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Valuable Mortgage Information
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If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing. The earlier you establish and pre-qualify your price range, the more focused and successful your search will be. There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. Not getting mortgage preapproval In the past it may have been different, but today prequalification and preapprovals are a necessary part of the home buying process. Not only will it give you an exact price range for your purchase, preapproval will add a great deal of strength to your offer. Mortgage Brokers and Other Lenders When you are ready to contact a mortgage broker or other lender regarding you financial needs, you can count on my experience to point you in the right direction. To help you get started, here are a couple of direct links to mortgage brokers and other lenders whom I and my clients have worked successfully with in the past. Tel: (403) 542-3618
Tel: (403) 366-4595
 | We know, you don't want a mortgage...
you want a home! Starting April 19, all new borrowers will have to meet standards for five-year, fixed-rate mortgages even if they're seeking a shorter or variable-rate loan.
Also, the government is lowering the maximum amount Canadians can withdraw when refinancing to 90% of the value of their homes, from the current 95%, and requiring a 20% down payment for government-backed mortgage insurance on investment properties.
Call us for great advice on how to get a mortgage that works for you! Click HERE to get approved. | TERM | POSTED | OUR RATES* | 6 Month | 4.60% | 3.50% | 1 Year | 3.65% | 2.35% | 2 Year | 3.95% | 2.90% | 3 Year | 4.30% | 3.25% | 4 Year | 5.04% | 3.69% | 5 Year | 5.39% | 3.69% | 7 Year | 6.30% | 4.95% | 10 Year | 6.50% | 5.20% | Variable Rate | 1.85% | Prime Rate | 2.25% |
* Rates may vary provincially and are subject to change without notice OAC.
Rates Last Updated: Thursday, February 18, 2010 |
| * Rates are subject to change without notice OAC. |
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