There is some serious chatter about looming increases to mortgage rates...some of that chatter a little more on the side of panic. I want to add some perspective that I think is being missed in recent media releases. We have seen 5 year fixed rates as low as 2.44 % (approx) ....and when rates dipped [...]
It’s been approximately 24 hours since the most recent Bank of Canada Prime rate increase announcement. As expected on October 24th the Bank of Canada increased their overnight rate up by 0.25% to 1.75%. Bank Prime was previously sitting at 3.70%. With this most recent increase Prime rate is now 3.95%. WHAT does the CRYSTAL BALL [...]
Always helpful and always makes the process go smoothly. Loves to answer repetitive questions. (haha). Thanks!
I could not think getting a mortgage was this easy. You made it possible. I will refer you to all of my friends and family.