Canadian Dollar’s Rallying Today

avatarthumbnail.jpgAs of a couple of minutes ago I’m showing the Canadian dollars at about 83 cents, a far sight better than it’s been for some time.

If you’re a Canadian debating a purchase of Phoenix real estate, it might be worth calling the folks at the Globex Foreign Exchange Corporation to see what it would take to lock in the rate or if they believe it may get a little bit better. Unlike your local bank, Globex trades in the active market rather than pricing once a day.

E-mail or call me and I’ll pass along the contact info.

[tags]Phoenix real estate, Canadian buyers[/tags]

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

2 Comments

  • Michael Denis 9 years ago

    If you have a US dollar account at TD you also can transfer 25K per transaction based on current conversion rates. Served me well in my purchase as I was not forced to move it all at once and reduced my risk of rates going the wrong way. In the end the rates did go the wrong way but I was almost completely covered by then so it did not hurt that much.

  • Jonathan Dalton 9 years ago

    Good information, Michael … thanks for sharing it with the group!

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