It’s a Great Time to Buy!
Interest rates remain great this week with some decreases in both the long term and short term mortgage rates. There has been some positive news in the financial markets but it looks like a slow recovery will keep rates low for an extended period of time. Affordability will continue to drive a busy real estate market. Calling all first time buyers!
Bank Prime Rate 2.25%
|
Term |
Best |
Bank Posted |
|
1 year |
2.90% |
3.90% |
|
3 year |
3.05% |
4.15% |
|
5 year |
3.59% |
5.25% |
|
10 year |
5.25% |
6.70% |
|
25 year |
9.15% |
9.75% |
Bold numbers denote change from last posted rates.
Variable mortgage from Prime +.70%...TODAY at 2.95%!
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Call Laura today and tell her Lyn sent you!
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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