April 2009 - Posts

What should you do? Rent or buy a home in the current market?
28 April 09 09:06 AM | Anne Lok | 0 Comments   

With interest rates currrently at a 50 year low, what are the long term cost for owning a home? Can you afford it? What should you do? Canada's Office of Consumer Affaires's Rent or Buy calculator will help you determine whether you should invest Read More...

Filed under: rent or buy, interest rates

"...Committed to keeping lending rates low until June 2010"
25 April 09 04:31 PM | Anne Lok | 0 Comments   

Mark Carney, Govenor - Bank of Canada, clearly stated the central bank is committed to keeping the lending rate at .25% until June 2010. He believes the low rate is key to weathering the storm; however, if necessary the central bank also has some other Read More...

Filed under: mortgage rates