White Rock Real Estate Blog

Mortgage Highlights Of The Week

HIGHLIGHTS OF THE WEEK United States *    The Federal Reserve committed to keep rates on hold through the end of 2014 this week, while today’s Q4 GDP released underscored the fragility of the economic recovery. Unfortunately, further monetary easing isn’t what is going to provide the jolt the economy needs. *    What’s holding the economy back right now isn’t the price... [Read more...]

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Housing Price Index – New and Improved – Jan. 2012

How will the new MLS® Home Price Index help you help your clients? The housing price index (HPI) has always been the best measure for home price trends and now it’s going to get even better. In February, CREA and five of Canada’s largest real estate boards, including FVREB, will launch a national index replacing our regional FVREB/REBGV MLSLink® HPI that’s been in place since the... [Read more...]

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Weekly Mortgage Update Jan 2012

  Industry News Finance Minister Jim Flaherty says he stands ready to intervene in the housing market again, just as a mortgage price war breaks out among Canada’s major banks. Flaherty said Tuesday that he’s watching the market closely, although he has no plans to tighten the market again at this point. His comments came on the same day that the Bank of Canada projected that the debt burden... [Read more...]

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