Bank of Canada Update

Bank of Canada Update   Today, the Bank of Canada maintaned the overnight rate target at 1 per cent.  That is great news, especially for those of you with a variable rate mortgage.  Simply said if you have a varialbe rate mortgage it means the rate on your mortgage will not be adjusted as a result of this news.  It has been quite a long time since the Bank of Canada has moved that interest rate.  The next scheduled meeting is on the 4th of December, this year.  If you would be interested in more information on some of the factors which go in to determining this rate please follow the link provided. bit.ly/Vz0uha  Stay Connected with me; Follow me on Twitter https://twitter.com/shawnmooney1 Like my business on Facebook http://www.facebook.com/AlbertaMortgageExpert Add me as a friend on Facebook http://www.facebook.com/shawn.mooney1 Check out my Video Blogs on Youtube http://www.youtube.com/user/AltaMortgageExpert My Blog is available at http://www.shawnmooney.net   Do you have any friends, family or collegues that you feel could benefit from any of the services I offer?  Do you know anybody who would benefit from the information provided?  If so, I would appreciate it if you would share this email, pass it around.  Thanks so much.  Forward to a Friend

Friend on Facebook   Follow on Twitter Forward to a Friend   Shawn Mooney Bayfield Mortgage Professionals Ltd. Mortgage Expert Phone 403-945-8769 Toll Free 1-866-388-1838 Email: mortgages@shawnmooney.com Website: www.shawnmooney.com Mobile Website www.shawnmooney.ca   Current Rates:   Terms   Our Rates 1 Year   2.74% 2 Years   2.69% 3 Years   3.10% 4 Years   2.99% 5 Years   3.04% 7 Years   3.99% 10 Years   3.89% VIRM   2.80% The prime rate is 3.00%   Different, lower rates may be available. Please contact me for details. Rates can change anytime. O.A.C. Some special conditions can apply, rate might be quick close or high ratio only.