortizations will be a thing of the past in October 2008. For the home buyer who was planning on using the zero down option, the government will allow the 5% to come as a loan by line of credit, it just will not be insured. Read More... Posted Monday, July 14, 2008 4:20 PM by Dan Welyk | 0 Comments Filed under: Announcements, Buyer Information, Mortgage News