03-05-2020, 10:11 AM
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#121
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Quote:
Originally Posted by Ace
Not that i'm impatient or anything; but how come ATB hasn't adjusted yet?
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It can take lenders a few days to adjust their Prime rate. And it will always go into affect for the following month. So for March your current mortgage will still be at 3.95% (typically).
if it is a new mortgage, the change should be coming shortly.
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03-10-2020, 08:32 PM
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#122
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Franchise Player
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My mortgage providers have both cut their prime rates to 3.45%. I read an article that talked about future BOC rate cuts and the consensus seems to be that by this summer the lending rate could be down to 0.5% or even zero. If it managed to get to zero what would the prime rate at banks look like? 2%?
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03-10-2020, 08:57 PM
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#123
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week March 9, 2020
Prime Rate - 3.45% DECREASE by 0.50%
Special Rate Offers
5 Year Fixed - 2.29% High Ratio Purchase or Switch Only, Owner Occupied, Close in 60-90 days (some restrictions)
5 Year ARM/VRM - 2.35% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90 days (some restrictions)
Full Feature Rates -- 60 to 120 day rate protection
Starting at:
3 Year Fixed - 2.44% * High Ratio
4 Year Fixed - 2.54%
5 Year Fixed - 2.29% to 2.44% * High Ratio
5 Year Fixed - 2.49% to 2.69% * Conventional
5 Year ARM/VRM - 2.45% - 2.75%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.59% - 2.69%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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03-13-2020, 07:24 AM
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#124
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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HEADS UP - WARNING
If you are looking at variable rates in the coming months for a purchase or renewal of your mortgage... do so ASAP.
A few lenders have started to change the discounts offered on the Prime rate. Currently we have seen a couple of lenders increase their discounts by as much as 0.25%. Meaning, -1.00 discounts are now 0-.75%.
If you have questions or are considering variable rates... we can hold them for 120-days giving you time to decide... and always can switch to the low fixed rates prior to closing. I can be reached by phone / text 403-479-0066 or tim@timlacroix.com
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03-13-2020, 01:26 PM
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#125
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First Line Centre
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Quote:
Originally Posted by Mortgage Made Easy
HEADS UP - WARNING
If you are looking at variable rates in the coming months for a purchase or renewal of your mortgage... do so ASAP.
A few lenders have started to change the discounts offered on the Prime rate. Currently we have seen a couple of lenders increase their discounts by as much as 0.25%. Meaning, -1.00 discounts are now 0-.75%.
If you have questions or are considering variable rates... we can hold them for 120-days giving you time to decide... and always can switch to the low fixed rates prior to closing. I can be reached by phone / text 403-479-0066 or tim@timlacroix.com
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Does this change now that BoC cut rates further? I suspect variable rates would fall but a portion of the cut will be kept by banks.
Sent from my Nexus 6P using Tapatalk
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03-13-2020, 01:35 PM
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#126
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Quote:
Originally Posted by Izzle
Does this change now that BoC cut rates further? I suspect variable rates would fall but a portion of the cut will be kept by banks.
Sent from my Nexus 6P using Tapatalk
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We will now wait to see if the lenders reciprocate by dropping their rates and just by how much???
I do know that the discounts are going increase due to the changes that already have happened... meaning Prime - 1.00% will be decreasing to -.80% approx. Some lenders have already started.
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03-14-2020, 08:55 AM
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#127
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Rates have started to move... Friday evening Scotia made a big move!
- Scotia increase to fixed rates by 0.25%
- Scotia decrease in variable rate discounts from -0.70% to -0.10%
- Equitable Bank decrease in variable rate discounts from -1.00% to -0.25%
And a few other went from -1.00 to -0.80%.
And a couple other non-banks increase fixed by 0.10%
I would image we will see more announcements on Monday. If you are interested in securing some rates for the next 120-days... please PM me as I am working over the weekend to assist my fellow Beyond members. Or email tim@timlacroix.com.
