Real estate blog entries tagged with oakville by Verico KC Mortgage Services

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oakville: 40 year amortizations discontinued - 07/12/08 06:39 PM

Call me while you can. The 40 year amortization will be eliminated soon. Even though the Ministry is allowing until October, some of the lender have removed their 40 year amortization already. Give me a call to get your approval today and get the 40 year amortization-905-978-7283
… (0 comments)

oakville: stay tuned - 04/06/08 09:37 PM

More interest rate reductions are expected to follow......stay tuned … (1 comments)

oakville: Canada's prime down further rate cut possible - 01/28/08 03:33 PM

Canada's prime went down 0.25% last week to 5.75%. The possiblility of another decrease is possible due to the effects the American market is having in Canada.
The rates today are as follows:
6 months      6.50%
1 year          5.74%
2 year          5.99%
3 year          5.99%
4 year          … (0 comments)

oakville: Prime rate down - 12/09/07 06:38 PM

The prime lending rate is down by 0.25%. It is expected that the fixed rates could come down shortly. Clients currently in variable rate mortgages are in good position. The high Canadian dollar and the lower bond prices are the major factors in the rate decrease.
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oakville: US Subprime - 09/30/07 01:26 PM

See below article by Benjamin Tal (CIBC econominst) regarding the US Sub Prime market
It’s far from over. The news from the US subprime space will get much worse in the coming year, with default rates surging to
unprecedented levels. But what really counts for the market is how much of … (1 comments)

oakville: No down payment....no problem - 08/13/07 05:25 PM

Are you looking to purchase or know someone who would like to buy? Don't have a down payment? No problem.....you don't need a down payment. If you have sufficient savings to cover your closing costs which are approximately 1.50% of the purchase price, and you qualify under normal lending criteria, you … (0 comments)

oakville: Transfer your mortgage to take advantage of better rates. - 07/05/07 08:46 AM

The Bank of Canada has indicated a rise in rates coming in July or August and another possible hike before the end of 2007. Secure a rate today and take advantage of the rates before they go up. A rate guarantee of 120 days is available. If the rates go down … (0 comments)

oakville: Up to date market information - 06/28/07 06:51 PM

There’s a quote “… it’s time C$ short sellers gave up the notion that there is still a manufacturing sector in Canada left to protect” The loss of 275,000 factory jobs since 2002 has become just a footnote. During this time there were 1.5 Million jobs created outside of the factory … (0 comments)

oakville: Call Beth for the best mortgage fit. - 06/25/07 03:00 PM

I am an independent Mortgage Consultant for Verico KC Mortgage Services. I have been helping clients find the perfect mortgage to suit their very unique individual needs for over 15 years and Verico KC Mortgage Services has over 35 years experience. Whether you are looking to purchase, refinance for renovations, build … (1 comments)

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