BC Direct Mortgageshttp://www.bcdirectmortgages.comThe latest news from BC Direct Mortgages.en-ca18 Mar 06 1:02 PMCopyright BC Direct Mortgages12 Aug 09 2:26 PM 'Worst’ of Housing Prices Decline Behind Ushttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/worst_of_housing_prices_decline_behind_us.htmlThe worst is over for North America's housing markets, with a steady stream of data out of Canada and the U.S. indicating the recovery is at hand, economists say. Five Signs a Housing Recovery Is On The Wayhttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/five_signs_a_housing_recovery_is_on_the_way.htmlDespite July's slight slip in housing starts, economists point out plenty of reasons for optimism. Real Estate Booming in Vancouver and Victoria Areashttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/real_estate_booming_in_vancouver_and_victoria_area.htmlHistorically low interest rates and discounted housing prices are fuelling a real estate boom on B.C.'s south coast with sales in Vancouver up 75 per cent compared to June of last year. Bank of Canada Holds Rates Steadyhttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/bank_of_canada_holds_rates_steady.htmlBank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010. Metro Vancouver Real Estate Sales Bounce Backhttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/metro_vancouver_real_estate_sales_bounce_back.htmlNumbers down from one year ago but a strong surge in the month of March across Lower Mainland and the Island. CAAMP's Annual State of the Residential Mortgage Market in Canadahttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/caamps_annual_state_of_the_residential_mortgage_ma.htmlThe report, compiled by Will Dunning, CAAMP's chief economist, shows that Canadian mortgage consumers remain confident yet cautious during the current financial storm. What Else has Happened that Could Possibly Cause a World Recession?http://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/what_else_has_happened_that_could_possibly_cause_a.htmlHeres a clue Four of the last five global recessions were caused by huge spikes in oil prices. Weekly Market Insighthttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/weekly_market_insight.htmlThere are already a few signs that suggest we are closer to the end of the crisis than at the beginning. Canadian Banks the Soundest in the World: Reporthttp://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/canadian_banks_the_soundest_in_the_world_report.htmlIn the midst of a global market crisis, a survey by the World Economic Forum has proclaimed Canada to have the world's soundest banking system. Where’s The Trigger for a Canadian House Price Crash?http://www.bcdirectmortgages.com/mortgage-news/var/www/vhosts/bcdirectmortgages.com/httpdocs/mortgage-news/wheres_the_trigger_for_a_canadian_house_price_cras.htmlThe triggers that led to a freefall in Canadian real estate markets in the early 1990's and today in the US are nowhere to be found.