Financial planning manoeuvre allows deductibility of home mortgage
interest
- Source: Canadian Press on Friday, September 08, 2006
Rates may be on the way down
- Souce: Vancouver Sun on Thursday, September 07, 2006
Rate yourself: Fixed or variable mortgage?
- Source:Canadian Press on Sunday, September 10, 2006     
Royal, TD Canada Trust cut posted mortgage rates
- Source: Star News Services on Friday, August 18, 2006      
Olympic gold won't be huge
Forecast: But Games will boost B.C.'s economy by 4.8 per cent
- Source: Vancouver Province on Wednesday, November 15, 2006
CMHC mortgage moves may be on shaky ground
- Source: CanWest News Service on Monday, July 24, 2006    
Mortgage rates on the rise
- Source: CBC News on Monday, October 23, 2006
Mortgage rate peak near
- Source: Financial Post on Tuesday, June 13, 2006           
Condos with "mortgage helpers" may be answer to Vancouver's
housing crunch
- Source: CanWest News Service, Vancouver Province on Sunday, October 22, 2006
New-home starts could hit 19-year high, then cool
- Source: Financial Post on Wednesday, July 12, 2006            
B.C. unlikely to see lower house prices soon
- Source: Vancouver Sun on Thursday, November 23, 2006
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
- Source: CNW Group on Tuesday, December 05, 2006
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Housing starts in 2006 reach their second highest level in nearly two
decades despite cooling in December
- Source: CMHC on Tuesday, January 09, 2007
OTTAWA - New home starts are estimated at 227,400 in 2006, surpassing the level
in 2005, reaching their second highest level in nearly two decades. However, the
seasonally adjusted annual rate of housing starts decreased to...
B.C. housing market still hot although Vancouver price hikes have
tapered off
- Source: Vancouver Sun by Michael Kane with file from Eric Beauchesne, CanWest News
Bank of Canada keeps target for the overnight rate at 4 1/4 per cent
- Source: Bank of Canada on Tuesday, May 29, 2007
The Bank of Canada today announced that it is maintaining its target for the
overnight rate at 4 1/4 per cent...
U.S. housing woes get stuck at border
- Source: Global and Mail on Friday, August 17, 2007
Canada's strong economy and dearth of high-risk mortgage lending should help
the real estate sector withstand the volatility that's been buffeting the equity
markets...
- Source: Bank of Canada on Wednesday, September 05, 2007
OTTAWA - The Bank of Canada today announced that it is maintaining its target
for the overnight rate at 4 1/2 per cent. The operating band for the overnight rate
is unchanged...
The high flying loonie and weakening U.S. growth raise the odds that
the Bank of Canada will cut interest rates before year-end, according
to Scotiabank's Chief Economist
- Source: CNW Group on Friday, September 28, 2007
TORONTO - Slower growth, lower interest rates and continued strength in the
Canadian dollar will be the key economic and financial trends into 2008, according
to Scotia Economics' latest flagship report...
Real estate affordability to improve, experts say National Post
- National Post on Tuesday, Feb 12 2008
Housing affordability is likely to improve this year as house-price growth eases and
falling interest rates make mortgages cheaper, economists say.
Michael Gregory, senior economist at BMO Capital Markets, said housing
affordability was becoming an increasingly important issue in some Canadian
cities...
Quick Flash: Feb Cuts rates by 75bps to 2.25%
- Federal Reserve press release on Tuesday, March 18, 2008
The Federal Open Market Committee decided today to lower its target for the
federal funds rate 75 basis points to 2-1/4 percent.
Bank of Canada Slashes interest rates
- Globe and Mail update on Tuesday, March 04 2008
OTTAWA — The Bank of Canada dropped its key lending rate by half a percentage
point, and indicated that further cuts will be needed to insulate Canada from the
effects of a U.S. economy that teeters on the brink of recession.
Ups and downs of today's housing costs
- The Toronto Star on Saturday, June 14, 2008
Your chances of getting richer on home prices took another blow this week. Demand
for resale homes was already falling as prices became less and less affordable.
Then Bank of Canada governor Mark Carney Shocked markets by putting off any
further interest-rate cuts.

Rising real estate fraud makes title insurance essential
- The Vancouver Sun on Wednesday, June 25, 2008
It's hard to imagine someone stealing your home. How would the thief load it into
the getaway van? It's easier than you might think -- so easy, in fact, that the
number of cases is climbing.
Mortgage News
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Bank of Canada lowers overnight rate target by 1/2 percentage point to
1/2 per cent
Source: Bank of Canada on March 3, 2009
The Bank of Canada today announced that it is lowering its target for the overnight
rate by one-half of a percentage point to 1/2%.                                                
Pay down mortgage vs. RRSP - which should come first?
Source: Postmedia News by Terry McBride on August 04, 11
If you have received a salary increase, should you use your extra cash flow to pay
down your mortgage faster or to contribute your RRSP?                                           
Housing industry shy on new rules
Source: Financial Post -by David Pett, Tuesday, September 27, 2011
With Canadian interest rates now on hold for some time to come, the government
may move to tighten mortgage rules again to keep...                               
Low rates could spur mortgage rule changes
Source: Garry Marr at Financial Post, December 15, 2011
It was just another set of numbers but the housing industry says the latest figures
from the Canadian Real Estate Association are further proof the sector does not need
any more regulation.                                   
Builders welcome tax credit for first-time homebuyers
Source: Brian Morton, Vancouver Sun on February 22, 2012
Renovators mostly shut out from incentives, but Business Council of B.C. president
sees budget as generally positive for the province                                  
Speedy economic recovery has Carney hinting of a rate rise
Source: Jeremy Torobin on Globe and Mail on Tuesday, April 17, 2012
Canada’s recovery is picking up faster than expected, forcing Mark Carney to set the
stage for higher interest rates sooner than many overstretched consumers were
bargaining for.                                
CMHC moves to take steam out of housing market
Source: TARA PERKINS, The Globe and Mail published on Aug. 06 2013
Ottawa is taking new steps to cool the country’s housing market.
Canada Mortgage and Housing Corp. is limiting guarantees it offers banks and other
lenders on mortgage-backed securities. The measure comes amid the federal
government’s efforts to protect taxpayers from financial risks in the housing sector,
further cool lending and add upward pressure to mortgage rates.