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03-28-2020, 08:34 AM
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#128
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week March 30, 2020
Prime Rate - 2.45% -----> DECREASE by 1.50%
PROMOTIONS
5 Year Fixed - 2.29% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year Fixed - 2.39% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year ARM/VRM - 2.30% High Ratio Purchase or Switch Only, Owner Occupied, Close in 60 days (some restrictions)
Full Feature Rates -- 60 to 120 day rate protection
Starting at:
3 Year Fixed - 2.49% * High Ratio
4 Year Fixed - 3.09%
5 Year Fixed - 2.29% to 2.69% * High Ratio
5 Year Fixed - 2.69% to 2.94% * Conventional
5 Year ARM/VRM - 2.40% - 2.65%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 3.09% - 3.19%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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04-20-2020, 09:46 AM
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#129
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week April 20, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.54% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90 days (some restrictions)
5 Year Fixed - 2.49% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year ARM/VRM - 2.10% High Ratio Purchase or Switch Only, Owner Occupied, Close in 60 days (some restrictions)
Full Feature Rates -- 60 to 120 day rate protection
Starting at:
3 Year Fixed - 2.49% * High Ratio
4 Year Fixed - 2.99%
5 Year Fixed - 2.49% to 2.69% * High Ratio
5 Year Fixed - 2.69% to 2.94% * Conventional
5 Year ARM/VRM - 2.30% - 2.45%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.94% - 3.04%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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04-27-2020, 08:11 AM
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#130
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week April 27, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.39% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year Fixed - 2.49% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90 days (some restrictions)
5 Year ARM/VRM - 2.10% High Ratio Purchase or Switch Only, Owner Occupied, Close in 120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.39% * High Ratio
5 Year Fixed - 2.54% to 2.69% * High Ratio
5 Year Fixed - 2.54% to 2.89% * Conventional
5 Year ARM/VRM - 2.10% - 2.45%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.79% - 2.89%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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05-12-2020, 07:00 AM
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#131
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week May 11, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.29% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year Fixed - 2.49% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90 days (some restrictions)
5 Year ARM/VRM - 2.05% High Ratio Purchase or Switch Only, Owner Occupied, Close in 120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.29% * High Ratio
5 Year Fixed - 2.39% to 2.54% * High Ratio
5 Year Fixed - 2.59% to 2.79% * Conventional
5 Year ARM/VRM - 2.25% - 2.45%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.79% - 2.89%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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05-20-2020, 06:27 AM
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#132
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week May 18, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.29% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year Fixed - 2.49% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90 days (some restrictions)
5 Year ARM/VRM - 2.05% High Ratio Purchase or Switch Only, Owner Occupied, Close in 120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.29% * High Ratio
5 Year Fixed - 2.29% to 2.54% * High Ratio
5 Year Fixed - 2.59% to 2.79% * Conventional
5 Year ARM/VRM - 2.15% - 2.45%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.59% - 2.69%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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06-02-2020, 07:15 AM
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#133
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week June 1, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.24% High Ratio Purchase or Switch Only, Owner Occupied, Close in 45 days (some restrictions)
5 Year Fixed - 2.34% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.95% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.19% * High Ratio
5 Year Fixed - 2.24% to 2.49% * High Ratio
5 Year Fixed - 2.49% to 2.79% * Conventional
5 Year ARM/VRM - 2.00% - 2.35%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.54% - 2.79%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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06-08-2020, 09:17 AM
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#134
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week June 8, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.09% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.85% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.19% * High Ratio
5 Year Fixed - 2.24% to 2.49% * High Ratio
5 Year Fixed - 2.49% to 2.79% * Conventional
5 Year ARM/VRM - 2.00% - 2.35%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.54% - 2.79%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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06-22-2020, 07:56 AM
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#135
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week June 21, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 2.09% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.85% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.19% * High Ratio
5 Year Fixed - 2.19% to 2.34% * High Ratio
5 Year Fixed - 2.24% to 2.44% * Conventional
5 Year ARM/VRM - 2.00% - 2.25%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.44% - 2.59%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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06-29-2020, 09:43 AM
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#136
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week June 29, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 1.99% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.75% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.19% * High Ratio
5 Year Fixed - 2.19% to 2.24% * High Ratio
5 Year Fixed - 2.24% to 2.44% * Conventional
5 Year ARM/VRM - 2.00% - 2.25%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.44% - 2.59%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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07-07-2020, 07:16 AM
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#137
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week July 6, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 1.99% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.75% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 2.19% * High Ratio
5 Year Fixed - 2.19% to 2.24% * High Ratio
5 Year Fixed - 2.24% to 2.44% * Conventional
5 Year ARM/VRM - 2.00% - 2.25%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.44% - 2.59%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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07-28-2020, 07:54 AM
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#138
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week July 27, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 1.89% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.70% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 1.95% * High Ratio
5 Year Fixed - 1.94% to 2.14% * High Ratio
5 Year Fixed - 2.10% to 2.39% * Conventional
5 Year ARM/VRM - 1.90% - 2.20%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.25% - 2.49%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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08-05-2020, 08:24 AM
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#139
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Scoring Winger
Join Date: Sep 2014
Location: Calgary, AB
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Current Rates to Open Week Aug 4, 2020
Prime Rate - 2.45%
PROMOTIONS
5 Year Fixed - 1.84% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-129 days (some restrictions)
5 Year ARM/VRM - 1.70% High Ratio Purchase or Switch Only, Owner Occupied, Close in 90-120 days (some restrictions)
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Full Feature Rates up to 120 day rate protection
Starting at:
3 Year Fixed - 1.95% * High Ratio
5 Year Fixed - 1.94% to 2.09% * High Ratio
5 Year Fixed - 2.04% to 2.39% * Conventional
5 Year ARM/VRM - 2.00% - 2.20%
HELOC Rates Prime +0.50%
Refinance Rates
5 Year Fixed - 2.19% - 2.39%
Call or PM for MORE "UnPublished" rates or other term information.
OAC, some terms and conditions may apply, rates subject to change without notice
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08-20-2020, 08:36 AM
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#140
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#1 Goaltender
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I sent you an email to your CP email address.
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The Following User Says Thank You to red sky For This Useful Post:
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