CMB Canada Mortgage Brokers

Mortgage Trends - February Edtition

Mortgage Rate Update

2014 has been a volatile year for bond yields thus far, but with such volatility, an opportunity has surfaced within the 5 year and variable rates, that has been absent for almost a year.


The Bank prime is at 3.00%, with the five year rate between 3.09-3.39%, and the variable rate in the range of 2.45-2.65%.


The next Bank Of Canada meeting is scheduled for March 4th.


Should your mortgage be up for renewal or you are considering a refinance in the near term, I strongly recommend you start the process now. Your delay is costing you thousands of dollars.


I welcome you or anyone you may know, to contact me for a free, no obligation review.

5 Yr. Fixed 45 Day Quick Close @ 3.15%

5 Yr. Variable 120 Day Close @ 2.50%

Specialties

  • 1st & 2nd mortgages (residential and commercial)
  • self employed, new immigrants
  • HELOCs (home equity line of credit)
  • bad credit, previous bankruptcy
  • refinancing, renewals, switches
  • second homes
  • purchase plus improvements

Commitment

  • Innovative mortgage products and strategies
  • Competitive rates
  • Professional, honest and unbiased advice
  • Unparalleled value added services
  • Monthly mortgage trend update


CMB Canada Mortgage Brokers Inc. Licensed in Ontario FSCO 10134, British Columbia FIC X300202, Alberta RECA