Real Estate Information and Market Trends| Real Estate Victoria BC

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals™. Mortgage Rates Effective:  July 31, 2010

Term
Our Best Rate
Bank Rates

6 Month Open
5.75%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.54%
3.05%

2 Year
2.99%
3.90%

3 Year
3.40%
4.25%

4 Year
3.89%
4.69%

5 Year
3.89%
4.90%

6 Year
 4.85%
5.25%

7 Year
4.85%
5.30%

9 Year
5.43%
5.73%

10 Year
5.49%
5.95%

 
 
 

1 Year Variable
P-.20%
 

3 Year Variable
P-.70%
                   

5 Year Variable
P-.60%
 

Prime Rate
2.75%

 
*Rates subject to change without notice *If you are planning to [...]

Home sale to decline this year and rebound in 2011
The British Columbia Real Estate Association (BCREA) released its Housing Forecast Update for the third quarter of 2010 today.
“The volatility in consumer demand characteristic of the past 24 months is expected to give way to more gradual improvement through 2011,” said Cameron Muir, BCREA Chief Economist. [...]

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective:  July 23, 2010
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.75%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.54%
3.05%

2 Year
3.10%
3.90%

3 Year
3.40%
4.25%

4 Year
3.89%
4.69%

5 Year
3.99%
4.90%

6 Year
            4.85%
5.25%

7 Year
4.85%
5.30%

9 Year
5.43%
5.73%

10 Year
5.49%
5.95%

 
 
 

1 Year Variable
P-.20%
 

3 Year Variable
P-.70%
                   

5 Year Variable
P-.60%
 

Prime Rate
2.75%

 
*Rates subject to change without notice *
If you are planning to [...]

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  July 16, 2010
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.75%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.54%
3.05%

2 Year
3.10%
3.90%

3 Year
3.40%
4.25%

4 Year
3.99%
4.69%

5 Year
4.09%
4.90%

6 Year
            4.85%
5.25%

7 Year
4.85%
5.30%

9 Year
5.43%
5.73%

10 Year
5.49%
5.95%

 
 
 

1 Year Variable
P-.20%
 

3 Year Variable
P-.70%
                   

5 Year Variable
P-.60%
 

Prime Rate
2.50%

 
*Rates subject to change without notice *
If you are planning to [...]

Sales Drop and Inventory Up in Victoria BC
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 23 per cent to 7,722 units in June compared to the same month last year. On a seasonally adjusted basis, MLS® residential unit sales in the province declined 5 [...]

Greater Toronto REALTORS® reported 8,442 sales through the Multiple Listing Service® (MLS®) in June. This represented a 23 per cent decrease compared to the record 10,955 sales reported in June 2009. Sales for the second quarter of 2010 amounted to 28,810 – up one per cent annually. Year-to-date sales through June were up 23 per [...]

The Properties in Victoria Professionals™ Team is proud to announce the listing of a wonderful Home in Mill Bay, BC.
4 Acre Mill Bay Home w/ Additional Accommodation
$747,000

 
 
 
 
 

With a distinctly European flavour, this superb 3000 sqft home sits graciously on over 4 acres of stunning Mill Bay estate. The home features gorgeous high-end wood frame windows, hardwood floors, fireplaces [...]

Weekly Mortgate Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
Mortgage Rates Effective:  July 9, 2010
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.75%
6.45%

6 Month Closed
3.95%
4.90%

1 Year
2.54%
3.05%

2 Year
3.10%
3.90%

3 Year
3.40%
4.25%

4 Year
4.14%
4.69%

5 Year
4.09%
4.90%

6 Year
            4.85%
5.25%

7 Year
4.95%
5.30%

9 Year
5.43%
5.73%

10 Year
5.49%
5.95%

 
 
 

1 Year Variable
P-.20%
 

3 Year Variable
P-.70%
                   

5 Year Variable
P-.60%
 

Prime Rate
2.50%

 *Rates subject to change without notice *
If you are planning to [...]

Real Estate Good Choices Available for Buyers as Sales Soften and Inventory Rises in June
 
Greater Victoria home buyers have a growing number of properties from which to choose as inventory levels rose to 4,730 properties available for sale at the end of June – up 25 per cent from the 3,794 available properties a year earlier. [...]