Agent Blogs


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Mortgage Market Update...

Feb 21, 2013

Blog posted by Cory Kline, AMP Views (4328)

No changes in rates the past week ... 5 year funds remain in the 2.94-3.19% range, 10 year funds as low as 3.69%. Variable rate mortgages are available as low as 2.65%.... [ read more ]

Canadian Market Update...

Jan 28, 2013

Blog posted by Cory Kline, AMP Views (2862)

Canada • Citing a more muted inflation outlook and constructive evolution of imbalances in the household sector, the Bank of Canada stated that the withdrawal of monetary stimulus is less imminent than previously anticipated. That surprised markets, and... [ read more ]

Bank of Canada signals no rate hikes anytime soon...

Jan 24, 2013

Blog posted by Cory Kline, AMP Views (3403)

Industry News   While the Bank of Canada acknowledges the economic outlook here and elsewhere “is slightly weaker” than thought, policymakers are also offering up some hope for the near future.   In a nutshell, Canada’s economy is... [ read more ]

Economic Highlights for the Past Week...

Jan 22, 2013

Blog posted by Cory Kline, AMP Views (2666)

Canada • The Bank of Canada’s Business Outlook Survey revealed that businesses are mildly optimistic about the future. Manufacturing sales also came in better than expected earlier this morning. • The third Canadian data release for the week was... [ read more ]

Economic Highlights this past week

Jan 11, 2013

Blog posted by Cory Kline, AMP Views (2620)

  • The U.S. Congress reached a deal to avoid the worst of the fiscal cliff, although a decision on scheduled spending cuts was pushed back two months. This outcome was quite close to our expectation, and as such our macroeconomic outlook remains... [ read more ]

Market Update

Jan 11, 2013

Blog posted by Cory Kline, AMP Views (2569)

Bond rates inched up the past week, resulting in a few lender's raising their fixed rates by 5 basis points. We have 5 year terms available in the 2.98% range and 10 year terms from 3.79%. Variable rates... [ read more ]

Mortgage Market Update

Jan 3, 2013

Blog posted by Cory Kline, AMP Views (2771)

There were no changes to rates over the holiday season. If you have a variable rate of any more than prime +.75 or a fixed rate of... [ read more ]

Mortgage Market Update

Dec 13, 2012

Blog posted by Cory Kline, AMP Views (2993)

Both the mortgage and bond rates remained steady the past week, remaining close to historical lows. We have 5 year money at 2.99% with many lenders,10 year funds as low as 3.79% and variable rates in the... [ read more ]

Bank of Canada Announcement

Dec 4, 2012

Blog posted by Cory Kline, AMP Views (3123)

As expected, there was no change in the Bank of Canada press release. Bank prime remains at 3%.   This means no changes in variable rate mortgages or line of credit rates.... [ read more ]

Cory's Mortgage Market Update

Nov 29, 2012

Blog posted by Cory Kline, AMP Views (2919)

Both the bond market and interest rate market remained steady the past 7 days. We have 5 year money as low as 2.99%, 10 year money as low as 3.79%. Variable rate costs as low as prime less.35%.... [ read more ]

Cory's Market Comment...

Nov 15, 2012

Blog posted by Cory Kline, AMP Views (3631)

An uneventful week in terms of interest rates. Bonds remained steady with 5 year money currently in the 2.99% - 3.09% range. We still have 10 year funds available at 3.89%.... [ read more ]

Market Update and Economic Forecast...

Nov 8, 2012

Blog posted by Cory Kline, AMP Views (2964)

Rates remained unchanged the past week. In the article below is a summary of an economic forecast given by Craig Alexander of TD Bank, one of Canada's top economist, last evening.... [ read more ]

Fall and Winter Maintenance Calendar:

Nov 7, 2012

Blog posted by Cory Kline, AMP Views (4395)

Fall and Winter Maintenance Calendar: Fall is the perfect time to get your home ready for the coming winter, which can be the most gruelling season for your home. During winter months, it’s important to follow... [ read more ]

Article from The Globe and Mail: Pay your mortgage like it’s 2007. You'll save a pile of money...

Nov 6, 2012

Blog posted by Cory Kline, AMP Views (3492)

Just 60 short months ago, mortgage rates were double what they are now. That means payments on a 25-year mortgage of equal size were 36% higher than today.Since then, the amortization gods have slashed mortgage rates and payments. Compared to interest costs in... [ read more ]

100% Mortgage Update...

Nov 5, 2012

Blog posted by Cory Kline, AMP Views (2806)

100% Mortgage Update... We have started the "Bank" new year on Nov 1st, and almost all lending companies have removed their 100% Mortgage options. However I have called CMHC, Genworth and Canada Guaranty, and they are all still offering the Cash Back Down... [ read more ]


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