Lynn Meldrum's (lmeldrum) Blog

By
Real Estate Mortgage Broker - Lynn Meldrum with Verico Canada First Mortgage

ARCHIVED BLOG POSTS

2009 

Best Mortgage rate right now are a 1 year at 4%  then 2 & 4 years at 4.69% then a 5 year at 4.74% all are fixed rates.  I find the variable rates a good deal right now, but as I don't know what's happening in the future the 0.60 & Prime woundn't be a good rate if prime goes up again.    
Posted over 5 years ago
Best Mortgage rate right now are a 1 year at 4%  then 2 & 4 years at 4.69% then a 5 year at 4.74% all are fixed rates.  I find the variable rates a good deal right now, but as I don't know what's happening in the future the 0.60 & Prime woundn't be a good rate if prime goes up again.    
Posted over 5 years ago
It seems daily that the interest rates are coming down.  I opened up another email from a lender and they are at a 30 day close of 4.69%.  If only I had gotten a variable rate when they were at prime -0.90.  Clients Qualifying for a new mortgage will be having a bit more trouble as the qualifying...
Posted over 5 years ago
  well life's certainly getting interesting in the last few days.  Mortgage rates continue to edge lower so that more people can afford a mortgage and House Prices are starting to stablize.  Rates are awesome Best rates are 4.94% for a 5 year fixed.  I am anticipating the Canada Bank meeting on J...
Posted over 5 years ago
0 Comments
Well it's an exciting new year to look forward to.  This year many economist are predicting a low until mid spring when its starts getting exciting here in Canada.  House prices may start to rise by the end of the year.  Hopefully this will get some of our clients off of the preverbial fence and ...
Posted over 5 years ago
Rainer
17,372

Lynn Meldrum

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: