Wednesday, January 25, 2012
| Terms | The Bank | Our Rates |
|---|
| 1 Year | 3.50% | 2.74% |
| 2 Years | 3.85% | 2.74% |
| 3 Years | 4.05% | 2.89% |
| 4 Years | 4.79% | 2.99% |
| 5 Years | 5.29% | 3.19% |
| 7 Years | 6.35% | 3.99% |
| 10 Years | 6.75% | 3.89% |
| VIRM | 3.00% | 2.90% |
| The prime rate is 3.00% |
Shawn Mooney
(403) 945-8769
Toll Free 1-866-215-1670
mortgages@shawnmooney.com
Website: http://www.shawnmooney.com
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- Buy now to get an unheard-of rate
Jan 17, 2012— There's a brilliant reason to get into our expensive and quite possibly weakening housing market right now. A 10-year mortgage is now available for under 4 per cent. You can thank the banks for this unheard-of rate. In the past week or so, competition between them on mortgage rates has gone nuclear.
- Connect the housing bubble dots
Jan 23, 2012— A few months ago I heard leading Canadian investor Eric Sprott speak, and he said a very basic thing that struck a chord. He said that you should not be afraid to connect the dots. The dots are usually in front of you, but people don’t often look beyond the single dot.
- Time ripe for mortgage move
Jan 23, 2012— Local mortgage brokers aren't expecting a flood of inquiries but say the time may be ripe for those with a stable income who are buying, renewi ng their mortgage or aren't looking at major penalties to refinance.
- Home sales rise 1.8% in December
Jan 16, 2012— National resale housing activity continued to rise in December, up 1.8 per cent compared with November, the Canadian Real Estate Association said Monday.
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