Wednesday, June 29, 2011

Weekly Newsletter



Wednesday, June 29, 2011
Current Rates:


Terms
The Bank
Our Rates
1 Year
3.60%
2.64%
2 Years
3.95%
3.14%
3 Years
4.45%
3.35%
4 Years
5.09%
3.44%
5 Years
5.39%
3.54%
7 Years
6.45%
4.69%
10 Years
6.85%
4.99%
VIRM
3.00%
2.20%
The prime rate is 3.00%



Shawn  Mooney
Shawn Mooney
(403) 945-8769
mortgages@shawnmooney.com
Contact Info:
AIRDRIE, Alberta
(403) 945-8769


Bayfield Mortgage Professionals


Current News:
·         Homburg to buy three Calgary office buildings
Jun 28, 2011 — Homburg Canada Real Estate Investment Trust will pay $39.7 million plus costs to acquire three office buildings in Calgary, as well as the right to acquire four additional buildings that will be built in the same complex.
·         Canadians turn gloomy on economy
Jun 28, 2011 — Canadians' confidence in the economy declined over the last three months, according to a quarterly sentiment index released Tuesday.
·         Six signs it's time to buy a house
Jun 27, 2011 — If you've been considering buying a house but you're still unsure, consider some of the personal and economic conditions that favor home purchases. If you find that a number of these signs ring true for you, it might be time to contact a real estate agent and start shopping.
·         Leave your bank for a better rate
Jun 27, 2011 — Consumers are more aggressive shoppers when they are seeking a mortgage to buy their first home than they are upon renewal. Only 57% of first-time buyers took out their mortgage with their existing financial institution.

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