Monday Mortgage Minute January 11th 2010

Sign up for my FREE blog updates.

Stay in the loop. Enter your email address to get free blog updates. I never spam!

Mortgage interest rates have remained unchanged from last week. Although some lenders have increased their rates, the majority have opted not to buy into the hype created by the markets and held off on increasing rates this week. While lenders are still warning us of immanent rate increases nothing will budge until it is clear if jobs are being created both in Canada and the US. If you have questions about the relation between fixed rate mortgages and the economy get in touch with me to discuss.

1 year fixed – 2.65%

3 year fixed – 3.29% (must close before March 31st 2010)

5 year fixed – 3.99%

3 year variable – Prime-.10% (2.15% effective rate)

5 year variable – Prime-.20% (2.05% effective rate)

RATE SPECIALS

5 year fixed – 3.89%

3 year variable Prime-.25% (2.00% effective rate closing in 30 days, purchases & refinance only)

NOTE: Rates are subject to change without warning at the lender’s discretion.

YouTube Preview Image

Related posts:

Bookmark and Share

Sign up for my FREE blog updates.

Sign up for my FREE blog updates.

Leave a Comment

Note: Make sure you enter the required information where indicated. HTML is allowed. Your email address is Required but, will never be published.

Required
Required

Get notified Subscribe to comments