5 Mar

Mortgage Prepayment Information Federally Regulated March 2012

General

Posted by: Kimberly Walker

Code of Conduct  for Federally Regulated Financial Institutions Mortgage  Prepayment Information Purpose The purpose of the Code is to ensure that federally  regulated financial institutions (“lenders“)  provide enhanced information in respect of credit agreements secured by  mortgages where a prepayment charge could apply (“mortgages“) to assist borrowers in making decisions about  prepayment of their mortgage. […]

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14 Feb

Forecast Is For Slow Growth and Stable Interest Rates

General

Posted by: Kimberly Walker

Article by Benjamin Tal Deputy Chief Economist, CIBC World Markets  After bleeding workers in recent months, Canadian factories boosted headcount in December, helping employment register its first positive reading after two straight losses. Canadian jobs edged up by 17,500, led by hiring in the manufacturing sector. However, we don’t expect a renewed pickup in manufacturing […]

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10 Feb

Fraser Valley Board Press Release Feb. 6, 2012

General

Posted by: Kimberly Walker

  Fraser Valley Real Estate Board   Contact   Laurie Dawson, Communications Coordinator laurie.dawson@fvreb.bc.ca Fraser Valley Real Estate Board Telephone 604.930.7657 Fax 604.930.7623 www.fvreb.bc.ca   For Immediate Release: Feb. 6, 2012   2012 kicks off with new home price measurement; and, a   sluggish start to sales   SURREY, BC – The Fraser Valley Real […]

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27 Jan

Mortgage Highlights Of The Week

General

Posted by: Kimberly Walker

HIGHLIGHTS OF THE WEEK   United States   *    The Federal Reserve committed to keep rates on hold through the end of 2014 this week, while today’s Q4 GDP released underscored the fragility of the economic recovery. Unfortunately, further monetary easing isn’t what is going to provide the jolt the economy needs.   *    What’s […]

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19 Jan

Housing Price Index – New and Improved – January 2012

General

Posted by: Kimberly Walker

How will the new MLS® Home Price Index help you help your clients? The housing price index (HPI) has always been the best measure for home price trends and now it’s going to get even better. In February, CREA and five of Canada’s largest real estate boards, including FVREB, will launch a national index replacing […]

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5 Jan

2011 REAL ESTATE MARKET SHOWCASES REGIONAL VARIATION

General

Posted by: Kimberly Walker

News Release: January 4, 2012 2011 REAL ESTATE MARKET SHOWCASES REGIONAL VARIATION (Surrey, BC) – Overall, Fraser Valley’s real estate market in 2011 was below the 10-year average in property sales and above average in the number of new listings received, however, according to the president of the Fraser Valley Real Estate Board, results varied […]

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2 Dec

Real Estate News Release: December 2, 2011

General

Posted by: Kimberly Walker

News Release: December 2, 2011 STEADY DEMAND FOR HOMES HEADING INTO THE HOLIDAYS (Surrey, BC) – The November property sales in the Fraser Valley are up slightly compared to last year and didn’t experience the usual month-over-month seasonal decline. The Fraser Valley Real Estate Board processed 1,120 sales in November on its Multiple Listing Service® […]

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17 Sep

Canadian housing market immune to global turmoil in August, CREA finds

General

Posted by: Kimberly Walker

Canadian housing market immune to global turmoil in August, CREA finds     A real estate agent puts up a “sold” sign in front of a house in Toronto Tuesday, April 20, 2010. THE CANADIAN PRESS/Darren Calabrese Michelle McQuigge, The Canadian Press, On Thursday September 15, 2011, 4:09 pm EDT By Michelle McQuigge, The Canadian […]

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8 Sep

Summary: The Bank of Canada’s Changing Language

General

Posted by: Kimberly Walker

The Bank of Canada’s changing language: CBC.CA On Wednesday September 7, 2011, 4:51 pm EDT Watching the Bank of Canada’s language on the economy change over the past year is like seeing a healthy, upbeat person gradually come around to the idea that a serious illness is overtaking them. A year ago, the central bank […]

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