November 27th, 2014 Mortgage Industry Update Our 5 year fixed promotional rate has dropped to 2.69%, from 2.79%!!! It is possible that we could see some major banks follow the trend in the upcoming month. Additionally this week: – New 5 Year Fixed Promotional rate – 2.69%!!! Please call for an approval today! – New […]
November 20th, 2014 Mortgage Industry Update Our 5 year fixed promotional rate has dropped to 2.69%, from 2.79%!!! It is possible that we could see some major banks follow the trend in the upcoming month. Additionally this week: – New 5 Year Fixed Promotional rate – 2.69%!!! Please call for an approval today! – Mortgage […]
November 13th, 2014 Mortgage Industry Update Our 5 year fixed promotional rate has dropped to 2.69%, from 2.79%!!! It is possible that we could see some major banks follow the trend in the upcoming month. Additionally this week: – New 5 Year Fixed Promotional rate – 2.69%!!! Please call for an approval today! – Ontario’s […]
November 2014 Industry Stats The Canadian Association of Accredited Mortgage Professionals (CAAMP) released their new set of statistics on November 11th, 2014. The major statistics are summarized as follows: Bank of Canada interest rate remains at 1% Prime lending rate remains at 3% The 5Y variable qualifying rate remains at 4.79% The Government of Canada […]
November 6th, 2014 Mortgage Industry Update Interest rates are likely to remain steady for the month of November, without any major changes to promotional rates. Additionally this week: – Mississauga real estate lawyer disappears with $3.5M of clients’ money. [fancy_link link_text=”Learn More” url=”http://www.thestar.com/news/crime/2014/11/04/lawyer_missing_along_with_35_million_in_clients_money.html?app=noRedirect” float=”none”]. – PricewaterhouseCoopers and the Urban Land Institute say that mixed use […]