Blog by Michael Sjerven

Fixed Rates going up!

October 13th, 2009

Fixed rates are on the way up this week, particularly the 3-5 year terms. If you are looking to buy a place in the next few months, the time is now to get a rate hold. Call us to set this up as the clock is ticking on 5 year fixed rates under 4%.  GET A RATE HOLD before it's too late - cheers:)!!

Rates Low

October 8th, 2009

With rates staying low for the next while, most experts agree your best option right now is a 5 year fixed rate. We have options is the 3.79-3.84% range depending on the terms you are looking for. You can also opt for a variable rate mortgage as low as 2.15%, but you can expect to see prime rate rise midway through 2010. Housing sales have been strong in Vancouver with pent up demand and low ...