Archive for Northwest Territories
Bank of Canada holds firm on Prime
Posted by: | CommentsSpeak with a professional mortgage broker now and get free advice that could help you find the best mortgage! Call 1-866-285-3972 or Click on the link below:
As expected, the Bank of Canada recommitted yesterday to leaving its benchmark interest rate at a record low of 0.25% through to the middle of next year.
The central bank is taking a brighter view of the economy, citing stronger-than-expected household spending. Policymakers said that Canada’s GDP would shrink 2.3% this year, compared with an earlier estimate in April that the economy would contract 3%. GDP will expand 3%, compared with an earlier call for growth of 2.5% next year, the BoC said in its latest policy statement.
The revisions reflect what the central bank said are “increasing signs that economic activity has begun to expand in many countries in response to monetary and fiscal policy stimulus and measures to stabilize the global financial system.”
Still, the BoC called the recovery “nascent” and emphasized that “effective and resolute policy implementation remains critical to sustained global growth.”
Canadian retail sales rose much more than expected in May after a surprise drop the previous month, Statistics Canada said today.
Sales increased 1.2% during the month to $34 billion, with gains in seven of eight sectors, led by a 2.4% increase in automotive products, the federal agency said.
“Retail sales have been generally rising since the beginning of 2009,” Statistics Canada said.
Most economists had expected sales to rise by just 0.5% in May after a 0.6% decline in April. – Financial Post
Keeping you posted with Thanks,
Jonathan M. H. Silveira
mortgage Broker
Phone: 1-800-662-7757
Cell: 1-778-861-5467
Fax: 1-866-533-4261
Email: jsilveira@dominionlending.ca
Website: http://www.JonathanSilveira.ca
Speak with a professional mortgage broker now and get free advice that could help you find the best mortgage! Call 1-800-662-7757 or:
Click here to receive up to 5 Quotes on a home purchase Loan, Home refinance Loan, home equity Loan or a Debt consolidation loan.
NorthWest Territories Mortgages and Home Loans
Posted by: | CommentsSpeak with a professional mortgage broker now and get free advice that could help you find the best mortgage! Call 1-866-285-3972 or Click on the link below:
Yellowknife mortgages: The Northwest Territories located in the western Arctic of Canada, has a population of approximately 42,000 over a vast land mass of about 519,734 sq. miles, with Yellowknife being the capital and only city.
Yellowknife combines all the urban amenities with memories of the old gold prospecting days in this small, culturally diverse city in the far north of Canada. The main industries are mining, tourism and the service sector, which is similar to the overall territories. Yellowknife is a magnet for outdoor adventurers and nature lovers, even though the winters in Yellowknife are cold and dark, the long summer days has plenty of sunshine. On top of that it also boast one of the fastest growing populations in Canada, thus the housing and real estate market is busy. This makes for an attractive mortgage and home ownership environment.
Mortgage lenders tend to consider the Yelllowknife Mortgage market as growing and good. Many lenders will consider doing a Yellowknife Mortgage. Contact a Mortgage Shopper Canada mortgage broker to help answer any questions on mortgage qualifications and funding.
Speak with a professional mortgage broker now and get free advice that could help you find the best mortgage! Call 1-800-662-7757 or:
Click here to receive up to 5 Quotes on a home purchase Loan, Home refinance Loan, home equity Loan or a Debt consolidation loan.
