Is The Canadian Housing Market Sustainable?

Is the Canadian economy a success story that we should follow, or are the Canadians traveling down the same path as the American economy?  This is an important question for the citizens here in the U.S.  We are watching as Canada announces better economic numbers and predicting increasing home sales.  According to Canada Mortgage and [...]

Fed Purchases Of Mortgage Backed Securities To End

The Federal Reserve Bank will discontinue buying mortgage backed securities in March 2010.  The Federal Reserve has been actively supporting the treasury and mortgage markets with purchases of treasuries and mortgage backed securities since fall 2008.
This could have an impact on the mortgage climate for the foreseeable future.  A Morgan Stanley chief economist feels treasury [...]

Federal Reserve Move Lowers Mortgage Rates Below 5%

The Federal Reserve will increase its purchases of mortgage-backed securities this year by $750 billion.  This is on top of the $500 billion promised between January and June.  Market watchers expect the move to drive down mortgage rates in coming weeks.
Mortgage rates are already at near-record lows. Nationally, the average 30-year fixed mortgage was 4.94 [...]

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  • Is The Canadian Housing Market Sustainable?
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  • Coalition Proposes Mortgage Principal Reduction Plan
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