Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. August 3/11

By
Real Estate Agent with DFH Real Estate Ltd.

August 3, 2011...

Canadian Bank Prime Rate is currently 3.00%.

CanEquity Mortgage is offering 3.55% APR on a 5 year fixed closed mortgage.

The Toronto Stock Exchange (TSX) was up 63.71 points closing at 12,816.03.

Canadian/US Dollar Exchange Rate dropped 25 points to close at 103.89 USD.

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Topic:
Lending / Financial
Location:
British Columbia Capital Area Victoria Oak Bay
Groups:
Calgary Real Estate
Canada, eh
Canada's Real Estate Investment Group
Edmonton's Real Estate Connection!
Toronto (Canada) Real Estate
Tags:
canada prime rate
best mortgage rates canada
canadian mortgage rates
realtor victoria bc
ted tyrrell
dfh real estate ltd

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Anonymous
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Ambassador
1,191,036
Silvia Dukes PA, REALTOR
Florida Waterfront and Country Club Living
Tropic Shores Realty - Ich spreche Deutsch!

Ted, I've noticed how the Canadian Dollar has dropped over the last week or so.  It surprised me considering all that's going on over here, I would expected the US $ to weaken instead.

August 03, 2011 08:29 PM
Rainmaker
894,244
Brian Madigan
LL.B., Broker
RE/MAX West Realty Inc., Brokerage (Toronto)

Ted,

Well I see that I'm still about 1,200 points off my prediction.

Brian

August 03, 2011 10:34 PM
Rainmaker
398,111
Ted Tyrrell
Selling Homes in Beautiful Victoria
DFH Real Estate Ltd.

Silvia, it seems we can never figure out what is going on in money markets.

Brian, I think that today (Thursday) you are off by over 1,600 points!!! Oh dear, the world is collapsing aroung our ears.

August 04, 2011 05:51 PM
Anonymous
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Rainmaker
398,111

Ted Tyrrell

Selling Homes in Beautiful Victoria
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Additional Information

Greetings! I am a real estate professional in the beautiful city of Victoria, BC. I deal mainly with residential houses and condos, but as I personally have owned revenue properties for many years, I feel qualified to help you find the right investment property as well.