It was announced yes­ter­day that BMO is offer­ing a low “no frills” rate of 2.99% for 5 years. This is a great rate, and a his­tor­i­cal low for them.But, the rate does come with… Read More

The Future of Real Estate

Posted by welbanks On December - 28 - 2011 Comments Off

Here’s a great arti­cle from Prop­er­ty­Wire regard­ing the future of real estate and Realtors.

Bank of Canada Leaves Rate Unchanged

Posted by welbanks On October - 26 - 2011 Comments Off

At 9:00 am EST, Octo­ber 25th, 2011, the Bank of Canada did what we expected them to do… they main­tained their overnight rate.   Here is an excerpt of the… Read More

Market Commentary

Posted by welbanks On October - 26 - 2011 Comments Off

Bond yields fell early last week before ris­ing to end up just a bit higher than where they started. The early week decline in bond yields was the result of some… Read More

Fixed versus Variable Rates

Posted by welbanks On October - 6 - 2011 Comments Off

There has been more move­ment with vari­able rates.  More lenders are increas­ing their rates, now hov­er­ing around prime less .30.  There are still some out there that stand out from… Read More