Thursday, March 20, 2014

Spring News and Spring Mortgage Rates!

Great Spring Rates for a strong Spring Market!
Banks have started to bring back the 2.99% 5 year fixed special rates! But remember Mortgage Brokers usually have better rates than the banks! 

If you are planning to purchase a home this Spring please call me today to understand how much and how you qualify for a mortgage and to ensure that you get the best rate!

778.388.4240 or email me at

5 Year 2.94% fixed rate available now! Along with a 2.35% variable rate (based on Prime - 0.65%).**Rates are subject to change. Some restrictions may apply.

In Other News
Minister Jim Flaherty is stepping down and being replaced by Joe Oliver. The expectation is that there won't be any immediate major changes as the budget is already complete. 

Bank of Canada Governor Stephen Poloz mentioned yesterday that "the new normal for economic growth seems to be slower than in the past....with interest rates likely to be lower for longer." 

Link to Article