Below is a summary of our current interest rates. Rates are still at all-time lows and prices have softened so now is looking like a fairly decent time to buy.
At this time we would like to wish all of you and your families a Merry Christmas and a Happy New Year! We wish you all the best for 2013!!
As at December 18, 2012
Rates fluctuate daily and we may be able to obtain better rates than those shown below. Please call our office for the most up-to-date Best Rates.
| Terms | Our Best Rates |
|---|---|
| Variable Rate Closed *(Prime – .35%) | 2.65% |
| Variable Rate Open *(Prime + .80%) | 3.80% |
| 5 year closed** Special | 2.89% |
| 5 year closed | 2.99% |
| 4 year closed | 2.95% |
| 3 year closed | 2.69% |
| 2 year closed | 2.49% |
| 10 year closed | 3.89% |
*Based on current prime rate of 3.00%. All rates subject to change without notice.
**Some restrictions may apply. Rates may vary depending on quality of the credit application. All mortgages are subject to credit approval.
Important Reminder Regarding Your Mortgage Renewal
If you require any further information regarding this article or any other mortgage matters please contact our office at 604‐556‐3893. Also, as a reminder to anyone looking for a mortgage, we offer 4 month pre-approvals at no cost to you. This means that you can get a rate hold for up to 4 months to protect yourself in case rates rise.