Year End Report – Michael Campbell – Verico Economic Consultant

January 10, 2017 By dtpopoff

Take a few minutes and read this interesting report by Michael Campbell. He is one of Canada’s most respected Business Analysts and also the host of Canada’s top rated syndicated business radio shows, MoneyTalks. Click below to download the PDF

Year End Report – 2016

Filed Under: Mortgage News Tagged With: BC Housing, Canadian Housing Prices, Convential Mortgage Financing, HIgh Ratio Mortgage Financing, Housing Forecast, Real Estate Prices, Vancouver House Prices

Mortgage Term	Rate
BOC Prime	2.70%
5 Year Variable	2.30%
2 Year Fixed	2. 34%
3 Year Fixed	2.44%
4 Year Fixed	2.69%
5 Year Fixed (<20% dp)	2.79%
5 Year Fixed (>20% dp)	2.89%
5 Year Fixed (rental)	+.25%
10 Year Fixed	3.79%
BOC Qualifying Rate	4.64%

Loan-to-Value Ratio	Mar 17, 2017
Up to & including 65%	0.60%
Up to & including 75%	1.70%
Up to & including 80%	2.40%
Up to & including 85%	2.80%
Up to & including 90%	3.10%
Up to & including 95%	4.00%
90.01% – 95% (non traditional dp)	4.50%
For a comparison Click Here

Year End Report – Michael Campbell – Verico Economic Consultant

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