Prime is Down to 2.25% in Calgary Canada

By
Mortgage and Lending with Lynn Meldrum with Verico Canada First Mortgage

Well I just blooged the other day about it going down another quarter of a point and here it is.  For all of you folks with adjustable rate mortgages, congradulations your mortgage payment goes down again.

The Lenders are putting this into practice as we speak, so the next little while we shall see what will happen next.  The latest rates are as follows

 

 

 

 

 

Lynn Meldrum , Mortgage Professional

 

Verico Canada First Mortgage

Phone 1-403-554-9142

Fax  1-866-53-4235

Email  lynn@canadafirstmortgage.com

                       

 

Term

Our Discounted

Posted Bank Rate

Adjustable

Prime plus 0.75%

Prime Plus 1%

1 Year

2.99%

5.50%

2 Years

3.59%

5.75%

3 Years

3.59%

5.75%

4 Years

3.79%

5.69%

5 Years

3.69%

5.79%

7 Years

5.15%

7.00%

10 Years

5.25%

7.35%

 

rates as of April 22, 2009

 

 

Rates can change w/o notice

 

Comments (1)

Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

Welcome to activerain, while you are here be sure to check out the Q and A sections and see if you have answers to some of the questions that other members are asking:  Activerain Q & A

Mar 05, 2016 02:00 AM