Mortgage Rates as of June 15th
Rates are slipping slightly and with the statement by Carney last week that prime will likely stay put for the remainder of 2010 those variable rates are becoming a VERY popular choice. Unsure if variable or fixed is the right choice? How about a hybrid? These 50/50% mortgages are becoming very popular ... Give Lisa a call to discuss!!!
Mortgage Rates effective: June 15, 2010
Closed Rates: Open Rates:
6 Month Closed: 3.75% 5 Year Open Variable: 3.30%
1 Year Closed: 2.60%
2 Year Closed: 3.20%
3 Year Closed: 3.60%
4 Year Closed: 4.10%
5 Year Closed: 4.15%
7 Year Closed: 4.95%
10 Year Closed: 5.25%
15 to 25 year terms available, please contact Lisa directly for rates
*Certain conditions apply - call for details!
Variable Rates: (Prime rate currently 2.50%)
5 Year Open: Prime +.80% - Currently 3.30%
3 Year Closed: Prime -.65% - Currently 1.85%
5 Year Closed: Prime -.60% - Currently 1.90%
Lisa Manwaring, AMP – Mortgage Broker
Meridian Southwest Mortgage Group Inc.
P: (604) 943 8943 F: (604) 943 8942 C: (604) 805 1833
E: lisa_manwaring@dccnet.com