BlogsUnchanged BOC Key Rate Good News for Fixed RatesOctober 19 2010 The Bank of Canada expects economic recovery in Canada to be more gradual than it had projected in July. Based on no increase today to the key rate, lenders are expected to keep their prime lending rate steady. Variable-rate mortgages, variable-rate credit cards, and home equity lines of credit are typically linked to a lender’s prime rate. While pricing for… read more Fixed Mortgage Rates Come DownSeptember 08 2010 Invis, Sept 8, 2010 Pricing on many fixed mortgages for new borrowers has been edging down in recent weeks. A competitive rate for a five-year fixed mortgage is now available at 3.89 per cent for qualified borrowers. A competitive variable rate mortgage is available to qualified borrowers at 2.35 per cent (prime of 3.00 per cent minus 0.65 per cent),… read more Renegotiating Your MortgageApril 26 2010 As a full service financial planning firm, helping clients renegotiate their mortgage is part of our client care package. As your life circumstances change over time, your mortgage needs do as well. The LaLiberté Investment Team can help you obtain a customized mortgage strategy that will ensure you get an extremely competitive interest rate. Find out if renegotiating can reduce… read more |
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