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December 2009 - Posts

Mortgage Rates set to increase in 2010

A Federal Agency - Canada Mortgage and Housing Corp (CMHC) - forecasts mortgage rate increases for 2010, specifically the one-,three-and five-year rates. Although not expected to be dramatic, Richard Corriveau - regional manager of market analysis - at

Calgary’s Housing Market Recovers!

"Low borrowing costs continue to fuel market recovery" says Bonnie Wegerich, president of the Calgary Real Estate Board (CREB®). According to the Board's market stats, there are seven consecutive months of sales increases for the single-family housing and condo markets.