2009 August « MORTGAGES VANCOUVER

Archive for August, 2009

Multiple Offers, Lowest Inflation in 56 Years, What is Going On???

• August 22, 2009 • Leave a Comment

Posted in Market Commentary
Tags: bank of canada, bank of canada prime rate, bc mortgage rates, best mortgage rates, best mortgage rates bc, best mortgage rates in canada, best mortgage rates vancouver, best rates canada, best rates in canada, best vancouver rates, canada best rates, canada foreclosure, canada pre-foreclosure, canada prime rate, canada rate trends, canadian prime, difficult financing, morgage broker vancouver vancouver morgage broker, mortgage broker vancouver, mortgage rates canada, poor credit morgage, poor credit mortgage, pre foreclosure, prime rate, prime rate canada, prime rate trends, private construction financing, private construction morgage, private construction mortgage, private constuction loan, private financing, private financing vancouver, private morgage, private morgage vancouver, private mortgage, private mortgage vancouver, rowan smith, vancouver construction financing, vancouver construction loan, vancouver mortgage, vancouver mortgage broker, vancouver mortgage rates, vancouver private financing, vancouver private morgage, vancouver private mortgage

Beware the “Armchair Critic”

• August 19, 2009 • Leave a Comment

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

Can You Extend Your Pre-Approval Rate?

• August 5, 2009 • Leave a Comment

Posted in Home Buyer Info, Mortgage Myths
Tags: bc mortgage rates, best mortgage rates, best mortgage rates bc, best mortgage rates in canada, best mortgage rates vancouver, best rates canada, best vancouver rates, canada best rates, canada prime rate, canadian prime, extend pre approval, extending pre approval, mortgage broker vancouver, mortgage pre approval, mortgage rates canada, pre approval, pre approval extension, pre approval rate, prime rate, prime rate canada, vancouver mortgage, vancouver mortgage broker, vancouver mortgage rates, will bank extend pre approval, will banks extend pre approval

----------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.