About Calgary Region, AB

Canadian realtor David Tsegai writes an interesting series of articles about mortgage rates in year 2012, week by week. I would like to present the last one, about the 6th week of 2012.

TD and RBC prematurely withdrew their offers for ultra-low mortgage rates. Toronto-Dominion Bank, Canada’s second-largest bank, increased its special four-year closed fixed rate mortgage by 40 basis points and its five-year closed mortgage by ten basis points, and it introduced a special five-year closed fixed rate mortgage at 4.04 per cent. Offers of special rates last until February 29th.

RBC increased its special five-year closed fixed rate mortgage product by ten basis points to 4.04 per cent. Matt Gierasimczuk, a spokesman with RBC, said for Bloomberg News: “Our long-term funding costs have gone up considerably due to global economic concerns and, while we have held off in passing on these rate changes to our clients, it is now necessary for us to increase this mortgage rate.”

According to a new report by UBS AG, household debt-to-income ratios are still at record high levels in Canada, but the risk remains moderate. Debt service is average, and loan-to-value ratios are low at 55 to 65 per cent. “Furthermore, there are government guarantees on 60 per cent of mortgages and residential delinquencies are only 38 basis points,” said analyst Peter A. Rozenberg.

For other mortgage rates - related articles, visit calgaryrealestate.ca.

Just in time for the perfect Valentine’s Day gift coupon: home improvement ideas to make you and your home feel, look, and sound sexier. With a little help from HouseLogic, you can create and print a coupon for YOUR beloved.

READ MORE HERE...

When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.

The Celtic Connection Team at Solutions Real Estate is proud to announce their website featuring homes specifically in Maricopa Arizona. The website can be viewed by clicking this link and features Maricopa Arizona homes for sale, Maricopa Arizona real estate, a search for Maricopa Arizona bank owned or foreclosures, Maricopa Arizona Golf Course Homes, and Maricopa Arizona Swimming Pool Homes. There is also a page that provides a real time update showing Maricopa Arizona properties that have been newly listed or had price changes.

Living an exciting lifestyle comes easy when you discover all that Calgary has to offer! Traditionally speaking, Calgary’s image is definitely linked to cowboys and 10-gallon hats, high-heeled western boots and everything oil might buy. Calgary is also home to the second-largest zoo in Canada, easily reachable via a modern, contemporary light rail system. Additionally, the Saddledome hosts many of the same attractions found in Toronto’s Air Canada Centre. Calgary is known as the city of the Flames, giving it virtually the same distinction as Toronto for being known as the city of the Maple Leafs. So, is your calendar clear? Let's do it!

READ MORE-->

The Calgary Home Team uses the most up-to-date tools to provide current, timely information to our clients. When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.