基准利率再降0.5% （ZT）

郭森房贷

Bank of Canada takes new grim view of economy, slashes rate to 0.5 per cent
Tue Mar 3, 9:05 AM
The Canadian Press
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; U; k+ J  l& C. Z0 iOTTAWA - The Bank of Canada is cutting its trend-setting interest rate by another half point to uncharted territory - 0.5 per cent.

And the central bank says that likely won't be enough to spark the stalled economy. The bank says with the overnight rate so close to zero, it likely will have to move to non-traditional measures like buying up credit to provide additional stimulus.

Bank governor Mark Carney also is withdrawing his controversial rosy outlook for the economy's rebound.
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He now suggests the recession will last longer than this summer and could hang on the entire year.

Ironman

Soon they'll be giving you money to borrow money.

Ironman

I still do not think that the Bank of Canada is doing the right thing. I must still say that the exact opposite approach is what we Canadian consumers need to see happen and then maybe we will again have confidence in our system. Lets face it, so far the government has done nothing but frighten us into not spending and setting our maneyaside for some future time. They have not done one single thing that would make us want to go out and spend. I think we need to raise our interest rates to 5-7 % and then get all the foreign investors depositing they money here and getting a fair return. That also will give our economy the needed boost that will creat consumer spending and it will then spur the factories to again start producing. We are just being silly in our present path that follows the American plans, when we can make ourt own plan and pull out of this much sooner and stronger then it will happen to our south. Yes the USA are our biggest trading partners, but that is all in the past. We can and should now put lots of trade with the europeans and pacific rim, as a goal to make us even stronger when we come out of this. The USA will again be buying our resources once they climb out of this but that does not mean we should wait for them, at our own debtriment. New trade deals with new trade partners is what we should be looking for at this time. Lets face it China is making the most out of their situation and are now trying to lock up deals at bargain prices. They knwo they have a huge demand and yes while even they are sllow now they do not see things staying that way for long. Canada should not either.
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The lowering of interst rates is trying to tell us that saving our money pays little if any interest, and that is wrong. It does only help the rich get more so

TerryCheng

Good news for home-owner wannabe.

CO2

原帖由 Ironman 于 2009-3-3 08:48 发表
I still do not think that the Bank of Canada is doing the right thing. I must still say that the exact opposite approach is what we Canadian consumers need to see happen and then maybe we will again h ...

indeed, always the government acts stupid.

TerryCheng

LZ,  I haven't seen any reflections of this interest drop  in your mortgate rate (from your website) .

Ironman

At least one of the banks followed suit (whee!). TD announced they are dropping their rate by 0.5%

诺言

May I ask Is the variable rate now 2.5+0.8?

TerryCheng

You mentioned "the government has done nothing but frighten us into not spending and setting our maneyaside for some future time. " I couldn't understand this.  Dropping the interest rate usually wll stimulate spending, doesn't it? Which bank dare to increase their rate to 5-7 %? Who will borrow money from them?
# l. r: a) R# g$ |% o* E; ^$ d7 G6 @They are doing the right thing because there is no other better choice, I guess.

Ironman

我的是转帖。

谁动了偶的奶酪

原帖由 诺言 于 2009-3-3 09:13 发表
May I ask Is the variable rate now 2.5+0.8?

" v0 d# N6 r7 K" x3 }6 E% A# ?should be

诺言

how about rate for savings?

白水

郭森房贷

原帖由 TerryCheng 于 2009-3-3 09:01 发表
4 d2 w$ ^" |; w+ r* wLZ,  I haven't seen any reflections of this interest drop  in your mortgate rate (from your website) .

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; }- }. u$ V( iThe rates indicated in my website are FIXED RATES, different lenders have their own prime rates, please call for details. thanks!

郭森房贷

原帖由 诺言 于 2009-3-3 09:13 发表
% `; N7 x+ o  ~/ v5 AMay I ask Is the variable rate now 2.5+0.8?

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You got it! 5 years variable closed rate is Prime+0.8%, most lenders announced their Prime rate is 2.5%(TD BANK and National Bank's prime rate will be effectived April 1, 2009)

郭森房贷

原帖由 诺言 于 2009-3-3 09:51 发表
. F8 p: J! _" i1 O+ f; e" p5 mhow about rate for savings?

# e2 l6 p5 A9 L! y2 o5 d, X) A1 RYou may check each banks website for updated savings rates, or call your branch relationship manager for special offer.

icing

TerryCheng

原帖由 郭森房贷 于 2009-3-3 14:04 发表
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0 e  Y/ ?1 v$ |( I2 P) g0 MThe rates indicated in my website are FIXED RATES, different lenders have their own prime rates, please call for details. thanks!

Thanks for your reply.
So, it means the prime rate drop doesn't affect the fixed rate. I am in my learning stage for the mortgage stuff because I just started thinking of buying an equity. I will give you a call when I am ready.

诺言

原帖由 郭森房贷 于 2009-3-3 14:07 发表


You got it! 5 years variable closed rate is Prime+0.8%, most lenders announced their Prime rate is 2.5%(TD BANK and National Bank's prime rate will be effectived April 1, 2009)

Does that 0.8 will change too? or will change soon?

郭森房贷

原帖由 诺言 于 2009-3-3 15:00 发表

Does that 0.8 will change too? or will change soon?

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It might stay for a long term period and won't change soon on my personal opinion.

飞扬在春天

不懂啊，还是说中文吧

laosan

Royal Bank Prime        2.500        2009/03/04

郭森房贷

原帖由 飞扬在春天 于 2009-3-3 21:31 发表
. w# b- O" P9 `1 X& ~不懂啊，还是说中文吧

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为尊重提问者，但凡用英文提问的， 我就以英文回复； 中文的问题也会用中文回答。如果您有什么问题需要以中文作答的， 请您用中文提问。
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, R" K; n- j! A4 {: \谢谢您！

678

谢谢！！//////////////

中午

请问固定利率转为浮动,会怎样罚款

郭森房贷

原帖由 678 于 2009-3-4 10:01 发表
谢谢！！//////////////

  Z! n0 y7 E) O一年固定： 3.50%
两年固定： 3.99%
三年固定:   3.75%
四年固定： 4.09%
6 z. R! J0 ?! |7 W# m1 s+ W五年固定： 4.39%
* k0 h. f: }. t1 H五年浮动： 3.30%

郭森房贷

原帖由 中午 于 2009-3-4 14:54 发表
4 j# y* |5 _" _4 s请问固定利率转为浮动,会怎样罚款

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http://www.edmontonchina.cn/viewthread.php?tid=134168&pid=2057348&page=14&extra=page%3D2

第 203 楼有详细的说明

衣食住行

如果从别的银行转到你们银行，你们能补一定的罚款吗？我是指Term还没到期的那种。多谢。

郭森房贷

原帖由 衣食住行 于 2009-3-4 21:26 发表
8 q3 o7 v" {2 ^1 _3 V& ]如果从别的银行转到你们银行，你们能补一定的罚款吗？我是指Term还没到期的那种。多谢。

8 g' c2 _8 |# Z% i3 w4 S不能。 但您可以将罚金（最多2% OF 原来银行的房屋贷款剩余金额）转至新的贷款额度里。