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Thu, Sep 5th, 2013, 02:20 PM #10
Mortgage rates on the rise this week. If you have the opportunity to get a rate hold, today, I'd do it.
For further reference, see news clip link below.
http://video.ca.msn.com/watch/video/...257c%257c%257c
Just for information's sake, my lowest broker's rate available is for 3.49% for a 5 year fixed. . .and 2.55% for a variable. I'm 99% sure that's the lowest there is out there right now.
BANKS are advertising in the 5 percent range.This thread is currently associated with: N/ALast edited by MortgageQueen; Thu, Sep 5th, 2013 at 03:39 PM.
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Thu, Sep 19th, 2013, 06:50 AM #2
From my point of view, I think the rates of whole real estate industries has been raised right?
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Tue, Oct 1st, 2013, 12:49 AM #3
thank you so much for sharing...
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Wed, Oct 16th, 2013, 10:07 PM #4
I thought the whole US Government thing can trigger another recession. So in the US they can lower interest rates to stimulate recovery.
I know interest rates movement is impossible to forecast.
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Fri, Oct 18th, 2013, 12:46 AM #5
5 year Interest rates "may" drop slightly due to U.S. craziness, but not likely by much.
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Fri, Oct 18th, 2013, 10:03 AM #6Canadian Guru
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What are you finding for 5 year rates right now?
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Fri, Oct 18th, 2013, 10:05 AM #7Smart Canuck
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I have 5 years variable at 2.55% right now. Bought my first house....closing is today
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Fri, Oct 18th, 2013, 10:16 AM #8Canadian Guru
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Congrats!
Originally Posted by mulock
I have 5 years variable at 2.55% right now. Bought my first house....closing is today
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Thu, Oct 24th, 2013, 03:53 PM #9
Congratulations!
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Thu, Oct 24th, 2013, 07:14 PM #10
I just signed my renewal at 2.60% variable for five years.
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Sun, Oct 27th, 2013, 01:44 AM #11
Very Good! I just got a 2.5 variable for another smartcanucker
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Sun, Oct 27th, 2013, 03:05 AM #12Senior Canuck
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What's the current rate on a 5 year fixed?Just curious as we renewed at 2.89 in April.......Happy enough with what we got.
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Mon, Oct 28th, 2013, 02:17 AM #13Well, I'll make you happier. . . Lol! current lowest rate is 3.44% Originally Posted by secheltsaver
Variable is at 2.5% Some have it at 2.4% but product tends not to be as good and it's not worth it.
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Mon, Oct 28th, 2013, 03:57 AM #14Wishing for coupons!
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Signed at prime minus .6o% last week on remortgage & new mortgage.... 2.4% variable rate.
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Thu, Nov 14th, 2013, 08:02 PM #15
It will stay at that low level. Economy is weak. They need to stimulate growth by keeping at least the interest rates low.
And with politicians being so stupid these days - I don't expect any good changes in the economy.
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