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  • Canadian Bank Rate up to 1% - Propertywire.ca

    With the increase to 1 percent for the overnight rate, the Bank Rate is correspondingly 1.25 percent, and the deposit rate is .75 percent. Financial conditions in Canada have tightened modestly since April, with the changing monetary policy measures, but overall ...
    Posted to Alphonse Quenneville (Weblog) by 212575 on September 8, 2010
  • World's Most Overpriced Real Estate Markets

    www.AlphonseQ.com  Using data from GlobalPropertyGuide.com, an international real estate research firm, have listed the top 10 worlds most overpriced real estate markets (cities).1. Monaco 2. Rome 3. Paris 4. Madrid 5. Los Angeles6. Vancouver 7. Vienna 8. Auckland 9. Zurich 10. OsloHousing Trends - Forbes World's Most Overpriced Real ...
    Posted to Alphonse Quenneville (Weblog) by 212575 on August 26, 2008
  • Federal crackdown could spark housing sales

    The real estate industry is bracing for a surge in home purchases, betting buyers will rush to get ahead of tighter federal government standards for the mortgage industry. The Finance Department will stop guaranteeing 40-year and zero-down-payment mortgage loans starting Oct. 15. That has set off speculation that a surge of buyers, particularly ...
    Posted to Alphonse Quenneville (Weblog) by 212575 on July 11, 2008
  • Government of Canada Moves to Protect, Strengthen Canadian Housing Market

    The Government of Canada today announced adjustments to the rules for government guaranteed mortgages aimed at protecting and strengthening the Canadian housing market. The new measures include:Fixing the maximum amortization period for new government-backed mortgages to 35 years;Requiring a minimum down payment of five per cent for new ...
    Posted to Alphonse Quenneville (Weblog) by 212575 on July 11, 2008