Mortgage News & Press Releases - February 2000
- Bank Rate Raised by 1/4 Percentage Point to 5 1/4 Per Cent
OTTAWA, Ontario, 3 February, 2000 — The Bank of Canada raised its Bank Rate today by ¼ of one percentage point to 5¼ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank's target for the overnight rate is now 5 per cent. This increase in interest rates by the Bank, which follows the decision yesterday by the U.S. Federal Reserve …
- Home 2000 Designed for West Coast Living
VANCOUVER, British Columbia, February 22, 2000 — As soon as you walk through the doorway, you realize Home 2000 is very special place to call home. Home 2000 incorporates the latest in housing research from Canada Mortgage and Housing Corporation (CMHC), Canada's housing experts. It was designed and constructed using off-the-shelf building products and materials to create an affordable, …
|
Below is a tally of our most popular mortgage product inquiries made using our secure online application for Internet users in the province of Prince Edward Island.
| Mortgage Type | | Inquiries | | First-time Buyer | | 20.91% | | Qualification | | 19.51% | | Refinance | | 17.77% | | Purchase | | 16.72% | | No Money Down | | 13.59% | | Renewal | | 5.92% | | Pre-approval | | 1.39% | | Low Doc | | 1.05% | | Commercial | | 1.05% | | Equity Mortgage | | 1.05% | | Other | | 1.05% | | Last Tally: Apr 29 at 05:00:38 |
The better your credit report looks to a lender, the better chance you have at getting a higher loan at a lower rate.
It's important to know you credit rating. You might be surprised what you learn.
|
