The reason to talk to Me!

I came across this article today and it talks about the difference between a mortgage broker and the bank...

Get your mortgage advice from A Mortgage EXPERT!

http://www.calgaryherald.com/business/Brokering+best+mortgage+deal/4526517/story.html

Calgary ranks 3rd on Global Prosperity!

We are fortunate to be living in Calgary!
It's a great place to be!

http://www.calgaryherald.com/business/Calgary+ranks+third+global+prosperity+score+card+Toronto+Board+Trade/4517693/story.html

I am looking forward to finish up my work and head outside to enjoy this beautiful day.

Election pushes back rate hike?

OMG, where have I been the last year?

After a line up of almost 2 hours on Saturday morning, we are finally owners of the new IPAD 2! We are already addicted to it! It's so much fun. I didn't know how much fun I have been missing out on for so long.

Now, the only problem is EVERYONE wants to use it at the same time, including Emma and Anna!

I am not in support of another federal election, but if it means that it will delay the Bank of Canada Rate Hike, I am okay with that.

http://www.financialpost.com/news/Possible+election+pushes+back+rate+hikes+CIBC/4490353/story.html

Let's hope Spring will arrive soon!

Have a great week

Tragedy in Japan will....

This is a good article to read about the impact of Japan has on Canada.

http://ca.news.yahoo.com/canadian-gdp-grow-pace-four-per-cent-first-20110317-061726-639.html

Lower Mortgage Rates!

Hope you all had a great St. Patrick's Day and had some green beer???

Finally, it's time for some nice weather! Hopefully it will stay nice for quite sometime.

It's been some kind of week for us. Our home has been attacked by the germs that are flying around town. Just as Little Anna finished up her anti-biotics, she was hit with the flu. My mom, Emma and my husband all caught the bug! We had few hours of sleep and trying to catch up is not easy! It was truly the worst week for us as parents.

My heart goes to all the people in Japan! It makes me appreaciate what we have around us! I know that Japan will come back stronger than ever! My prayers also go to all my friends' family members in Japan.

The real estate market is picking up. Things are hopping and houses are selling.

Here's the latest article that i find interesting for you to review:

Global instability leads to lower mortgage rates in Canada
By | 16/03/2011 9:43:00 AM | 0 comments
Global instability, highlighted by turmoil in Libya and Japan, has caused Canadian banks to drop their mortgage rates.

Just as changes to mortgage rules come into effect Friday are likely to make borrowing for a new home more difficult, the latest drop in interest rates has helped potential new borrowers in the short term find a more affordable price.

The Royal Bank of Canada (RBC), along with the Bank of Montreal, slashed its rates on various fixed rate mortgages. Other lenders are also expected to follow suit.

After heightened confidence led to mortgage rate increases last month, banks are now following the cue of declining bond rates, according to the Globe and Mail.

For the RBC, the country’s largest bank, its residential mortgage special fixed rate was unchanged at 3.2% for one-year closed mortgages, but its four-year special fixed rate for closed mortgages was reduced 0.15% to a rate of 4.19%.

The same rate, 4.19%, now applies to five-year special fixed rate closed mortgages, which are down 0.1%, while 5.1% applies to a seven-year closed special fixed rate, which is down 0.2%.

Prime rate unchanged

As expected, the Bank of Canada keeps rate unchanged.
Please see the attached article.

http://ca.finance.yahoo.com/news/Bank-Canada-keeps-short-term-capress-3272240631.html?x=0

It's blurr cold out, please drive safe and stay warm!