Blog by Susan Smith

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Prime rate increased this week to 2.75%

* denotes some conditions apply
Please contact your broker from our website
www.garibaldimortgage.com
As requested, I'm keeping a close watch on mortgage rates for you.
Thanks for giving me this opportunity to help. As you requested, I'm letting you know that mortgage rates changed today. If you're in a variable rate mortgage, this fluctuation in rates may have an impact on your family budget and future financial plans. As your Mortgage Specialist, I'd be happy to sit down with you, analyze your current situation and discuss what actions you might want to take. Please feel free to contact me anytime.

The following table gives you an idea of the range of rates currently available. Remember, all rates are subject to change without notice. Rest assured I'll update you of the next rate change as soon as it happens!

 

 

Rates as of Thursday, July 22, 2010
Term Ours Banks
6 month 4.60 4.90
1 Year 2.50* 4.35
2 Year 3.20* 4.00
3 Year 3.60*+ 4.60
4 Year 4.04*- 5.59
5 Year 3.99* 6.10
7 Year 4.85 6.90
10 Year 5.25* 7.05
15 Year 9.20 9.55
25 Year 9.30 9.65
Please talk to me to see if these rates are still current and applicable to your specific situation. Although we strive for accuracy, timeliness and completeness, information quoted is not guaranteed and may change at any time.
Mortgage Tip
When it comes to your mortgage, you can never have too much information. With that in mind, I'm providing you with this timely tip.
5 year fixed rate with Aeroplan 4.64%
Each Mortgage Centre office is independently owned and operated.
Garibaldi Mortgage
Phone: 604-905-3800
Facsimile: 604-905-3801
Email: Click Here
Website: Click Here

 

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