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Cory Kline, AMP - Mortgage Agent
Cory Kline, AMP
Mortgage Agent
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Cory's Market Comment...

Updated Monday, January 9, 2012
Views (7050)

Market Comment...
The bond rate hit a low for 2011 on Dec. 19th. There have been marginal increases since then but the it still remains at close to record lows. 

Fixed rate mortgages remain at historical lows ranging from 3.24-3.49% range. Variable rate mortgages are from prime to prime less .15% range.

The next meeting of the Bank of Canada is January 17th. No changes are expected at that time.

Today's rates are historical lows, making now a great time to buy or refinance.
If you have a variable rate of any more than prime +.75 or a fixed rate of 4.25% or more, we should explore the merits of refinancing to a lower rate.
Contact us for a free, no obligation review. Spending a few minutes could save you thousands of dollars. 

Bank prime is at 3.00%
 
The next meeting of the Bank of Canada is on January 17, 2012. 

P.S. If you, your family, or co-workers require guidance on current market trends, please call us, we are always available to help.
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Today's Mortgage Rates...
Line of Credit: 3.25% Laurentian Bank
3 Year Fixed: 2.89% Merix Financial
5 Year Special: 3.29% plus $750! National Bank
7 Year Fixed Special: 3.89% ING
10 year Fixed: 4.39% ING
Free Down Payment: 4.73% Meridian
5% Cash Back: 4.64% Firstline
Variable: 2.85% Meridian
Neighbourhood DLC is #1 in Volume with Dominion Lending Brokerage in Canada.  We work with
50 lenders offering preferred volume discounted interest rates which help us to customize a Mortgage Plan for you.

Thank you,

-Cory Kline 705-794-1283

Mortgage advisor from Neighbourhood DLC


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