Tag Archives: Canada

Bank of Canada Maintains Overnight Rate at 1% as Predicted

Posted on September 9, 2011 by wojciechpianka

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economic outlook … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, financing, fixed rate, gta mortgage rates, gta mortgages, homes, interest rate, investment property, lending rate, Mortgage Alliance, realestate, Toronto, toronto mortgage rates, variable rate | Leave a comment

Rate Prediction for Wed, Sept. 7th, 2011 BofC Meeting

Posted on September 3, 2011 by wojciechpianka

On Wednesday the Bank of Canada meets again to discuss what the monetary policy will be for the next few months. During this meeting, the overnight lending rate is also set. The last meeting kept the rate unchanged at 1%, … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, CMHC, financing, fixed rate, gta mortgage rates, gta mortgages, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, realestate, right mortgage, Toronto, toronto mortgage rates, toronto mortgages, variable rate | Leave a comment

Canadian Housing Market to Remain Steady in 2011

Posted on September 1, 2011 by wojciechpianka

This article is taken directly from the CMHC website: OTTAWA, August 24, 2011 — Housing starts are forecast to remain steady in 2011 and 2012, according to Canada Mortgage and Housing Corporation’s (CMHC) third quarter Housing Market Outlook, Canada Edition.1 “Housing starts have been … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, CMHC, financing, fixed rate, gta mortgage rates, gta mortgages, interest rate, investment property, Mortgage Alliance, mortgages, ontario, Rate Advisor, realestate, rental property, right mortgage, Toronto, toronto mortgage rates, toronto mortgages, variable rate | Leave a comment

First Time Real Estate Investor Tips by Don R. Campbell

Posted on August 7, 2011 by wojciechpianka

REIN President and renowned author Don R. Campbell recently took a few minutes out of his schedule to sit down with Remax Realtor Addy Saeed. Their discussion focused on first time real estate investors and what they should really pay … Continue reading →

Posted in About Wojciech Pianka, Home, News, Updates and Information | Tagged addy saeed, Canada, don r cambell, homes, investment property, Mortgage Alliance, realestate, rein, remax, rental property, Toronto | Leave a comment

Bank of Canada Monetary Policy Dates

Posted on July 26, 2011 by wojciechpianka

The Bank of Canada today released its 2012 schedule of eight dates for announcing decisions on its key policy interest rate and confirmed the announcement dates for the remainder of this year. The announcement dates from September 2011 through December … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, interest rate | Leave a comment

Toronto Mortgage Alliance Rate Advisor for Week of July 25th, 2011

Posted on July 26, 2011 by wojciechpianka

TERM POSTED OUR RATES* 6 Month 4.45% 4.45% 1 Year 3.60% 2.75% 2 Year 3.95% 3.30% 3 Year 4.35% 3.40% 4 Year 5.04% 3.38% 5 Year 5.54% 3.56% 7 Year 6.44% 4.69% 10 Year 6.80% 4.99% Variable Rate 2.20% Prime … Continue reading →

Posted in Home, Rate Advisor | Tagged Bank of Canada, Canada, financing, fixed rate, interest rate, lending rate, Rate Advisor, variable rate | Leave a comment

How Much Does CMHC Mortgage Loan Insurance Cost?

Posted on April 20, 2011 by wojciechpianka

This article was taken directly from the CMHC website. To obtain CMHC Mortgage Loan Insurance, lenders pay an insurance premium. Typically, your lender will pass these costs on to you. Your lender will give you the exact price when you apply … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, Canada, CMHC, cmhc premium, financing, fixed rate, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, realestate, Toronto | 1 Comment

Mortgage Fraud versus Title Fraud

Posted on April 19, 2011 by wojciechpianka

Mortgage Fraud: This crime typically hurts financial institutions the most. It’s when someone intentionally provides false information to obtain a mortgage they normally wouldn’t have gotten. The most common type of mortgage fraud involves a fraudster obtaining a property and then … Continue reading →

Posted in Home, News, Updates and Information | Tagged Canada, fixed rate, homes, investment property, mortgage fraud, mortgages, realestate, title fraud, Toronto | Leave a comment

CMHC and Stats Canada Report Video

Posted on April 18, 2011 by wojciechpianka

Posted in Home, News, Updates and Information | Tagged Bank of Canada, Canada, CMHC, financing, fixed rate, homes, New Construction Projects, realestate, Toronto | Leave a comment

Housing Starts Up According to CMHC

Posted on April 13, 2011 by wojciechpianka

According to a new report released by the Canadian Mortgage and Housing Corporation, housing starts were up in March 2011 over February 2011 by about 5,100 units. The actual figures were 188,800 and 183,700 respectively. Signs show balance coming back … Continue reading →