Blog by Integre Mortgage Partners
OTTO Mortgage Systems
January 3rd, 2012
Check me out giving street cred' to OTTO Mortgage Systems....
http://www.ottomortgage.ca/?p=206
http://www.ottomortgage.ca/?p=206
Market Update
August 4th, 2011
Market Update
The 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%.
The 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%.