5 Year Fixed Mortgage Rate Drops Below 3 Per Cent
Mortgage News / Mortgages

5 Year Fixed Mortgage Rate Drops Below 3 Per Cent

Canadian bond yields are pointing south once again, and 5 year fixed mortgage rates have dropped to the 2.99 per cent as a result – the lowest since March of this year. What could the slide be attributed to? Well, the answer lies overseas – more specifically, Spain. As investors continue to turn away from euro zone markets, what do the implications hold for Canada? Continue reading »

U.S. and European Economic Outlook for 2012
Economic News

U.S. and European Economic Outlook for 2012

It’s good to be Canadian. While the U.S. housing market crumbled – to a certain degree bringing the global economy along with it, after some slight hiccups, the real estate markets in most Canadian cities have continued a slow and even climb. But only a fool would think that the Canadian economy is not heavily influenced by events in the U.S. and Europe. Here, we review what various economic soothsayers from around the world predict 2012 will have in store for the global economy. Continue reading »