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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
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oakville: stay tuned - 04/06/08 09:37 PM
More interest rate reductions are expected to follow......stay tuned … (1 comments)
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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 5.99%
5 year 5.79%
7 year 6.20%
10 year 6.30%
Many variable rate options including introductory rate of prime less 2.51%
Take advantage of the low rates and consider transferring from your existing lender. Its easy and most or all expenses are covered.
Consider refinancing to do that renovation or … (0 comments)
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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 this bad news is already reflected in current prices. It turns
out that not only did the barrage of negative headlines of recent months raise the level of market immunity to adverse subprime
news, but in fact, even after its recent improvement, the mortgage-backed market is currently pricing in a … (1 comments)
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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 can purchase. You can get the discount rates also. Give me a call or drop me an email if you want more information.
bjeysman1@cogeco.ca 905-978-7283
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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 before your current mortgage expires, you will receive the lower rate. If the rates do go up as anticipated, you have secured the lower rate. Many of the Financial Institutions will cover fee's associated with your mortgage transfer ie. appraisal costs. Please note, this is for Ontario, Canada residents.
Also, … (0 comments)
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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 and Canada now has its lowest unemployment rate in over 3 decades. Manufacturing’s share of total employment will soon be less than 10% of all the jobs in Canada. The auto industry appears headed to Eastern Europe and China so the job shedding in manufacturing appears that it will continue.
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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 your dream home, consolidate your debt or get a line of credit or have an existing mortgage coming up for renewal and are looking for the best mortgage rate, I can find the mortgage for you. I believe each client deserves personalized service to assist with their debt management. I … (1 comments)
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Beth Jeysman (Lic M08000227)
Burlington,
ON
More about me…
Verico KC Mortgage Services (lic 10410) indep owned and oper
Address: bjeysman1@cogeco.ca, Burlington, on, L7L 2X5
Office Phone: (905) 978-7283
Cell Phone: (905) 978-7283
Email Me
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