Time to Review Your Mortgage…Bank Rates Cut a Further 0.5% - 03/03/09 05:08 PM
The Bank of Canada announced this morning that they would be lowering the overnight lending rate 1/2 a percentage point.  The major banks followed suit reducing the prime rate from 3% to 2.5%.  Since December 2007, the bank rates have been lowered a total of 4% points.
If you haven’t already, now is a great time to speak with your lendor or mortgage broker about the options available to you to lower your existing mortgage rate.  It could potentially save you thousands of dollars in interest.  I am meeting a number of home owners who are seeing the softer market and … (0 comments)

 
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Lindsay Walls - Oakville Ontario Realtor

Oakville, ON

More about me…

RE/MAX Aboutowne Realty Corp., Brokerage

Address: 67 Lakeshore Road West, Oakville, ON, L6K 1C9

Office Phone: (905) 338-9000

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Welcome to Life in Oakville, a blog dedicated to the issues and events that affect day to day life in this great community. Conveniently located along the shores of Lake Ontario just 30 kilometres away from Toronto and Hamilton, Oakville is a popular choice for commuters who want to live in a community setting while maintaining the career opportunities associated with the Greater Toronto Area. For more information on the town of Oakville, its local real estate market and the real estate buying and selling process, please visit my website at www.lindsaywalls.com. Thanks for stopping by! Lindsay


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