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21 Sep

General

Posted by: Anne Martin

EQUIFAX UPDATE:

“We have found no evidence of unauthorized activity on our Canadian core consumer or commercial credit reporting databases.

We will be sending notices via mail directly to all impacted consumers outlining the steps they should take.

As part of the notification process, we will provide free credit monitoring and identity theft protection to impacted Canadians (including any Equifax Canada employees).

Canadians who are concerned they may have been impacted can contact our consumer representatives at 1-866-828-5961 or EquifaxCanadaInquiry@Equifax.com”


Best fixed rates are as low as *2.89 – 3.49 % for a 5 year fixed, variable rate mortgages from as low as p-.85%      
Prime Rate is 3.20%

*High Ratio/Quick Close Specials Available

This is a critical time to sit down and review your household financing needs. Please do not hesitate to contact me should you have any questions.

If you are in the market for a home, or need to refinance in the next year, it is really important to make an appointment today to find out how these changes may affect you.

**rates subject to change with market conditions – *OAC  **conditions apply E. & O. E.

Terms Bank Rates Our Rates
6 Month 3.14% 3.10%
1 YEAR 3.04% 2.89%
2 YEARS 2.84% 2.89%
3 YEARS 3.44% 2.84%
4 YEARS 3.89% 2.99%
5 YEARS 4.94% *2.89 – 3.49 %
7 YEARS 5.30% 3.39%
10 YEARS 6.10% 3.84%
Rates are subject to change without notice. *OAC E&OE

 **Please note that rates shown above are subject to change without notice. The rates shown are  posted rates and the actual rate you receive may be different, depending upon your personal financial situation. “Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. *O.A.C. E.& O.E.”

Check with your Dominion Lending Centres Mortgage Professional for full details and to determine what rate will be available for you.