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:  March 25, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.45%

1 Year
2.64%
3.50%

2 Year
3.25%
3.75%

3 Year
3.42%
4.35%

4 Year
3.64%
5.14%

5 Year
3.74%
5.44%

6 Year
            4.74%
5.95%

7 Year
4.75%
6.34%

9 Year
4.90%
5.60%

10 Year
4.99%
6.65%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.85%
Prime

5 Year Variable
P-.80%
Prime

Prime Rate
3.00%

 
*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:  March 18, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.45%

1 Year
2.64%
3.50%

2 Year
3.25%
3.75%

3 Year
3.42%
4.35%

4 Year
3.64%
5.14%

5 Year
3.84%
5.44%

6 Year
            4.74%
5.95%

7 Year
4.85%
6.34%

9 Year
5.10%
5.60%

10 Year
4.99%
6.65%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.85%
Prime

5 Year Variable
P-.80%
Prime

Prime Rate
3.00%

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

Vancouver Leads BC Housing Markets
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 5 per cent in February from January 2011, on a seasonally adjusted basis. Compared to February of 2010, MLS® residential unit sales increased 8 per cent to 6,410 units. The average MLS® [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  March 11, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.45%

1 Year
2.64%
3.50%

2 Year
3.25%
3.75%

3 Year
3.42%
4.35%

4 Year
3.74%
5.14%

5 Year
3.89%
5.44%

6 Year
            4.66%
5.95%

7 Year
4.85%
6.34%

9 Year
5.05%
5.60%

10 Year
5.19%
6.65%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.85%
Prime

5 Year Variable
P-.80%
Prime

Prime Rate
3.00%

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

Vancouver Island Up-Island Real Estate Update from Steve Pakodzy
NANAIMO                      FEB. 2011            JAN. 2011            FEB. 2010
UNIT SALES:                         96                          55                        81
 
AVERAGE
SALE PRICE:                     $363,317.00           $340,482.00            $370,747.00
 

Nanaimo housing unit sales were up 19% from Feb. 2010 thru Feb. 2011. The average sale [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionalsâ„¢.
 
Mortgage Rates Effective:  March 4, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.45%

6 Month Closed
3.95%
4.45%

1 Year
2.64%
3.50%

2 Year
3.25%
3.75%

3 Year
3.60%
4.35%

4 Year
3.84%
5.14%

5 Year
3.94%
5.44%

6 Year
            4.66%
5.95%

7 Year
4.85%
6.34%

9 Year
5.05%
5.60%

10 Year
5.20%
6.65%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.85%
Prime

5 Year Variable
P-.80%
Prime

Prime Rate
3.00%

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

Real Estate Sales Increase in February
The number of property sales throughout Greater Victoria rose in February. Prices remained mixed while the number of properties available for sale also rose. A total of 488 homes and other properties sold in February through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), up from the 339 sales [...]