Current Mortgage Rates & News - Official CP Forum Sponsor

[Mortgage Made Easy]

Current Rates to Open Week Dec 2, 2024

Bank of Canada Rate - 3.75%
Prime Rate - 5.95%

PROMOTIONS

PROMO 1 --> 3 Year ARM/VRM - 5.00% High Ratio Purchase, Switch Only, Owner Occupied, 90 Days to Close (some restrictions)

PROMO 2 --> 5 Year Fixed - 4.29% High Ratio Purchase, Switch Only, Owner Occupied, 60 Days to Close (some restrictions)

PROMO 3 --> 5 Year ARM/VRM - 5.00% High Ratio Purchase, Owner Occupied, 90-120 Days to Close (some restrictions)

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Full Feature Rates up to 120 day rate protection
Starting at:

2 Year Fixed - 4.99% * High Ratio
3 Year Fixed - 4.19% * High Ratio
4 Year Fixed - 4.69% * High Ratio

5 Year Fixed - 4.29% to 4.59% * High Ratio
5 Year Fixed - 4.39% to 4.69% * Conventional

5 Year ARM/VRM - 5.00% - 5.45%

HELOC Rates Prime +0.00 to +0.50%%

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Since 2008, the Finance Department has announced one mortgage restriction after another, largely in an effort to wean lenders from government support. And just when you think there’s no more regulations to come, they tighten further.

On December 1, CMHC announced it is to triple the charges it makes to some financial institutions. The fee increases will be for guaranteeing loans in the mortgage-backed securities market, which the agency operates under the National Housing Act.

Some experts are predicting that the hike in fees will filter down to homebuyers with the likelihood of a few hundred dollars being added to the cost of a mortgage. The fee for mortgages with a five-year maturity will rise from 0.2 per cent to 0.6 per cent.

Taxpayer exposure to government-backed MBS won’t change in any meaningful way. (MBS, by the way, are comprised of insured mortgages that are already government-backed.) So what’s the point?

Perhaps more revenue for our friends in Ottawa?

[Mortgage Made Easy]

Current Rates to Open Week December 22, 2014

Special Rate Offer

3 Year Fixed - 2.49% (High Ratio only)
Quick Close - Close within 45 days

3 Year ARM - 2.25% (Prime - 0.75%)
90 Days - Some restriction apply (call/email for more details)

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.69%
4 Year Fixed - 2.77%
5 Year Fixed - 2.89%

3 Year + ARM - 2.35%
5 Year ARM/VRM - 2.35%

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.74%* High Ratio
5 Year Fixed - 2.84%* Conventional
5 Year VRM - 2.20* High Ratio
5 Year VRM - 2.30* Conventional
* Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Current Rates to Open Week December 29, 2014

Special Rate Offer

3 Year Fixed - 2.49% (High Ratio only)
Quick Close - Close within 45 days

3 Year ARM - 2.25% (Prime - 0.75%)
90 Days - Some restriction apply (call/email for more details)

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.69%
4 Year Fixed - 2.77%
5 Year Fixed - 2.89%

3 Year + ARM - 2.35%
5 Year ARM/VRM - 2.35%

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.74%* High Ratio
5 Year Fixed - 2.84%* Conventional
5 Year VRM - 2.20* High Ratio
5 Year VRM - 2.30* Conventional
* Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Current Rates to Open Week January 5, 2015

Special Rate Offer

3 Year Fixed - 2.49% (High Ratio only)
Quick Close - Close within 45 days

3 Year ARM - 2.25% (Prime - 0.75%)
90 Days - Some restriction apply (call/email for more details)

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.69%
4 Year Fixed - 2.77%
5 Year Fixed - 2.89%

3 Year + ARM - 2.35%
5 Year ARM/VRM - 2.35%

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.74%* High Ratio
5 Year Fixed - 2.84%* Conventional
5 Year VRM - 2.20* High Ratio
5 Year VRM - 2.30* Conventional
* Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

5 Year Bond Yield is below 1.30% today... a drop from 1.33%.

We could see some 5 year fixed rates drop this week. PM if you would like to be notified of rate changes.

[Mortgage Made Easy]

Current Rates to Open Week January 12 ,2015

Special Rate Offer

3 Year Fixed - 2.49% (High Ratio only)
Quick Close - Close within 45 days

3 Year ARM - 2.25% (Prime - 0.75%)
90 Days - Some restriction apply (call/email for more details)

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.69%
4 Year Fixed - 2.77%
5 Year Fixed - 2.89%

3 Year + ARM - 2.30% * Renews May 2018
5 Year ARM/VRM - 2.35%

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.74%* High Ratio
5 Year Fixed - 2.84%* Conventional
5 Year VRM - 2.20* High Ratio
5 Year VRM - 2.30* Conventional
* Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice
If you are a First Time Home Buyer, please let us know if there is anything we can do to make your first purchase "stress free".

