Try to Keep Up...
Rates are all over the place, changing almost everyday while lenders offer specials and deals on mortgages that fund within 30 days. The Bank of Canada is steady, which means that floating rates are still a great way to go.
The Australian Central Bank raised their rate today. There is speculation that this is the beginning of rates going up. There is no inflation on the horizon and so no real pressure for rates to go up here in Canada while the local Real Estate market continues to be very strong.
Bank Prime Rate 2.25%
|
Term |
Best |
Bank Posted |
|
1 year |
2.55% |
3.75% |
|
3 year |
3.35% |
4.65% |
|
5 year |
3.69%* |
5.85% |
|
10 year |
5.20% |
7.15% |
|
25 year |
9.25% |
9.75% |
*Strings attached to this rate!
Bold numbers denote change from last posted rates.
Variable mortgage from Prime...TODAY at 2.25%!
Courtesy of
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.
Comments:
Post Your Comment: