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Mortgage Broker News | 28 Mar 2011, 12:00 PM Agree 0
An “election reprieve” from interest rate hikes may not translate into the busy spring season brokers were hoping for, with industry leaders identifying a possible downside to the federal campaign.
  • Russ Cameron | 29 Mar 2011, 08:47 AM Agree 0
    I feel as a Mortgage broker in rural Alberta that the federal election will have a small effect on folks buying home until after the results of same are known due to the what is the new gov't going to do for industry agriculture etc which will effect their ability financially.
  • Leo Lee | 31 Mar 2011, 05:29 AM Agree 0
    Good grief. Only ARM/VRMs are related to Prime. Fixed rates are related to bond rates and 5-yr Government of Canada bond has been slowing marching up again. This is much ado about nothing. Distraction the Federal election may be, but it is only short term. Long term? Look at the fundamentals. Interest rates going up back to normal is only a matter of time. What is our employment picture like? Are consumers all tapped out?
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