2008 April « MORTGAGES VANCOUVER

Archive for April, 2008

What is Bridge Financing? When Can You Use it?

• April 30, 2008 • Leave a Comment

Posted in Mortgage Tips, Mortgage Types
Tags: bridge financing, mortgage financing, mortgage bridge financing, mortgage bridge, temporary mortgage, temporary financing, mezzanine financing, mezzanine loan, bridge loan, bridge loan mortgage

Open Mortgages vs Closed Mortgages

• April 30, 2008 • Leave a Comment

Posted in Mortgage Tips, Mortgage Types
Tags: closed home loans, closed mortgage, closed mortgages, mortgages, open home loans, open mortgage, open mortgages, open vs closed, open vs closed mortgages

You Think The Vancouver Real Estate Market is Expensive?

• April 26, 2008 • Leave a Comment

Posted in Market Commentary
Tags: cheap real estate, expensive real estate, high end real estate, luxury real estate, mortgage, mortgage broker vancouver, vancouver, vancouver mortgage broker, vancouver mortgages, Vancouver Real Estate

Mortgage Insurance vs Life Insurance

• April 26, 2008 • Leave a Comment

Posted in Home Buyer Info
Tags: finance, first time home buyer, home buyer guide, Home Buyer Info, insurance, mortgage, mortgage insurance, vancouver mortgage broker

What Makes a BAD Mortgage Broker?

• April 23, 2008 • Leave a Comment

Posted in Home Buyer Info
Tags: bad mortgage broker, fast broker, mortgage broker vancouver, slow broker, vancouver mortgage broker

----------Current Rates----------

1 Year - 2.25%
2 Year - 2.85%
3 Year - 3.39%
4 Year - 3.89%
5 Year - 3.85% **
7 Year - 4.60%
10 Year - 5.20%
Variable Closed = Prime - 0.10%
Variable Open = Prime + 0.80%
FIXED Open = 6.55%
Prime Rate - 2.25%

Rates effective October 22, 2009. Rates subject to change without notice. E and O E.

** Some conditions apply pertaining to income, credit, and overall application strength and lending policy. Inquire for details.