It has been increasingly getting harder for Self Employed people to qualify for mortgages. It is best to start planning early to ensure all the options and strategies are at your finger tips.

Please leave us a comment, question or simply give us a call and we would be happy to assist.

[Mortgage Made Easy]

5 Year Bond Yield is starting the day around 1.90% down from 1.275% a week ago.

Oil is down to $45.96 and the Dollar is up slightly at $0.8373.

Not much movement on rates yet... some small promotions but nothing significant yet.

[Mortgage Made Easy]

OUCH! Bond Yield down again !!!!

5 Year Bond Yield is starting the day around 1.094% down from 1.275% a week ago.

Oil is up slightly to $46.46 and the Dollar is sitting at $0.8364.

Interesting times...

[Mortgage Made Easy]

We get to start the week with some rate and market updates!

5 Year Bond Yield still struggle and are starting the day around 1.072%.

Oil is down slightly to $47.85 and the Dollar is sitting at $0.8350.

Current Rates to Open Week January 19, 2015

Special Rate Offer
3 Year - 2.59% (High Ratio only)
Quick Close - Close within 45 days

3 Year ARM - 2.25% (Prime - 0.75%)
90 Days - Some restriction apply (call/email for more details)

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.69%
4 Year Fixed - 2.79%
5 Year Fixed - 2.89%

3 Year + ARM - 2.30% * Maturity is May 2018
5 Year ARM/VRM - 2.35%

Full Feature Rates -- 45 Quick Close
5 Year Fixed - 2.84%

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.74%* High Ratio
5 Year Fixed - 2.79%* Conventional & High Ratio
5 Year VRM - 2.20* High Ratio
5 Year VRM - 2.30* Conventional & High Ratio
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Bank of Canada cuts key rate by 0.25%

[Mortgage Made Easy]

Wow... the 5 Year Bond Yield fell below 1.00% and is currently sitting at 0.799%.

Too early to tell if lenders will drop mortgage rates... will update as soon as we hear!

Dollar is down to $0.8085...

[Mortgage Made Easy]

Prime rate is dropping from 3.00% to 2.85%. Most lenders have made the announcement and the balance will be making the changes shortly if they have not already done so.

This change assists Variable Mortgage rate clients, student loans, lines of credits... since the rates are based on Prime +/- a certain amount.

Below are some recent changes to rates. Keep coming back as there are more changes to come and if you want up-to-date info, please PM or call.

Current Rates to Open Week January 25, 2015

Special Rate Offer
3 Year - 2.59% (High Ratio only)
Quick Close - Close within 45 days

3 Year ARM - 2.25% (Prime - 0.75%)
90 Days - Some restriction apply (call/email for more details)

5 Year Fixed - 2.79%
Quick Close - Close within 45 days

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.69%
4 Year Fixed - 2.79%
5 Year Fixed - 2.84%

3 Year + ARM - 2.30% * Maturity is May 2018
5 Year ARM/VRM - 2.35%

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.69%* Conventional & High Ratio
5 Year VRM - 2.20* High Ratio
5 Year VRM - 2.30* Conventional & High Ratio
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Current Rates to Open Week February 2, 2015

Special Rate Offer
3 Year ARM - 2.05% (Prime - 0.80%)
90 Days - Some restriction apply (call/email for more details)

5 Year Fixed - 2.74%
Quick Close - Close within 45 days

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.49%
4 Year Fixed - 2.69%
5 Year Fixed - 2.79%

3 Year + ARM - 2.10% * Maturity is May 2018
5 Year ARM/VRM - 2.15%

HELOC Rates Prime +0.25%

Builder - New Home Mortgage Rates
5 Year Fixed - 6 Month Rate Hold - 2.84%* High Ratio and Conventional
5 Year Fixed - 12 Month Rate Hold - 3.28%* High Ratio
5 Year Fixed - 12 Month Rate Hold - 3.38%* Conventional

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.59%* Conventional & High Ratio
5 Year VRM - 2.00%* High Ratio
5 Year VRM - 2.05%* Conventional
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Current Rates to Open Week February 9, 2015

Special Rate Offer
3 Year ARM - 2.05% (Prime - 0.80%)
90 Days - Some restriction apply (call/email for more details)

5 Year Fixed - 2.74%
Quick Close - Close within 45 days

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.49%
4 Year Fixed - 2.64%
5 Year Fixed - 2.79%

