The Bank of Canada announced Another 50 bps trimmed off the policy rate and talk about adding quantitative easing to the mix.
The economy sagged in the fourth quarter and first-quarter reports point to a larger contraction in early 2009.
I tend to agree with the expert financial institutions that current interest rates are low and fiscal stimulus is in the pipeline, setting up for a recovery later this year.
Read more about:
- Interest Rates
- Power of Sale Properties
- Price Trends
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Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.
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( BUS 905-828-3434
›mark@mississauga4sale.com
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