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Mark Slobodan
RE/MAX Excellence
#201, 5607 - 199 Street, Edmonton, Alberta
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Edmonton Real Estate Blog

 

Find articles of interest relating to the Edmonton Real Estate Market, Edmonton in general, New Listings, and much much more ...

 

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326 - 331 of 331

Monday, June 14, 2010 - Prime Rate Goes Up

Prime rate goes up The Bank of Canada followed through with the largely expected, yet extremely cautious, increase to the overnight lending rate by a Ľ point. Lenders then took quick action to match the increase with the prime lending rate, bringing it to 2.50 per cent. This constitutes the first increase in almost 3 years. Amongst much global uncertainty Canada was the first G7 country to increase their key lending rate, indicating that Canada?s economic strength warranted the increase. That ... Full Article...

posted in Mortgage Rates at Mon, 14 Jun 2010 19:51:48 -0600



Wednesday, June 2, 2010 - The drive to end homelessness

Just one year after the launch of Edmonton?s 10-year plan to end homelessness, more than 500 people who were formerly without a place to live are now in a home of their own. In its first year, the plan set a target of 150 supported-housing units, but actually secured 424 units.?This is success far beyond what we anticipated,? says Anne Smith, chair of Edmonton?s Homeless Commission. She credits leadership and support from the City of Edmonton, and dollars from the provincial government. Last ... Full Article...

posted in Edmonton News at Wed, 02 Jun 2010 18:56:52 -0600



Wednesday, June 2, 2010 - REACHing out to Edmontonians

In September 2009, Edmonton City Council unanimously passed the landmark REACH Report on community safety. Subtitled ?Building a culture of community safety in ONE generation?, the REACH report calls boldly for Edmontonians to engage in a new approach to coordinating community safety in our city.These recommendations will help us address the root causes of crime and ensure at-risk individuals get the support they need so they don?t resort to crime. By investing in crime prevention, we?ll ...

posted in Edmonton News at Wed, 02 Jun 2010 18:54:33 -0600



Wednesday, June 2, 2010 - Festival frenzy begins

Internationally known as Festival City, Edmonton celebrates year-round with a huge variety of exciting observances. But at no time is there more entertainment available than in the summer, and the events of the next month are proof! As if that?s not enough, the surrounding communities have their own summer festivities as well, welcoming visitors and residents alike. First up is next week?s Rainmaker Rodeo from May 28th to 30th at various locations in St. Albert, including a pancake breakfast at ... Full Article...

posted in Edmonton Events at Wed, 02 Jun 2010 18:51:22 -0600



Wednesday, June 2, 2010 - Bank of Canada raises key interest rate

Borrowing costs for consumers and businesses are rising. The TD Bank was the first to announce a quarter-point hike in its prime lending rate to 2.5%, effective Wednesday, after the Bank of Canada increased its trendsetting rate an identical amount to 0.5% Tuesday morning. Canada?s other chartered banks, the prime source of lending for such things as mortgages and business credit, were expected to follow suit. It was the first time the central bank has actually raised its policy rate since July ... Full Article...

posted in Mortgage Rates at Wed, 02 Jun 2010 18:34:45 -0600



Wednesday, June 2, 2010 - REALTORS face relaxed housing market with stable pricing

REALTORS® face relaxed housing market with stable pricing Edmonton, June 2, 2010: The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008. ?Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year,? said Larry Westergard, president of the REALTORS® ... Full Article...

posted in Edmonton Real Estate at Wed, 02 Jun 2010 18:26:08 -0600



326 - 331 of 331
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