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    <title>MortgageBrokers.com - Industry News</title>
    <link>http://mortgagebrokers.com</link>
    <description>www.mortgagebrokers.com</description>
    <language>en-us</language>
    <managingEditor>info@mortgagebrokers.com</managingEditor>
    <webMaster>info@mortgagebrokers.com</webMaster>
    <item>
      <title><![CDATA[ http://www.nationalpost.com/related/links/story.html?id=1739878::Pace of decline slows ]]></title>
      <description><![CDATA[ 
The temperature has been very hot heading toward the Canada Day holiday. Home prices published this week by the Teranet-National Bank House Price Index for April, though, are a little cooler.
The report noted that prices in Toronto were down 7.6% compared with a year earlier and also slipped 0.6% ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=210</link>
      <pubDate>Monday June 29, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.theglobeandmail.com/globe-investor/central-banks-to-take-off-training-wheels/article1197548/::Central banks to take off ‘training wheels' ]]></title>
      <description><![CDATA[ 
The U.S. Federal Reserve and the Bank of Canada are preparing to scale back the emergency lending programs they put in place to help the financial system as markets stabilize and banks find their feet.
Both central banks said Thursday that they would extend some lending programs that major banks  ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=209</link>
      <pubDate>Friday June 26, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.nationalpost.com/story.html?id=1724297::U.S. data signals a slow economic recovery ]]></title>
      <description><![CDATA[ WASHINGTON -- Sales of previously owned U.S. homes rose for a second straight month in May but were weaker than expected, adding to growing fears of an anemic economic recovery from a deep recession.
The chief economist of the National Association of Realtors, which released the data Tuesday, said  ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=208</link>
      <pubDate>Wednesday June 24, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.nationalpost.com/related/links/story.html?id=1656798::Homebuyers come out of hibernation ]]></title>
      <description><![CDATA[ 
5 THINGS YOU SHOULD KNOW ABOUT: THE REAL ESTATE MARKET
Toronto's real estate market has rebounded from dismal record lows, according to the Toronto Real Estate Board. House sales rose last month -- up 2% from last May -- for the first time since sales plummeted in the fall. Melissa Leong offers f ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=207</link>
      <pubDate>Tuesday June 23, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://network.nationalpost.com/np/blogs/fpposted/archive/2009/06/18/canadian-inflation-stays-positive-economist-reaction.aspx::Canadian inflation stays up: economist reaction ]]></title>
      <description><![CDATA[ Canada's headline inflation rate rose by a better-than-expected 0.7% in May, Statistics Canada figures showed Thursday. The gain helped to keep the annual change in consumer prices up, although barely, at 0.1%, down from 0.4% in April. Economists had expected annual inflation to fall. The Bank of Ca ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=205</link>
      <pubDate>Thursday June 18, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.financialpost.com/story.html?id=1702946::Don't get too euphoric, manager warns ]]></title>
      <description><![CDATA[ Going into the second half of 2009 and 2010, Susan Lavigne expects to see a moderate recovery in earnings and some stabilization in both employment numbers and housing prices. However, the director of Canadian equities at Scotia Cassels Investments Counsel Ltd. stresses that the road ahead is far fr ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=206</link>
      <pubDate>Wednesday June 17, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.theglobeandmail.com/report-on-business/crash-and-recovery/us-consumer-prices-plunge/article1185285/::U.S. consumer prices plunge ]]></title>
      <description><![CDATA[ 
U.S. consumer prices edged up in May on higher gasoline prices, but fell over the past 12 months by the most since 1950, in a sign that inflation was no threat for now as the country fights a brutal recession.
The Labor Department said on Wednesday its Consumer Price Index edged up 0.1 per cent m ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=204</link>
      <pubDate>Wednesday June 17, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.financialpost.com/story.html?id=1597829::Home sales surge as prices dip ]]></title>
      <description><![CDATA[ 
Existing-home sales surged in April, a third consecutive monthly increase, which forced the Canadian Real Estate Association yesterday to revise its forecast for a housing market apparently on the rebound.
On a seasonally adjusted basis there were 34,838 unit sales last month, an 11.2% increase f ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=203</link>
      <pubDate>Tuesday May 19, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090514.whomesales0514/BNStory/Business/home::Home sales jump in April ]]></title>
      <description><![CDATA[ 
OTTAWA &mdash; Home sales soared in April for the third month in a row, but the real estate market has not yet made up for all the lost momentum of the past year, the Canadian Real Estate Association says.
Sales of homes in Canada, seasonally adjusted, jumped 11.2 per cent in April compared to Ma ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=202</link>
      <pubDate>Friday May 15, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.financialpost.com/news-sectors/story.html?id=1596500::Ottawa has spent 5% of its stimulus package ]]></title>
      <description><![CDATA[ 
OTTAWA -- The federal government has spent nearly $2-billion, or just under 5%, of the $40-billion in fiscal stimulus it pledged in its January budget to combat a brutal recession that now appears to be easing, government documents indicate.
