Rate Update March 21 2013

Finally the feeling of Spring is in the air, hopefully getting people up and out looking at properties.

Did you know we have access to several lenders that offer “Purchase Plus Improvements”?  This allows them to purchase a home/condo and add in some extra funds for renos at the same great rate the mortgage is at.   This is a great tip to keep in mind to mention to clients when showing properties that might need a little “TLC” or updates.  Many homebuyers are not aware of this as an option…and for those properties located in the perfect location but not so great condition might just add some options for them to consider.  For further details feel free to contact us anytime.

Also for more information check out my blog  – www.gina.techtone.ca  or follow me on facebook and twitter

Term Posted Rate Our Rates*

1 YEAR CLOSED

2 YEAR CLOSED

3 YEAR CLOSED

4 YEAR CLOSED

5 YEAR CLOSED

7 YEAR CLOSED

10 YEAR CLOSED

Variable Rate

Prime Rate

3.00%

3.04%

3.65%

4.64%

5.24%

6.35%

6.75%

2.60%

3.00%

2.54%

2.54%

2.60%

2.84%

2.84%

3.54%

3.69%

2.60%

3.00%

BenchMark Rate 5.14%. * Rates may vary provincially and are subject to change without notice OAC.

[unsubscribe url]