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  1. M

    Heloc

    The prime rate of the 5 major banks in Canada is 2.25%. The 0.25% rate from the Bank of Canada is called the overnight lending rate. http://en.wikipedia.org/wiki/Overnight_rate http://en.wikipedia.org/wiki/Prime_rate
  2. M

    So, um, when are condo prices supposed to drop again?

    Great posts Eug, you obviously know what you're talking about. Something I would like to add though. The average house in 1953 looks nothing like the average house in 2007-2008. Which might explain why it seems like house prices have been increasing in value faster than the CPI. I think it's...
  3. M

    Canadian home prices in March were down 5.8% from a year earlier

    I prefer this chart: http://www.chpc.biz/ I've seen Garth Turner link to this chart so I wonder which stats are correct.
  4. M

    should i invest into L tower?

    If you're so unsure about it don't do it.
  5. M

    Ottawa MLS bid and Kanata stadium proposal

    History will show Ottawa to be one of the last major cities in North America to build a sports stadium in the suburbs. This will prove to be a costly mistake.

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