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10 Apr

Mortgage Market Update

General

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Rates remained unchanged the past week. The spring mortgage rate wars/specials have started.

Make sure you fully explore what product is best suited for individual circumstances. The so called “sticker price” may not be the best deal for you. Always make sure you have someone giving you unbiased advise before making any decisions.

Long term rates remain at historical lows in the mid to upper 2% range.

Variable rates are in the low 2% range.

Next meeting with the Bank is on April 15, 2015

-Cory

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