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Blog by Linda M Linfoot

Important Rate Annoucement!!

April 22nd, 2009

IMPORTANT RATE ANNOUNCEMENT:

Bank of Canada Lowers Key Lending Rate Again; April 21, 2009

Major Canadian banks follow suit; reduce Prime Rate to 2.25%.

The Bank of Canada lowered the overnight lending rate by 25 bps, enabling financial institutions to decrease their Prime Rate to a new historic low of 2.25%.

The Bank of Canada has announced today that it has revised its recovery expectati ...

What the Rate Cut Means for Mortgages

April 22nd, 2009

What the rate cut means for mortgages

Garry Marr, Financial Post 

The latest rate cut means consumers buying a house can borrow for as little as 3% interest on their loan if they are willing to buy into the Bank of Canada's statement Tuesday that it won't be changing rates until June, 2010.

If you don't believe the bank will hold steady on its promise, you can lock into five-year, fixed-r ...

REBGV March Stats

April 8th, 2009

REBGV Stats - March

March Real Estate Stats

April 8th, 2009

VANCOUVER, B.C. - April 2, 2009 - The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.

 Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, a 53 per cent increase over February but a 24.4 per cent decrease over March 2008 ...

The Informed Buyer/Seller Issue 4

April 8th, 2009

The Informed Buyer/Seller Issue 4

21912 ISAAC Crescent, Maple Ridge, British Columbia

April 5th, 2009

I just finished uploading this House for sale, 21912 ISAAC Crescent, Maple Ridge, British Columbia

Completely remodelled Rancher located in 'Mountain View Estates'. This Home boasts hardwood floors, granite and concrete countertops, designer paint colours, stylish lighting fixtures and a lovely covered stamped concrete patio. More importantly, this home has a 3-year old roof, ne ...