BOC Rate Increase Most Likely

Term Rates 1 Year Fixed 2.39%  2 Year Fixed 2.24%  3 Year Fixed 2.31%  4 Year Fixed 2.44%  5 Year Fixed 2.59%  7 Year Fixed 2.89%  10 Year Fixed 3.29%  Variable Rate 1.95%  Prime Rate 2.70%  Benchmark Rate 4.64%  Rates subject to change without notice.  Some conditions apply.  O.A.C.  Some rate discounts are dependent on giving up mortgage privileges, closing quickly and custom maturity dates.  For more details, contact me.   Facebook Twitter Email Website LinkedIn Google Plus BOC Will Most Likely Increase Rates There has been a lot of talk lately about possible rate increases in the media.  Not only that, some lenders have been emailing me to advise me that there is a really good chance that rates will move next week. That means that if you have a variable rate mortgage your rate may go up next week.  In turn, you can expect higher mortgage payments. Please don't hesitate to contact me with any questions or concerns you may have.  You may want to take a look at a fixed rate if you are worried about future increases. Stay tuned... I will send out a rate update next week. Save the Date The Bank of Canada's next meeting date is scheduled for July12, 2017. Do you have any friends, family or colleagues 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