The picture of the Canadian interest rate market is unchanged this week.  Regular 5 year money is currently in the 2.99% – 3.19% range. I now have 2 lenders, both conventional and high ratio, offering 10 year funds at 3.89%.                 *If you have a variable rate mortgage of any more than prime +.75 or […]

Mortgage Market Update – Oct 9, 2012 In the past week, there was virtually no change in the bond or mortgage rates. Costs of all funds remain extremely low. All lenders and mortgage insurers are continuing to tighten up on lending policies. This makes it even more important that you are dealing with full time, […]