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Fixed Rates Rise Again!

Subject: Fixed Rates Rise Again!
Send date: 2010-04-17 10:30:59
Issue #: 11
Content:
Durham Mortgage Newsletter
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1

Elfie Hayes | Mortagage Intelligence

RBC lead rate increases this week.  They raised their fixed rate by .25% and everyone followed.

This is prompted by improving economic conditions here and in the U.S. See our best rates below.

WEEKLY E-RATES CLICK HERE

The Bank of Canada is holding the Prime Rate steady so you can gain a big benefit by increasing the payment on your Variable Rate Mortgage. Every extra penny will go straight to principal and reduce the number of years that you will pay your mortgage!

If you're in a VRM, call us to discuss your options. You can benefit from a better lock in rate with some lenders by contacting us first!

Your Spring Cleaning Guide.

Record TREB MLS stats for March 2010

More valuable  MLS Data

Elfie Hayes

Lowrate.ca

 

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** Interest Rates are provided for information purposes only and are subject to change at any time without notice.  The products listed above are available only in Canada to Canadian residents.  Rates shown are for single-family residential properties only and are subject to meeting all lender credit granting criteria. Rates shown above may be specific to the sender and some conditions may apply.  E&EO

Mortgage Agent Lic # M08001377* Mortgage Brokerage Lic # MI10428 * The information and opinions contained in this document are obtained from various sources and believed to be reliable, but their accuracy cannot be guaranteed. The publisher assumes no responsibility for errors and omission, or for damages resulting from using the published information and opinions. This document is provided with the understanding that it does not render legal, accounting, or other professional advice. Whole or partial reproduction is forbidden without written permission.



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