Blog by Integre Mortgage Partners
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OTTO Mortgage Systems
January 3rd, 2012http://www.ottomortgage.ca/?p=206
Credit Counselling Society
October 24th, 2011www.nomoredebts.org
www.mymoneycoach.ca
4 yr fixed rate!
October 18th, 2011Check out our 4 yr fixed rate special- 2.89%!
Discounts off Variable Rates are slowing disappearing
October 5th, 2011Equity Management
August 5th, 2011One of the things I talk to clients about is using the equity in their home to help build additional wealth. How? You can take some of your home equity out through your mortgage, and then move those funds into a secure investment vehicle or to purchase a rental property.
I bring this up now because house prices in the Van ...
Market Update
August 4th, 2011The Bank of Canada made their interest rate announcement on July 19th , they left rates unchanged. The prime rate remains at 3%. Both TD and Scotia Bank are now forecasting that rates will remain at their current level until 2012. Variable rates are currently available in the prime minus .80%. 5yr fixed rates are dropping and we have seen some lenders at 3.79-3.54%.
Financial Update
April 17th, 2009After grinding steadily higher throughout the day yesterday, the TSX index is headed for its sixth consecutive weekly gain. The S&P500 is also in positive territory for the week, but just barely. Better than expected scorecards from GE and Citigroup are helping lift spirits this morning, as well as a surprising jump in consumer sentiment south of the border. Inflation in Canada continues to b ...
Bond Yeild Update
March 25th, 2009Bond yields rise in the face of decent economic data, the 5-year yielding is 1.93%. This could move fixed rates up, get your pre-approval! Most lenders will give a rate hold for a 120 days.
Fixed Mortgage Rate Drops
March 23rd, 2009The Canadian 5 yr bond yeild had its largest drop since September. The fixed mortgage rates generally follow the bond market so this is great news for fixed rate mortgage shoppers!
Most lenders followed the bond drop by lowering their 5 yr fixed rates. The lowest 5 yr fixed rate we have seen today is 3.99%.
BMO economist, Sal Guatieri, says, recent rate cuts have "led to the best housing affo ...
