Week Ahead: Rate hike in the cards

General Angela Calla 19 Jul

Kim Covert, Financial Post · Friday, Jul. 16, 2010 Read more: http://www.financialpost.com/news/Week+Ahead+Rate+hike+cards/3288001/story.html#ixzz0u7teJzQu OTTAWA — Two major announcements bookending the coming week’s economic news will provide a clearer snapshot of the state of the Canadian recovery. The Bank of Canada will be first up when it makes its monthly interest rate announcement on Tuesday. But that […]

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Upbeat survey may pave way for interest rate hike July 20 2010

General Angela Calla 13 Jul

  By Julian Beltrame OTTAWA — Canadian firms are giving the recovery a vote of confidence in a key quarterly survey, paving the way for the Bank of Canada’s expected interest rate hike next week. The central bank’s quarterly survey, released Monday, showed firms were concerned about the fallout from the European sovereign debt mess, […]

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Is a rental suite in your home right for you?

General Angela Calla 5 Jul

Rental suite can help you pay off that mortgage but ‘it could be a nightmare’ Malcolm Morrison, The Canadian Press TORONTO – Buying a house with a rental suite can be just the ticket to help you pay off your mortgage years earlier than it might have otherwise been possible. But landlord beware: there are […]

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Weak Canadian GDP puts BoC on the spot

General Angela Calla 5 Jul

Eric Lam, Financial Post · Friday, Jul. 2, 2010 With Canada’s economy stumbling in April, adding fuel to speculation the country’s roaring recovery that began in September 2009 was coming to an abrupt end, economists warned Canada’s central bank will have to tread carefully on its plan to raise interest rates for the rest of […]

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Risk & Reality-Combination Mortgages

General Angela Calla 28 Jun

Helen Morris, National Post · Saturday, Jun. 26, 2010 There is a lot to consider when deciding whether to go for a fixed or variable rate mortgage — not least, your tolerance of risk and your ability to sleep at night. Generally, fixed rate mortgages charge a higher rate and cost more, but payments are […]

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HST won’t kill real estate

General Angela Calla 24 Jun

By ROBERT KOOPMANSDaily News Staff Reporter When it comes to the HST and real estate, consumer uncertainty reigns supreme. But the much-despised tax will likely not impact the real estate market much, despite the widely held perception on the part of consumers that the HST is pure evil. During a market analysis session at the […]

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Canada’s fiscal smarts on show

General Angela Calla 24 Jun

Country seen as model of sound banking regulation, money management at G8, G20   By Jacques Lemieux, Agence France-presse June 21, 2010     Unscathed by the global economic snarls of recent years, and as host of G8 and G20 summits later this month, Canada is presenting itself as a model of sound fiscal management […]

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Inflation dipped, perhaps a short term hold on higher rates?

General Angela Calla 23 Jun

CTV.ca News Staff Canada’s annual inflation rate dropped to 1.4 per cent in May from 1.8 per cent in April, mainly due to a moderation in gas prices and the falling price of clothing. The latest Statistics Canada inflation report released Tuesday also shows core inflation fell to 1.8 per cent from 1.9 per cent […]

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The Mortgage Show-Hot Topics

General Angela Calla 22 Jun

Check out hot topics we will be discussing on upcoming editions of The Mortgage Show with Angela Calla, AMP Dominion Lending Centres   Click Here  Tune in Saturday at 7pm on CKNW AM980 BC’s News Leader

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