Archive for June, 2011


Fri
3
Jun

Victoria BC Real Estate – Weekly Mortgage Rate Update

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc and Properties in Victoria Professionals™.
 
Mortgage Rates Effective:  June 3, 2011
 

Term
Our Best Rate
Bank Rates

6 Month Open
5.45%
6.70%

6 Month Closed
4.40%
4.40%

1 Year
2.64%
3.49%

2 Year
3.30%
3.95%

3 Year
3.50%
4.30%

4 Year
3.59%
4.44%

5 Year
3.69%
4.39%

6 Year
            4.59%
6.30%

7 Year
4.79%
5.55%

9 Year
5.17%
5.61%

10 Year
4.99%
5.64%

 
 
 

1 Year Variable
P-.40%
Prime

3 Year Variable
P-.80%
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 in [...]


Fri
3
Jun

Victoria BC Real Estate – BC Commercial Real Estate Update

BC Commercial Leading Indicator Pauses in Q1
The British Columbia Real Estate Association (BCREA) index of Commercial Leading Indicators (CLI) was virtually unchanged in the first quarter of 2011, albeit down 0.1 points to 108.6 from 108.7 in the fourth quarter of 2010. This is the first decline registered by the CLI in almost two years.
The [...]


Wed
1
Jun

Real Estate Victoria BC – June Market Update

Real Estate Sales Steady in May
June 1, 2011
The number of property sales throughout Greater Victoria in May showed little change compared to April while overall prices showed some softening. A total of 572 homes and other properties sold in May through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), virtually unchanged from the [...]