Interest Rate Mortgages

www.peterkinch,com May 31, 2011 The Bank of Canada leaves bank interest rates unchanged. This was no surprise as we continue to feel the impact from ongoing global issues, a slow US recovery and high Canadian dollar. Next rate increase may not be until the Fall of 2011 or even early 2012.

www.amerifirst.com This is your :60 Mortgage Tip with AmeriFirst Home Mortgage. With mortgage interest rates at historic lows, be wary of ultra-low advertised rates. Listen to this story about how a real lender was able to advertise a VERY low interest rate because of the up-front fees it charged. Subscribe to the blog: blog.amerifirst.com Music: Disinegrating in the Clouds from Dan-O Songs www.danosongs.com

www.churchillmortgage.com Current Mortgage Interest Rate Market Update from

www.huffingtonpost.com

The RBI has increased interest rates 13 times since March, 2010, to contain inflation and India Inc has been demanding a cut in the rates to arrest declining economic growth. ibnlive.com

www.loanlogic.co Industry Update Interest Rates are Going Up Helpful Hint: If You’re Going to Buy or Refinance Do It Now! Marketing Tip: Follow Your Business Plan Follow Us: www.twitter.com Like Us: www.facebook.com

A recent article in Forbes magazine highlights a new concept that has developed in a low interest rate environment. The concept is Negative real interest rates and discussing that today is Chris Price director of broker dealer relations with Shurwest Financial Group.

www.peterkinch.com July 22, 2011 How will world events impact your mortgage? Europe has an ongoing debt crisis. The US is locked in political impasse over the debt ceiling. And the Canadian dollar keeps rising. All of these will be key factors that will make it difficult for the bank of Canada to raise rates in October.

Shopkeepers in the Ugandan capital Kampala are striking on protest over the cost of high-interest loans which they say are driving many of them out of business. Business owners say the bank loans have left them “working for nothing” and forced them to close their shops. They say losing more money is the only option left to show their frustration. The central bank, however, says nationwide interest rate rises last summer, when the entire region was suffering high inflation due to a global surge in oil prices, has made lowering rates impossible. Al Jazeera’s Malcolm Webb reports from Kampala. Business owners in the nation’s largest city say the high interest rates on bank loans have left them “working for nothing” so closing their shops and losing more money is the only option left to show their frustration. The central bank, however, says nation-wide interest rate hikes last summer – when the entire region was suffering high inflation due to a global spike in oil prices – has made lowering rates impossible. Al Jazeera’s Malcolm Webb reports from Kampala.

First Metro Investment Corp. Chairman Francis Sebastian told Business Nightly’s Coco Alcuaz lower Treasury yields and central bank interest rates are in the cards. He said corporates would sell more retail bonds. Business Nightly airs weeknights at 9 pmon ANC.