Greater Vancouver Mortgage and Real Estate News

Mortgage lending lifts Canada bank earnings – Financial Times

Wednesday, 10 March 2010, 2:25 am

Globe and MailMortgage lending lifts Canada bank earningsFinancial Times… Canada’s five big banks have again shown their mettle with unexpectedly robust first-quarter earnings driven by strong growt. […]

BMO Bank of Montreal Lowers Mortgage Rates – CNW Group (press release)

Wednesday, 10 March 2010, 12:05 am

Globe and MailBMO Bank of Montreal Lowers Mortgage RatesCNW Group (press release)TORONTO, March 9 /CNW/ – BMO Bank of Montreal announced today it is decreasing its residential mortgage rates, effectiv. […]

Real estate sales show increase – Comox Valley Record

Tuesday, 9 March 2010, 11:06 pm

Real estate sales show increaseComox Valley Record… 2009 according to Multiple Listing Service (MLS) sales summary data released by the Vancouver Island Real Estate Board (VIREB) for February 2010.. […]

Editor’s letter: Real estate mania – CanadianBusiness.com

Tuesday, 9 March 2010, 7:11 pm

Editor’s letter: Real estate maniaCanadianBusiness.comBut the current debate over the state of Canada’s real estate market offers an overabundance of both. For months, pundits and self-described exper. […]

Ex-Canucks captain Trevor Linden backs Victoria condo project – Vancouver Sun

Tuesday, 9 March 2010, 5:50 pm

Ex-Canucks captain Trevor Linden backs Victoria condo projectVancouver SunBuilders have been venturing back into the market as they see signs of economic recovery and real estate sales boom again. “We. […]

More Canadians thinking of buying a home: RBC – Business in Vancouver

Tuesday, 9 March 2010, 4:52 pm

Financial PostMore Canadians thinking of buying a home: RBCBusiness in Vancouver… Metro Vancouver doubling in February to 1402 units from 701 units in the same month in 2009, according to the Canada. […]

Don’t be an unscorable – Montreal Gazette

Tuesday, 9 March 2010, 4:20 pm

Don’t be an unscorableMontreal Gazette… Canada Such ignorance is too bad. Your credit score weighs heavy on the minds of loan officers. Have a score of 800? A mortgage is all but guaranteed. …and. […]

Tripling of housing starts returns builders to pre-recession levels – Edmonton Journal

Tuesday, 9 March 2010, 3:19 pm

Tripling of housing starts returns builders to pre-recession levelsEdmonton JournalTotal housing starts in the Edmonton census metropolitan area reached 642 in February, compared with 213 in February. […]

Prospects brighten for Metro Vancouver job seekers – The Province

Tuesday, 9 March 2010, 2:58 pm

stv.tvProspects brighten for Metro Vancouver job seekersThe ProvinceJust behind it in terms of anticipated demand are finance, insurance and real estate at 18 per cent, Manpower said. Construction and. […]

CANADA STOCKS-TSX may open lower on resources, banks eyed – Reuters

Tuesday, 9 March 2010, 1:01 pm

CANADA STOCKS-TSX may open lower on resources, banks eyedReutersTO) said profit rose 17 percent in the first quarter as domestic banking earnings surged 28 percent on stronger mortgage sales and depos. […]

Bringing down the house – Globe and Mail

Tuesday, 9 March 2010, 11:18 am

Globe and MailBringing down the houseGlobe and MailHis conclusion about Canada’s mortgage market: “boring, but effective.” It’s a meat-and-potatoes mortgage market. Most Canadians opt for fixed-rate .. […]

China hints at allowing yuan to rise – Globe and Mail

Tuesday, 9 March 2010, 8:30 am

China hints at allowing yuan to riseGlobe and MailMore pressing are widespread worries about an overheated real estate market. Fuelled primarily by the easy availability of credit, the value of reside. […]

Refinancing tempting at these rates – Globe and Mail

Tuesday, 9 March 2010, 8:30 am

The GuardianRefinancing tempting at these ratesGlobe and MailAfter months of mild fluctuations in fixed-rate mortgage rates, pressure seems to be building for an increase. The five-year Government of. […]

Tidbits from a round table – National Post

Tuesday, 9 March 2010, 7:03 am

Global TorontoTidbits from a round tableNational PostLast week, I participated in a real estate round table with professionals in Toronto, sponsored by Post City Magazines Inc., and the consensus was. […]

Tidbits from a round table – National Post

Tuesday, 9 March 2010, 7:03 am

Global TorontoTidbits from a round tableNational PostLast fall, I wrote two columns about how undisciplined and increasing mortgage backstopping by Ottawa’s Canada Mortgage and Housing Corp. was going. […]

Vancouver over, developers look to Sochi 2014 – CIOB International News

Monday, 8 March 2010, 11:08 am

CIOB International NewsVancouver over, developers look to Sochi 2014CIOB International NewsRussia is seeking investors for major real estate development in Sochi, the city hosting the Winter Olympics. […]

New Rules For Borrowers – Calgary Herald

Saturday, 6 March 2010, 9:48 am

CBC.caNew Rules For BorrowersCalgary HeraldFederal Finance Minister Jim Flaherty recently announced restrictions for any borrower who wants a mortgage backed by the Canada Mortgage and Housing Corp. .. […]

Post-Olympics, spotlight falls on housing dilemma – Globe and Mail

Saturday, 6 March 2010, 8:32 am

ReutersPost-Olympics, spotlight falls on housing dilemmaGlobe and MailThis income mix in real estate developments is key to the future of Vancouver.” Perhaps. But Vision also must weigh the risks of g. […]

Metro Vancouver real estate sales sail through Olympics month – Vancouver Sun

Tuesday, 2 March 2010, 11:30 pm

CBC.caMetro Vancouver real estate sales sail through Olympics monthVancouver SunVANCOUVER — The 2010 Winter Olympics did little to distract Metro Vancouverites from the region’s real estate markets. […]

2010 visitors buy $32 million in Vancouver real estate – CTV.ca

Monday, 1 March 2010, 11:14 pm

Vancouver Courier2010 visitors buy $32 million in Vancouver real estateCTV.caThe 2010 Olympic Winter Games were solid gold for a Vancouver-based real estate developer specializing in luxury suites. As. […]