Agent Blogs



Cory Kline, AMP - Mortgage Agent
Cory Kline, AMP
Mortgage Agent
Read Cory Kline, AMP's Blog Go to Cory Kline, AMP's Website Follow Cory Kline, AMP on Facebook

Cory's Mortgage Market Update

Updated Friday, September 19, 2014
Views (2324)

Bond rates have continued to rise. We have seen several rate hike warnings and a few lenders make small upward adjustments.

5 year fixed rates are still in the high 2 % range with variable rates in the 2.35-2.55% range.

If you have a variable rate of any more than prime
+.25 or a fixed rate of 4.25% or more, we should explore the merits of refinancing to a lower rate.  It may result in savings of thousands of dollars and a longer term at today's record low rates.     
 
Contact me for a free, no obligation review. Spending a few minutes could save you thousands of dollars.

Bank prime is 3.00%.

Next Bank of Canada update is October 22, 2014.

P.S. If you, your family, or co-workers require guidance on current market trends, please call me, I am always available to help.

Cory Kline, AMP
Neighbourhood Dominion Lending Centres 
Cell / Text: 705-794-1283
Fax: 1-877-812-6190
Mortgage Agent, FSCO # M09001239
Brokerage FSCO Lic. # 11764 

Add a Comment

Fields marked with "*" are required to process your form.
*
*

Allowed XHTML tags : a, b, i, strong, code, acrynom, blockquote, abbr. Linebreaks will be converted Automatically.

CAPTCHA Image