4 Apr

Mortgage Market Comment…


Posted by: Cory Kline

Another week has   past and the interest rate markets remain extremely low and unchanged. 5 year   funds are available in the 2.84-2.99% range, 10 year funds as low as 3.69%. Variable rate mortgages are   available as low as 2.65%.

If you have a variable   rate of any more than prime +.75 or a fixed rate of 3.75% or more, we should   explore the merits of refinancing to a lower rate. It may result in savings   of thousands of dollars and a longer term at today’s record low rates.

Contact us for a free, no obligation review. Spending a few minutes could  save you thousands of dollars. 
Bank prime is 3.00%

The next meeting of   the Bank of Canada is April 17th, 2013.

-Cory Kline (Text/Call   705-794-1283)

Mortgage Planning   Since 1998 

P.S. If you, your   family, or co-workers require guidance on current market trends, please call   us, we are always available to help.