<?xml version="1.0" encoding="UTF-8"?><!-- generator="WordPress/2.9.1" -->
<rss version="0.92">
<channel>
	<title>Cody Sjogren</title>
	<link>http://www.codymortgages.com</link>
	<description>Just another WordPress weblog</description>
	<lastBuildDate>Wed, 19 Jan 2011 23:58:14 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	
	<item>
		<title>Tighter mortgage rules announced by feds hit B.C. hardest   Shorter amortization, home equity limits end house party</title>
		<description><![CDATA[Article found at http://www.vancouversun.com/business/Tighter+mortgage+rules+announced+feds+hardest/4123855/story.html
Tighter mortgage rules announced Monday by the federal government will have a disproportionate effect on the purchasing power of homebuyers in Metro Vancouver.
Amid rising concern about increased household debt in Canada, Finance Minister Jim Flaherty cut the maximum amortization period from 35 years to 30 years and tightened the rules for mortgage-backed [...]]]></description>
		<link>http://www.codymortgages.com/tighter-mortgage-rules-announced-by-feds-hit-b-c-hardest-shorter-amortization-home-equity-limits-end-house-party/</link>
			</item>
	<item>
		<title>Bank hikes interest rates but sees sluggish economic recovery</title>
		<description><![CDATA[Les Whittington Ottawa Bureau found at http://www.thestar.com/article/857993&#8211;bank-hikes-interest-rates-but-sees-sluggish-economic-recovery
OTTAWA—The Bank of Canada today raised its trend-setting interest rate for the third consecutive time—to 1 per cent—but signaled this may be the last increase until the central bank sees signs of a durable recovery.
“Any further reduction in monetary policy stimulus would need to be carefully considered in light [...]]]></description>
		<link>http://www.codymortgages.com/bank-hikes-interest-rates-but-sees-sluggish-economic-recovery/</link>
			</item>
	<item>
		<title>Economists say interest rates will rise, but many also question wisdom of move</title>
		<description><![CDATA[Article found at http://www.winnipegfreepress.com/business/breakingnews/economists-say-interest-rates-will-rise-but-many-also-question-wisdom-of-move-102355064.html
OTTAWA &#8211; Interest rates are expected to rise for the third time in as many months on Wednesday.
A consensus of economists believe Bank of Canada governor Mark Carney will overlook recent disappointing economic data and continued U.S. weakness and hike the trendsetting rate a quarter point to one per cent.
But the answer [...]]]></description>
		<link>http://www.codymortgages.com/economists-say-interest-rates-will-rise-but-many-also-question-wisdom-of-move/</link>
			</item>
	<item>
		<title>TSX closes up amid encouraging jobs data</title>
		<description><![CDATA[Great article found at http://www.thestar.com/business/markets/article/856383&#8211;tsx-closes-up-amid-encouraging-jobs-data
Stock Markets have been on a steady clime as of late. Hopefully it keeps going!!
The Toronto stock market closed modestly higher Friday with the TSX failing to get much traction from an American jobs report which blew past expectations.
The S&#38;P/TSX composite index closed 33.83 points higher at 12,144.92 as buying sentiment [...]]]></description>
		<link>http://www.codymortgages.com/tsx-closes-up-amid-encouraging-jobs-data/</link>
			</item>
	<item>
		<title>Tax Deductible Mortgage Plan</title>
		<description><![CDATA[Hello Everyone,
I jsut thought i would quickly drop a post about something i have been reading about alot lately. It is a very creative way to save on taxes and seems like a very good option for certain clients. Check out the website below to learn more.
http://www.tdmp.com/index.php/1howitworks
Thanks,
Cody Sjogren
]]></description>
		<link>http://www.codymortgages.com/tax-deductible-mortgage-plan/</link>
			</item>
	<item>
		<title>Bank of Canada likely to keep rates on hold, CIBC chief economist says</title>
		<description><![CDATA[




OTTAWA — After raising interest rates twice this summer from record-low levels, CIBC&#8217;s chief economist says weakness in the U.S. economy may force the Bank of Canada to put future hikes on hold after September.
&#8220;North America&#8217;s story is again darkening,&#8221; says Avery Shenfeld in CIBC&#8217;s Global Positioning Strategy report released Wednesday. &#8220;We were looking for [...]]]></description>
		<link>http://www.codymortgages.com/bank-of-canada-likely-to-keep-rates-on-hold-cibc-chief-economist-says/</link>
			</item>
	<item>
		<title>Thirty per cent sales drop in Canadian housing market</title>
		<description><![CDATA[


 


The Canadian Press
Date: Monday Aug. 16, 2010 2:26 PM ET

TORONTO — Demand for homes in British Columbia and Ontario dried up in July following the introduction of a new tax regime in what had been two of Canada&#8217;s busiest housing markets &#8212; driving a 30 per cent decline in national sales activity last month.
The Canadian [...]]]></description>
		<link>http://www.codymortgages.com/thirty-per-cent-sales-drop-in-canadian-housing-market/</link>
			</item>
	<item>
		<title>Real estate prices cooling off in second quarter</title>
		<description><![CDATA[Global real estate prices slowed in the second quarter of 2010, but Canada had the most “dramatic” cooling off, says a report by the Bank of Nova Scotia.
Australia and Canada led the pack in housing price appreciation at the beginning of the year, followed by Sweden and the U.K. The U.S., Japan and Spain all [...]]]></description>
		<link>http://www.codymortgages.com/real-estate-prices-cooling-off-in-second-quarter/</link>
			</item>
	<item>
		<title>Bank of Canada raises Prime rate by .25% again.</title>
		<description><![CDATA[Les Whittington Ottawa Bureau
OTTAWA— The Bank of Canada acknowledged Canada’s economic recovery by raising its trend-setting interest rate to 0.75 per cent, but warned of a weak global economic picture.
While saying that consumer and government spending continue to drive the Canadian recovery, Bank Governor Mark Carney admitted that the rebound from the recession will unfold [...]]]></description>
		<link>http://www.codymortgages.com/214/</link>
			</item>
	<item>
		<title>BC is homebuyer&#8217;s territory!</title>
		<description><![CDATA[B.C. is homebuyers&#8217; territory
Active listings sit at the highest level since March 2009, economist says
By Derrick Penner, Vancouver Sun July 16, 2010
When Maple Ridge&#8217;s Monika Novosadova went house hunting this spring, she faced an embarrassment of options, looking at 28 homes before putting an offer down on a three-bedroom, single-family home at the end of [...]]]></description>
		<link>http://www.codymortgages.com/bc-is-homebuyers-territory/</link>
			</item>
</channel>
</rss>

