Real Estate Information and Market Trends| Real Estate Victoria BC

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective: January 29, 2010
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

6.60%

6 Month Closed

3.75%

4.65%

1 Year

2.30%

4.55%

2 Year

2.90%

4.35%

3 Year

3.25%

4.45%

4 Year

3.74%

5.29%

5 Year

3.75%

5.85%

6 Year

            4.85%

5.90%

7 Year

5.15%

6.60%

8 Year

5.15%

6.60%

9 Year

5.37%

6.80%

10 Year

5.25%

6.95%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.63%

Prime Rate

2.25%

 
*Rates subject to change without notice *

If you are planning to purchase [...]

BCREA Housing Forecast Update - First Quarter 2010
Vancouver, BC – January 29, 2010. The British Columbia Real Estate Association (BCREA) released its Housing Forecast Update for the first quarter of 2010 today.
BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 6 per cent from 85,028 units in 2009 to 90,100 units this [...]

Victoria’ Real Estate Market shows resliance compared to Maui Real Estate Market.
 
Are you looking for that Holiday home on Maui? It may be the perfect time to buy. Low rates and a strong Candian dollar.

 

After spending the better part of my time on Maui on my bicycle exploring this wonderful Island, rich in natural beauty [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective: January 22, 2010
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

6.60%

6 Month Closed

3.75%

4.65%

1 Year

2.30%

4.55%

2 Year

2.90%

4.35%

3 Year

3.25%

4.45%

4 Year

3.74%

5.29%

5 Year

3.75%

5.85%

6 Year

            4.85%

5.90%

7 Year

5.15%

6.60%

8 Year

5.15%

6.60%

9 Year

5.37%

6.80%

10 Year

5.25%

6.95%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.63%

Prime Rate

2.25%

 
*Rates subject to change without notice *
 

If you are planning to purchase [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective: January 15, 2010

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

6.60%

6 Month Closed

3.75%

4.65%

1 Year

2.30%

4.55%

2 Year

2.90%

4.35%

3 Year

3.25%

4.45%

4 Year

3.74%

5.29%

5 Year

3.75%

5.85%

6 Year

            4.85%

5.90%

7 Year

5.15%

6.60%

8 Year

5.15%

6.60%

9 Year

5.37%

6.80%

10 Year

5.25%

6.95%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.63%

Prime Rate

2.25%

 
*Rates subject to change without notice *

If you are planning to purchase [...]

December Home Sales Second Highest on Record
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 132 per cent to 5,703 units in December compared to the same month last year. More homes were sold last month than in any December on record except 1989 when [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective: January 6, 2010,
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

6.60%

6 Month Closed

3.75%

4.65%

1 Year

2.35%

4.55%

2 Year

2.90%

4.35%

3 Year

3.25%

4.45%

4 Year

3.90%

5.29%

5 Year

3.84%

5.85%

6 Year

              4.85%

5.90%

7 Year

5.25%

6.60%

8 Year

5.15%

6.60%

9 Year

5.37%

6.80%

10 Year

5.25%

6.95%

15 Year

9.25%

              9.55%

18 Year

9.25%

              9.55%

25 Year

9.35%

9.63%

Prime Rate

2.25%

 
*Rates subject to change without notice *
                                                                                                                     
If [...]

Greater Toronto Area Resale Market Resilient in 2009
Greater Toronto REALTORS® reported 87,308 MLS® transactions in 2009 – a 17 per cent increase over 2008. This result included 5,541 sales in December. The 2009 result was in line with the healthy levels of sales experienced between 2004 and 2006, but lower than the record of 93,193 set [...]

A Year of Recovery for Victoria Area Real Estate Market

Last year was marked by a surprising and strong recovery for the Victoria area real estate market following the slowdown in 2008 and the early part of 2009. Total sales of homes and other properties rose by 24 per cent compared to 2008 while the value [...]