All the talk of rates going up in June seem to have dissipated. It’s July and we’ve seen fixed rates decrease and discounts on variable rates become more generous. What’s happening?
June Home Sales Drop Sharply!
WEEKLY E-RATES CLICK HERE
The Bank of Canada was expected to raise the Prime Rate July 20th. The US Federal Reserve has held off with their rate increase. Will BoC follow on Tuesday?
I believe if you have a VRM, stay in it!
We have a new website for those experiencing credit struggles. It’s dedicated to mortgage solutions and helping re-establish great credit after a financial setback. Check it out!
HST #6 Will there be other tax changes?
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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