Searching for a mortgage solution and all the different options beginning to cause you some anxiety?
Call the MortgageGirl team today and let us help you sort through all the information.
Wondering whether to take fixed vs variable?
Or perhaps you want a mortgage that is both fixed and variable?
Are you considering a shorter term and have heard that a 5 year fixed is the best option?
Questions… we have answers and will work with you to customize your solution.
CALL TODAY! APPLY TODAY!
“You can’t just pick the cheapest bank anymore, you have to pick the winners,”
Craig Fehr, Edward Jones banking analyst, said from St. Louis.
With this in mind pick the winning MortgageGirl team to help you pick the winning strategy with a strong sound lender!
CALL TODAY! APPLY TODAY!
Now we have 3 variable rate options* for you to choose from:
- 1 year at prime less .15%
- 3 year at prime less .40%
- 5 year at prime less .40%
Below is what CMHC has said about rates.
If you have questions please call us for a FREE consultation and see if any of these terms works for you!
CMHC’s latest Housing Market Outlook suggests a few good reasons why. Let’s take a closer look at one of them.
Mortgage Rate Outlook Source CMHC 4th Quarter 2009
Mortgage rates have fallen over the course of 2009, but are now expected to remain relatively stable for the rest of the year. Posted mortgage rates will gradually increase through 2010, but will do so at a slow pace. For 2010, the one-year posted mortgage rate will be in the 3.50-4.25 per cent range, while three and five-year posted mortgage rates are forecast to be in the 4.50-6.00 per cent range.
With that being the case this would be an excellent time to put your clients into a short term “ARM” and allow them the opportunity to play out a longer extended period of relatively low rates without having to incur the possibility of a quick spike up in fixed rates given the latest rate forecasts!! If rates do trend upward all indicators point to a slow increase giving your clients the time they need to decide to get into a great 5yr discounted rate.
* Rates subject to change without notice OAC E&OE