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Rates possibly going up this week
One of my business partners, Rob Townsley,  has giving me the heads up...thought you would all want to know.
Residential Mortgage Rates*
Effective June 27, 2011*
Term6 Month1 Year2 Year3 Year4 Year5 Year7 Year10 YearVariable
Rate
Prime
Rate
Posted Rates*4.55%4.30%4.05%4.35%5.14%5.49%6.60%6.99%
Best Rates*3.85%3.19%3.55%3.49%3.59%3.69%4.79%4.99%2.25%3.00%
*Interest Rates are provided for information purposes only and are subject to change at any time without notice. The products listed above are available only in Canada to Canadian residents. Rates shown are for single family residential properties only and are subject to meeting all lenders credit granting criteria. Rates shown above may be specific to the sender and some conditions may apply. E&OE.
The bond rates have been on the rise last week. I would not be surprised if you start seeing lenders increase the 4 and 5 year rates this week if the trend continues.
Call Today For Award Winning Service!
Rob Townsley
Mortgage Consultant
905-830-3444
rob@townsley.ca
Oriana Financial Group - Holland Landing, Ontario
* The information and opinions contained in this document are obtained from various sources and believed to be reliable, but their accuracy cannot be guaranteed. The publisher assumes no responsibility for errors and omissions, or for damages resulting from using the published information and opinions. This document is provided with the understanding that it does not render legal, accounting, or other professional advice. Whole or partial reproduction is forbidden without the written permission of the publisher.

Published Tuesday, July 05, 2011 5:29 AM by Opal Hustins

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