Real Estate Information and Market Trends| Real Estate Victoria BC

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc.
 
Mortgage Rates Effective: October 2, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.75%

5.20%

1 Year

2.55%

5.00%

2 Year

2.89%

5.75%

3 Year

3.35%

5.75%

4 Year

3.59%

5.75%

5 Year

3.84%

5.75%

6 Year

            4.85%

6.09%

7 Year

5.15%

6.09%

8 Year

5.15%

6.09%

9 Year

5.57%

6.09%

10 Year

5.25%

6.29%

15 Year

9.45%

            9.55%

18 Year

9.45%

            9.55%

25 Year

9.55%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
For more information about these rates and for mortgage inquires [...]

No guarantee rates will stay low, Carney warns
 
Bank of Canada Governor Mark Carney was visiting our wonderful City this past Monday and spoke to the Victoria Chamber of Commerce. Below is an article from the Financial Post about the speech.
 
Paul Vieira, Financial Post
OTTAWA — Governments will be required to undertake “concerted” and “sharp” efforts to [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc.
Victoria BC
 
Mortgage Rates Effective: September 11, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.55%

5.00%

2 Year

2.89%

5.75%

3 Year

3.39%

5.75%

4 Year

3.85%

5.75%

5 Year

3.89%

5.75%

6 Year

            4.85%

6.09%

7 Year

5.25%

6.09%

8 Year

5.35%

6.09%

9 Year

5.57%

6.09%

10 Year

5.35%

6.29%

15 Year

9.45%

            9.55%

18 Year

9.45%

            9.55%

25 Year

9.55%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
For more information about these rates and for [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc.
Victoria BC
 
Mortgage Rates Effective: August 28, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.65%

5.00%

2 Year

2.90%

5.75%

3 Year

3.39%

5.75%

4 Year

3.85%

5.75%

5 Year

4.09%

5.75%

6 Year

            5.05%

6.09%

7 Year

5.30%

6.09%

8 Year

5.35%

6.09%

9 Year

5.42%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
For more information about these rates and for [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc.
Victoria BC
Mortgage Rates Effective: August 7, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.65%

5.00%

2 Year

2.90%

5.75%

3 Year

3.55%

5.75%

4 Year

3.89%

5.75%

5 Year

4.19%

5.75%

6 Year

            5.05%

6.09%

7 Year

5.20%

6.09%

8 Year

5.35%

6.09%

9 Year

5.30%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
For more information about these rates and for [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc. Victoria BC            
 
Mortgage Rates Effective: July 24, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.75%

5.00%

2 Year

2.95%

5.75%

3 Year

3.55%

5.75%

4 Year

3.89%

5.75%

5 Year

4.19%

5.75%

6 Year

            5.05%

6.09%

7 Year

5.20%

6.09%

8 Year

5.35%

6.09%

9 Year

5.30%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
 
For more information about these rates and for [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc. Victoria BC 

Mortgage Rates Effective: July 17, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.75%

5.00%

2 Year

2.95%

5.75%

3 Year

3.55%

5.75%

4 Year

3.89%

5.75%

5 Year

4.19%

5.75%

6 Year

            5.05%

6.09%

7 Year

5.30%

6.09%

8 Year

5.35%

6.09%

9 Year

5.42%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 *Rates subject to change without notice *
 

For more information about these rates and for mortgage [...]

Weekly Mortgage Rate Update from DLC Prime Mortgage Works Inc. Victoria BC            
 
Mortgage Rates Effective: July 10, 2009
 

Term

Our Best Rate

Bank Rates

6 Month Open

5.50%

7.80%

6 Month Closed

3.95%

5.20%

1 Year

2.75%

5.00%

2 Year

2.95%

5.75%

3 Year

3.55%

5.75%

4 Year

3.89%

5.75%

5 Year

4.19%

5.75%

6 Year

            5.25%

6.09%

7 Year

5.35%

6.09%

8 Year

5.35%

6.09%

9 Year

5.42%

6.09%

10 Year

5.25%

6.29%

15 Year

9.25%

            9.55%

18 Year

9.25%

            9.55%

25 Year

9.35%

9.65%

Prime Rate

2.25%

 
*Rates subject to change without notice *
                                                                                                                     
For more information about these rates and [...]

Canadian Real Estate Trends
 
The Canadian Real Estate Market continues to prove resilient during these tough economic times. Here are a few charts showing you all the numbers. As well here is a news clip for the President of Royal LePage Phil Soper on Canada AM.
 
 
National Price Chart
 
 
Market Survey Chart
 

Phil Soper’s Interview on Canada AM
 

For more [...]

 
STABLE NATIONAL REAL ESTATE MARKET FORECAST TO ENDURE
– Housing market sees bounce back from ‘awful winter’ – Royal LePage revises forecast to the positive –
 
TORONTO, July 7, 2009 – Canada’s resale housing market recovered lost ground in the second quarter and is poised to stabilize for the remainder of 2009, after a very slow start [...]