May 31st, 2011
Canada Banks easing qualifications for conventional mortgage loans & apartment market vacancy rates:
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Bank of Canada likely raise interest rates by 0.25% in July, and as much as a further 1.5% by Fall. As investors, get yourself pre-approved to the current low interest rates. Last month, Scotiabank lowered its conventional qualifying interest rates, and last week FirstLine(a division of CIBC) did the same. Lower qualification rates make it ea ...