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This Week's Mortgage Rates - June 30, 2009

 

Dear Home Buyer/Seller,

Attached you will find our latest rate sheet, reflecting some of the lowest rates* in the market from some of the lenders I work with.

Please feel free to call me with regards to any questions you may have about the rates listed or any mortgage related inquiries. 

TERM	BEST RATE*	FACTOR-35 YRS.	FACTOR-25 YRS
Variable	2.65%	$3.65	$4.55
6 Month	4.60%	$4.77	$5.59
1 Year Closed	2.75%	$3.70	$4.61
2 Year Closed	2.85%	$3.76	$4.66
3 Year Closed	3.45%	$4.09	$4.97
4 Year Closed	3.99%	$4.40	$5.25
5 Year Closed	4.29%	$4.58	$5.42
6 Year Closed	5.30%	$5.20	$5.99
7 Year Closed	5.35%	$5.23	$6.02
10 Year Closed	5.25%	$5.17	$5.96
Line of Credit	3.25%	n/a	n/a
Prime Rate	2.25%	Change Since Last Update	0.00

 *OAC. Certain conditions may apply. Rate subject to borrower, property qualification and can change witout notice. Factors have been calculated using a 35 and 25 year amortization. Lower rates may be available on "Quick Close" or "No Frills" mortgages, however they may not be suitable for all clients.

Leon Smith

Mortgage Agent

FSCO M08001516

647 299 - 2120

leon.smith@rogers.com

This Week's Mortgage Rates-June 24,2009

Dear Home Buyer/Seller,

Attached you will find our latest rate sheet, reflecting some of the lowest rates* in the market from some of the lenders I work with.

Please feel free to call me with regards to any questions you may have about the rates listed or any mortgage related inquiries. 

TERM	BEST RATE*	FACTOR-35 YRS.	FACTOR-25 YRS
Variable	2.65%	$3.65	$4.55
6 Month	4.60%	$4.77	$5.59
1 Year Closed	2.75%	$3.70	$4.61
2 Year Closed	2.85%	$3.76	$4.66
3 Year Closed	3.45%	$4.09	$4.97
4 Year Closed	3.99%	$4.40	$5.25
5 Year Closed	4.39%	$4.64	$5.47
6 Year Closed	5.30%	$5.20	$5.99
7 Year Closed	5.35%	$5.23	$6.02
10 Year Closed	5.25%	$5.17	$5.96
Line of Credit	3.25%	n/a	n/a
Prime Rate	2.25%	Change Since Last Update	0.00

 *OAC. Certain conditions may apply. Rate subject to borrower, property qualification and can change witout notice. Factors have been calculated using a 35 and 25 year amortization. Lower rates may be available on "Quick Close" or "No Frills" mortgages, however they may not be suitable for all clients.

Leon Smith

Mortgage Agent

FSCO M08001516

647 299 - 2120

leon.smith@rogers.com

This Week's Mortgage Rates

This reflects the most recent changes and lowest mortgage rates** in the market from some of the lenders Paula and Leon work with.

The next scheduled Bank of Canada rate setting date is April 22, 2009. 

Please feel free to call me with regards to any questions you may have about the rates listed or any mortgage inquiries for yourself or your clients.

 

TERM	BEST RATE*	FACTOR
Variable	3.80%	$4.29
6 Month	5.00%	$5.01
1 Year Closed	3.25%	$3.98
2 Year Closed	3.90%	$4.35
3 Year Closed	3.99%	$4.40
4 Year Closed	4.09%	$4.46
5 Year Closed	4.19%	$4.52
6 Year Closed	5.40%	$5.27
7 Year Closed	5.90%	$5.59
10 Year Closed	5.25%	$5.17
Line of Credit	3.50%	n/a
BANK PRIME: 2.5%	Change since last update	0.00%

*OAC. Certain conditions may apply. Rate subject to borrower, property qualification and can change without notice.

Factors have been calculated using a 35 year amortization. **Rates subject to change without notice.

 

Sincerely,

 

Paula Roberts/Leon Smith

Mortgage Agents