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Welcome to the November issue of CAAMP Stats. For more information on CAAMP please visit www.caamp.org.
JUMP TO A SECTION:
Bank of Canada Interest Rate
September 4, 2013
|
1.00 % |
October 23, 2013 |
1.00 % |
December 4, 2013 |
Next meeting date |
Bank Prime Lending Rate
September 5, 2013 |
3.00 % |
October 24, 2013
|
3.00 %
|
December 5, 2013 |
Next meeting date |
Conventional Mortgage - 5 Year Rate*
August 28, 2013
|
5.34 % |
September 25, 2013 |
5.34 % |
October 23, 2013 |
5.34 % |
Source: Bank of Canada *Determinant for high ratio mortgage variable qualifying rateTop of Page
US Federal Reserve Board Discount Rate*
September 18, 2013 |
0.00 % - 0.25 % |
October 30, 2013
|
0.00 % - 0.25 % |
December 18, 2013 |
Next meeting date |
Source: US Federal Reserve *US Federal Reserve has indicated it will now keep this rate until unemployment reaches 6.5%Top of Page
September 25, 2013 |
0.9696 |
October 9, 2013 |
0.9621 |
October 23, 2013 |
0.9630 |
Bond Type |
September 25, 2013 |
October 9, 2013 |
October 23, 2013 |
1 year Treasury Bill |
1.07% |
1.01% |
0.99% |
3 year Benchmark Bond Yield |
1.42% |
1.40% |
1.28% |
5 year Benchmark Bond Yield |
1.89% |
1.89% |
1.73% |
10 year Benchmark Bond Yield |
2.57% |
2.57% |
2.43% |
Total New Housing Starts (Seasonally adjusted and annualized)
Source:
CMHC Housing Now - October 2012 and October 2013. This seasonally
adjusted data goes through stages of revision at different times of the
year.
Average MLS® Resale Price for Local Markets
Quarterly Household Survey - Q3 2013
The measures are based on a 25% down payment, a 25-year
mortgage loan at a five-year fixed rate, andare estimated on a quarterly
basis
Source: Royal LePage Ocotber 2013
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