Published by the Economics Department, Central 1 Credit Union, 1441 Creekside Drive, Vancouver, B.C. V6J 4S7   Housing market activity in British Columbia is set to gradually improve over the next two years after deteriorating sharply for most of 2010. While weak demand is forecast to persist into early 2011...

Garry Marr, Financial Post · Friday, Sept. 24, 2010 It’s hard to imagine, but there was a time when the mortgage on your home was something a buyer wanted to take off your hands. But who can remember the 1980s and double-digit inflation, when a single-digit mortgage...

Mark Jennings-Bates Castanet Sept 24, 2010 Recently I have been spending a lot of time meeting former developer clients and existing developer clients. The similarity between recent history should perhaps not be too surprising. There are very few western Canadian developers who have not been impacted...

By Julian Beltrame, The Canadian Press OTTAWA — Canadian inflation resumed tracking lower last month after an extraordinary spike in July that accompanied increases in sales taxes in three provinces. Statistics Canada said Tuesday that consumer prices edged down one-tenth of a point to an annualized rate...

John Greenwood, Financial Post · Friday, Sept. 17, 2010 To understand the housing market and where it’s headed, it’s a good idea to take a close look at the big banks. As providers of more than 60% of home loans in Canada they are major players, determining...

For most homeowners, paying off their mortgage quickly – so that they own their home free and clear – is a top priority. Paying down additional principal during the first years by a variety of means can shorten the mortgage — and dramatically lower the...

If you are thinking of refinancing this is a great time to do it as Valley First Credit Union is offering us 3.65% on a 5 year fixed rate mortgage. They provide great service to the Okanagan/Thompson  region including Kelowna, Vernon, Penticton, Kamloops and the...

Can you afford to take a year off? Helen Morris, National Post · Saturday, Sept. 11, 2010 As the summer draws to a close and our vacation away from the office feels like a distant memory, thoughts may turn to taking a longer sabbatical. Perhaps you have...