Interest Rate Update

Here are today"s Interest Rates, based on a 30 year amortization rate, with good credit and no origination fees. Rates are moving up -- to 6.00%. Signs that the economy may be on the road to recovery have investors pulling money out of mortgage bonds today and back into the stock market, causing rates to rise. If you like today"s rates you might think seriously about locking in now.

Realty Times Outlook: Mixed Signals For New, Existing Home Sales

The housing market is showing a little schizophrenia, according to February sales reports. On one hand, existing housing went through the roof, while new homes sales dove into the ground.

Canadian Actuaries Urge Government to Make Mortgage Payments Tax Deductible

The thorny issue of allowing Canadian homeowners to deduct mortgage interest payments from their income tax is back in the news, after the Canadian Institute of Actuaries suggested it would help people save for retirement. And that"s important because a recent study commissioned by the group says that two-thirds of Canadians expecting to retire in 2030 are not saving enough money to avoid financial hardship.

Calgary: Snowing A Seller"s Market?

Calgary, located in the Canadian province of Alberta, is known for more than its terrific ski resorts near Alberta"s Rocky Mountains. Once the host city for the winter Olympics, Calgary is a beautiful city on the banks of the Bow River, the home of progressive technology, oil and forestry companies, as well as great real estate buys.

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