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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Ambassador
1,303,684
Silvia Dukes PA, REALTOR
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

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.

Aug 03, 2011 08:29 PM #1
Rainmaker
895,502
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Ted,

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

Brian

Aug 03, 2011 10:34 PM #2
Rainmaker
419,784
Ted Tyrrell
DFH Real Estate Ltd. - Victoria, BC
Selling Homes in Beautiful Victoria

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.

Aug 04, 2011 05:51 PM #3
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Rainmaker
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Ted Tyrrell

Selling Homes in Beautiful Victoria
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