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Mortgage Rate Update - March 25, 2009

Rates at Lowest Levels. . . EVER! 
 
Lenders are very busy now with refinancing business on top of a real estate market that is on the move. The statistics being reported show that February was better than January. Expect to see great numbers when the March numbers are tabulated!

          

If you are in a variable mortgage, stay in it! Lock in time is coming but not yet...stay tuned.
  
Bank Prime Rate 2.50%
Term
Best
Bank Posted
1 year
3.50%
5.00%
3 year
3.79%
5.55%
5 year
3.99%
5.79%
10 year
5.25%
7.35%
25 year
9.15%
9.75%
 
 
 
 
 
 
 
 
 
 
Bold numbers denote change from last posted rates. 
  
Variable mortgage from Prime + .80%...TODAY at 3.30%!
 

Courtesy of

Laura Stein - The Mortgage Centre
Telephone: 604-657-6535 ext 22
2

www.mortgagecents.ca

 

Call Laura today and tell her Lyn sent you!

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