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Not long ago Bank of Canada Governor Mark Carney and Finance Minister Jim Flaherty were warning that high personal debt levels could become unmanageable when interest rates moved higher. With the debt problems in the US and Europe, economists are now forecasting interest rates to stay low, taking the pressure off Canadians with mega-mortgages and credit lines.
For the full article, please click on the link below:
The Globe and Mail – August 10th, 2011
Lorraine Gingras I Mortgage Specialist I Vancouver B.C.
RBC Royal Bank I T: 604-315-6216 I F: 604-266-9916
Fawn Bluff,Bute Inlet
2606 – 2610 Marine Crescent,Vancouver West
1098 Wolfe Avenue,Vancouver West
5476 Angus Drive,Vancouver West
4176 Crown Crescent,Vancouver West
6335 Elm Street,Vancouver West
1075 Douglas Crescent,Vancouver West
3690 East Boulevard,Vancouver West
4335 Rockridge Road,West Vancouver
9911 Bates Road,Richmond
3535 West 15th Avenue,Vancouver West
611 Shaw Avenue,Coquitlam
481 West 17th Avenue,Vancouver West
3696 West 2nd Avenue,Vancouver West
4114 West 12th Avenue,Vancouver West
621 Shaw Avenue,Coquitlam
15180 Columbia Avenue,South Surrey White Rock
2025 West 14th Avenue,Vancouver West
601 Shaw Avenue,Coquitlam
605 Shaw Avenue,Coquitlam
615 Shaw Avenue,Coquitlam
32 West 14th Avenue,Vancouver West
2832 153A Street,South Surrey White Rock
1294 Lansdowne Drive,Coquitlam
113 – 9299 Tomicki Avenue,Richmond
140-15230 Guildford Drive,Surrey
303 – 930 West 16th Avenue,Vancouver West
102-2130 West 12th Avenue,Vancouver West
205 – 9388 Tomicki Avenue,Richmond
205-930 West 16th Avenue,Vancouver West
509-360 East 36th Avenue,Vancouver East
851-855 Terminal Avenue,Vancouver East
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