2009 April « MORTGAGES VANCOUVER

Archive for April, 2009

Watch Out For “No Frills” or “Value” or “Basic” Mortgages with Great Rates but NO Flexibility

• April 24, 2009 • Leave a Comment

Posted in Home Buyer Info, Mortgage Tips, Potential Mortgage Pitfalls and Risks

Bank of Canada Lowers Prime Rate – Best Rates in Canada

• April 21, 2009 • Leave a Comment

Posted in Home Buyer Info, Market Commentary

Lower Rates in the Future? Apparently it IS Possible!

• April 18, 2009 • Leave a Comment

Posted in Market Commentary

Mortgage Insurer Changes Rules. The Winds of Change are Blowing Hard!

• April 15, 2009 • Leave a Comment

Posted in Market Commentary, Mortgage Types
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Can Interest Rates Go Any Lower?

• April 15, 2009 • Leave a Comment

Posted in Home Buyer Info, Market Commentary, Potential Mortgage Pitfalls and Risks

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

1 Year - 2.25%
2 Year - 2.95%
3 Year - 3.49%
4 Year - 3.90%
5 Year - 3.99% **
7 Year - 4.45%
10 Year - 5.30%
Variable Closed = Prime - 0.25%
Variable Open = Prime + 0.80%
FIXED Open = 6.45%
Prime Rate - 2.25%

Rates effective November 27th, 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.