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There were no changes to rates over the holiday season.
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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 on January 23rd, 2013.
-Cory
P.S. If you, your family, or co-workers require guidance on current market trends, please call us, we are always available to help.
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3
Jan
Market Update
Posted by: Cory Kline