3 Year + ARM - 2.10% * Maturity is May 2018
5 Year ARM/VRM - 2.15%

HELOC Rates Prime +0.25%

Builder - New Home Mortgage Rates
5 Year Fixed - 6 Month Rate Hold - 2.84%* High Ratio and Conventional
5 Year Fixed - 12 Month Rate Hold - 3.28%* High Ratio
5 Year Fixed - 12 Month Rate Hold - 3.38%* Conventional

Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.59%* Conventional & High Ratio
5 Year VRM - 2.00%* High Ratio
5 Year VRM - 2.05%* Conventional
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Current Rates to Open Week February 16, 2015

Special Rate Offer
3 Year ARM - 2.05% (Prime - 0.80%)
90 Days - Some restriction apply (call/email for more details)

5 Year Fixed - 2.74%
Quick Close - Close within 45 & 60 days

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.49%
4 Year Fixed - 2.64%
5 Year Fixed - 2.79%

3 Year + ARM - 2.10% * Maturity is May 2018
5 Year ARM/VRM - 2.15%

HELOC Rates Prime +0.25%

Builder - New Home Mortgage Rates
5 Year Fixed - 6 Month Rate Hold - 2.84%* High Ratio and Conventional
5 Year Fixed - 12 Month Rate Hold - 3.24%* High Ratio
5 Year Fixed - 12 Month Rate Hold - 3.34%* Conventional

NO FEE Refinances -- 90 day rate protection
Starting at:
5 Year Fixed - 2.79%
5 Year VRM - 2.25%


Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.59%* Conventional & High Ratio
5 Year VRM - 2.00%* High Ratio
5 Year VRM - 2.05%* Conventional
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Current Rates to Open Week March 2, 2015

Special Rate Offer
3 Year ARM - 2.05% (Prime - 0.80%)
90 Days - Some restriction apply (call/email for more details)

5 Year Fixed - 2.74%
Quick Close - Close within 45 & 60 days

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.49%
4 Year Fixed - 2.64%
5 Year Fixed - 2.79%

3 Year + ARM - 2.10% * Maturity is May 2018
5 Year ARM/VRM - 2.15%

HELOC Rates Prime +0.25%

Builder - New Home Mortgage Rates
5 Year Fixed - 6 Month Rate Hold - 2.84%* High Ratio and Conventional
5 Year Fixed - 12 Month Rate Hold - 3.24%* High Ratio
5 Year Fixed - 12 Month Rate Hold - 3.34%* Conventional

NO FEE Refinances -- 90 day rate protection
Starting at:
5 Year Fixed - 2.79%
5 Year VRM - 2.25%


Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.59%* Conventional & High Ratio
5 Year VRM - 2.00%* High Ratio
5 Year VRM - 2.05%* Conventional
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice

[Mortgage Made Easy]

Rate announcement!

2 Year Fixed @ 2.24%

Not many look at 2 years but if you are... 120 day protection.

[Mortgage Made Easy]

Rate announcement!

2 Year Fixed @ 2.24%
3 Year Fixed @ 2.39%
4 Year Fixed @ 2.54%

All with 120 day rate protection.

[Mortgage Made Easy]

Current Rates to Open Week March 16, 2015

Special Rate Offer

3 Year Fixed - 2.35%
Quick Close - Close within 45 days

3 Year ARM - 2.05% (Prime - 0.80%)
90 Days - Some restriction apply (call/email for more details)

5 Year Fixed - 2.69%
Quick Close - Close within 45 & 60 days

Full Feature Rates -- 90 to 120 day rate protection
Starting at:
3 Year Fixed - 2.39%
4 Year Fixed - 2.54%
5 Year Fixed - 2.74%

3 Year + ARM - 2.10% * Maturity is May 2018
5 Year ARM/VRM - 2.15%

HELOC Rates Prime +0.25%

Builder - New Home Mortgage Rates
5 Year Fixed - 6 Month Rate Hold - 2.79%* High Ratio and Conventional
5 Year Fixed - 12 Month Rate Hold - 3.24%* High Ratio
5 Year Fixed - 12 Month Rate Hold - 3.34%* Conventional

NO FEE Refinances -- 90 day rate protection
Starting at:
5 Year Fixed - 2.84%
5 Year VRM - 2.30%


Restricted / Conditions apply Rates
Starting at:
5 Year Fixed - 2.59%* Conventional & High Ratio
5 Year VRM - 2.00%* High Ratio
5 Year VRM - 2.05%* Conventional
* Conditions / Restrictions Apply - Call or PM for details

Call or PM for MORE "UnPublished" rates or other term information.

OAC, some terms and conditions may apply, rates subject to change without notice