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PostPosted: Wed Jun 12, 2013 8:08 am 
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Joined: Fri Feb 01, 2008 2:35 pm
Posts: 528
Most mortgage lenders have raised their rates over the past week to between 3.09% and 3.29%. There is still one lender however that has not raised their rates just yet, but it is just a matter of time before they do.

If your mortgage is closing within 30 days, than you can get a 5 year fixed as low as 2.59% with limited prepayment privileges of 5%.
You can get as low as 2.79% for mortgages closing up to 120 days with 15% prepayment privileges.

This is an offer that WILL be going up at anytime and could even be gone before the end of the day today. This may be the last time we see rates this far below 3% or even below 3% at all.

EDIT: Lenders have raised rates to between 3.09% and 3.29% (not 2.99%)

Rates going up as of 5pm TODAY. Last chance.

_________________
Paul Meredith
Mortgage Broker
CityCan Financial (est 1976)
416-409-8009
http://www.easy123mortgage.ca
paulm@citycan.com
Lic#10532

Follow me on Twitter! http://www.twitter.com/paulmeredith


Last edited by PaulMeredith on Wed Jun 12, 2013 12:46 pm, edited 1 time in total.

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PostPosted: Wed Jun 12, 2013 11:49 am 
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Joined: Sat Feb 09, 2013 5:44 pm
Posts: 15
Yup, he's right. Even with TD we have recently raised our fixed rate. I was just able to get some clients locked in just under 2.9%. It looks like our variable rate is starting to look attractive again.

Nick Choukour
Mobile Mortgage Specialist
TD Canada Trust
(P) 647.201.8171
nick.choukour@td.com


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