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Mortgage Updates

Here's a look at mortgage info from 
STRATHMORE REAL ESTATE.COM 

Lets take a look at MORTGAGE UPDATES
Thankyou VONNIE BOSCH at Atb & CORY LEWIS  at Jencor for info this week

 VONNIE writes:

How Low Can They Go? 

5 year fixed @ 2.89% Wow!

 

Canada is one of the best countries in the world for home ownership. We are now clearly the fastest growing nation in the G8 regarding immigration as recently reported in the Globe and Mail. Canada is setting its sights on an annual immigration of 400,000 people by 2016 up from the current 320,000. 

The demand for home ownership across all provinces will be significant for decades. As Canadians we can feel confident that our home will continue to be a place where we raise our families, have our dreams come true and remain a cornerstone of our life long financial wellbeing, despite what the media would like us to believe. 

The U.S. economy is showing signs of consistent growth with housing starts and new jobs leading the charge. This of course bodes well for us and is particularly welcome news for our manufacturing and resource sectors. 

So the economy on both sides of the border looks promising, immigration will continue to add to the growth of Canada and interest rates are historically low. Regardless of what some might want us to think Canada is Still the Best Place to Own a Home!

If you know anyone who is looking to buy a home, it’s important that they get pre-approved today! The spring market is fast approaching and there is evidence everywhere of a pent up demand. Having that pre-approved mortgage in hand can give someone the advantage over other buyers.  

Call or email me today!

Vonnie Bosch | Mortgage Specialist  |  Mortgage Development Calgary & Area

Cell  403 701-8407  |  Fax  403 934-5591
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And
CORY writes 

JENCOR'S CURRENT RATES*
2.79% 5 YR FIXED RATE MORTGAGE
POSTED RATE: 5.24%
2.79% 4 YR FIXED RATE MORTGAGE
POSTED RATE: 4.39%
2.54% 3 YR FIXED RATE MORTGAGE
POSTED RATE: 4.05%
2.49% 2 YR FIXED RATE MORTGAGE
POSTED RATE: 3.29%
2.64% 1 YR FIXED RATE MORTGAGE
POSTED RATE: 3.10%
2.60% 5 YR VARIABLE RATE MORTGAGE
POSTED RATE: 3.00%
*RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. OAC
Jencor Mortgage Associate

Cory Lewis
MORTGAGE ADVISOR

Phone: 1-877-245-3636
Fax: (403) 229-3113

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