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Average Home Prices Decline about 5% in Canada

9/16/2008 11:09:28 AM

According to the Canadian Real Estate Association, the average home price dropped close to 5% (1 year go from August), the largest decline in over 12 years.

Last month, the average home price was $316,052 in Canada's largest 25 largest real estate markets, which was the largest year over year decline since February 1996.

Five of the major markets in Canada saw price... Read More

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Average Home Prices in Canada

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George W. Bush Signs a Massive Housing Bill.

8/7/2008 12:16:46 PM

The Housing and Economic Recovery Act of 2008 will create a program aimed to help an estimated 400,000 Americans with subprime home loans refinance into 30-year, fixed-rate mortgages backed by the government.

What is an FHA Loan?

An FHA loan is a mortgage loan fully insured through the Federal Housing Administration (FHA) and issued by FHA-approved lenders.

Advantages of an FHA... Read More