Rate Hike by the Bank of Canada – Clancy’s Mortgage Solutions

By: Robert Clancy Mortgages & Interest Rates

Hi All,

Here is a great article I came across on yet another possible rate hike by The Bank of Canada this year. Its a great read especially if you are a variable rate mortgage holder. With the next meeting fast approaching on October 24th, 2018 many Canadian’s are wondering if now is the time to lock in their mortgage rates.

Read the article by clicking on the link below:

https://www.movesmartly.com/articles/should-canadian-variable-rate-borrowers-lock-in-now?utm_source=hs_email&utm_medium=email&utm_content=66173890&_hsenc=p2ANqtz-8SHD7l0GWVh-n6nOGPDFilpAB-We7shyXJmnoKGF4i527rAratqoRXpaLjG5tMoOqZCkgJn0xHehmDPDWcbg8qLtEuVPbwPJ5KAcrTLRRv9beI_pY&_hsmi=66173890

Enjoy the read, Please do not no hesitate to reach out for any mortgage inquiries.

Cheers !

Robert Clancy
Residential and Commercial Mortgage Agent
————————————————-
SAFEBRIDGE Financial Group
Broker License #10524
Direct Line | 416-899-1467
Fax | 1866 385-4049
E-mail | robert@safebridgefinancial.com

Today’s Interest Rates

In todays Mortgage Financing Market mortgage rates are changing constantly. Today mortgages rates are based on so many different variables, it is impossible for an adviser to give a true rate quote without actually reviewing the borrower’s application first.

Click Here to read more.

BANK RATES	TERM	OUR RATES
3.89	1-YEAR	1.99
3.89	2-YEAR	1.69
3.39	3-YEAR	1.69
3.89	4-YEAR	1.74
5.34	5-YEAR	1.99
6.00	7-YEAR	3.95
6.10	10-YEAR	3.95
5.34	Variable (3yr-closed)	3.2
5.34	Variable (5yr-closed)	1.8
5.34	Variable(Open)	2.95

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