Low rates look safe for a while

Here is some good news for those in variable rate mortgages:

Low rates look safe for a while

Low interest rates and a rising Canadian dollar are giving strong hope that the Bank of Canada prime rate will stay low for the forseeable future.

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Jeff Evans

Mortgage Broker

(FICOM Licence)
CENTUM Innovative Financial Inc.

#1100-1200 W. 73rd Ave. Vancouver, BC V6P 6G5

Mortgage Rates

Term Bank Rates Our Rates
1 year 3.90% 2.54%
2 year 4.40% 2.95%
3 year 4.45% 2.69%
4 year 5.64% 3.69%
5 year 5.49% 3.65%

Current Variable Rate is 2.00%

Based on the most current leander information and individual circumstances O.A.C E.& O.E

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