The documents, released Thursday, indicated the bulk of ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=201</link>
      <pubDate>Thursday May 14, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090512.wrona0512/BNStory/Business/home::Tax credits help boost home renovation stores ]]></title>
      <description><![CDATA[ A federal tax credit program is helping to bolster sales at Canada's major home renovation retailers, at a time when they are suffering from the toughest economic downturn in decades.
But Rona Inc., one of the country's largest home improvement merchants, says it could have generated even more reve ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=200</link>
      <pubDate>Wednesday May 13, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090512.wbanks0512/BNStory/Business/home::Desjardins raises target prices for Canadian banks ]]></title>
      <description><![CDATA[ Desjardins Securities raised its target prices for Canadian banks Tuesday, forecasting a 10-per-cent increase in profits in the coming year and declaring dividend cuts unlikely.
&ldquo;Since February, bank stock prices have risen 40 per cent because the fear of dividend cuts has subsided,&rdquo; an ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=199</link>
      <pubDate>Tuesday May 12, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090511.whouseprices0511/BNStory/Business/home::New home prices edge lower ]]></title>
      <description><![CDATA[ 
OTTAWA &mdash; Prices for new homes fell 0.5 per cent in March from a month earlier, with the biggest dips in Calgary, Edmonton, Vancouver and Victoria, says Statistics Canada.
The decline was the sixth month-over-month drop in a row, and was exactly as analysts had been projecting, and comes on  ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=198</link>
      <pubDate>Monday May 11, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090505.whousingoutlook0405/BNStory/Business/home::Housing market not in recovery yet: Scotiabank ]]></title>
      <description><![CDATA[ The brief spring rally in the Canadian housing market &ndash; although encouraging &ndash; cannot be regarded as the beginning of a full-fledged recovery just yet, the Bank of Nova Scotia said in a report Tuesday.
Still, the Canadian market is not at risk of collapsing, as the United States market  ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=196</link>
      <pubDate>Wednesday May 06, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090506.wmarketsstaff0506/BNStory/Business/home::TSX nears close above 10,000 ]]></title>
      <description><![CDATA[ Unexpectedly positive data trumped discouraging news from the U.S. banking sector Wednesday as investors pushed North American indexes sharply higher in afternoon trade, with the S&amp;P/TSX eyeing a close above 10,000 for the first time since November.
&ldquo;It's almost like nothing can get in th ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=197</link>
      <pubDate>Wednesday May 06, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.financialpost.com/story.html?id=1561585::Time to buy Canadian banks, RBC says ]]></title>
      <description><![CDATA[ Investors should buy Canadian banks because a rebound in the economy may lead to share price gains of 40% to 80% over the next two years, RBC Capital Markets analyst Andre-Philippe Hardy said.
Hardy upgraded shares of National Bank of Canada to &quot;outperform&quot; from &quot;sector perform,&quot ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=195</link>
      <pubDate>Monday May 04, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090430.waccounting0430/BNStory/Business/home::Banks applaud planned mark-to-market rules ]]></title>
      <description><![CDATA[ 
Changes to Canada's accounting rules will help keep this country's banks from losing the much-lauded status they've gained during the financial crisis, industry players say.
Canada's Accounting Standards Board unveiled proposed changes Thursday to relax mark-to-market rules that apply to some tro ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=194</link>
      <pubDate>Friday May 01, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090429.wrinnovation0429/BNStory/Business/home::Financial restraint leaves nation's banks in sweet spot ]]></title>
      <description><![CDATA[ 
In the outburst of global financial creativity over the past 15 years, Canadian banks have been wallflowers at the party. They lagged in hatching glitzy new financial products. With some exceptions, they stuck to their knitting, constrained by innate conservatism and the discipline of strong regul ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=192</link>
      <pubDate>Wednesday April 29, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://www.theglobeandmail.com/servlet/story/RTGAM.20090423.wbankofcanada0423/BNStory/crashandrecovery/home::Bank of Canada readies new weapons to fight record slump ]]></title>
      <description><![CDATA[ 
OTTAWA &mdash; Canada's gross domestic product contracted at the fastest pace on record in the first quarter, reflecting a new economic reality of fewer jobs, lower profits and weaker spending, the Bank of Canada said Thursday.
The economy shrank at an annual rate of 7.3 per cent in the first thr ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=188</link>
      <pubDate>Thursday April 23, 2009</pubDate>
    </item>
    <item>
      <title><![CDATA[ http://business.theglobeandmail.com/servlet/story/RTGAM.20090419.wcmain0419/BNStory/robMarketing/home::Canadians frugal, but less fretful ]]></title>
      <description><![CDATA[ Who was it who said misery loves company?
Well here we are, at home in a world of anxious, astute, calculating, in-sourcing, down-trading, staycationing frugalistas.
In a report to be released later this month on the state of the global consumer &ndash; and in a Canada-specific analysis to be rele ]]></description>
      <link>http://www.mortgagebrokers.com/mb/companynews/viewnews.php?nid=185</link>
      <pubDate>Monday April 20, 2009</pubDate>
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