Dodge Ball

"some economists believe the Bank of Canada may be habitually overestimating inflation "

Gee Thats What I Said

"The strong Canadian dollar is doing the Bank of Canada's job for it -- keeping a lid on inflation -- and in doing so is saving each Canadian household hundreds, if not thousands, of dollars, and the economy billions."

No Need For Sheriff Dodge

" Canada April inflation lags So when will David Dodge retire, there's nothing for him to do. The economy takes care of itself."

Housing Market Projected to Slip

Many folks are now fretting that housing might enter the stage similar to the one experienced in the 1990's- the tech-stock 'bubble". This is because of the many headlines hinting that the housing market may...

The Sun's Loonie Editorial

"The Editorial in yesterdays Edmonton Sun was a piece of fiscal fiction. Pulp fiction reads better, and the supermarket tabloids are more reliable on economics. Really they claim that the loonie is doing well because we elected a Conservative government."

Real Estate Dropping

RP - Prices are compared year-over-year by NAR. This is to remove the seasonal effects in home rates. Median prices across the country dropped on the first quarter from last year's fourth quarter of $225,300 to $217,900. This is a fall of 3.3%. Washington D.C., Los Angeles,...

Legislation on the Full Disclosure on Real Estate Prices

A proposal was recently presented by a Texas lawmaker. The proposal was a legislation that will require full disclosure on real estate prices in every state. The chief sponsor of the legislation was Sen. Jeff Wentworth of San Antonio. The legislation that would require full...

Recent Fed Moves Did not have Big Impact on Rates

The Primary Mortgage Market SurveySM results were recently released by Freddie Mac/ The 30-year fixed-rate mortgage had an average of 6.58% for the week ending May 11, 2006. The result was down from last week's average of 6.59%. The 15-year fixed-rate mortgage for the week...

Improved air transport ups Vermont real estate values

RP - Vermont’s real estate values have increased and surpassed that of the New York region, thanks to an improved transportation scheme as well as competitive airline rates. The price of houses in Burlington, Vermont rose to 3.6 percent during the last quarter of last...

The United States is drowning in Government Debt

Congress has voted yet again to raise the federal debt ceiling. The U.S. Treasury has issued urgent warnings.

Real Estate Market - Entering the Dead Zone

RP - The great housing bubble has now come to a point of deflation. The five years of price gains saved America from the collapse of the stock market. It has placed billion's to consumers and cause ignition of a...

Tory Bankers

"So who really benefits from the Tories tax cuts the most. Why the most underprivileged of all Canadians. The Banks. "

SPECIAL GUESTS

"They would do nothing more than stare at you" she repeated. "And this would be symbolic - it would indicate that they would kill you?" I responded in confusion. "My father was on the blacklist, he could not enter...

Can You Buy a Real Estate for $500K?

The median price for a single-family house reached $626, 000 in Bay area. This is the third time it has been the national average. The high costs of homes make 2 out 5 residents think twice about moving to a new...

Mortgage Rates Up For 5 Consecutive Weeks- Bankrate

RP - Fixed mortgage rates have increased again. Fixed mortgage rates increased with the average 30-fixed rate mortgage. Bankrate.com reported on its weekly national survey of large lenders that the fixed mortgage rates reached 6.64%. On the other hand, the average 15-year...

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