http://www.kamloopsrealestateblog.com Wed, 08 Feb 2012 21:45:27 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.kamloopsrealestateblog.com/mortgage-rates-dropping-due-cheap-bonds-bmo-td-fixed-rate-offerings/ http://www.kamloopsrealestateblog.com/mortgage-rates-dropping-due-cheap-bonds-bmo-td-fixed-rate-offerings/#comments Wed, 18 Jan 2012 06:43:14 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7763 This article appeared on CBC.ca on January 13th, 2012 and was written by Pete Evans. A strong international demand for bonds from Canada’s biggest banks is trickling through the system and pushing mortgage rates to record lows at the consumer level. The Bank of Montreal moved its five-year fixed mortgage rate to 2.99 per cent [...]

]]> http://www.kamloopsrealestateblog.com/mortgage-rates-dropping-due-cheap-bonds-bmo-td-fixed-rate-offerings/feed/ 0 http://www.kamloopsrealestateblog.com/kamloops-mortgage-info-lowrate-mortgage-cost/ http://www.kamloopsrealestateblog.com/kamloops-mortgage-info-lowrate-mortgage-cost/#comments Sat, 24 Dec 2011 23:49:05 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7553 Cheapest is not always best. We know that’s true when we’re shopping for anything else. But we still tend to believe that lowest rate is the one and only factor in choosing a mortgage. Most Canadian homeowners would be shocked to discover that their low-rate mortgage could actually cost them more in the long run. [...]

]]> http://www.kamloopsrealestateblog.com/kamloops-mortgage-info-lowrate-mortgage-cost/feed/ 0 http://www.kamloopsrealestateblog.com/kamloops-mortgage-info-good-debt-versus-bad-debt/ http://www.kamloopsrealestateblog.com/kamloops-mortgage-info-good-debt-versus-bad-debt/#comments Thu, 15 Dec 2011 06:44:05 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7490 Not all debt is created equal – and not all debt is bad. In fact, you need some debt to establish a good credit rating. Being a responsible borrower means knowing which types of debt can help you reach your financial goals and which types leave you further behind. So how do you distinguish between [...]

]]> http://www.kamloopsrealestateblog.com/kamloops-mortgage-info-good-debt-versus-bad-debt/feed/ 0 http://www.kamloopsrealestateblog.com/canadian-homeowners-crystal-ball-top-ten-year/ http://www.kamloopsrealestateblog.com/canadian-homeowners-crystal-ball-top-ten-year/#comments Tue, 13 Dec 2011 05:47:38 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7484 This article was provided by Brenda Colman of Invis in Kamloops. Everyone loves to make forecasts for the New Year. With that in mind, we’ve put together a glimpse into the year ahead for Canadian homeowners – so you can plan for some great opportunities! 1.  Low rates early in the year!   So many financial [...]

]]> http://www.kamloopsrealestateblog.com/canadian-homeowners-crystal-ball-top-ten-year/feed/ 0 http://www.kamloopsrealestateblog.com/bank-canada-predicted-cut-interest-rate/ http://www.kamloopsrealestateblog.com/bank-canada-predicted-cut-interest-rate/#comments Thu, 10 Nov 2011 00:49:25 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7321 This article appeared on CBC.ca on November 9th, 2011. Two economists predict the Bank of Canada will slash its benchmark interest rate from its current level of one per cent next year. Bank of America economist Sheryl King said Wednesday she expects that the central bank will cut the rate to 0.25 per cent by [...]

]]> http://www.kamloopsrealestateblog.com/bank-canada-predicted-cut-interest-rate/feed/ 0 http://www.kamloopsrealestateblog.com/bank-canada-interest-rate-announcement-bcrea/ http://www.kamloopsrealestateblog.com/bank-canada-interest-rate-announcement-bcrea/#comments Tue, 25 Oct 2011 17:46:34 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7246 This is the latest release from the BC Real Estate Association on October 25, 2011. As was universally anticipated, the Bank of Canada opted to hold its target overnight rate at 1 per cent this morning.  Ongoing uncertainty in the Euro-zone continues to weigh heavily on the Bank’s outlook. In its statement accompanying the interest [...]

]]> http://www.kamloopsrealestateblog.com/bank-canada-interest-rate-announcement-bcrea/feed/ 0 http://www.kamloopsrealestateblog.com/kamloops-mortgage-information-quick-tips-boosting-credit/ http://www.kamloopsrealestateblog.com/kamloops-mortgage-information-quick-tips-boosting-credit/#comments Mon, 10 Oct 2011 00:09:00 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7190 This article came from The Real Estate Centre and was written on October 4th, 2011. Planning ahead to ensure your credit is healthy before applying for a mortgage can translate into a better mortgage rate and product – which can save you significant money throughout the term of your mortgage. Following are five steps you [...]

]]> http://www.kamloopsrealestateblog.com/kamloops-mortgage-information-quick-tips-boosting-credit/feed/ 0 http://www.kamloopsrealestateblog.com/fixed-vsvariable-conundrum-mortgage-best-yo/ http://www.kamloopsrealestateblog.com/fixed-vsvariable-conundrum-mortgage-best-yo/#comments Fri, 23 Sep 2011 18:30:49 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=7026 This article was written by Rob McLister of CanadaMortgageTrends.com on September 16, 2011. “To get anywhere, or even to live a long time, a person has to guess, and guess right, over and over again, without enough data for a logical answer.” — Robert Heinlein Mortgage rates are doing things that few people expected one [...]

]]> http://www.kamloopsrealestateblog.com/fixed-vsvariable-conundrum-mortgage-best-yo/feed/ 0 http://www.kamloopsrealestateblog.com/180-degree-change-mortgage-rate-views/ http://www.kamloopsrealestateblog.com/180-degree-change-mortgage-rate-views/#comments Wed, 10 Aug 2011 23:25:48 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=6824 This article was provided by Deborah Fehr of Dominion Lending. She says that:  It is a great time to buy a home in Kamloops. Mortgage rates are at almost rock bottom levels and it looks like there may be a rate cut instead of increase in September.  Of course if you have a rate hold [...]

]]> http://www.kamloopsrealestateblog.com/180-degree-change-mortgage-rate-views/feed/ 0 http://www.kamloopsrealestateblog.com/mortgage-rates-fall-market-slump-globe-mail/ http://www.kamloopsrealestateblog.com/mortgage-rates-fall-market-slump-globe-mail/#comments Wed, 10 Aug 2011 04:50:23 +0000 Kirsten Mason http://www.kamloopsrealestateblog.com/?p=6818 This article appeared on the Globe and Mail on August 9th, 2011 and was written by Richard Blackwell. Canadian fixed-term mortgage rates could fall to even more affordable levels after roiling financial markets pushed the yield on five-year government bonds to record lows on Tuesday. As investors fled equities in recent days, money poured into [...]

]]> http://www.kamloopsrealestateblog.com/mortgage-rates-fall-market-slump-globe-mail/feed/ 0