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In the red corner… currently weighing in just under the Canadian Prime lending rate at Prime – 0.25%… the 5 year variable rate. And in the blue corner… currently weighing in around 2.99% (new rate advertised January 13, 2012)… the 5 year fixed rate. LET’S GET READY TO RUMBLE!!!!
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Bank of Montreal (BMO) shocked the mortgage market by dropping its Low Rate 5 year fixed mortgage to 2.99% effective today, January 14, 2012. It is a limited time offer that is available only until January 25, 2012. This is …
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On January 14, 2012 TD announced a special discount fixed mortgage rate of 2.99% for their four year fixed mortgage product. This followed their announcement of a special six, and seven year fixed rate of 3.79%, and 3.99% respectfully. The …
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Increasingly Canadians looking to buy a house are seeking more information from the professional helping to secure their mortgage. They look to their mortgage expert for good financial advice, guidance and some level of consultation on what most likely is the biggest investment of their lives. Mortgage experts are now on the front line when giving advice to new homeowners on how much they should borrow and at what rate.
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I was kindly invited as a guest on CTV’s Canada AM this morning to discuss tips for Canadians dealing with debt. Here are RateSupermarket.ca’s Top Tips for Dealing With Debt: 1 .Set a budget The first step is to get …
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Want to know what the outlook is on mortgage rates for the next 30 to 40 days? Our panel of mortgage experts share their views on Canadian Mortgage Rate Trends.
Panel Consensus
February 2012
