Article in the Calgary Herald yesterday speaks to Canadian residential mortage market in much better shape than U.S.
BC's multi-family investment sector is picking up steam after hitting what appears to have been the bottom of the market for this sector in the fourth quarter of 2008. Click here for full details
This morning the BoC lowered the bank rate by 1/4 of a per cent - full article here
Bloomberg news article this morning states that Canadian Mortgage Rates are not likely to fall (according to Phil Soper, chief executive officer of Brookfield Real Estate Services Fund.
CHMC posted the following press release April 8, 2009
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