Market strong, housing bubble nonexistent

Mortgage market strong, housing bubble nonexistent: Carney | Thursday, 4 February 2010 Bank of Canada governor Mark Carney said Canada is not experiencing a housing bubble and he doesn’t see the need for structural changes to the country’s mortgage market, according to a report in Reuters. “The Canadian mortgage market has functioned I think exceptionally [...]

News Release: February 2, 2010

ACTIVE PRE-OLYMPIC HOUSING MARKET IN THE FRASER VALLEY (Surrey, BC) – The Fraser Valley experienced a return to typical home sale levels plus an early surge in new listings in January, according to the latest figures from the Fraser Valley Real Estate Board. Paul Penner, President of the Board said, “Compared to last January, the [...]

Mortgage Demand On Refinance Wave

Demand for home loans rose on a mini refinance wave, with borrowers pushing to lock in rates before the expected climb later this year. Call today we have a great 3.79% for a 5 year term and variable rate mortgages at prime less .25% or currently 2% on approved credit.

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