CURRENT RATES

5 Year Mortgage Rates
Term TypeRatePromo & Info
5 YearFixed (standard)2.49%
5 YearFixed (promo)2.29%-*call for restrictions
-High Ratio Only
-Meet property guidelines
5 YearFixed (promo)2.49% & -Condo Doc Review, Reimbursement $500 *call
5 YearVariable (promo)2.10%
* Subject to change without notice *OAC *Some Underwriting Restrictions Apply
Our Mortgage Rates
TermTypeRate
2 YearFixed2.19%
3 YearFixed2.29%
4 YearFixed2.39%**High Ratio Only
5 YearFixed2.29%**restricted, call for details
6 YearFixed2.99%
7 YearFixed2.99%
10 YearFixed3.54%

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Calgary September 2014 Housing Stats

October 22, 2014 | Posted by Nathan Zacharias | Tagged in

September 2014 Monthly Housing Statistics

Condos are still hot! Prices continue to recover set the pace for a great 2014 wrap up! Real Estate owners must be feeling warm and fuzzy we see continued momentum and strong reporting from the Calgary Real Estate Board!

Five months strait condo have set the stage for sales ahead of single family homes. Such strength in sales hopefully means the new supply of condos to be hitting the market in 2015 will be met with Strong demand. Many people worry about this but new buildings coming online with this type of condo hype is a good sign.

Will urban sprawl and driving distance coupled with an emergency identity of our inner city and beltline shift demand even more in the favor of condos? It will be interesting to see!