Mortgage Rate and Market Update: As we
start off this January we continue to see historically low interest
rates and low mortgage rates with potential to go even lower next
week with the Bank of Canada meeting on the 20th. This is positive
news and should directly relate to more opportunities for
Canadian’s to purchase homes and save on their mortgage
payments. While bank variable rates are still set over Prime at
this time, we hope to see this begin to change with pressure on the
banks to pass along savings to the consumer. We will keep you
posted on the results of the Bank of Canada meeting next week.
On your side. Jared Dreyer, Accredited
Mortgage Professional 604 649-5991





