Folks could be another small fixed rate jump on horizon. See below. Strange days indeed.
Inflation #s for March were lower than Feb. ( which many say were skewed by Olympics ) which may give Bank of Canada and Mark Carney opportunity to not raise prime rate until July as forecasted instead of bumping up [...]
Entries from April 2010
Rate rises
April 28th, 2010 · No Comments
Tags: General
Fixed Interest Rate Hike
April 13th, 2010 · No Comments
RBC and Scotia surprisingly raised fixed rates further today, a mere two weeks since last spike. Suspect others may follow. Was a 1/4 point increase lifting popular 5 yr. fixed rate to 4.7% range with these lenders. Still others available as low as 4.19% for same product in broker channel.
Variable still a super low [...]
Tags: General
Rate Update
April 3rd, 2010 · No Comments
Fixed rates up unfortunately. Standard 5 year fixed now at 4.24%. Variable still low at 1.75% or prime minus .50%.
Call or email Buyingblock.com for more details. Ask how you can get an additional .05% off your interest rate.
Tags: General